Senior Product Owner, DriveWealth
Regulatory
$180-200k
More information about location
Cloud-based, API-driven brokerage infrastructure
Open for applications
Cloud-based, API-driven brokerage infrastructure
201-500 employees
Open for applications
$180-200k
More information about location
201-500 employees
Company mission
To make investing accessible to anyone, anywhere.
Role
Who you are
- Product leadership skills with knowledge of US SEC and FINRA regulatory reporting regulations including, but not limited to, Consolidated Audit Trail (CAT) and SEC Rules 605 & 606
- Experience to develop and implement supervisory controls for compliance with SEC and FINRA rules and regulations, including but not limited to Regulation NMS, Regulation SHO, and Trade Reporting obligations (TRF)
- Proven ability to design, implement and operate retail and/or institutional brokerage capabilities
- An ability to roll up your sleeves, lead from the front and act as a ‘player/coach’ to drive change across the organization and influence key stakeholders
- A comfort to navigate customer and trade lifecycle systems and workflows
- An ability to oversee and communicate across a cross-functional team in a matrixed environment
- A sense to filter through ambiguity and complexity and keep the core team focused on defined priorities and workstreams
- A track record of successful engagement with external counterparts in the brokerage industry, including partners (broker-dealer, retail or institutional), regulators, exchanges, clearing firms
- An embodiment of DriveWealth’s Operating Principles includes accountability, teamwork, transparency, urgency, and integrity
- FINRA Series SIE, 7 & 4 registrations, or a commitment to acquire within the first year of employment at DriveWealth (with support from your Manager)
- Must be in the NY office several days per week
What the job involves
- Our Product Managers help bring our mission to life through the design, build, implementation, and iteration of tools that power financial independence
- You will lead our regulatory initiatives, owning key delivery milestones and goals centered on product improvement and expansion
- Take full ownership and accountability for the regulatory product portfolio
- Collaborate with the compliance team and external regulatory agencies to ensure that our solutions meet all regulatory obligations for partners worldwide
- Lead the end-to-end definition, delivery and go-to-market deliverables for the initiatives you lead
- Identify and deliver capabilities at scale ahead of growth plans
- Streamline and automate processes to improve time to market for regulatory and business change initiatives
- Apply your prior platform and process design expertise to adopt requirements across functions (trading, middle office, operations, data)
- Manage third-party relationships in support of our regulatory offering, including partners, regulators, and technology vendors
- Navigate big data across the platform and with our partners and deliver capabilities that focus on data normalization, accessibility, and record-keeping requirements
- Identify, track, and analyze key performance metrics that illustrate the performance and effectiveness of your products
- Partner with our project managers, engineering team, and other product owners to deliver best-in-class solutions
Our take
Robo-advisory products and fractional share trading have expanded the investment industry's reach, attracting a broader audience than ever before. This shift has necessitated a redesign of the fintech industry's infrastructure to support the growing demand for accessible and efficient investment options.
DriveWealth plays a pivotal role in this transformation by developing APIs that serve over 100 global fintechs, challenger banks, and digital wallets. Its infrastructure enables seamless robo-advisory services and fractional share trading, giving retail investors access to the US markets and offering innovative stock reward programs. Among its partners are notable companies like Revolut, MoneyLion, and Hemista.
As the company continues to grow, it remains focused on scaling its business by enhancing its technology stack, pursuing strategic acquisitions, and expanding its team. And is well on its way to its ultimate goal of providing tools that empower companies to create investment products that are both accessible and convenient for everyone.
Kirsty
Company Specialist
Insights
Few candidates hear
back within 2 weeks
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2021
$450m
SERIES D
Oct 2020
$56.7m
SERIES C
Total funding: $552.8m
Company benefits
- Health & wellness packages: We’ve built our benefits offering as a holistic package. We provide multiple health insurance carrier options and plans (medical, dental, vision) with access to HSA and/or FSA tax savings tools. We also provide income protection including life insurance, AD&D, short- and long-term disability, as well as extended coverage resources such as fertility benefits and mental wellness resources
- Vacation & time off: To build a successful organization, employees need time away to rest and recharge, so we provide paid time off including paid holidays and unlimited vacation time. We also strongly believe in work-life balance and, therefore, offer fully remote and hybrid work positions based on role requirements
- Professional developmnet: We believe one of the greatest contributions we can make is investing in our employees’ professional development. Therefore, we offer financial support toward continuing education courses, academic coursework, professional conferences, earning professional certifications, and membership fees to professional organizations
Company HQ
Colgate Center, Jersey City, NJ
Articles
Leadership
Robert S. Cortright
(Founder)Co-founded FX Solutions (acquired by Francisco Partners) in 2001 and served as CEo for 9 years. They also co-founded En-to-End Technology Projects in 2008.
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