The QIS Index Product Management (PM) role is focused on the commercialization strategy of Nasdaq's Index solutions for Insurance companies, Banks, and the delivery of QIS strategies in additional wrappers such as ETFs. This role operates as the central person to coordinate across our teams to ensure the Indices are commercially viable from a pricing and profitability perspective across audiences. Additionally, this role serves as the central point for key contract considerations.
Leadership
- Provides leadership and direction to and through team members
- Implements customer-focused and process-driven performance metrics and cultures to ensure a positive business performance.
- Establishes reporting and measurements across product portfolios, using feedback to shape ongoing refinements for product focus areas and thought leadership.
- Drives talent and leadership development with a significant focus on leadership through influence.
- Grows the Product Management job family by mentoring other Product Managers or by organizing activities for other Product Managers to enhance their skills and experience.
Strategy
Drives the global commercialization strategy of indexes utilized in annuities, structured notes, OTC options, OTC swaps, warrants, and certificates.Drives the global commercialization strategy of QIS overlay indexes and related licensed investment products which includes Options based, Futures based, Risk control, and Decrement indexes.Understands and adheres to business strategy and policies that result in a positive bottom line for the Index business, Capital Access Platforms and wider Nasdaq.Works with senior management team to effectively drive the strategy, recommending solutions and guiding business resources and activities as needed.Designs global strategy for portfolio management of wide array of index investment strategies, analyzing complex business dynamics and competitive issues and determining their impact on multiple project initiatives and the product portfolio.Drives product profitability and risk mitigation strategies and reviews business, division, major geography, corporate function, or major corporate sub-function and organization's performance data (financial, market, sales, activity reports, etc. to monitor and measure productivity, goal progress and activity levels), understanding financial implications of the business strategy.Identifies and drives new global business opportunities for targeting new geographies or client segments and helps support appropriate business plans throughout the matrix organizationReviews and approves solutions and comprehensive business cases that are feasible and growth oriented.Reviews and approves product approaches based on intellectual property and patent considerations.Remains abreast of the competitive landscape including specific competitive products, regulatory dynamics, investor needs, strengths and weaknesses and industry trends.Has responsibility for product pricing, commercialization and contracting term frameworksEngages with relevant Nasdaq team members outside the Index Business to drive cross-collaboration that delivers revenue growth and value for the overall organizationManagement and Operations
Oversees the execution of organizational initiatives and daily operations of the business; issues necessary instructions to senior management for preparation of department budgets, procedures, schedules, etc.Partners with domestic and global teams and projects, identifying risks and issues and intervening when needed.Manages multiple, complex projects, serving as an expert resource to teams during the sales targeting and go to market planning phases.Monitors status updates prepared by others, handling the escalation of problems and offering guidance and recommendations to project leaders and business leaders.Directs the development and execution of global investment product distribution strategies and serves as a global resource and expert for advising global investment strategy relevance and commercial strategy.Drives creative thinking in the creation of global product solutions to address customer needs, collaborating with multiple stakeholders to leverage organizational ecosystem messaging and lessons learned to improve organizational capabilities and offerings.Responsible for necessary measures to ensure compliance with applicable work safety and work environment regulations and any applicable Nasdaq policies.Client Engagement
Builds strong partnerships with key individuals, leaders, and stakeholders in other organizations, both domestically and globally.Provides strategic guidance to clients (internally and externally) to support their individual, team and business development.Cross Functional Responsibilities
Work with New Product to understand who and how indices are being pitched across different client product solutions and influence areas of focus for new product ideationWork with Research to influence market perspective, support objectives for channel distribution and support the transition of customers from one index or methodology to another when identified by Methodology Research.Work with Methodology Research to proactively identify methodology adjustments the team should consider for QIS overlay indexes to ensure the indexes remain relevant and investableWork together with Sales to understand the right target customers to bring relevant indexes to and to understand client roadmaps and objectives for documentation in salesforce to improve our index pitch target planningCoordinate with Sales and Partnerships to understand right price levels in market context and develop monetization and contracting strategyCollaborate with Marketing to manage public perception and relevance of indices, to assure that collateral is produced in time and that messaging is in line with product strategy and intended positioning, and to ensure that right target audience is being targetedWork with Legal and Governance to understand market protection dynamics and to determine how changing market regulations might affect the indicesBasic Requirements
Bachelor's degree in finance, Engineering, Computer Science, Data Analytics, Economics, Applied Mathematics, or similar10 years' experience at either an index provider, asset management (ETF Portfolio Management team) or bank derivatives desk.Extensive domain knowledge of global financial data, and the how that is used in the creation of benchmark and systematic Indexes.Proven track record of successfully managing and launching index product portfolios or associated index-linked investment products in a fast-paced, technology-driven environment.Strong analytics and problem-solving skills, with the ability to gather and interpret data to make informed product decisions.Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and communicate complex ideas to diverse audiences.Experience with agile methodology and product management, as well as using tools such as JIRA and Confluence.Strong business acumen and ability to understand the larger company strategyPreferred Requirements (desired) :
A proven track record of successfully implementing Index strategies.Extensive domain knowledge of global financial markets, benchmark and systematic index construction and use cases for Indexes.Knowledge of machine learning and data science conceptsOne or more Agile certifications (e.g. CSPO, CSP, ICP-ACC) and / or Scaling certifications (SAFe, LeSS, Scrum@Scale) are a plusFamiliarity with cloud computing platforms such as AWS, Azure, or Google Cloud Platform is a plus.Come as You Are
Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and / or expression, veteran status, genetic information, or any other status protected by applicable law.
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 an accommodation.
What We Offer
We're proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq's overall success.
The base pay range for this role is $139,600 - $232,600. In addition to base salary, Nasdaq provides a generous annual bonus / commission (short-term incentive), and equity (long-term incentive), comprehensive benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to : skill set, experience, education / training, business needs and market demands.
Nasdaq's programs and rewards are intended to allow our employees to :
Secure Wealth : 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time offPrioritize Health : Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discountsCare for Family : Hybrid home / office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leaveConnect with Community : Company gift matching program, Employee resource groups, Paid volunteer daysGrow Career : Education Assistance Program, Robust job skills training and Professional development opportunitiesFor more information, visit Nasdaq Benefits & Rewards Career page
Salary : $139,600 - $232,600
