ProShares
Senior Director, ETF Product Development
ProShares, Bethesda, Maryland, us, 20811
About Us:
ProShares now offers one of the largest lineups of ETFs, with more than $70 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
Position Summary:
We are seeking a highly experienced and visionary Senior Director of Product Development to lead our dynamic product development team. This is an opportunity for a seasoned executive to make a significant impact on the ETF industry through the introduction of new products that can play a meaningful role in helping investors achieve better risk-adjusted returns.
As the Senior Director of Product Development at ProShares, you will be a senior leader responsible for driving the development of new ETF products. You will oversee the entire product development process, from conceptualization to launch, and work closely with various internal stakeholders, including product management, legal, portfolio management, and portfolio operations, at each stage of the process. Your role will be instrumental in shaping the future of our ETF offerings and will require a collaborative approach in our team-based environment. This role reports to the Managing Director of Corporate Development, Strategy and Planning.
Essential Job Functions:
Product Strategy: Develop and execute a comprehensive product development strategy that aligns with the company's vision and market demand.
Idea Generation: Lead the development of innovative ETF product ideas, with particular emphasis on demonstrated first-hand experience understanding the unique needs of financial advisors and self-directed investors and designing products to suit those needs.
Cross-Functional Collaboration: Collaborate with internal teams, including product management, legal, portfolio management, and portfolio operations, to ensure a seamless and compliant product development process.
Innovation: Foster a culture of creativity and innovation within the product development team, encouraging fresh ideas and approaches.
Regulatory Oversight: Stay current with industry regulations and ensure that new ETF products adhere to all legal and compliance requirements.
Market Research: Stay informed about market trends, competitive products, and investor needs to inform product development decisions.
Project Management: Oversee and manage the entire product development process, from concept to launch, while maintaining a focus on timelines and budgets.
Risk Assessment: Assess the risk profile of new products and develop strategies to mitigate potential risks.
Team Leadership: Manage and mentor a team of product development professionals, providing guidance, support, and professional development opportunities.
Education and Experience:
15+ years of experience in the investment management industry, with a strong track record in product development.
Advanced degree, preferably an MBA or equivalent, in finance or a related field.
Demonstrated track record of innovation, project management, and ability to execute.
Strong industry relationships that will enable you to gather insights.
Deep understanding of ETFs, asset management, and investment strategies.
Knowledge, Skills and Abilities:
Strong strategic thinking and creative problem-solving skills.
Excellent project and process management skills, with a keen focus on execution.
Creativity and forward-looking thinking.
Exceptional communication and interpersonal skills to work effectively with diverse teams.
Proven leadership and team management experience.
Ability to navigate complex regulatory environments.
The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $185,000-$275,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.
Our Benefits:
Competitive pay and discretionary bonus
Paid time off
Health care benefits (medical, dental & vision)
Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
401(k) retirement plan with matching contribution
Spending Accounts (Health Care, Dependent Care, and Transportation)
Wellness Programs (fitness reimbursement, Employee Assistance Program)
Education assistance
Hybrid work schedule
Additional Programs include peer recognition, corporate matching gift
#J-18808-Ljbffr
ProShares now offers one of the largest lineups of ETFs, with more than $70 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
Position Summary:
We are seeking a highly experienced and visionary Senior Director of Product Development to lead our dynamic product development team. This is an opportunity for a seasoned executive to make a significant impact on the ETF industry through the introduction of new products that can play a meaningful role in helping investors achieve better risk-adjusted returns.
As the Senior Director of Product Development at ProShares, you will be a senior leader responsible for driving the development of new ETF products. You will oversee the entire product development process, from conceptualization to launch, and work closely with various internal stakeholders, including product management, legal, portfolio management, and portfolio operations, at each stage of the process. Your role will be instrumental in shaping the future of our ETF offerings and will require a collaborative approach in our team-based environment. This role reports to the Managing Director of Corporate Development, Strategy and Planning.
Essential Job Functions:
Product Strategy: Develop and execute a comprehensive product development strategy that aligns with the company's vision and market demand.
Idea Generation: Lead the development of innovative ETF product ideas, with particular emphasis on demonstrated first-hand experience understanding the unique needs of financial advisors and self-directed investors and designing products to suit those needs.
Cross-Functional Collaboration: Collaborate with internal teams, including product management, legal, portfolio management, and portfolio operations, to ensure a seamless and compliant product development process.
Innovation: Foster a culture of creativity and innovation within the product development team, encouraging fresh ideas and approaches.
Regulatory Oversight: Stay current with industry regulations and ensure that new ETF products adhere to all legal and compliance requirements.
Market Research: Stay informed about market trends, competitive products, and investor needs to inform product development decisions.
Project Management: Oversee and manage the entire product development process, from concept to launch, while maintaining a focus on timelines and budgets.
Risk Assessment: Assess the risk profile of new products and develop strategies to mitigate potential risks.
Team Leadership: Manage and mentor a team of product development professionals, providing guidance, support, and professional development opportunities.
Education and Experience:
15+ years of experience in the investment management industry, with a strong track record in product development.
Advanced degree, preferably an MBA or equivalent, in finance or a related field.
Demonstrated track record of innovation, project management, and ability to execute.
Strong industry relationships that will enable you to gather insights.
Deep understanding of ETFs, asset management, and investment strategies.
Knowledge, Skills and Abilities:
Strong strategic thinking and creative problem-solving skills.
Excellent project and process management skills, with a keen focus on execution.
Creativity and forward-looking thinking.
Exceptional communication and interpersonal skills to work effectively with diverse teams.
Proven leadership and team management experience.
Ability to navigate complex regulatory environments.
The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $185,000-$275,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.
Our Benefits:
Competitive pay and discretionary bonus
Paid time off
Health care benefits (medical, dental & vision)
Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
401(k) retirement plan with matching contribution
Spending Accounts (Health Care, Dependent Care, and Transportation)
Wellness Programs (fitness reimbursement, Employee Assistance Program)
Education assistance
Hybrid work schedule
Additional Programs include peer recognition, corporate matching gift
#J-18808-Ljbffr