Wealth Management, OTC Product Development Lead - Vice President
hackajob · New York, NY · 2 wk ago
On-siteSalesFull-time
Job Responsibilities
- Strategic Partnership: Lead high-level relationships across the Private Bank stakeholders and CIB market teams. Align stakeholders across Legal, Risk, Compliance, and Tech to turn complex product journeys into simplified realities.
- Roadmap Ownership: Define and execute the OTC product strategy. Manage the commercial lifecycle, pre and post trade experiences, and marketing while securing all necessary governance approvals.
- Digital Transformation: Drive deep integration with CIB platforms. Champion "first-time-right" execution by embedding suitability mapping and automation directly into the order workflow.
- Scale & Automation: Move the needle on STP (Straight-Through Processing). Lead the automation of quoting, booking, and collateral management, using data to reduce cycle times and eliminate manual errors.
- Risk & Frameworks: Enhance risk and credit frameworks. Deliver superior portfolio-level risk analytics and collateral visibility for both the bank and our clients.
- Risk & Frameworks: Enhance risk and credit frameworks. Deliver superior portfolio-level risk analytics and collateral visibility for both the bank and our clients.
- Regulatory Leadership: Act as the primary lead for regulatory implementations, ensuring all OTC products meet evolving global standards and audit requirements.
- Innovate product development to include analyzing the trade flow journey from onboarding to trade lifecycle. Drive platform adoption, marketing, enhance capabilities and obtain any governance approvals.
- Growth and scale: Measurable revenue uplift driven by scaled distribution, increased usage of our click to trade capabilities.
- Global Consistency: A unified, "one-bank" client journey across the US, EMEA, and Asia.
- Ironclad Controls: A proactive control environment where pre-trade checks and suitability are non-negotiable gatekeepers for every launch.
Required Qualifications, Capabilities, and Skills
- Minimum 6 years experience in Product Development or Digital Markets with a proven track record of front-to-back delivery.
- Asset Class Expertise: Deep derivatives technical fluency across Equities, FX, Rates, Credit, and Commodities, including a solid grasp of xVA and lifecycle events.
- The Architect Mindset: Experience delivering integrations and platform scalability within a highly regulated environment.
- Commercial Instinct: A self-driven owner who isn't afraid to challenge and who prioritizes high-impact delivery.
- The Influencer: Exceptional stakeholder management skills with the ability to translate complex data into "board-ready" governance materials and business strategies.