The following passage has been extracted from the book "Mathematical methods for Physicists":
A key idea of the present chapter is that a quantity that is properly called a vector must have the transformation properties that preserve its essential features under coordinate transformation; there exist quantities with direction and magnitude that do not transform appropriately and hence are not vectors.
Cross product: $\nabla \times (Vector)=Vector$
From the above equation of cross product we can say that $\nabla$ is a vector (specifically vector operator). However, a vector generally has magnitude and an associated direction. While in case of $\nabla$, it might satisfy essential features under transformation to be a vector, but I don't see whether it has magnitude or not? Does it has magnitude? If so, what is it? Or otherwise is it that a vector need not have magnitude?
The $\times$ is a symbol in "$\nabla \times$". Only that. It is used because it helps to remember the formulas, but it is only a symbol. The definition of the symbol "$\nabla \times f$" is $$\displaystyle \left\langle {\partial F_3\over \partial y}-{\partial F_2\over \partial z},{\partial F_1\over \partial z}-{\partial F_3\over \partial x},{\partial F_2\over \partial x}-{\partial F_1\over \partial y}\right\rangle$$
You could call it anything. For example, "$curl f$" or even "$\nabla + f$", or "$MATH ~ f$". But the standard notation is convenient.