Vice President Product Management
$200k - $250k
Expert
Bachelor's
Remote in USA
Remote
ProductProduct Management
About the job
Requirements
- At least 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, including sleeves, overlay management, trading discretion at account versus sleeve level, rebalancing engines, tax transition and tax-loss harvesting, and composite performance attribution.
- Ability to translate complex investment operations concepts into product requirements and user experiences for internal Portfolio Managers and external sponsor and wealth management clients.
- Experience delivering platform capabilities to a wealth management or broker-dealer, registered investment advisor, or turnkey asset management program audience, ideally with exposure to multi-manager or model marketplace distribution.
- 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, and account management to understand product requirements and launch new products.
- Bachelor's degree.
- Comfort presenting to clients, prospects, and senior internal stakeholders.
Responsibilities
- Own product strategy, vision, and roadmap for unified managed account, separately managed account, and multi-sleeve portfolio construction, overlay trading, and rebalancing capabilities across the VAST platform.
- Translate Portfolio Management operating realities—including trading discretion, sleeve versus account-level rebalancing, cash coordination across sleeves, tax overlay management, and composite/performance attribution—into clear, prioritized product requirements.
- Serve as the internal subject-matter authority on unified managed account structures, including sleeves, base sleeves, overlay managers, manager-traded sleeves, flexible/custom models, and their intersection with household-level asset location rebalancing.
- Partner with engineering and design to architect scalable solutions for large wirehouse and broker-dealer unified managed account programs and asset manager and overlay manager workflows.
- Work 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 relationship with the Advisory Solutions organization so the roadmap reflects the needs of its Portfolio Management team and can serve as a proving ground for the broader wealth channel.
- Define and prioritize the product-area backlog, balancing strategic platform investments with client-specific and regulatory-driven commitments.
- Represent Vestmark's unified managed account and portfolio management capabilities in client and prospect conversations, requests for proposals, and executive business reviews.
- Partner with Sales, Relationship Management, and Client Delivery to support client adoption and scaling on the platform.
- Monitor 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 the organization's core values.
Desired Qualifications
- CFA, CIMA, or a similar investment credential.
- Familiarity with optimization and rebalancing tools such as Northfield and BARRA/Axioma and their use in sleeve-level and household-level trading decisions.
- Experience owning product for platforms integrating portfolio optimization engines such as Northfield or Barra into automated, rules-based trading and rebalancing workflows.
- Background at a wirehouse, broker-dealer, registered investment advisor aggregator, turnkey asset management program, or asset manager delivering tax-managed investment solutions.
About the company
Vestmark provides portfolio management and trading software as a service for wealth management and financial services. Its main product, VestmarkONE, helps broker-dealers, investment managers, bank trusts, and financial advisors manage personalized, multi-asset portfolios by combining portfolio construction, advanced trading, rebalancing, tax-aware trading, compliance, risk management, and automated reconciliation in a single platform. Clients subscribe to the SaaS platform and receive ongoing updates, allowing them to scale operations and improve efficiency. Vestmark differentiates itself through an integrated, middle- and back-office focus designed to streamline processing, custody, and compliance workflows for financial institutions, backed by over seventeen years of experience. The company's goal is to help clients operate more efficiently, reach new audiences, and deliver better outcomes for investors by providing a stable, scalable technology stack that supports growth.
Company Size
201-500
Company Stage
Series B
Total Funding
$40.3M
Headquarters
Wakefield, Massachusetts
Founded
2001
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Simplify's Take
What believers are saying
- September 9, 2026 Envestnet acquisition adds capital, distribution, and cross-sell into $8 trillion assets.
- June 30, 2026 CARD and May 2026 Pulse show accelerating AI investment and launches.
- Vanguard's August 2026 partnership expands credibility with RIAs demanding customizable model portfolios.
What critics are saying
- Envestnet's Q4 2026 acquisition can stall Vestmark roadmaps and distract engineers.
- Tamarac, Orion, and Black Diamond attack Vestmark's core platform economics with bundled workflows.
- If Envestnet integration fails, Vestmark loses autonomy and becomes a product inside a larger stack.
What makes Vestmark unique
- VestmarkONE runs trading, rebalancing, tax transitions, and compliance across five million accounts.
- Vanguard chose Vestmark for Custom Model Portfolios, validating its institutional portfolio workflow stack.
- Vestmark Pulse embeds AI directly into advisor workflows, not as a separate analytics layer.
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Benefits
- Medical, Dental, and Vision - Vestmark pays 90% of our employees’ medical and dental coverage which are administered through Blue Cross Blue Shield (BCBS) along with Eyemed for vision.
- Vestmark 100% Paid Benefits - Vestmark is proud to offer maternity and parental leave, Life, Short-Term and Long Term Disability Benefits at no cost to the employee, and Employee Assistance Program and work-life benefits.
- Generous PTO - Vestmark employees receive between 15 and 25 days per year of paid time off based on years of service in addition to receiving 10 days per year of paid sick leave.
- Diversity - At Vestmark, we strive to create an inclusive workplace that fosters, embraces and celebrates diversity and fairness. We continue to build a comprehensive culture where all employees are Welcomed, Valued, Respected and Heard.
- Flexible Spending Account (FSA) - Vestmark employees can contribute annually to health care and dependent care FSAs and participate in our employer-matched HSA program.
- 401(k) with Employer Matching - Vestmark will match the employee’s 401(k) and ROTH contribution up to 50% of the first 8% per pay period with a two-year vesting component.
- Company Equity - Vestmark also offers additional compensation in the form of Restricted Stock Units (RSUs). Our RSUs are issued through a vesting and distribution schedule after achieving required milestones.
- Match Charitable Contributions - Vestmark is very proud of our Charitable Giving Program. We will match up to $250 annually to an approved charity of our employee's choice.
- Stay Fit - Exercise your mind and your body with our on-site gym located at our Wakefield, MA headquarters. If you can't take advantage of our corporate gym, our Blue Cross Blue Shield plan offers fitness reimbursement.
- Pet Insurance - Employees may choose to enroll in pet insurance at a discounted rate.