Product Manager, FX (Senior Specialist)

Recruiter
BNY Mellon
Location
London, England, United Kingdom
Salary
Competitive
Posted
04 Dec 2018
Closes
08 Dec 2018
Ref
4636001
Contract type
Permanent
Hours
Full time
Experience level
Manager
The global presence of our Foreign Exchange ("FX") capabilities allows BNY Mellon clients to transact in a variety of currencies in developed, emerging and frontier markets. The technology used for these capabilities is designed to offer productivity tools, help mitigate operational risks and provide access to local liquidity.

With the convenience of 11 sales and trading centers located around the world and 24/5 hour access to trading professionals - our Markets FX team is able to function in a convenient and efficient manner globally.

Our FX Expertise includes:

• Spot, forwards, swaps and non-deliverable forwards (NDF)

• Maintaining currency risk management through the application of our globally accessible execution channels and flow analyses

• Offering insightful and timely markets commentary

• Facilitating currency hedging programs customized to our clients' specifications with the aid of our iHedge® software

• Providing multi-currency cross-border payments in over 100 markets

• Access to iFlow® (our multi-asset capital flow product)

Product Management - Assigned to product areas with high-growth potential and has expertise on industry trends, market segments and competitor services/offerings. Develops ideas for new products. Ensures that risk, regulations, and market conditions are accounted for throughout the life-cycle of developed products. Analyzes complex client requirements and develops solutions that may include more than one product. Must understand the economics behind products and demonstrate business acumen. Independently manages the development, enhancement, and profitability of assigned products and performs both operational and marketing analysis to ensure profitability and penetration goals are met.

Manages relationship with Operations, Technology, Risk, Compliance, Legal, etc. to ensure different requirements are met during the new product development, enhancement, delivery, strategy, and planning processes. Employs a client-focused, strategic approach to develop the business case for firm offerings in the marketplace through in-depth and complex analyses on client segments, competitive landscape and industry environment. Demonstrates in-depth and comprehensive knowledge of assigned products, the marketplace and client needs to drive product growth/development.

Creates product management roadmaps and establishes evaluation criteria and success metrics. Leads pricing, promotion, distribution strategies and competitive differentiators. Positions products for specific client segments, highlighting key benefits and competitive advantages. Engages with Sales and relationship Management in supporting business sales. Performs technical training, demonstration and develops user guides for clients while also preparing sales materials and training BNY Mellon professionals. Contributes to the achievement of area objectives and profitability of assigned product(s).

Qualifications

Bachelors degree or the equivalent combination of education and experience is required. 7-10 years of total work experience preferred. Experience in Foreign Exchange, Currency Overlay or Fund Accounting is preferred. Experience in Product Management, operations, client management is advantageous. Applicable local/regional licenses or certifications as required by the business.

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

Global Markets, through its Foreign Exchange, Derivatives, BNY Mellon Capital Markets, LLC and BNY Mellon Capital Markets EMEA Limited businesses, provides a broad array of products and services for corporate, institutional and high-net-worth investors to choose among various vehicles aimed at protecting principal, providing growth and managing risk.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: United Kingdom-Greater London-London
Job: Global Markets
Internal Jobcode: 70237
Organization: FX-HR11066
Requisition Number: 1815609

Tags: EFC:EMEA:IS

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