Product Management Associate Director - Alternative Investments
DTCC
Product
Jersey City, NJ, USA
USD 95k-180k / year
Posted on Jul 30, 2025
Product Management Associate Director - Alternative Investments
Jersey City, NJ, United States
Job Info
- Job Identification 211056
- Job Category Product Management
- Posting Date 07/30/2025, 02:05 AM
- Locations 570 Washington Blvd, Jersey City, NJ, 07310, US
- Job Schedule Full time
- Salary Range Associate Director-95,000-180,000-USD
- FLSA Status Exempt
Job Description
Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Pay and Benefits:
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Pension / Retirement benefits
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
The Impact you will have in this role:
Being a part of the Clearing & Securities Services team, the Product Manager will support the build-out of DTCC’s Alternatives franchise within the Wealth Management Services business. This role will be instrumental in shaping and delivering innovative solutions that expand access to alternative investments, enhance operational efficiency, and align with evolving client and regulatory expectations. The ideal candidate will possess a in-depth knowledge of the alternative investment industry and has familiarity with the associated processes and market landscape.
Your Primary Responsibilities:
- Product Strategy & Roadmap definition: Define and implement the product vision and strategy for alternatives within the Wealth business, including identifying market trends, client needs, and regulatory developments to inform product strategy. Build commercial models and cases to substantiate the strategy.
- Stakeholder Engagement: Collaborate with external partners and vendors, serving as a primary liaison between DTCC and its clients, as well as internal teams (e.g., technology, operations, legal/compliance, and the client office).
- Product Development & Delivery: Lead end-to-end product development lifecycle for alternative products —from ideation and requirements gathering to testing, launch, and post-launch optimization. Translate business needs into detailed product requirements and user stories, where required.
- Operational Enablement: Partner with Operations and Technology to streamline workflows and ensure scalable, resilient infrastructure for alternative investments. Support development of strategy to integrate the alternatives products into the firm’s broader wealth platform and clients’ systems and environments, where required.
- Risk & Compliance: Ensure all product initiatives adhere to regulatory requirements and internal risk standards. Proactively identify and mitigate potential risks associated with alternative products
- Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.
Qualifications:
- Minimum of 8 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success:
- 8 years of experience in product management, preferably within wealth management, asset management, or financial infrastructure.
- Solid understanding of or experience working in the alternative investments space (e.g., private equity, hedge funds, real assets) and the associated operational ecosystem.
- Proven ability to manage complex cross-functional initiatives and deliver results in a matrixed environment.
- Exceptional communication, analytical, and partner management skills; ability to articulate a vision in written, verbal, and presentation materials.
- Bachelor’s degree required; MBA or relevant advanced degree a plus.
- Experience working with or alongside DTCC or similar financial market infrastructure providers is highly desirable.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
About Us
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.
Learn more about Clearance and Settlement by clicking here.
About the Team
Clearing & Securities Services group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC’s portfolio of core securities business, including Institutional Trade processing and First Line Resilience and Control to facilitate better end-to-end planning and prioritization as well as enable more coordinated and seamless delivery of capabilities and services for our clients.
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