Deposit Product Manager - Consumer

Job Purpose & Scope

Establishes and manages product strategy for the consumer and business deposit products and services portfolio. Researches and recommends new product features and services in order to grow customer adoption/use of products and services.

Essential Job Functions

• Collaborates with other bank teams such as Retail, Marketing, Learning and Development, Operations, etc. for new products, product enhancements, pricing and promotions.
• Manages a portfolio of deposit products and services to ensure all revenue and expense targets are achieved.
• Analyzes and reviews products and recommends changes to maximize competiveness, customer experience and/or profitability.
• Makes recommendations to changes in pricing to support deposit product mix and weighted average cost.
• Maintains an awareness of new trends and developments for the segments supported and deposit product set.
• Provides product and pricing guidance in support of operational, retail, and compliance initiatives.
• Maintains all products and services stays in compliance with all applicable laws, regulations, policy, and risk requirements.
• Manages vendor relationships pertaining to assigned products and services.

Knowledge, Skills & Abilities

• Knowledge of banking deposit products and services.
• Ability to analyze complex financial data and turn it into actionable analysis, insights, and strategic recommendations.
• Ability to analyze situations and risks, determine paths of action, and execute plans quickly and effectively.
• Ability to communicate effectively both verbally and in writing.
• Ability to demonstrate initiative to accomplish work objectives.
• Ability to work effectively and demonstrate flexibility in a continually changing environment.
• Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.
• Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
• Ability to work without close supervision.
• Ability to demonstrate effective customer service skills.
• Ability to maintain confidentiality.
• Ability to work extended hours.
• Ability to work effectively in a team environment.
• Ability to maintain attention to detail.
• Ability to demonstrate effective time management skills.
• Skill in using computer and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.

Basic Qualifications

• Bachelor’s degree in marketing, business, finance, or related field, or commensurate work experience, required.
• Minimum of five (5) years of product management work experience required.
• Minimum of two (2) years of financial services work experience required.
• Prior deposit product work experience preferred.

Job Expectations

• Operate customary equipment and technology used in a business environment, with or without accommodation.

Benefits

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts.