VP, Product Management
Company: ProShares
Location: Bethesda
Posted on: April 1, 2026
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Job Description:
VP, Product Management About Us: ProShares has been at the
forefront of the ETF revolution since 2006. ProShares now offers
one of the largest lineups of ETFs, with over $90 billion in
assets. The company is a leader in strategies such as
crypto-linked, dividend growth, interest rate hedged bond and
geared (leveraged and inverse) ETF investing. ProShares continues
to innovate with products that provide strategic and tactical
opportunities for investors to manage risk and enhance returns.
Position Summary: The VP, ETF Product Management will be
responsible for the successful guidance of the complete life cycle
of many of the firm’s products. This function acts as the “hub” for
informing and implementing product strategy (including positioning,
branding, pricing and efficient distribution support), analyzing
market conditions, identifying gaps and opportunities to enhance
and position products to maximize the competitive advantages.
Essential Job Functions [1] : Drive commercial success throughout
the product lifecycle, including promotional planning, product
launches, ongoing support, and potential rationalization. Product
Positioning: Own strategic product messaging and positioning,
including product features, client benefits, investment merit, and
competitive differentiation for the target client. Business
Planning : Build the business case for product initiatives and
campaigns from senior stakeholders with clear and concise business
rationale and data. Product Planning and Promotion: Drive the
execution of cross-functional product support initiatives and
campaigns in coordination with sales, marketing, and investment
strategy, and ensure all contributors are accountable for their
deliverables, and escalate, when necessary, to meet milestones.
Product Quality and Enhancements : Create regular processes for
monitoring product performance and execute on all product
enhancements, such as index changes, share price splits, sales and
marketing program adjustments, and other changes that impact
product quality and communicate the status of initiatives to senior
management and internal partners. Research and Analytics : Create
an integrated view of product and competitive opportunities, based
on analyses of fund flows and performance, client feedback,
competitive intelligence, investment trends, and industry
developments. Stay abreast of competitive product information
specific to both competitors and sponsor programs. Identify
significant product launch, development, or repositioning
initiatives and present actionable business plan opportunities in
response. Develop recommendations on product gaps, marketing
themes, and competitive campaigns. Product Rationalization :
Monitor fund data and recommend rationalization as needed.
Continually evaluate the relevance of the existing product set,
with a particular focus on positioning, pricing, and efficient
support of distribution. Execute on process for rationalization in
partnership with internal and external stakeholders with a focus on
both profitability and firm reputation and brand. Education and
Experience: At least 5 years of total experience with relevant work
experience in the investment management industry, with experience
in project management within a distribution organization.
Experience with ‘40 Act products, including exchange traded funds
and mutual funds. Outstanding project management skills, including
the ability to manage complex business processes through influence
when all the resources necessary for a successful outcome are not
directly under the individual’s control. A track record of
execution success is a key attribute. Experience in product,
including product development, product launches, product life cycle
management and consolidations. Experience in strategy or corporate
development, particularly related to distribution efforts.
Experience in a project management role, in a retail distribution
group. Track record of development and execution of distribution
plans including sales and marketing initiatives. Proven track
record of commercial success, including the ability bring a
business mindset to complex issues around opportunity cost
tradeoffs and an understanding of product profitability in
competitive resource allocation environments, both external with
competitors and internally within a multi-line business. Knowledge,
Skills and Abilities: Possession of a blend of quantitative and
interpersonal skills, with an evidenced ability to communicate
effectively (both orally and written) to senior management and
experienced investment professionals. Strong conceptual, cognitive,
and analytical skills, probably exemplified through an outstanding
academic background with an advanced degree in finance or business,
such as an MBA, or a professional designation such as a CFA.
Self-starter with a team-orientation, combined with a proven
ability to manage projects across cross-functional teams under
demanding deadlines. Results-orientation with attention to detail.
Proficiency in multiple investment and database software packages
(e.g. FactSet, eVestment Alliance, Zephyr, Callan PEP, Pertrac).
Proficiency in Microsoft Office, particularly in Excel and
PowerPoint, including the ability to develop professional
presentations and analysis. The compensation for this position
includes salary and incentive pay. The annual base salary range for
this role is $100,000-$150,000 (USD), which does not include
discretionary bonus compensation. Total compensation may vary based
on experience, role, location, department, and individual
performance. Our Benefits: Competitive pay and discretionary bonus
Paid time off Health care benefits (medical, dental & vision)
Additional insurance includes basic life, accidental death and
dismemberment, supplemental life, disability and legal benefit
401(k) retirement plan with matching contribution Spending Accounts
(Health Care, Dependent Care, and Transportation) Wellness Programs
(fitness reimbursement, Employee Assistance Program) Education
assistance Hybrid work schedule Additional Programs include peer
recognition, corporate matching gift [1] These statements are
intended to describe the general nature and level of work involved
for this job. It is not an exhaustive list of all responsibilities,
duties and skills required of this job. To perform this job
successfully, an individual must be able to perform each essential
duty satisfactorily. Reasonable accommodations may be made to
enable individuals with disabilities to perform the essential
functions . Additional privacy information for CA residents EOE
STATEMENT ProShare Advisors LLC and its affiliates are equal
opportunity employers and do not discriminate against otherwise
qualified applicants on the basis of age, race, color, religion,
creed, sex (including pregnancy, childbirth, or related medical
conditions), marital or family status, national origin, ancestry,
physical or mental disability, mental condition, veteran status,
sexual orientation, gender identity, genetic information, or any
other characteristic protected by applicable law.
Keywords: ProShares, Sterling , VP, Product Management, Accounting, Auditing , Bethesda, Virginia