Director Of Product Management

Amalgamated Bank New York , NY 10007

Posted 2 months ago

Amalgamated Bank seeks a highly motivated professional as a Director of Product Management in the main office. This role will be accountable for Amalgamated Bank products in the areas of Commercial Banking and Investment Management, and Consumer Banking. Responsibilities include: Economic modelling, Product pricing & profitability, competitive and marketplace research, customer experience and value proposition design

Essential Job Functions:

  • Identify, evaluate and champion new product strategy, development, test and launch

  • Lead specific enterprise strategic business development initiatives as identified

  • Maintain suite of existing commercial and consumer products, with a focus on economics, risk and Bank Mission & Values

  • Define and own consumer and commercial product roadmap based on budget, prioritization and strategic objectives of Amalgamated Bank

  • Ensure product profitability by managing underlying product expenses, list prices and healthy margins

  • Support business units with product positioning, marketing and articulating value proposition

  • Provide training to Business stakeholders on product functionality

  • Assist business partners in product defect identification & resolution

  • Partner with sales teams, providing product-specific support in sales cycles as necessary

  • Maintain current marketplace awareness of emerging technology, competitive dynamics and business opportunities / threats

  • Manage senior level relationship with the bank's product vendors

  • Ensure department compliance with bank policies and relevant regulations

  • Lead, develop & mentor direct reports and create opportunities for growth

  • Perform other duties as directed

Knowledge, Skills and Experience Requirements:
  • Bachelor's degree or equivalent experience

  • 7-10 years of experience in commercial banking, treasury management, cash management, investment management and/or product management highly desired

  • Strong analytical / financial ability to model product characteristics and profitability

  • Process and/or customer experience design background highly desired

  • Supervisory, team leadership and analyst development experience highly desirable

  • Strong written and verbal communication skills

  • PC proficiency, especially with Microsoft Word, PowerPoint & Excel

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

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Director Of Product Management

Amalgamated Bank