{"id":3115491,"url":"https://alion.io/job/u-s-bank-product-development-manager","title":"Product Development Manager","company":{"id":1754542,"name":"U.S. Bank","domain":"usbank.com","url":"https://alion.io/company/usbank-com","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":97,"open_postings":112,"ghost_share":0,"stale_share":0.339,"repost_share":0,"time_to_fill_p50_days":7,"computed_at":"2026-10-25T05:49:26Z"}},"role":"Product","role_family":"Product","seniority":"lead","employment_type":"full_time","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"explicit","locations":["Philadelphia, United States","Harrisburg, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":119765,"max":140900,"currency":"USD","period":"year","gross":null,"usd_annual":140900},"salary_estimate":null,"experience_years_min":10,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Outlook","optional":false}],"status":"live","first_seen_at":"2026-10-20T00:00:00Z","employer_posted_date":"2026-10-20","last_verified_at":"2026-10-25T02:29:17Z","board_verified":true,"closed_at":null,"days_open":6,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":6},"description":"At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.\nJob Description\nProduct Development Manager\nThe Investment Product Development Manager is an individual contributor who leads the evaluation, design, development, and launch of new or enhanced investment products across the firm’s platform. The role converts client needs, market opportunities, investment capabilities, and regulatory requirements into commercially viable solutions. Investment products may include mutual funds, exchange-traded funds (ETFs), collective investment trusts (CITs), private funds, and/or emerging digital-asset and tokenized structures.\nWorking across asset classes, vehicles, and distribution channels, the successful candidate serves as the accountable product lead from concept through discovery, implementation, and post-launch review. The successful candidate pairs deep investment-product expertise with disciplined execution and is able to build evidence-based business cases, define product and operating requirements, align senior stakeholders, and lead complex, cross-functional initiatives to facilitate bringing products to market.\nEssential Functions\nProduct development lifecycle ownership: Lead the end-to-end development lifecycle by identifying opportunities, researching the competitive landscape, modeling cost/benefit and product feasibility, engaging stakeholders, and aligning governance structures.\nOpportunity assessment: Evaluate opportunities across fixed income, liquidity, multi-asset, alternatives, and digital assets using client demand, competitive positioning, investment merit, distribution fit, economics, and risk.\nBusiness case development: Build rigorous business cases covering target market, value proposition, asset and revenue outlook, pricing, seed-capital needs, implementation costs, operating model, dependencies, risks, and success measures.\nVehicle and wrapper analysis: Recommend the structure that best fits client, channel, regulatory, operational, risk, and commercial requirements.\nRequirements and delivery: Translate strategy into clear business and product requirements; coordinate investment, distribution, operations, technology, legal, compliance, risk, tax, finance, marketing, and external service providers to deliver on approved scope, timing, and cost.\nProgram leadership: Lead multiple complex workstreams and project teams, establish decision rights and milestones, surface trade-offs early, and drive timely executive decisions.\nCompetitive and market analysis: Analyze product design, performance, portfolio characteristics, fees, flows, capacity, distribution, and investor behavior to inform differentiated positioning.\nGovernance and communication: Prepare governance materials and present recommendations to senior management and product committees, communicating complex issues clearly and providing an independent point of view.\nRisk and regulatory integration: Ensure products and supporting documentation meet applicable legal, regulatory, fiduciary, operational, liquidity, valuation, cybersecurity, and third-party risk standards.\nDigital-asset diligence: For tokenized and digital-asset solutions, assess custody, settlement, blockchain infrastructure, liquidity, valuation, data, investor eligibility, and evolving regulatory requirements.\nPriority Focus Areas\nNear- and medium-term work may include fixed-income, multi- asset, real asset, product development, ETF and wrapper capability build-out, offshore/cross-border fund expansion, digital-asset and tokenized fund initiatives, and strategic partnership development. Specific priorities will evolve with client needs, regulation, and enterprise strategy.\nBasic Qualifications\nBachelor’s degree or equivalent practical experience.\nMinimum of 10 years of experience in investment management, asset management, product development, product strategy, or a closely related field.\nPreferred Skills/Experience\nExperience with fixed income, multi - asset, real asset,ETF platforms, offshore/UCITS fund structures, private funds, or institutional channels.\nWorking knowledge of digital assets, tokenization, or digitally enabled investment products.\nAdvanced degree or relevant professional designation (e.g., CFA).\nFamiliarity with product economics, pricing, financial modeling, competitive and market-data platforms (e.g., eVestment, Bloomberg, Morningstar), and executive-level governance.\nDemonstrated experience taking investment products from concept through launch and post-launch management.\nSubstantive expertise across multiple registered and institutional vehicles, including mutual funds, ETFs, collective investment trusts, and private funds.\nBroad knowledge across asset classes, with the ability to assess investment, commercial, operational, and regulatory implications.\nExperience leading complex, cross-functional initiatives and influencing senior stakeholders without direct reporting authority.\nWell-honed problem-solving skills and the ability to work comfortably through ambiguous or changing priorities.\nStrategic thinker with the ability to connect client needs, investment capabilities, distribution, economics, and enterprise priorities while thinking effectively under pressure and demonstrating an understanding of the industry, business, and priorities.\nDemonstrated execution discipline with the ability to turn ambiguity into decisions, requirements, ownership, and measurable milestones.\nStrong analytical and quantitative aptitude, with familiarity with Excel and analytical software and reporting platforms, including eVestment, Clearwater, and Bloomberg.\nDemonstrated market research skills and outstanding flexibility, teamwork, and leadership.\nStrong investment knowledge, sound decision-making, and strategic thinking under pressure, reflecting an understanding of the industry, business, and priorities.\nExceptional written and verbal communication skills, with the ability to confidently present to senior-level stakeholders.\nStrong drive for results, conveying a sense of urgency and bringing issues to closure despite obstacles and opposition.\nAbility to work independently and manage project teams with a strong work ethic.\nThe role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.\nIf there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.\nBenefits:\nOur approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:\nHealthcare (medical, dental, vision)\n\nBasic term and optional term life insurance\n\nShort-term and long-term disability\n\nPregnancy disability and parental leave\n\n401(k) and employer-funded retirement plan\n\nPaid vacation (from two to five weeks depending on salary grade and tenure)\n\nUp to 11 paid holiday opportunities\n\nAdoption assistance\n\nSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law\n\nReview our full benefits available by employment status here.\nU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.\nE-Verify\nU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.\nThe salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.\nApplicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.\nPosting may be closed earlier due to high volume of applicants.","description_format":"text","description_chars":9939,"description_truncated":false,"requirements":{"experience_years_min":10,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["Equity","Flexible schedule","Life insurance","Parental leave","Retirement plans"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Cards & Card Issuing","Mortgage Lending & Brokers"],"lifecycle":[{"event":"open","at":"2026-10-22T21:57:03Z"}],"visa":[],"liveness":{"score":65,"band":"ok","label":"Likely open","p_open":1,"p_active":0.861,"p_room":0.75,"age_days":5,"expected_fill_days":7,"reasons":["conf:3","velocity","win:late","comp:brand"],"computed_at":"2026-10-25T05:49:26Z"},"pay":{"stated_usd_annual":140900,"is_top_pay":false},"html_url":"https://alion.io/job/u-s-bank-product-development-manager","json_url":"https://alion.io/job/u-s-bank-product-development-manager.json","meta":{"generated_at":"2026-10-26T02:10:25Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":2859,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-27T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":1754542},"rest":"https://alion.io/mcp/rest/get_company?id=1754542"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fu-s-bank-product-development-manager"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fu-s-bank-product-development-manager"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fu-s-bank-product-development-manager"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/u-s-bank-product-development-manager\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fu-s-bank-product-development-manager"}]}