About Us:

ProShares now offers one of the largest lineups of ETFs, with over $85 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:

We are hiring a Product Manager who will support our leveraged and inverse (geared), crypto, commodity, and volatility fund lineup, that includes both ETFs, Mutual Funds and VA offerings covering the '40 Act and the '33 Act structures’.

The position can be based in Bethesda, MD or New York, NY and will be part of a broader Product Management team supporting the business.

The ideal candidate is a thoughtful problem solver who brings experience with sophisticated financial products and a strong understanding of the asset management space.

Responsibilities [¹]:

The Product Manager acts as the “hub” for informing and implementing product strategy (including positioning, branding, pricing and efficient distribution support), analyzing market conditions, and identifying competitive gaps / opportunities to maximize commercial success.

In this role you will be responsible for overseeing and guiding the complete lifecycle of some of our most popular and industry-leading fund products, through collaboration and partnership across internal departments and external partners.

Key job functions will include the following, amongst other responsibilities:

• Product Positioning
  • Own strategic product messaging and positioning, including product features, client benefits, investment merit, and competitive differentiation for clients that range from sophisticated financial professionals to self-directed investors.
• Roadmap Planning and Initiative Management
  • Build the business case for product initiatives and campaigns with clear and concise business rationale and data.
  • Drive the execution of cross-functional product initiatives such as go-to-market campaigns, index changes, share price splits, product launches, etc. Do so, in partnership and close collaboration with other stakeholders such as client facing staff (sales, relationship management, client services), marketing, and investment strategy to ensure all contributors are accountable for their deliverables, and escalate, when necessary, to meet milestones.
• Product Quality, Research, and Analytics
  • Create and manage regular processes for monitoring product performance and quality metrics to ensure a "continuous improvement" mindset for commercial success.
  • Create an integrated view of product and competitive opportunities, based on analyses of fund flows and performance, market data, 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 a process for rationalization in partnership with internal and external stakeholders with a focus on both profitability and firm reputation and brand.

Education and Experience:

Prospective candidates should have a strong understanding of the asset management ecosystem including how each of the entities (sales, marketing, strategists, etc.) operate to bring commercial success to fund products with a diverse client base including financial professionals and self-directed Investors.

We are looking for someone who enjoys working in a fast-paced and data-driven environment. You should be able to manage several projects, build strong internal relationships, and explain ideas clearly to different audiences.

• 7+ years of relevant work experience in the investment management industry, with experience in product management or a related role.
• Experience with ‘40 Act and 33' Act' products, including ETFs and mutual funds.
• Experience in fund product management, including exposure to product development, product launches and product life cycle management.
• 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.
• Proven track record of commercial success, including the ability to 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
• Experience in consulting related to the asset management industry dealing with strategy, corporate development, new product development, sales/distribution efforts is a strong value add.

Skills and Abilities:

• Possession of a blend of quantitative and interpersonal skills, with an evidenced ability to communicate effectively (both orally and written) with 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 or market data applications (e.g. FactSet, Morningstar, Zephyr, Bloomberg, Callan PEP, Pertrac, etc.).

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $175,000 to $200,000 (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.

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with over $85 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:

We are seeking a highly motivated and talented Senior Investment Strategy Analyst to join our dynamic team. As a Senior Investment Strategy Analyst at ProShares, you will play a critical role on our Investment Strategy Team in delivering investment expertise, research, and analysis that drive our product strategies and then communicate those strategies to clients and prospects.  You will also partner with our product development and product management teams, with an emphasis on providing investment-related expertise to help create and position our products most successfully in the market. 

Essential Job Functions[1]:

1. Support the development and implementation of investment models, research and statistics for evaluating fund performance and fund usage.
2. Develop and maintain periodic collateral.
3. Conduct and support research and analytics related projects as needed.  These include but are not limited to:
   1. Investment performance of the product shelf.
   2. Use of products in investment strategy.
   3. Tactical marketing themes/sales ideas.
   4. Communicate with portfolio team on aspect of fund performance.
4. Assist with research projects; topics include financial market return and liquidity analysis, fund performance analysis, risk measurement, strategy testing and portfolio construction issues.
5. Assist in research, catalog and track academic and practitioner articles of interest to the Investment Strategy Group.
6. Conduct analytics on Product Development concepts.
7. Effectively communicate with the sales team, with an ultimate goal of direct client/prospect interaction.

Education and Experience:

1. BA/BS required. CFA or CAIA (or progress towards) strongly preferred. MBA optional.
2. 3-5 years of experience in financial services.
3. Interest and experience in empirical analysis and statistical techniques applied to financial markets or investment products. 
4. Expertise in analysis of time series data in Excel or other statistical software, PowerPoint experience, strong writing skills and demonstrated attention to detail and rigor in the research process.
5. Solid understanding of the equity markets.
6. Strong macro-economic perspective.
7. Alternative product management / research experience a plus.

Knowledge, Skills and Abilities:

• Analysis: Basic familiarity with portfolio management, financial markets, returns and risk measurement; work process must be efficient and appropriate to task complexity and importance; exploits all available information / sources / resources in context of work assignment; demonstrates ability to extract significant conclusions from analysis.
• Communication: Ability to communicate sophisticated investment, finance, and economic research analysis and concepts to a wide variety of audiences.
• Creation of Deliverables: Demonstrates full proficiency in Word, Excel, and PowerPoint; all work produced is clear and logically structured, of high quality (e.g., accurate, attention to details, grammar, syntax, spelling, layout, etc.); assumes full ownership for deliverable quality and timeliness.
• Attention to Detail: Strong focus on details and ability to complete projects according to a defined process.
• Individual Attributes: Exhibits constructive, team-oriented cooperative attitudes and behavior; ability to multitask; demonstrates initiative in developing self professionally; demonstrates high energy; organized; consistently applies research experience; highly reliable and discreet.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $80,000-$125,000, which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

[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.

About Us:  

ProShares now offers one of the largest lineups of ETFs, with over $90 billion in assets. As a pioneer in the ETF industry, ProShares has driven innovative investment strategies, including cryptocurrency-linked ETFs, dividend growth portfolios, interest rate-hedged bond solutions, and geared (leveraged and inverse) products. ProShares continues to advance the ETF landscape with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns. 

Position Summary: 

We are seeking an experienced Senior Portfolio Manager to join our private equity investment team, with a focus on managing 1940 Act private equity funds. This individual will play a central role in driving investment strategy, portfolio construction, and execution across manager selection, secondaries, and co-investments.  

The successful candidate will combine strong underwriting expertise with deep operational, structuring, and cash flow management skills to effectively manage the unique semi-liquid nature of our fund products. 

Essential Job Functions^[1]: 

Portfolio Management 

• Oversee portfolio construction and ongoing management of 1940 Act private equity funds, ensuring alignment with fund mandates, risk management, and liquidity considerations. 

• Develop and implement strategies across primary manager commitments, secondary transactions, and co-investments. 

• Monitor portfolio exposures, performance attribution, and liquidity forecasting. 

Investment Underwriting & Execution 

• Lead due diligence and underwriting of private equity investments across: 

• Secondaries – LP-led, GP-led, and structured transactions. 

• Manager Selection – top-tier private equity funds across buyout, growth, and special situations. 

• Co-Investments – direct equity opportunities alongside leading sponsors. 

• Build and review financial models, valuation analyses, and scenario planning. 

• Negotiate and structure investment terms in collaboration with legal, tax, and operational partners. 

Cash Flow & Liquidity Management 

• Design and maintain fund-level cash flow models to manage the semi-liquid profile of registered fund vehicles. 

• Partner with operations and finance teams to forecast capital calls, distributions, and redemptions. 

• Optimize pacing and deployment strategies to meet investor liquidity needs while maximizing returns. 

Structuring & Operations 

• Collaborate with legal, compliance, and tax teams on fund structuring, investment terms, and regulatory considerations. 

• Support the design and enhancement of investment vehicles, including operational processes unique to 1940 Act funds. 

Stakeholder Engagement 

• Present investment opportunities and portfolio updates to internal investment committees. 

• Partner with distribution, investor relations, and client teams to articulate fund strategy and performance to current and prospective investors. 

• Build strong relationships with private equity sponsors, secondary advisors, and market participants. 

Education and Experience: 

• Bachelor’s degree required; advanced degree (MBA, JD, CFA, or CPA) preferred. 

• 10+ years of experience in private equity, secondary investing, co-investments, or portfolio management with exposure to 1940 Act fund structures strongly preferred. 

• Demonstrated expertise in underwriting across secondaries, manager selection, and co-investments. 

• Strong financial modeling and valuation skills, including cash flow forecasting for semi-liquid vehicles. 

• Knowledge of fund structuring, legal, and tax considerations in private markets. 

• Experience managing private equity portfolios within the 1940 Act regulatory framework a plus. 

Knowledge, Skills and Abilities: 

• Excellent communication, negotiation, and presentation skills with the ability to interact with senior stakeholders and external partners. 

• Highly analytical with strong attention to detail. 

• Strategic thinker with the ability to manage complexity and multi-faceted portfolios. 

• Team-oriented, collaborative, and adaptable in a fast-paced environment. 

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $220,000-$240,000 (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.

About Us

ProShares now offers one of the largest lineups of ETFs, with over $80 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:

This role offers the opportunity to lead some of ProShares’ highest-impact, cross-functional initiatives aligned with the firm’s strategic growth agenda. This role is tailored for a seasoned, business-oriented leader with a proven track record of driving complex programs from concept through execution. The ideal candidate will work closely with senior executives and stakeholders across functions—including product, distribution, marketing, and operations—to identify opportunities, remove barriers, and deliver meaningful results.

This position plays a central role in shaping outcomes, enabling change, and accelerating the next phase of growth for one of the industry’s most innovative ETF issuers.

Location

The position can be based in Bethesda, MD or New York, NY.

Essential Job Functions[1]:

• Lead Strategic Programs: Drive end-to-end execution of non-technology business initiatives, such as go-to-market strategy rollouts, organizational design changes, front-office process improvements, and distribution optimization efforts.
• Serve as a Strategic Partner: Act as a trusted advisor to senior leadership, guiding cross-functional teams through the design and delivery of mission-critical programs.
• Frame and Solve Complex Problems: Collaborate with initiative sponsors to clarify ambiguous challenges, define objectives, and create actionable execution plans from inception to completion.
• Manage Cross-Functional Execution: Provide structure and alignment in fast-moving environments, managing scope, timeline, and risk while ensuring forward momentum.
• Drive Accountability and Transparency: Communicate clearly across levels of the organization, including steering committee updates and risk mitigation strategies to keep programs on track.
• Apply Adaptive Methodologies: Use agile principles and pragmatic project management tools to tailor approaches based on initiative size, complexity, and pace.
• Resolve Execution Barriers: Proactively address roadblocks by building consensus, aligning stakeholders, and fostering a culture of urgency and action.
• Bring a Consulting Mindset: Leverage frameworks and tools to support execution- such as strategy development, process redesign, operating model creation, vendor evaluations, and go-to-market planning.
• Foster Ownership and Results: Promote shared accountability while owning delivery timelines, executive expectations, and program success.
• Champion a Culture of Excellence: Encourage transparency, collaboration, and high standards in execution across teams and initiatives.

Education and Experience:

• Bachelor’s degree required.
• MBA or equivalent graduate degree preferred.
• 10-12+ years of relevant experience, including time in management consulting, business transformation, or enterprise program management within the asset management or financial services industry.
• Proven success leading large, complex business programs with cross-functional scope—especially in front-office, product, investment, or distribution settings.
• Familiarity with ETFs, mutual funds, or other investment vehicles strongly preferred.
• Experience working directly with executive leadership and influencing senior stakeholders across departments.

Knowledge, Skills and Abilities:

• Expertise in change management, program/project management, stakeholder alignment, 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.
• Executive-level communication: able to synthesize issues and present clearly to C-suite stakeholders.
• Strong strategic and analytical thinker with a high level of business judgment.
• Self-starter with exceptional ownership and follow-through; thrives in ambiguity and fast-paced environments.
• Skilled in management consulting-style problem solving and structured execution frameworks.
• Balanced orientation to detail and big-picture thinking.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $180,000-$250,000, 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.

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 more than $100 billion in assets. We are an industry 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 Head of Product Development is an executive role responsible for the vision, strategy and execution of the firm’s new product priorities. The ideal candidate will manage a global pipeline, generate groundbreaking ideas, and collaborate with internal and external partners to bring new investment solutions to market.

The executive will serve as a senior member of the Product Development Steering Committee and will participate in regular strategy sessions with the CEO and Management Team. This individual will contribute to the firm’s strategic direction and advancing the product priorities across asset classes, structures, and global channels/markets.

Essential Job Functions^[1]:

• Vision and Strategy: Define and execute product development strategy across multiple asset classes, investment structures and targeted client channels; experience in fixed income and alternatives highly desired
• Innovation: Generate new ideas that continue the firm’s long heritage in first-to-market and unique investment products for the financial advisor and self-directed investor channels.
• Client and Market Research: Lead market research and use client feedback to identify opportunities and guide product improvements
• Executive Collaboration: Partner closely with the CEO and senior management team to identify new opportunities and advance product initiatives from idea to launch and scale.
• Ownership and Execution: Oversee the development process at every stage, ensuring feasibility, investment integrity, operational excellence, and measurable commercial results post launch.
• Cross-functional Collaboration: Partner with internal teams, including product management, legal, portfolio management, and portfolio operations, to ensure disciplined and complaint approach
• Business Alignment: Manage competing priorities and execute with urgency in line with timelines and budgets.
• Regulatory Process: Stay current with industry regulations and ensure that new products adhere to all legal and compliance requirements.
• Competitive Insight: Anticipate trends and competitive dynamics to position ProShares as an innovation leader.
• Team Management: Oversight of team of subject matter experts and technical product practitioners

Education and Experience:

• 15+ years of experience in asset management, with a demonstrated record of product development and functional team leadership; history of managing technical teams preferred
• Advanced degree in quantitative field and/or CFA/CAIA preferred.
• Proven success developing and launching investment products across asset classes such as equities, fixed income, private markets and liquid alternatives
• Experience with index based or model-driven actively managed strategies and portfolio teams
• Creative and abstract thinker who challenges conventional approaches and can find new ways of accessing financial markets or providing financial solutions for investors
• Deep understanding of ETFs and the evolving financial landscape, investor behavior, and the global regulatory environment.
• Experience with other delivery vehicles such as interval funds, collective trusts, and other pooled products
• Exceptional communication, relationship management, and leadership skills, with the ability to influence effectively at executive levels.
• Demonstrated track record of innovation, complex project management, and ability to influence decisions.
• Strong industry relationships that will enable you to gather insights and keep abreast of emerging trends.

Knowledge, Skills and Abilities:

• Strong strategic thinking and creative problem-solving skills.
• Excellent project and process management skills, with a keen focus on execution.
• Creativity and forward-looking thinking
• Exceptional communication and interpersonal skills to work effectively with diverse teams.
• Proven leadership and team management experience.
• Ability to navigate complex regulatory environments.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $250,000-$300,000 (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.