Senior Director Product Management Savings

General information

Career area Deposits Products & Marketing Work Location(s) 601 S. Tryon Street, NC Remote? No Ref # 21875 Posted Date 03-11-26 Working time Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

Ally work location is Charlotte NC - In office role with hybrid scheduleAt this time, Ally will not sponsor a new applicant for employment authorization for this position
The Senior Director, Deposits & Savings Product, is responsible for defining and delivering the strategy, performance, and long-term evolution of the bank’s digital savings portfolio. This leader will align product strategy within the broader Consumer Bank vision, driving product enhancements and drive customer value proposition, deliver sustainable growth, and generate tangible business outcomes. This role requires deep expertise in deposit product fundamentals, strong business and financial acumen, and the ability to translate strategy into measurable outcomes. The Senior Director will serve as a thought leader across the organization, involving cross-functional teams to deliver impactful, customer-centered solutions that materially improve business results.

The Work Itself

Product Strategy & Leadership

• Define and lead the Savings Product Strategy, clearly articulate the vision, priorities, and success measures across the organization.
• Align cross-functional partners—including channel, technology, digital, marketing, sales, service, and operations—around shared business objectives.
• Establish the strategic direction and multi-year roadmap for savings products, including current state, target state, and key capability development.
• Ensure product strategies align with bank strategy, customer needs, and competitive dynamics.

Business Performance & Ownership

• Own overall performance of the savings portfolio, including P&L results, product economics, growth, and customer outcomes.
• Translate financial plans into actionable product initiatives and measurable KPIs.
• Provide clear performance insights, diagnostics, and recommendations to senior leadership.
• Continuous improvement across acquisition, engagement, retention, and customer satisfaction.

Customer & Market Focus

• Define target customer segments and ensure product solutions meet evolving customer needs.
• Lead competitive analysis and market assessment to inform strategic decisions.
• Champion customer experience improvements across the savings lifecycle.

Execution & Operating Model

• Oversee day-to-day portfolio operations while maintaining focus on long-term strategic priorities.
• Maintain an integrated execution plan linking strategy, roadmap, and delivery milestones.
• Establish disciplined performance measurement and routines. 
• Maintain a robust pipeline of product concepts and innovation opportunities.

Enterprise Partnership

• Partner closely with payments and transaction product teams (e.g., checking, debit) to deliver a seamless deposits experience across the consumer banking ecosystem (including Invest).
• Ensure business partners understand product value drivers, objectives, and performance expectations.

The Skills You Bring

Minimum Qualifications: 

• 12+ years of relevant experience 
• Bachelor's degree in relevant field of study or equivalent 

Preferred Qualifications:

• 10+ years of Deposit Product experience (preferred), or depth of experience in Product Management (preferably a focus on retail banking products and or Savings solutions), and deep experience with core product management functions 
• Deep understanding of product operations, servicing and multi-channel customer experience
• Knowledge and experience dealing with key regulatory (Legal, Risk & Compliance) aspects of Deposit products 
• Previous experience with product P&L, and owning key business outcomes 
• Financial acumen, able to quickly articulate financial drivers of the business, identify and optimize levers to drive & optimize business economics and profitability
• Previous experience with human centered design principles & practices as well as practical experience with rapid concept development in an Agile environment 
• Depth of knowledge in consumer behaviors, digital trends, including key customer and competitor dynamics
• Quantitative analytical skills to drive performance measurement & analysis, understand customer behaviors and usage, develop forward looking trends, and assess product level impact 
• Highly innovative with demonstrable success in business development and growth 
• Strategic thought leadership with strong critical thinking and problem-solving skills 
• Able to manage internal and external partners, addressing priorities and requirements of various stakeholders
• An effective communicator, at all levels, and across all stakeholders 
• Strong partnership focus, effective with indirect leadership of all levels, proven ability to work well with broad array of teams and organizations 
• Proven experience leading diverse teams including remote, able to define a vision, mobilize teams and engender followership, fostering collaboration

#LI-Hybrid

How We'll Have Your Back

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
• Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
• Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
• To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

 

Who We Are:

 

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

 

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

 

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: $165000 - $240000 USDAn individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.  Incentive Compensation: This position is eligible to participate in our annual incentive plan.