Sr Product Manager – Deposit Growth & Execution

About the role

Join our dynamic team in the role of Senior Product Manager – Deposit Growth & Execution at BECU. You will play a pivotal role in shaping the future of our savings, money market, and CD account products.

Responsibilities

• Define and Lead Product Vision: Create and own the strategic direction for one or more complex products, setting the foundation for long-term success within a business function.
• Drive Strategic Decisions: Guide decision-making processes for products by aligning them with organizational goals and business strategy, ensuring every move adds value.
• Own End to End Product Strategy: Develop, own and manage full end to end strategy for consumer savings portfolio (account acquisition, retention and new feature enhancements).
• P&L Responsibility: Accountable for P&L (cost allocation/expenses), establishing and driving savings unit growth and A/B testing etc.
• Product Expertise and Innovation: Demonstrate understanding of the importance of balance growth and retention, with new innovative ways to bundle and enhance services to meet members needs and financial objectives.
• Manage End-to-End Product Flow: From research to design to delivery, you’ll manage the entire lifecycle of the product, ensuring smooth transitions and effective outcomes across all stages.
• Prioritize and Set Release Goals: You will manage and prioritize product releases, ensuring key deliverables are met while balancing multiple product initiatives.
• Track and Analyze Product Performance: You’ll define and track performance metrics, using data (and self-sourcing or creating needs-based approach) to help measure effectiveness and continuously refine products to achieve desired business outcomes.
• Drive Product Growth Through Data: Use data as a core input for decision-making, demonstrating the ability to identify data needs, collaborate on data sourcing, understand analytical outputs and underlying logic, and convert insights into strategies that accelerate product growth and measurable impact.
• Communicate Across the Organization: Present ideas and data-driven insights to all levels of the organization, fostering understanding and alignment on product goals and direction.
• Incorporate Insights and Refine Roadmaps: Capture feedback and lessons learned to adapt the product vision, ensuring continuous improvement and responsiveness to evolving needs.
• Own Product Lifecycle: You’ll take full ownership of your product throughout its lifecycle, ensuring all aspects are managed effectively and continuously evolve with market trends.
• Build Vendor Relationships: Manage and nurture relationships with external vendors, ensuring they are aligned with our product goals and contribute to successful outcomes.
• Collaborate Across Ecosystems: Work closely with internal teams and external partners to ensure seamless execution and alignment with business capabilities.
• Stay Ahead of Industry Trends: Monitor the latest trends and apply industry knowledge to keep our products relevant, competitive, and aligned with the voice of the member.
• Understand Member Needs: Infuse member insights into your product development process, ensuring that every decision made resonates with and meets the needs of our members.
• Manage Product Financials: Oversee product budgets, approve expenses, and ensure financial objectives are met to maintain product profitability.
• Share Information Across Teams: Foster a culture of transparency by effectively sharing information and knowledge across all levels of the team.
• Provide Leadership and Mentorship: Offer guidance, support, and mentorship to team members and other stakeholders to cultivate a high-performing, collaborative culture.

Qualifications

• Bachelor’s degree or equivalent work experience in a technology, business, or related discipline required.
• Minimum 7 years of product management, product development, product operations, or equivalent experience.
• Experience working with checking, savings, money market and CD deposit products from a growth and execution perspective.

Benefits

At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Pay

The Target Pay Range for this position is $156,200.00-$190,800.00 annually. The full Pay Range is $121,200.00 - $225,800.00 annually.

Schedule

This role is primarily remote, with the option to come into the office on Tuesdays & Wednesdays each week if you are located in Washington state and within a reasonable driving distance to our Tukwila Headquarters (TFC).