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Director of Product Management

Niles, Michigan 49120 | Permanent Hire

Job ID: 7314 Industry: Industry Pay Rate: 130000

Our client is a leading financial institution with an office in the St. Joe, MI area and are currently looking for a dynamic Product Management Director to join and lead their team.

**** Comprehensive Relocation Package Provided.

Top Reasons to Work with Us?
  • Leadership opportunity with direct reports and responsibility for developing and achieving major goals and corporate initiatives.
  • Excellent benefits, profit sharing and very competitive pay.
  • Employee first culture that aims to enrich the community around them.
  • Recognized leader in their respective space.

What you will be doing?
  • Establish a roadmap and strategy for products and services based on the organization’ s business plan and financial targets, as well as the market need and competition.  This includes managing product portfolios, pricing and promotion of products to achieve stated goals.
  • Role is tasked with new product improvements, innovation and product expansion, including the development of business cases and leadership over multi-disciplinary project teams. Responsible for directing the analysis and interpretation of market and internal data, for product pricing and attaining approval for the annual product promotion plan.  Serves as a member of the Asset & Liability Committee (ALCO) providing recommendations for product pricing and promotion based on regulatory changes, competitive analysis and ALM.
  • Responsible for the strategic growth and profitability goals for deposit, loan and card products. This includes developing business plans for product launches and enhancements, developing product growth and income and expense budgets, managing product profitability, managing product pricing, balance sheet and member needs. Leading the team of product specialists in the creation of product marketing briefs to support achievement of loan and deposit portfolio goals. 
  • Lead the team in managing vendor relationships pertaining to deposit, loan and card products. Includes proper due diligence, contract management, contract negotiation, compliance and regulatory updates and cost control and continuous improvement in vendor partners in effectiveness, quality, quantity, cost and timeliness.   

What you need for this position?
  • Bachelor' s degree in Business Administration or related field.
  • Master' s degree in Business Administration, Management, or related field preferred.
  • At least 2 years of managerial experience but will consider Sr or Lead roles that require project and personnel management responsibilities.
  • 7+ years operational and product management experience working within the financial services industry.

Desmond Nugent

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