Bulge Bracket Investment Banks

Posted 5 days ago

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**Securities Services On-Balance Sheet Product VP:** Manage $225BN+ deposits and 425,000+ accounts. Design and deliver key product initiatives, engage clients, and enhance features. Collaborate cross-functionally with technology, operations, and risk teams. Requires 5+ years of product management experience in securities services or related fields. Strong analytical, problem-solving, and communication skills needed. Experience with global regulatory frameworks and deposit products a plus. Lead the execution of product roadmap in New York.

Compensation: Not specified
City: New York City
Country: United States

Full Job Description

Location: New York, NY, United States

Join a global leader in banking and securities services, where your expertise will shape the future of liquidity solutions for some of the worlds most prominent clients. As a Vice President on our On-Balance Sheet Product team, youll play a pivotal role in delivering high-impact solutions that support our clients evolving needs and drive firmwide success.

As a Vice President within the On-Balance Sheet Liquidity Product team in Securities Services Liquidity & FX, you will support the design, delivery, and ongoing management of innovative balance sheet solutions for a global client base of asset managers and asset owners. Youll help manage a $225BN+ deposit book, $1.5BN of overdrafts, and 425,000+ demand deposit accounts across 70+ currencies. Reporting to the Global Head of On-Balance Sheet Product, youll drive the execution of the strategic product roadmap, collaborating with cross-functional teams to deliver robust, scalable solutions aligned with client needs, regulatory requirements, and firmwide goals.

Job responsibilities

Support delivery of key product initiatives across deposits, liquidity, and interest solutions, ensuring alignment with Securities Services and Cash & Liquidity strategy.

Manage day-to-day product performance, including onboarding, pricing reviews, client engagement, issue resolution, and continuous enhancement of features and controls.

Assist in developing and tailoring solutions for global and regional asset managers and owners, monitoring market developments and competitor offerings.

Partner with Technology and Operations to support the build-out of the strategic liquidity platform, including migrations from legacy solutions.

Develop and maintain subject matter expertise across deposit products and liquidity structures, including regulatory topics such as Basel III, deposit insurance, and withholding tax.

Contribute to robust control frameworks supporting compliance with deposit-taking regulations and internal risk standards.

Leverage data to support product decisions, identify trends, and contribute to performance tracking and reporting for senior management.

Required qualifications, capabilities, and skills

Proven experience in product management, financial services, or liquidity and deposit products, ideally within Securities Services, Treasury, or Payments.

Strong analytical and problem-solving skills, with ability to manage complex, multi-dimensional initiatives.

Excellent written and verbal communication skills, able to articulate technical concepts to diverse audiences.

Familiarity with global regulatory frameworks impacting deposits and liquidity (e.g., Basel III, LCR/NSFR, deposit insurance regimes).

Strong organizational skills and attention to detail; capable of managing multiple priorities.

Demonstrated ability to work independently and contribute to team-based deliverables.

Preferred qualifications, capabilities, and skills

Securities Services-related experience and/or deposit experience.

Understanding of liquidity products such as notional pooling, group pricing, and multi-currency deposit structures.

Exposure to platform or infrastructure transformation projects, especially in highly regulated environments.

Drive the design and delivery of innovative balance sheet solutions for global asset managers and owners.

Full Job Description

Location: New York, NY, United States

Job responsibilities

Support delivery of key product initiatives across deposits, liquidity, and interest solutions, ensuring alignment with Securities Services and Cash & Liquidity strategy.

Manage day-to-day product performance, including onboarding, pricing reviews, client engagement, issue resolution, and continuous enhancement of features and controls.

Assist in developing and tailoring solutions for global and regional asset managers and owners, monitoring market developments and competitor offerings.

Partner with Technology and Operations to support the build-out of the strategic liquidity platform, including migrations from legacy solutions.

Develop and maintain subject matter expertise across deposit products and liquidity structures, including regulatory topics such as Basel III, deposit insurance, and withholding tax.

Contribute to robust control frameworks supporting compliance with deposit-taking regulations and internal risk standards.

Leverage data to support product decisions, identify trends, and contribute to performance tracking and reporting for senior management.

Required qualifications, capabilities, and skills

Proven experience in product management, financial services, or liquidity and deposit products, ideally within Securities Services, Treasury, or Payments.

Strong analytical and problem-solving skills, with ability to manage complex, multi-dimensional initiatives.

Excellent written and verbal communication skills, able to articulate technical concepts to diverse audiences.

Familiarity with global regulatory frameworks impacting deposits and liquidity (e.g., Basel III, LCR/NSFR, deposit insurance regimes).

Strong organizational skills and attention to detail; capable of managing multiple priorities.

Demonstrated ability to work independently and contribute to team-based deliverables.

Preferred qualifications, capabilities, and skills

Securities Services-related experience and/or deposit experience.

Understanding of liquidity products such as notional pooling, group pricing, and multi-currency deposit structures.

Exposure to platform or infrastructure transformation projects, especially in highly regulated environments.

Drive the design and delivery of innovative balance sheet solutions for global asset managers and owners.

Securities Services -On-Balance Sheet Product – Vice President

Full Job Description

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