Product Management Director – ISCO Managed Accounts
Why USAA?
At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.
Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members. Be part of what truly makes us special and impactful.
We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.
The Opportunity
We are currently seeking a Product Management Director (individual contributor) to be responsible for defining and executing the strategy for the firm’s managed investment solutions, including model portfolios, Separately Managed Accounts (SMAs), Unified Managed Accounts (UMAs), and other investment advisory programs and solutions. This leader owns the managed accounts product strategy and roadmap and is accountable for delivering a competitive, scalable, and differentiated investment platform that supports member needs, advisor effectiveness, asset growth, and the firm’s broader investment services strategy.
The Director serves as a senior product leader across investment services, financial planning, distribution, technology, operations, risk, legal, and compliance and influences significant investment and business decisions related to the managed accounts platform.
This role will formulate product/sales strategy recommendations based on analysis of profitability, competitiveness and sales performance for the product life cycle. Compile, analyze and interpret data to make strategic and tactical recommendations or decisions pertaining to sales/product performance. Responsible for defining the business questions and providing insights to improve business performance. Supports the maintenance of existing products and/or may lead in the development and launch of less complex, new products with channel partners, managing and prioritizing deliverables in accordance with Agile principles.
This role will be on the leadership team for ISCO Product Management which is responsible for USAA’s investment product and financial planning offer. It will report to the Head of Product Management for ISCO.The ideal candidate combines deep knowledge of managed account platforms and investment products with strong product management, technology, analytical, and leadership skills.
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based on Plano, TX. (preferred) or San Antonio, TX. Campus Relocation assistance IS available for this position.
What you'll do:
Leverages internal and external data and member information to support formulation of product strategy and enhance competitive intelligence.
Develop product dashboards and metrics recommendations in support of analyzing and evaluating strategic performance.
Partners with Marketing to define go-to-market and value proposition strategy of the product/feature.
Develops recommendations to launch new products and the evaluation and decision to buy/build or ally.
Acts as product SME on features and services and collaborates with business partners to provide recommendations.
Analyzes and evaluates product performance metrics to form recommendations regarding market opportunities and product enhancements.
Lead efforts to expand or change existing product features utilizing Agile methodologies to deliver innovative solutions.
Contributes to decisions regarding product pricing and profitability.
Identifies and evaluates potential providers for alliance relationships.
Provides support regarding all aspects of Product Life Cycle.
Approves and provides support in developing, editing and distributing product communications.
Coordinates with relevant control partners (to include Legal, Compliance, and Risk Management) to ensure product offerings are designed, implemented and managed in compliance with all applicable laws and regulations.
Contributes to the overall strategy of the business and collaborates with alliance to develop product strategy.
Interprets performance results to inform product or sales forecast and planning.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
What you have:
Bachelor's Degree in Business, Marketing, Supply Chain, Statistics, or related discipline; OR 4 years of related educations and/or experience (in addition to the minimum years of experience required) may be substituted in lieu of degree(Total of 12 years of experience without bachelor’s degree)
8 years of relevant industry experience in Actuary, Underwriting, Marketing or Sales/Service or Finance/Accounting Operations or Financial Services.
3 years of product management, or similar strategic management experience (similar experience includes direct support in managing product performance).
2 years of Data Visualization experience (i.e. Tableau).
Knowledge of relevant laws and regulations (i.e. FINRA and SEC).
Expert experience in creating product briefings and presenting to executive leadership.
Experienced in market research to create product roadmap, make product decisions and iterate rapidly.
Knowledge of applicable product related regulations, and risk and compliance requirements.
What sets you apart:
US military experience through military service or a military spouse/domestic partner
10 or more years of working experience with managed account products including model portfolios, UMA, SMA, and other investment advisory solutions or comparable experience in investment products or wealth management.
Strong understanding of portfolio construction, asset management, advisory pricing, investment products, and wealth management economics.
Demonstrated experience developing product and business strategies and translating them into executable roadmaps.
Experience leading large, complex, cross-functional initiatives.
Strong executive communication, analytical, financial, and strategic decision-making capabilities.
FINRA Series 7 licensed
Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP)
Compensation range: The salary range for this position is: $143,320 - $273,930
USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).
Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.
Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.
For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.
Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.
USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.