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ProShares · 1 week ago

Executive Director, Head of Product Development

New York, NY

Full-time

Hybrid

Director/Executive

$250K/yr - $300K/yr

15+ years exp

ProShares is an industry leader in ETF strategies, offering innovative investment solutions since 2006. The Head of Product Development will be responsible for defining and executing the product development strategy, managing a global pipeline, and collaborating with partners to bring new investment products to market.

Financial ServicesFinTech

Responsibilities

Define and execute product development strategy across multiple asset classes, investment structures and targeted client channels; experience in fixed income and alternatives highly desired

Generate new ideas that continue the firm’s long heritage in first-to-market and unique investment products for the financial advisor and self-directed investor channels

Lead market research and use client feedback to identify opportunities and guide product improvements

Partner closely with the CEO and senior management team to identify new opportunities and advance product initiatives from idea to launch and scale

Oversee the development process at every stage, ensuring feasibility, investment integrity, operational excellence, and measurable commercial results post launch

Partner with internal teams, including product management, legal, portfolio management, and portfolio operations, to ensure disciplined and complaint approach

Manage competing priorities and execute with urgency in line with timelines and budgets

Stay current with industry regulations and ensure that new products adhere to all legal and compliance requirements

Anticipate trends and competitive dynamics to position ProShares as an innovation leader

Oversight of team of subject matter experts and technical product practitioners

Qualification

Product development strategyAsset management experienceInvestment product launchMarket researchRegulatory complianceTeam managementCommunication skillsCreative problem-solvingProject management

Required

15+ years of experience in asset management, with a demonstrated record of product development and functional team leadership; history of managing technical teams preferred

Proven success developing and launching investment products across asset classes such as equities, fixed income, private markets and liquid alternatives

Experience with index based or model-driven actively managed strategies and portfolio teams

Creative and abstract thinker who challenges conventional approaches and can find new ways of accessing financial markets or providing financial solutions for investors

Deep understanding of ETFs and the evolving financial landscape, investor behavior, and the global regulatory environment

Experience with other delivery vehicles such as interval funds, collective trusts, and other pooled products

Exceptional communication, relationship management, and leadership skills, with the ability to influence effectively at executive levels

Demonstrated track record of innovation, complex project management, and ability to influence decisions

Strong industry relationships that will enable you to gather insights and keep abreast of emerging trends

Strong strategic thinking and creative problem-solving skills

Excellent project and process management skills, with a keen focus on execution

Creativity and forward-looking thinking

Exceptional communication and interpersonal skills to work effectively with diverse teams

Proven leadership and team management experience

Ability to navigate complex regulatory environments