Monday, March 25, 2013

Cash Management/Treasury Solutions Product Mgt Leader

Job Summary:

Cash Management/Treasury Solutions Product Mgt Leader

The Product Management Leader II provides leadership, supervision, direction and guidance to a team of Product Managers within the Transactional Banking group. Under the general direction of the Director of Product Management, the incumbent has overall responsibility for a family of cash management products. Specific accountabilities include planning and strategic direction, product profit margin management, product development and implementation, quality assurance, contract management, ongoing product support, market visibility, conversion planning and execution.

Manage day -to-day activities of team of Product Managers. Set performance standards, execute tactical initiatives and delegate and assign individual projects. Monitor performance, give on-going feedback and conduct performance appraisals

Hire, train, develop and motivate team members. Mentor and develop the skill sets of team members reporting to them.

Evaluate and approve product strategies and tactical plans for the assigned product family, monitor execution timelines, ensure consistency with the Corporate Banking Services group Strategic Plan, develop with Product Managers appropriate funding documents for
new products and major enhancements.

Monitor revenue and expense for family of products, establish product profit margins and direct product pricing strategies.

Ensure that Product Managers establish accurate revenue capture processes and understand and appropriately influence the drivers of revenue and expense to meet profitability targets.

Direct Product Managers in the research and definition of the product and technological requirements of clients and in the development and testing of new products and enhancements to existing services.

Support Product Managers in Project Management tasks, and ensure timelines are met and oversee all product launch activities for the family of products, including the development of marketing collateral, service agreements, product training, lient implementation, and internal/external communications.

Establish and manage with Product Managers Quality Assurance Program for the Cash Management product family to ensure performance to profitability goals and client satisfaction, and oversee establishment of quality indicators with Manufacturing partners or product delivery vendors.

Promote a positive image and perception of leadership/expertise for Sovereign through efforts such as speaking engagements at major industry conferences, published articles, and client interfaces.

Direct Product Managers in ongoing product support for all business partners, product training, product packaging, promotion, and development of marketing collateral. As required, participates in bank-wide conversion projects (eg. bank acquisition and/or system conversion)


Education: Bachelors or Equivalent

Undergraduate degree or equivalent work experience.

Ability to serve as a role model to others on developing a trusted communication style. Demonstrated ability to build strong trusted relationships and foster collaboration and teamwork. Demonstrated ability to interact with senior management.

Ability to understand complex systems and technology processes and demostrated product management skills.

Demonstrated superior analytical, financial and strategic planning skills.

Excellent Leadership and people management skills. Ability to manage and direct professional level employees in completing assigned tasks and achieving established goals.

Excellent project management skills. Ability to manage multiple, complex projects and work in a fast-paced entrepreneurial environment

Exceptional written and verbal communication skills.

Frequent travel required

In depth knowledge of specific Cash Management products. Extensive knowledge of Corporate Banking customer needs and competitive offerings.

Proficiency in Microsoft Office - Word, Excel, PowerPoint, Access and Project - and familiarity with banking internal systems

Strong interpersonal skills.

Proficiency in Microsoft Office - Word, Excel, PowerPoint, Access and Project - and familiarity with banking internal systems

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