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)
Qualifications
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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