VP, Funds & Partner Strategy, Wealth Management
$5,250 per monthBenefitfocus
Together we fight for everyone’s opportunity for a better financial future.We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage –Apply NowProfile SummaryThe VP, Funds & Partner Strategy, Wealth Management is responsible for defining and executing the strategic vision for Voya's Retirement and Wealth Management investment funds ecosystem, and strategic partner relationships. This role provides executive leadership for Retirement and Wealth Management products, including Voya Financial Advisors (VFA), third-party investment products, managed account solutions, mutual funds, ETFs, advisory platforms, and related investment solutions.The position serves as the primary leader responsible for third party investment partners strategy, funds management, partner governance, and commercial relationships across Wealth Management. The role drives platform economics, and long-term business growth through effective management of strategic investment partners and platform optimization.Working closely with Wealth Management, Retirement, Distribution, Investment Management, Finance, Operations, Technology, Compliance, and external asset management firms, this leader ensures Voya maintains a market-leading investment platform that delivers value for advisors, clients, and shareholders.Responsibilities:Strategic Partnerships & Asset Manager RelationshipsLead and oversee all Wealth Management product partner relationships, including asset managers, mutual fund companies, sub-advisors, platform providers, custodians, strategic distribution partners, and investment solution providers.Develop and execute a comprehensive partner strategy that strengthens Voya's position within the investment management community while supporting client and advisor goals.Serve as the senior executive relationship owner for key strategic partners, fostering executive-level engagement and long-term value creation.Lead partner onboarding, due diligence, governance, performance reviews, and relationship management activities.Develop innovative partnership models, engagement programs, and strategic initiatives designed to deepen relationships and enhance business growth opportunities.Funds Management & EconomicsDrive the overall economics of the Wealth Management product ecosystem, including distribution arrangements, revenue-sharing agreements, platform fees, sponsorship programs, and other strategic partnership initiatives.Lead negotiations involving product access, distribution rights, commercial arrangements, revenue opportunities, sub-advisory relationships, and strategic partnership agreements.Identify opportunities to improve product profitability, partner economics, platform efficiency, and enterprise value creation.Develop business cases supporting new products, investment platform enhancements, strategic partnerships, and technology investments.Cross-Functional LeadershipPartner closely with Wealth Management, Retirement, Distribution, Investment Management, Marketing, Finance, Operations, Compliance, Legal, and Technology teams to ensure alignment of product and partnership strategies.Serve as executive business owner for major product platform modernization efforts and strategic technology initiatives impacting advisors and clients.Coordinate product education, thought leadership, advisor engagement programs, conferences, and partner-facing initiatives that improve market visibility and advisor adoption.Build and lead a high-performing team responsible for product management, strategic partnerships, funds governance, analytics, and platform administration.Enhanced Knowledge & Experience15+ years of progressive leadership experience in wealth management, investment management, financial services, or asset management.Deep expertise in investment products, mutual funds, ETFs, managed accounts, advisory platforms, funds distribution, and wealth management operating models.Demonstrated experience managing large-scale product platforms and strategic partner ecosystems supporting significant assets under management or administration.Proven success developing and executing strategic partnerships with investment managers, asset management firms, custodians, platform providers, and distribution organizations.Strong understanding of investment product economics, revenue-sharing arrangements, platform fees, distribution agreements, and commercial negotiations.Demonstrated ability to lead product platform rationalization, governance, and optimization initiatives.Experience developing multi-year strategic plans that drive revenue growth, advisor engagement, client adoption, and profitability.Proven ability to influence senior executives and drive results in highly matrixed organizations.FINRA Series 7, 24 and 65 or 66 required. CFA designation preferred.#LI-MG1Compensation Pay Disclosure: Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. $0 - $0 USDBe Well. Stay Well.Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.What We OfferHealth, dental, vision and life insurance plans401(k) Savings plan – with generous company matching contributions (up to 6%)Voya Retirement Plan – employer paid cash balance retirement plan (4%)Tuition reimbursement up to $5,250/yearPaid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.Paid volunteer time — 40 hours per calendar yearLearn more about Voya benefits (download PDF)Critical SkillsAt Voya, we have identified the following critical skills which are key to success in our culture: Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.Team Mentality: Partnering effectively to drive our culture and execute on our common goals. Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.Learn more about Critical SkillsEqual Employment OpportunityVoya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.Reasonable AccommodationsVoya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please referenceresources for applicants with disabilities.Misuse of Voya's name in fraud schemesSummaryLocation: MA-Boston, 121 Seaport Blvd; Hartford, CT; New York, NY; Atlanta, GAType: Full time
$274.05k - $366.59k
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