BE PART OF A BANK LIKE NO OTHER.

When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description

SVB Private Bank and Wealth Advisory serves the needs of individuals who are part of the Innovation sector of the U.S. economy. This includes founders, venture capital and private equity professionals, as well as C-level executives from all the businesses SVB serves nationwide. SVB is uniquely positioned with access to the key players in the industry. We seek to help streamline their lives with a strong product set, intense knowledge of their industries, capable and caring relationship managers and a high level of customer service. The Private Bank is experiencing substantial growth and the Wealth Products Team is seeking a talented Product Manager to execute on a multi-year growth strategy.Key responsibilities will be centered around new and existing managed and brokerage investment solutions and platforms.Reporting directly to the Managing Director, Wealth Products, this role will drive critical strategic results in Wealth Management and be a key driver in our mission for optimal performance and accelerated growth of SVB's Private Bank.The ideal candidate for this role will possess a very strong background in wealth management solutions and investment platforms.

The Wealth Product Manager will be responsible for the full life-cycle of product management, including product strategy, product design, assessing client needs and client journeys, pricing, profitability assessment, defining and reporting KPIs for continuous product and service improvement, marketing and sales management coordination, etc. Private Capital Markets solutions and services will be an ongoing focus in this role.

This job will also closely work with the Chief Investment Officer, Head of Capital Markets, as well as the Managing Director of Investment Operations regarding business management responsibilities, including business case and value proposition definition, change management, internal communications, monitoring and reporting pipeline trends, forecasting, risk management and regulatory compliance.

This job requires the ability to partner and lead across functional groups, timely and clear communication for senior leadership audiences (story telling with data-driven insights), working independently with a collaborative engagement approach are keys to success in this role.

Additional responsibilities to consider include:

• Collaborate closely with Wealth Products lead and Head of Capital Markets to refine and deliver on expansion of SVB Private Broker-Dealer business model, especially in Private Capital Markets
  
  


• Partner with technology, marketing, sales, operations, legal, risk and compliance to execute against strategic vision.
  
  


• Work closely with relationship management, client service teams and other key stakeholders to understand needs and pain points as well as emerging competitive trends
  
  


• Partner with risk, legal, compliance and other stakeholders to ensure that all material risks are identified and mitigated appropriately as part of the product development process or managing existing products, services, and platforms
  
  


• Maintain product level financial models in close coordination with Treasury and Finance partners to provide transparency into product profitability, impact of product and pricing changes, etc.
  
  


• Stay close to competitors & competitive trends and bring insights to the team and to SVB Private
  
  

Minimum 7-10 year work experience in wealth management (product management, product development, capital markets, business management, portfolio management, trading, alternatives distribution are preferred areas)

Technically proficient and able to work with data to produce business cases, financial models in conjunction with Finance, profitability assessments, market analysis, insights and recommendations; an ability to represent these visually in a clear and concise way

MBA is preferred but not required

Experience launching new financial products

Work experience in Wealth Management, Fintech in private markets, Investment Banking or Management Consulting

An independent style of working, entrepreneurial mindset, great ambition and professionalism

Ability to solve problems and navigate complexity in a fast-paced, constantly evolving, and often ambiguous environment

Certifications:

• SIE, Series 7 and S63 & S65 or Combo S66 licenses preferred
  
  

#Hybrid

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Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.