Product Manager

For nearly 40 years, the Vermont Community Foundation has served Vermonters and their families through philanthropy and building stronger communities. Our mission—Better Together: inspiring giving and bringing together people and resources to make a difference in Vermont—provides the bedrock for our workplace culture. Our employees are passionate about making a difference every day. We approach our work with curiosity, respect, and integrity, and believe in collaboration, equity, and diversity.

When you join our team, your work will matter for Vermont communities.

The Product Manager position is a collaborative role on the Philanthropy team, serving as both a strategic leader and an operational steward. This role is responsible for understanding VCF’s full slate of fund products and services, setting product strategy, conducting market analysis, and overseeing all aspects of fund administration, including the development and enforcement of policies and compliance standards. Product strategy includes gathering input from internal and external stakeholders and recommending opportunities for product design, enhancements to the product mix, and evolution of performance and pricing structures.

While not directly responsible for asset development, the Product Manager advances VCF’s goals by developing and evolving our policies and products, which result in financial stability and growth for the organization.

Fund administration spans the entire lifecycle—from new fund setup to fund closure—with a strong emphasis on maintaining rigorous compliance with IRS regulations, National Standards for Community Foundations, VCF business policies, donor intent, and accounting standards. The Product Manager plays a critical role in safeguarding organizational integrity by ensuring that all processes are executed accurately and consistently. This role manages the approval processes while liaising with external legal counsel and internal experts to make decisions on behalf of VCF.

Equally important, the Product Manager works across all teams to ensure that VCF’s products, systems, and administrative processes operate smoothly and coherently. By championing both compliance excellence and user-centered design, this role ensures that fund holders experience seamless, trustworthy, and responsive service that reflects VCF’s values and commitments.

The Philanthropy department includes a team of philanthropic advisors and donor services specialists. This position sits on the Donor Impact team within the Philanthropy department and reports to the Director of Donor Impact.

• Drive and lead recommendations and approval process for product mix, strategy, structure, performance, and pricing, ensuring alignment with donor needs, market dynamics, and compliance requirements
• Serve as a solution architect for new fund development, suggesting adaptations and innovations on our existing products or designing new offerings that are both user-centered and fully compliant with IRS and National Standards guidelines
• Lead market analysis for each product and service, translating insights into actionable recommendations that strengthen VCF’s value proposition, operational efficiency, and compliance posture
• Monitor emerging philanthropic tools, fund models, and market trends, ensuring VCF remains current and competitive
• Provide client-facing design and development, ensuring product tools, forms, processes, and workflows are intuitive, transparent, and aligned with best practices in donor experience
• Collaborate closely with internal teams to ensure product strategy integrates operational feasibility, risk management, financial soundness, and the highest standards of fundholder service
• Oversee the implementation/roll-out of product changes in marketing materials, fund documents, portfolio, etc.

• Oversee new fund setup and fund close processes, ensuring accuracy, clarity, and a seamless experience for fund holders
• Partner closely with Finance on cross-system workflows to ensure accuracy and data integrity related to…