Product Manager Banking Job Description
Product manager banking
provides guidance and support on national industry codes and regional/international industry codes, government regulations and other initiatives sponsored by the Office of Ethics & Compliance.
Product Manager Banking Duties & Responsibilities
To write an effective product manager banking job description, begin by listing detailed duties, responsibilities and expectations. We have included product manager banking job description templates that you can modify and use.
Sample responsibilities for this position include:
Partner with Credit, Agency Relations, and IT to evaluate new concepts and changes
Support the development and review of policy and pricing in conjunction with the Mortgage portfolio team and other key stakeholders in Risk and Credit
Strong cross functional and influencing skills across Mortgage Enablement, Credit Risk, Operations, Retail and with a range of external stakeholders and customers
Follow New Business Initiative and Product Management Procedures for formal approvals and risk assessments
Analyze product concepts and develop specific guidelines and obtain written approvals
Determine all impacts of a new or changing product across all functional areas
Evaluate options and determine best approach for each IT system
Build business requirement documents based on design concept and detail the requirements for business and systems
Create project plan to address all implementation tasks from inception through final delivery – identifying all potential issues and driving to resolution
Determine any operational, legal, compliance, pricing, delivery or other risks that must be addressed and interface with the necessary parties to ensure acceptable solutions
Product Manager Banking Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Product Manager Banking
List any licenses or certifications required by the position: NPDP, CTP, CSM
Education for Product Manager Banking
Typically a job would require a certain level of education.
Employers hiring for the product manager banking job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Marketing, Finance, Management, MBA, Computer Science, Engineering, Technical, Education, Project Management
Skills for Product Manager Banking
Desired skills for product manager banking include:
Competitive products
Industry trends related to but also beyond payments software
Regulatory and compliance expectations
Various industry international and national requirements and influence on industry / products
ATM
Credit
Debit
Digital propositions and customer journey theory & best practice
Financial industry laws and regulations
Gift and prepaid products and card processing
Desired experience for product manager banking includes:
You are the point of contact within your area of expertise for both external (banks, Isabel, ) and internal stakeholders (product managers, sales, marketing)
Develop marketing and optimize sales campaigns (offline/online) to support Private Bank’s Investment Strategy and proprietary offerings, including Themes in Portfolios and Mandates, the Bank’s broader non-proprietary product capabilities via launches, roadshows, publications, and client communications
Engage, build and manage relationships with regional business partners to manage and meet expectations ensure delivery of product marketing initiatives in line with business and marketing strategies to help develop growth
Recognised degree in Business or Finance or Communications or Marketing
Strong desire to lead projects, propose innovative solutions, and make business decisions to drive key initiatives
Experience in product management and process engineering / re-engineering
Product Manager Banking Examples
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Product Manager Banking Job Description
Job Description Example
Our growing company is hiring for a product manager banking. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product manager banking
- Evaluates the effectiveness of promotional, sales and advertising programs
- Creates business cases and communicates value proposition of initiatives for managing product
- Serves as product expert with respect to competition, industry trends, tech advances, and customer changing needs
- Researching and supporting strategy formulation on priority GTB Digital topics
- A demonstrable and structured approach to problem solving
- A basic understanding of the global financial services industry
- Able to multitask different projects and prioritisation in accordance with tight deadlines
- Highly motivated and able to adhere to the highest quality standards
- Product Development - Supporting the development of a best in class mortgage product proposition for the UK market
- Business Development - Supporting on the ground marketing and business development activity across the UK to ensure we achieve our annual mortgage sales objectives
Qualifications for product manager banking
- Great attention to strategy roadmap, short and long term articulation and execution
- Experience with vendor management, contract negotiation, RFI and RFP process
- Experience with online self-services and money movement within online banking
- Experience with online marketing and adoption
- Customer Service Management - Working with stakeholders in Underwriting and Operations to ensure a best in class end to end sales process, through the resolution of customer complaints etc
- Design new or revised customer propositions, services, initiatives or processes applying the required internal and external policy and procedural requirements in all activities
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Product Manager Banking Job Description
Job Description Example
Our company is searching for experienced candidates for the position of product manager banking. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for product manager banking
- Identify and analyse developments in the market place both in terms of Product and Channel together with changing consumer and competitor behaviours which impact the mortgage proposition
- Perform consumer research including competitive analysis
- Lead development of Agile efficient practices for digital Wealth management team, working in partnership with key business, IT, and cross-functional stakeholders
- Participate in UAT execution (as coordinated by the Project Manager) to ensure it ties back to the requirements
- Work with partners in the PMO, across business and technology teams, and with key vendors to identify requirements and implement multiple work streams across all lines of business
- Be the key decision maker regarding the platform
- Assist Product Manager in development and implementation Treasury product (FX,PCI, CLI , Bond etc) strategies towards the achievement of Wealth Management business goals by working closely in tracking the revenue recognition
- To prepare and provide trainings to all sales staff on product and market knowledge
- To monitor CBG Policies related to Treasury products Treasury product (FX,PCI, CLI , Bond etc) are in place and implemented according to government (BI & Bapeppam LK) and group policy
- To make prompt report of suspicious transactions or proposed transaction according to the documented process on reporting and/or in compliance with local regulatory requirements
Qualifications for product manager banking
- Experience in the Software Development Lifecycle, SDL
- Travel, domestic and international required up to 10-20% of the time
- At least 3-5 years’ work experience preferably in an online/mobile channel product management, product development, or product support role
- Commercial payments, banking and cash management knowledge a strong plus
- Project planning and management – ability to deliver product / service enhancements on time, on budget and as per specifications
- Technical skills/ aptitude
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Product Manager Banking Job Description
Job Description Example
Our innovative and growing company is hiring for a product manager banking. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for product manager banking
- To ensure all documentation with regards to product approvals are kept in organized manner
- Represent branches in dealing Treasury products straight to T&M
- To work closely with T&M in developing and delivery new product ideas or services to serve CBG needs
- Provide analytical support to management by maintaining product performance and usage metrics that can be used for strategic and tactical decision-making
- Working as part of the Online Banking Product Management team, in partnership with Digital Client Experience, Digital Delivery, Digital Strategy, Product Strategies, other P&CB and enterprise stakeholders sets and executes priorities around the OLB Online Bakning enhancements
- Acts as Business Lead/Product Owner (agile) in the work effort to execute and effectively implement business and IT roadmap of development
- Work closely with support teams
- Serve as the internal and external evangelist for your product line – be passionate! Must be able to communicate with all areas of the company
- Plan and execute recurring campaign to increase Cashline usage via instalment loan products
- Manage unsecured Overdraft portfolio and ensure compliance with MAS to close the portfolio by June 2019
Qualifications for product manager banking
- Minimum 10 years’ experience in customer adoption and consumer-facing technology including a minimum of 5 years direct P&L ownership and management experience for a product line or business unit
- Possess a passion for mobile apps, emerging trends and mobile design patterns
- Excellent knowledge of mobile specific delivery tools and methodologies including tools to manage analytics, tracking, and A/B testing
- Demonstrated ability to build, manage and deliver strategic product or channel plans to market
- Strategic thinker with ability to work independently to develop strategies to increase market share
- Experience in Financial Services or Retail Banking Industry
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Product Manager Banking Job Description
Job Description Example
Our company is looking for a product manager banking. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product manager banking
- Manage the launch of portfolio campaigns (book schedule, raise criteria request, ensure timeline is met)
- Fulfill post campaigns (prepare documentation, procure premiums, request for ops support)
- Act as liaison regarding customers inquires for instalment-based loan products
- Improve existing processes, practices and communications with the objective to minimise customer inquiries and improve customer’s product experience related to instalment-based loan product
- Create a roadmap that drives growth and profitability of our online and mobile products based on client needs
- Senior subject matter expert in terms of industry focus/market competition for online and mobile cash management
- Support Sales on key relationships new opportunities
- Progress tracking and catch up planning
- Issues tracking and resolution facilitation
- Project risk management and mitigation plan development
Qualifications for product manager banking
- 3+ years’ of mobile product management with both iOS and Android experience
- UX experience in a digital, online, mobile, or m-commerce channel development
- Pragmatic Marketing certification PMC-III or higher or Scrum certification such as CSM, CSPO, or CSP a plus
- Creative & focused on digital customer experience
- Experience managing relationships with internal and external service providers
- Experience working with data analytics tools to understand customers’ needs and identify future development, prioritize requirements, and measure success against initiative objectives
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Product Manager Banking Job Description
Job Description Example
Our growing company is looking for a product manager banking. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product manager banking
- Coordinating with IT leads in order to vet To-Be solutions from the Transaction Banking business perspective
- Be primary contact responsible for delivering high level business requirements to the project
- Managing vendor relationships for the project, including relationships with consultant services and Fieldglass resources
- The incumbent will also manage the investment planning process the Program aligning tactical initiatives to support near term product management needs and longer term strategy of the bank and develop and manage UAT cross organizational workflow process
- Develop and Drive the execution of the product roadmap for Banking Globally
- Other administrative duties as deemed necessary by Team Head or Head of Americas office
- Define evaluation and selection processes for new mobile product enhancements
- Understand wealth customer needs, work closely with stakeholders including regional eBusiness, local product teams, business analyst and Tech to enhance digital wealth platform
- Drive new initiatives for online and mobile platform according to bank’s direction toward wealth segment
- To be in charge of system enhancement with IT support, prepare business requirements/user stories and ensure full compliance and legality of the service
Qualifications for product manager banking
- Cash Management / Treasury Payment solutions knowledge is a strong plus
- Ability to analyse problems and turn them into solutions
- 5-7 years minimum work experience in digital strategy and development, preferably in financial services
- Product experience in Cash Management business, especially in liquidity management products
- 3 years experience mininum in the treasury (FX, Bonds, Dual Currency) area, preferabbly sales/specialist function
- Continually seeks opportunities to increase stakeholder value