Note: The job is a remote job and is open to candidates in USA. Vestmark is a financial technology company providing wealth management and portfolio management solutions, including its VAST direct indexing and tax-aware portfolio management platform. The VP, Product Management will own the strategy and roadmap for UMA, SMA, multi-sleeve portfolio construction, overlay trading, and rebalancing capabilities, partnering with engineering, clients, portfolio managers, and business teams to deliver scalable solutions.
Responsibilities
- Own the product strategy, vision, and roadmap for UMA, SMA, and multi-sleeve portfolio construction, overlay trading, and rebalancing capabilities across the VAST platform
- Translate the operational realities of Portfolio Management — trading discretion, sleeve vs. account-level rebalancing, cash coordination across sleeves, tax overlay management, composite/performance attribution — into clear, prioritized product requirements
- Act as the internal subject-matter authority on UMA structures (sleeves, base sleeves, overlay managers, manager-traded sleeves, flexible/custom models) and how they intersect with household-level asset location rebalancing
- Partner with engineering and design to architect scalable solutions that serve both large wirehouse/broker-dealer UMA programs and asset manager/overlay manager workflows
- Work directly with Portfolio Managers, overlay managers, and asset manager partners (both internal at VAS and external sponsor-side clients) to gather requirements and validate solutions before and after delivery
- Maintain a strong relationship with the Advisory Solutions (VAS) organization, ensuring the product roadmap reflects the needs of Vestmark's own Portfolio Management team as a proving ground for the broader wealth channel
- Define and prioritize the backlog for your product area, balancing strategic platform investments against client-specific and regulatory-driven commitments
- Represent Vestmark's UMA and portfolio management capabilities in client and prospect conversations, RFPs, and executive business reviews
- Partner with Sales, Relationship Management, and Client Delivery to ensure new and existing wealth management clients can successfully adopt and scale on the platform
- Stay current on industry trends in managed accounts, direct indexing, tax management, and multi-manager portfolio construction, and translate them into platform investment decisions
- Contribute to the growth and development of our core values: We Before Me, Positive Energy, Knowledge Explorer, and Own It
Skills
- 10+ years of experience in product management, portfolio management, or investment technology roles within the wealth management or asset management industry
- Deep understanding of managed account concepts: sleeves, overlay management, trading discretion (account vs. sleeve level), rebalancing engines, tax transition/tax-loss harvesting, and composite performance attribution
- Proven ability to translate complex investment operations concepts into product requirements and user experiences for both internal Portfolio Managers and external sponsor/wealth management clients
- Experience delivering platform capabilities to a wealth management or broker-dealer/RIA/TAMP audience (the 'wealth channel'), ideally including exposure to multi-manager or model marketplace distribution
- Strong track record partnering with engineering and design teams to ship complex, scalable financial technology solutions. Ability to work with cross-functional teams including service, marketing, sales, account management to understand product requirements and launch new products
- Excellent communication and executive presence; comfortable presenting to clients, prospects, and senior internal stakeholders
- Bachelor's degree required; CFA, CIMA, or similar investment credential a plus
- Familiarity with optimization and rebalancing tools (e.g., Northfield, BARRA/Axioma) and how they inform sleeve-level and household-level trading decisions
- Experience owning product for platforms that integrate portfolio optimization engines (e.g., Northfield, Barra, or similar) into automated, rules-based trading and rebalancing workflows
- Background at a wirehouse, broker-dealer, RIA aggregator, TAMP, or an asset manager delivering tax-managed investment solutions
Benefits
- Company-paid medical premiums of 90%
- A competitive time-off program
- Other variable compensation, if eligible
Company Overview
Company H1B Sponsorship