Product Owner, Institutional

10500 WMC Wellington Management Company LLP; Boston (MA); On-site; USD 120,000 - 225,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing benefits

Dental coverage

Vision coverage

Commuter program

Job summary

Wellington Management Co in Boston seeks a Product Owner, Institutional, to define and drive Institutional business outcomes by translating Client Platform strategy into prioritized initiatives. You will lead discovery, gather requirements, and guide delivery with technology partners to ensure measurable value across the Institutional channel globally.

Responsibilities include aligning stakeholders, managing cross-product dependencies, and driving adoption of capabilities with a focus on risk,

Qualifications

• Experience 10+ years of experience in product ownership, product management, business analysis, or a related role within asset management, financial services, or another complex regulated environment.
• Experience defining strategy, requirements, priorities, and success measures across complex products, platforms, or workflows.
• Demonstrated ability to lead discovery, translate business needs into recommendations, influence decisions, and drive measurable outcomes across teams and products.
• Experience partnering with engineering, design, data, operations, risk, compliance, and business stakeholders in iterative delivery environments.
• Working knowledge of technology, data, automation, and AI, with judgment to apply them appropriately in a regulated environment.
• Demonstrated experience relevant to: Institutional segment strategy and priorities; Cross-product Institutional journey design; Institutional requirements and trade-off decisions; Institutional adoption and end-to-end segment outcomes.
• Leadership Competencies Strong product judgment and outcome orientation, with the ability to operate effectively in ambiguity and make evidence-based recommendations.

Responsibilities

• Define Institutional vision, strategy, and prioritization aligned with Client Platform strategy and operating model.
• Translate priorities into roadmaps and investment decisions across Client Platform products.
• Lead discovery, define requirements and acceptance criteria for Institutional initiatives.
• Partner with horizontal Product Owners to translate Institutional priorities into investments and measurable outcomes.
• Own Institutional requirements and adoption metrics across discovery and delivery.
• Identify cross-product dependencies, risks, and trade-offs and coordinate resolutions.

Skills

Institutional product ownership

Strategy translation

Stakeholder management

Cross-functional collaboration

Discovery & delivery

Job description

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

The Product Owner, Institutional, defines Institutional business outcomes translates Client Platform strategy and the target operating model into Institutional priorities and desired outcomes. The Product Owner leads continuous discovery and recommends investment and delivery priorities based on stakeholder needs, business value, risk, and strategic objectives. Technology partners are accountable for how solutions are designed, built, supported, and sustained. The Institutional Product Owner is accountable for Institutional business priorities, requirements, outcomes, and strategy as well as driving adoption of capabilities built for the Institutional channel globally. Horizontal Product Owners remain accountable for product roadmaps, backlogs, delivery execution, and technical implementation.

RESPONSIBILITIES

• Product Vision, Strategy & Prioritization Define and evolve an Institutional experience vision and strategic priorities aligned with Client Platform strategy and the target operating model. Establish objectives, success measures, and decision principles that clarify priorities and trade-offs. Translate Institutional priorities into business recommendations that inform roadmap, sequencing, and investment decisions across Client Platform products. Assess cross-product, platform, data, and operating-model implications and coordinate decisions affecting shared capabilities and journeys. Recommend priorities, trade-offs, and investment opportunities based on Institutional outcomes, stakeholder needs, risk, and expected value. Align business stakeholders and technology partners on future-state capabilities and workflows.
• Stakeholder Management & Adoption Serve as the primary representative for Institutional stakeholders and priorities across Client Platform products. Build alignment among Institutional stakeholders, Product Owners, and platform leadership. Drive stakeholder readiness, adoption, and realization of business value. Coordinate cross-functional activities required to support successful implementation and adoption.
• Institutional Requirements, Product Partnership & Delivery Lead Institutional discovery and define business priorities, requirements, acceptance criteria, and expected outcomes. Establish and communicate Institutional priorities across products, making recommendations when stakeholder needs, investment opportunities, or delivery objectives compete. Partner with horizontal Product Owners to translate Institutional priorities into product investments, delivery plans, and measurable business outcomes. Own Institutional business requirements, stakeholder impacts, and intended outcomes throughout discovery and delivery. Surface cross-product dependencies, risks, constraints, and trade-offs; resolve them with accountable owners or elevate unresolved issues. Evaluate outcomes, adoption, and experience performance to recommend future improvements and investment priorities.
• Workflow Transformation & Experience Design Define future-state Institutional workflows and experiences aligned with Client Platform strategy. Identify cross-product workflow gaps, dependencies, and opportunities to improve efficiency, scalability, consistency, and user experience. Partner with Product Owners, technology teams, and business stakeholders to evaluate and implement process, data, technology automation, and AI-enabled improvements. Define success measures and evaluate whether implemented changes achieve intended business outcomes.

WHAT SUCCESS LOOKS LIKE

Institutional priorities consistently influence product investment and prioritization decisions. Institutional experiences become more coordinated across acquisition, onboarding, servicing, reporting, governance, and relationship management activities. Cross-product gaps, duplication, and friction points are identified and resolved before they negatively impact client or employee experiences. Institutional business outcomes improve through coordinated execution across multiple Client Platform products. Institutional priorities, requirements, and experience strategy provide a consistent basis for cross-product decision-making.

QUALIFICATIONS

• Experience 10+ years of experience in product ownership, product management, business analysis, or a related role within asset management, financial services, or another complex regulated environment.
• Experience defining strategy, requirements, priorities, and success measures across complex products, platforms, or workflows.
• Demonstrated ability to lead discovery, translate business needs into recommendations, influence decisions, and drive measurable outcomes across teams and products.
• Experience partnering with engineering, design, data, operations, risk, compliance, and business stakeholders in iterative delivery environments.
• Working knowledge of technology, data, automation, and AI, with judgment to apply them appropriately in a regulated environment.
• Demonstrated experience relevant to: Institutional segment strategy and priorities; Cross-product Institutional journey design; Institutional requirements and trade-off decisions; Institutional adoption and end-to-end segment outcomes.
• Leadership Competencies Strong product judgment and outcome orientation, with the ability to operate effectively in ambiguity and make evidence-based recommendations. Ability to influence prioritization, navigate trade-offs, and build alignment across senior stakeholders with competing priorities. Strong business leadership, stakeholder management, and communication skills in a matrixed and cross-functional environment. Ability to balance strategic thinking, user experience, technology, risk, and execution considerations when shaping business and product decisions.

JOB TITLE

Product Owner, Institutional

JOB FAMILY

LOCATION 280 Congress

Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds. As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [e-mail].

Our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is: USD 120,000 - 225,000 This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process. Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.

Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time). We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management.

We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise. We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

For more information, please visit https://www.wellington.com/en/