Senior Product Manager - Alternative Investments

Senior Product Manager

The Senior Product Manager holds the responsibility for designing, developing, and overseeing activities related to a specific product or a group of products within the Clearwater system. This oversight encompasses everything from defining the product and planning its development to production and go-to-market strategies. The Product Manager is tasked with crafting the product roadmap necessary to achieve bookings, client NPS, and gross margin targets associated with their component.

To facilitate organic growth, the Product Manager collaborates with internal stakeholders, clients, and prospects to identify new product capability requirements. They maintain close collaboration with their development teams to ensure the successful creation and introduction of these new capabilities to the market. Furthermore, the Product Manager takes charge of testing and implementing these fresh features with clients and actively promotes future growth to a broader audience of Clearwater clients and prospects.

Responsibilities:

• Team Leadership: Lead a team of 8-15 developers, providing guidance and support while participating in knowledge-sharing and training initiatives to foster team effectiveness.

• Product Ownership: Own the product within the Clearwater system; responsible for the entire lifecycle from ideation to market launch.

• Backlog Management: Prioritize and manage the product backlog, ensuring alignment with business goals and stakeholder expectations.

• Requirement Definition: Define clear and comprehensive requirements for feature development, with occasional support from the lead.

• Collaboration: Work closely with development teams on the design and building of new features, ensuring they meet client needs and market demands.

• Roadmap Creation: Develop and communicate the product roadmap, setting strategic direction for future enhancements and features.

• Stakeholder Communication: Maintain regular communication with stakeholders regarding product updates, roadmap progress, and functionality releases.

• Client Engagement: Actively engage with clients to understand their use cases and future needs, translating insights into actionable product enhancements.

• Success Measurement: Measure and analyze the success of new feature releases, using data-driven insights to inform future product decisions.

• Subject Matter Expertise: Act as a subject matter expert in alternative investments, providing insights and support to the sales team and contributing to product strategy.

• Employee Engagement: Participate in large-scale initiatives aimed at promoting employee retention or engagement, contributing to a positive workplace culture.

• Process Improvement: Teach and guide other teams towards effective processes and best practices to enhance overall productivity and collaboration.

Required Skills:

• Strong analytical skills with the ability to problem-solve effectively in ambiguous situations.

• Proven ability to collaborate across various organizational functions, including sales, product management, operations, and technology.

• In-depth knowledge of Private Markets, Private Equity, or Private Credit and a solid understanding of the financial services landscape.

• Proficiency in Microsoft Office and strong computer skills.

• Exceptional attention to detail, organizational skills, and documentation abilities.

• Outstanding verbal and written communication skills, with the ability to convey complex concepts clearly.

• Strong interpersonal skills, demonstrating the ability to influence and engage stakeholders.

• Exceptional problem-solving capabilities, particularly in a fast-paced environment.

• Familiarity with Generative AI and agentic AI technologies.

Education and Experience:

• Bachelor's or Master’s degree in Engineering, Finance, or a related field.

• Minimum of 7+ years of relevant experience in product management or related roles.

• At least 4+ years of professional experience in Investment Management, Operations, or Accounting.

• Demonstrated experience in client engagement, with a focus on understanding and addressing client needs.

• Proven experience in data visualization and analytics.

• Experience in writing business requirements for a financial technology product or service.

• Prior experience delivering presentations to clients and internal stakeholders.

• Knowledge of Alternative Investments, including Private Equity, Limited Partnerships, Mortgage Loans, Bank Loans, or Derivatives.

Apply Now: If you are passionate about driving product innovation in the Alternatives Investments space, new technologies such as agentic AI, and have the experience and skills outlined above, we invite you to apply for this exciting opportunity. Join us at Clearwater in shaping the future of investment management products!

Experience Level

Senior Level