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Full-Time

Product Manager

Platform Investment Products, Assistant Vice President

Posted on 9/19/2024

iCapital Network

iCapital Network

1,001-5,000 employees

Connects advisors with alternative investment opportunities

Financial Services
Fintech

Compensation Overview

$120k - $150kAnnually

+ Equity + Bonus

Mid

New York, NY, USA

Employees must work in the office four days a week, with one day of remote flexibility.

Category
Product Management
Product
Required Skills
Agile
Sales
Communications
Management
Marketing
Requirements
  • Minimum of 3 years of experience in product management, preferably within fintech, wealth management, or related industries.
  • A willingness and initiative to become an expert in the alternative investments space, understanding both the product intricacies and wider industry to drive informed decision making and product leadership.
  • Demonstrated ability to work collaboratively in a results-driven, entrepreneurial environment.
  • Strong analytical skills, with a proven track record of solving complex, unfamiliar problems through innovative solutions.
  • Experience with agile methodologies and a mindset that embraces quick deployment, learning, and iteration.
  • Excellent communication skills, with the ability to develop clear and effective project communication plans.
  • A customer-centric approach, with experience engaging directly with clients to gather insights and feedback.
  • Technical acumen, comfortable working closely with engineering teams to solve problems and complete projects.
  • Detail-oriented, with the ability to write comprehensive user stories and acceptance criteria.
  • Flexible and adaptable, able to manage multiple priorities and adjust to changing demands and timelines.
  • Desire to grow and take on increasing responsibilities within a rapidly expanding company.
Responsibilities
  • Engage with wealth management firms, financial advisors, structured/alternative investments issuers, and wholesalers to identify gaps in the market and propose innovative solutions to address unmet needs in the annuities industry.
  • Define product requirements by writing detailed user stories and acceptance criteria for software engineers.
  • Lead the end-to-end lifecycle of product feature development from conception to launch, including testing and iteration.
  • Embrace a fast-paced, agile development environment, deploying quickly to learn and iterate based on feedback.
  • Own the product roadmap for specific features or segments of the platform, determining prioritization and ensuring that deliverables are met on time and within scope.
  • Communicate effectively with business stakeholders to gather requirements, provide updates, and align product vision and strategy.
  • Develop and maintain comprehensive project communication plans, ensuring transparency and alignment across teams such as sales, marketing, engineering, and other product lines.
  • Investigate bugs and, when appropriate, identify tactical solutions to production issues impacting users.
  • Monitor the performance of product features post-launch and continuously seek opportunities for improvement.
  • Foster a culture of excellence and continuous learning within the team to maintain high standards of work, product quality, and communication.

iCapital Network connects financial advisors with high net worth investors to provide access to alternative investment opportunities, such as private equity, hedge funds, and real estate. Their platform simplifies the investment process, making it easier for affluent clients to diversify their portfolios and seek higher returns. iCapital offers a comprehensive solution that includes access to curated investment options, educational resources, and support services. They generate revenue through various fees based on the assets managed or invested through their platform. What sets iCapital apart from competitors is their focus on delivering a seamless user experience and a strong emphasis on educating clients about the risks and benefits of alternative investments.

Company Stage

Series C

Total Funding

$717.3M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

17%

1 year growth

26%

2 year growth

45%
Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnerships with firms like Blue Owl Capital, Endowus, and Ardian expand iCapital's reach and enhance its service offerings.
  • The acquisition of Mirador and the exclusive partnership with Unicorn Strategic Partners demonstrate iCapital's commitment to growth and market penetration.
  • iCapital's focus on user experience and seamless navigation of the alternative investment landscape ensures high client satisfaction and retention.

What critics are saying

  • The niche focus on alternative investments may limit iCapital's market appeal compared to more diversified financial service providers.
  • Integration challenges from acquisitions and partnerships could disrupt operations and affect service quality.

What makes iCapital Network unique

  • iCapital Network specializes in alternative investments, providing a curated selection of private equity, hedge funds, and real estate opportunities, unlike traditional financial service providers.
  • Their platform simplifies the complex process of investing in alternatives, making it more accessible and efficient for high net worth individuals and their advisors.
  • iCapital's strong emphasis on education and comprehensive support helps clients understand the benefits and risks associated with alternative investments, setting them apart from competitors.

Benefits

COmprehensive benefits package - Salary, Equity, Annual Performance Bonus, Employer Matched Retirement Plan

Generally Subsidized Healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling

Unlimited PTO

Parental Leave

INACTIVE