Product Management Manager – Bank

Role Overview

• Formulate product, pricing, and sales strategy recommendations based on analysis of profitability, competitiveness and sales performance for the product life cycle
• Comply, analyze and interpret data to make strategic and tactical recommendations or decisions pertaining to sales and product performance
• Responsible for defining the business questions and providing insights to improve business performance
• Supports the maintenance of existing products and/or may lead in the development and launch of less complex, new products with channel partners
• Contribute to the development of the product vision, strategy, and roadmap aligned to Bank priorities and member needs
• Interpret performance results to inform product or sales forecast and planning
• Act as product SME on features and services and collaborates with business partners to provide recommendations
• Analyze and evaluates product performance to recommend product enhancements and leads efforts to expand or change existing product features
• Partner with operations, phone, and digital teams to provide training and education on products and services, including new offerings and enhancements to existing features
• Conduct research on external market trends/design changes, financials, member information and/or transaction data for assigned products
• Provide support in developing, editing, and distributing product communications
• Coordinate with relevant control partners (to include Legal, Compliance, and Risk Management) to ensure product offerings are designed, implemented and managed in compliance with all applicable laws and regulations.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

Requirements

• Bachelor's degree in Business, Marketing, Supply Chain, Statistics; OR 4 years of relevant education and/or experience
• 5 years of relevant industry experience in Actuary, Underwriting, Marketing, Sales and Service, Finance/Accounting Operations or Financial Services
• 2 years of product/program management, or similar strategic management experience
• Experience creating product/program briefings and presenting to executive leadership
• Knowledge of applicable Banking-industry laws, regulations, risk, and compliance requirements
• Proven program management skills with the ability to manage multiple initiatives and shifting priorities

Benefits

• comprehensive medical, dental and vision plans
• 401(k)
• pension
• life insurance
• parental benefits
• adoption assistance
• paid time off program with paid holidays plus 16 paid volunteer hours
• various wellness programs
• career path planning and continuing education