Senior Product Manager - Wealth Strategy and Adoption
hace 20 días
New York
Job Description Private markets are rapidly becoming a core part of wealth portfolios, but most wealth managers still rely on manual processes, fragmented data, bespoke integrations, and operational workarounds to deliver private market exposure. This limits scale, degrades client experience, and slows advisor adoption. InvestCloud’s Private Markets Network (PMN) is a network-level execution and processing platform that enables private market investments to be delivered at managed-account scale, with the same operational discipline, control framework, and integration model wealth managers expect in public markets. PMN underpins the Private Markets Account (PMA) and sits at the intersection of: • Wealth managers, • Private market asset managers, • Custodians and fund administrators This is not a passive enablement role. You will: • Help shape PMN’s product and network strategy., • Define what “good” looks like for wealth manager adoption., • Work directly with the market to unlock private markets at scale. What Does a Great Senior Product Manager--Wealth Strategy & Adoption Do? • Understands both wealth manager and asset manager perspectives on private markets., • Can structure ambiguous, cross-functional problems and turn them into clear recommendations and actions., • Moves fluently between strategy and execution—from board-level framing to detailed onboarding assumptions., • Acts as a bridge between market, product, and delivery teams, ensuring PMN reflects how the market actually operates. Wealth Strategy & Market Unlock • Work directly with PMN leadership to shape PMN’s wealth strategy and adoption approach., • Engage with wealth managers to understand adoption constraints across operating model, governance, data, technology, and servicing., • Help define what it means for a wealth manager to be “PMN-ready”—and the practical steps required to get them there., • Act as a bridge between the wealth market and PMN product teams., • Influence PMN product direction by grounding decisions in real-world adoption challenges., • Help shape PMN rules, workflows, and operating model assumptions., • Support PMN go-to-market positioning and narratives with real market insight., • Help align PMN and APL sales motions to reduce friction and misalignment., • Prepare materials and analysis for senior internal and external stakeholders., • Support the creation of wealth manager readiness frameworks, onboarding playbooks, and adoption guides., • Work closely with the APL / PMA team to align PMN and PMA onboarding expectations., • Help create user guides, implementation guides, and onboarding materials that make PMN usable and understandable for wealth managers., • Ensure documentation reflects how wealth managers actually operate, not just how the product works in theory. In a typical week, you might be: • Working with a major wealth manager to understand what really blocks them from scaling private markets in managed accounts., • Engaging with private market asset managers to understand product, operational, and distribution constraints., • Helping define how PMN’s rules, workflows, or data models need to evolve to remove those blockers., • Stress-testing PMN and PMA onboarding assumptions after they become delivery problems., • Shaping adoption playbooks that determine how the market experiences PMN., • Turning messy client conversations into clear product and network strategy input., • PMN Leadership, • InvestCloud Leadership, • APL / PMA Product & Delivery Teams, • PMN Product & Engineering, • Wealth manager investment, platform, operations, and program teams, • Private market asset managers, • 2–6 years’ experience in:, • Management consulting, internal strategy, or change roles, or, • Product- and market-facing roles within wealth management, asset management, fintech, or financial market infrastructure., • Demonstrated ability to structure complex, ambiguous problems and turn them into clear insights, recommendations, and actions., • Strong strategic and analytical thinking, with the ability to move between big-picture framing and detailed execution., • Comfortable operating in fast-moving, uncertain environments with limited precedent or playbooks., • Ability to engage credibly and confidently with senior stakeholders, both internally and externally., • Exposure to private markets, alternatives, or complex investment products (e.g., private equity, private credit, real assets, semi-liquid funds)., • Experience working on or alongside investment platforms, managed accounts, or market infrastructure., • Prior experience acting as a bridge between product, technology, and business teams., • Familiarity with operating model design, onboarding, or adoption frameworks in financial services., • Curious, commercially minded, and outcome-driven., • Low ego, high ownership; comfortable taking responsibility in ambiguous situations. This role offers: • A front-row seat in reshaping how private markets scale into wealth., • The opportunity to influence product and network strategy through real market engagement., • Access to leading private market asset managers and wealth firms. About InvestCloud InvestCloud, a global leader in wealth technology, aspires to enable a smarter financial future. Driving the digital transformation of the wealth management industry, the company serves a broad array of clients globally, including Wealth and Asset Managers, Wirehouses, Banks, RIAs, and Insurers. In terms of scale, the company’s clients represent more than 40 percent of the $132 trillion of total assets globally. As a leader in delivering personalization and scale across advisory programs, including unified managed accounts (UMA) and separately managed accounts (SMA), the company is committed to the success of its clients. By equipping and enabling advisors and their clients with connected technology, enhanced intelligence, and inspired experiences, InvestCloud delivers leading digital wealth management and financial planning solutions, complemented by a dynamic data warehouse, which scale across the complete wealth continuum. In 2024, InvestCloud was named CNBC World’s Top Fintech Company, a proof point of the company’s commitment to innovation and client success. Headquartered in the United States, InvestCloud serves clients around the world. For more information, visit InvestCloud.com. Our Values • Client Connected, • Human Centered, • Technology Forward, • Respect + Integrity #LI-BH1