Supports the strategic product planning function responsible for developing long-term strategic objectives for the Banking and Payments organization. Tracks the competition, and assists in identifying threats or opportunities. Analyzes issues that affect profitability and growth. Identifies, researches, and evaluates new product opportunities and market initiatives. Assists in developing and communicating strategic product plans.
GENERAL DUTIES AND RESPONSIBILITIES:
Support the development of long term product strategies that align with market drivers and industry trends for the Banking and Payments division.
Evaluate market trends and competitive positioning.
Assist in researching and evaluating new product opportunities by analyzing complex market problems and issues using data from internal and external sources.
Bring expertise or engage subject matter experts in support of multi-functional efforts to produce 18 month to 3 year product strategies.
Collaborate with business line General Managers, Product Development, Enterprise and International teams to ensure cohesive product strategies.
Assist in developing Product messaging.
Assist in overseeing the investment prioritization process, documents and presentations.
Perform additional related duties as assigned.
A Bachelor's degree in business, management, marketing, finance or other related discipline.
GENERAL KNOWLEDGE, SKILLS AND ABILITIES:
Thorough knowledge of products and services in assigned business lines(s)
In-depth financial services/payments industry knowledge
Knowledge of banking practices, regulations and operations within assigned business line(s)
Knowledge of standards relevant to the software industry (e.g., ISO, Six Sigma, CMM)
Knowledge of end-to-end systems development life cycles (e.g., agile, iterative, waterfall)
General business skills, financial management and planning skills, long-term vision, and executive presence
Outstanding verbal and written communication skills to technical and non-technical audiences of various levels in the organization (e.g., executive, management, individual contributors)
Excellent analytical, decision-making, problem-solving, team, and time management skills
Ability to persuade and influence others on the best approach to take
Ability to understand and focus on clients' needs, establish credibility and build positive, professional relationships with clients
Project management skills; ability to prioritize and complete tasks
Requires leadership and negotiation skills
Entry level managerial role - manages the coordination of activities for multiple product strategies. Receives assignments in the form of objectives and works under moderate supervision with moderate latitude for independent judgment. Follows established processes and best practices in selecting methods and techniques for obtaining solutions. Supports team members in meeting schedules and/or resolving problems. Develops and administers schedules, performance requirements, and may have budget/financial analysis responsibilities. Typically requires a minimum of 5 to 7 years of experience in the financial services industry.
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