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Sr. Manager Deposit Products

$133.7k - $229.2k

Alliant Credit Union - Chicago

Manage deposit and transactions by developing and maintaining a comprehensive roadmap to build competitive, profitable deposit products that support the member experience. Develop a comprehensive go-to-market strategy for deposit products including product acquisition, retention, engagement, and multi-product. Responsible for competitive intelligence, member experience improvement, and product reporting.Essential ResponsibilitiesOwn consumer deposit product suite as governed by regulations, terms, conditions, and financial valueDevelop robust product roadmaps designed to provide financial value to members and attract new membersSeek and develop opportunities to improve member experience and reduce frictionAssess marketplace competition around product offerings, pricing, and experience. Create product pricing strategies based on competitive analysis, costs, and balance sheet and present to leadership for alignmentIdentify opportunities for product revisions and for new products based on market input and competitive assessments. Develop product specifications and identify required resources for developmentPartner with other areas such as plastic card operations to ensure operational excellence and expected member debit & payment experiencePartner with other teams such as marketing to develop and execute deposit and member growth marketing campaigns. Ensure disclosures and marketing materials are compliant with relevant regulationsProvide ongoing monthly and annual reporting and analysis for the portfolioPrioritize a backlog of deposit product enhancements against member feedback and market conditionsMaximize financial performance of the deposits and new member growthDevelop annual business plan direction for deposits and assignedMaintain a current knowledge of changing legislation and regulatory climate and recommend changes to products and servicesPlan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisionsEducation & Years of ExperienceMinimum- 4 Year Bachelors Degree in Marketing or RelatedPreferred - Graduate Degree in Marketing or RelatedMinimum - 7 Years Marketing, product management or relatedMinimum - 3 Years People ManagementPreferred - 3 Years Deposit product managementIn Lieu of Education10 Years Marketing, product management, deposit product management including people management Compensation & Benefits:Typical hiring range:‏‏‎ ‎ $133,700.00 to $229,200.00‎ Annually. Actual compensation will be determined using factors such as experience, skills & knowledge. ‎Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:Annual performance bonusWork from home up to 3 days a weekPaid parental leaveEmployee discount programsTime off including paid personal and sick days11 paid holidays Education reimbursement*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives. The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.Job SummaryRequisition Number: SENIO001972Job Category: ProductSchedule: Full-Time

Vacancy posted 15 hours ago
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