Product Owner with Custodial Wealth Management Exp.

Job Title Product Owner with Custodial Wealth Management Exp.

Location : Oaks, PA

Experience: 10-15 Years

 

Job Summary

We are seeking an experienced Product Owner with strong Custodial Wealth Management domain expertise to drive the vision, strategy, and delivery of digital products and platforms supporting Custodial Wealth Management business functions. The ideal candidate will act as a bridge between business stakeholders, advisors, operations teams, and technology teams to deliver innovative solutions that enhance client experience, operational efficiency, regulatory compliance, and business growth.

The Product Owner will be responsible for managing the product backlog, defining product roadmaps, prioritizing features, and ensuring successful execution using Agile methodologies.

 

Key Responsibilities

Product Ownership & Agile Delivery

• Define and communicate product vision, strategy, and roadmap.
• Own and manage the product backlog, ensuring alignment with business priorities.
• Create detailed user stories, acceptance criteria, and business requirements.
• Prioritize features and enhancements based on business value, customer needs, and regulatory requirements.
• Participate in Sprint Planning, Backlog Grooming, Reviews, and Retrospectives.
• Collaborate closely with Scrum Masters, Business Analysts, Architects, and Development teams.
• Act as the primary decision-maker for product-related priorities and requirements.

Custodial Wealth Management Domain Responsibilities

• Drive solutions across Custodial Wealth Management functions including:
  • Portfolio Management
  • Investment Advisory
  • Financial Planning
  • Client Onboarding
  • Trading & Order Management
  • Performance Reporting
  • Client Reporting & Statements
  • Retirement Planning
  • Alternative Investments
  • Asset Allocation & Rebalancing
• Gather requirements from Financial Advisors, Relationship Managers, Operations Teams, and Business Stakeholders.
• Ensure products align with industry regulations and compliance standards.
• Support digital transformation initiatives across Custodial Wealth Management platforms.

Stakeholder Management

• Collaborate with business leaders to identify opportunities for innovation and process improvement.
• Manage stakeholder expectations and communicate product progress effectively.
• Facilitate workshops, requirement sessions, and product demonstrations.

Data & Analytics

• Define KPIs and success metrics for product performance.
• Utilize client, advisor, and operational data to drive product decisions.
• Work with reporting and analytics teams to measure business outcomes.

Required Skills & Qualifications

Education

• Bachelor's degree in Finance, Business, Computer Science, Information Systems, or related field.
• MBA or equivalent preferred.

Experience

• 8+ years of experience in BFSI domain.
• 3+ years of experience as Product Owner/Product Manager.
• Strong experience in Custodial Wealth Management platforms and processes.

Domain Expertise

Strong understanding of:

• Wealth Management
• Private Banking
• Investment Management
• Portfolio Management
• Brokerage Operations
• Financial Advisory Services
• Retirement Products
• Managed Accounts
• Mutual Funds, ETFs, Equities, Fixed Income Products
• Client Lifecycle Management

Agile & Product Management

• Agile/Scrum methodologies
• Product backlog management
• User story creation
• Roadmap planning
• Release management
• Prioritization frameworks

Technical Knowledge

Good understanding of:

• Digital Wealth Platforms
• CRM Systems (Salesforce preferred)
• API and Microservices architecture
• Cloud platforms (AWS/Azure preferred)
• Data analytics and reporting
• Integration technologies

Preferred Qualifications

• Certified Scrum Product Owner (CSPO)
• SAFe Product Owner/Product Manager (POPM)
• CFA, CFP, or Wealth Management certifications preferred
• Experience with platforms such as:
  • Charles River
  • Aladdin
  • Pershing
  • Fidelity Wealthscape
  • Envestnet
  • Salesforce Financial Services Cloud

Key Competencies

• Strategic thinking
• Stakeholder management
• Client-centric mindset
• Strong analytical skills
• Excellent communication and presentation skills
• Decision-making and prioritization
• Leadership and collaboration

Success Measures

• Timely delivery of product roadmap commitments.
• Increased advisor and client satisfaction.
• Improved operational efficiency.
• Successful adoption of new product capabilities.
• Compliance with regulatory and governance requirements.
• Achievement of business growth and revenue objectives.