Deposit Product Manager

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Deposit Product Manager Full Time Professional Palo Alto, CA, US 30+ days ago Requisition ID: 1642 Salary Range: $110,000.00 To $125,000.00 Annually Deposit Product Manager Opportunity at Stanford Federal Credit Union! We’re on a mission to improve financial lives! If you’re a high-energy, compassionate, and collaborative individual with a desire to make a difference, we encourage you to consider joining our SFCU team! Members really do come first at Stanford FCU because we’re non-profit and owned by our members. Our members work for Stanford University or some of the most innovative companies in Silicon Valley—and we provide them with the most generous financial benefits in our industry. Stanford FCU is a $4.5 billion company with a global reach of over 95,000 members in 90 countries and growing! Come grow with us and see what it’s like to work for a Bay Area Top Workplace. As our CEO says, "we work hard, and we play hard", and we need your help to improve even more financial lives! The Deposit Product Manager is responsible for the development, management, and enhancement of consumer and commercial deposit products to meet member needs, ensure competitiveness, and align with the credit union's strategic objectives. This role adheres to SFCU’s product governance program and supports the team delivery of high-quality product documentation including recommendations, reviews, and organizational readiness. Who YOU are: Education : A bachelor’s degree in finance, Business Management, Marketing, or a related field, or an equivalent combination of education and experience. Experience : 3 to 7+ years of experience in product development, product management, or the banking/financial services industry, with a strong understanding of consumer deposit products. Certifications : Certified Business Analysis Professional (CBAP), Project Management Professional (PMP), Product Management, Treasury Professional credential, or industry related certification is preferred. Technical Skills : Strong analytical abilities to evaluate product performance, financial metrics, and market trends; knowledge of data visualization and budgeting software is preferred. Soft Skills : Excellent communication, problem-solving, decision-making, and project management skills are essential for leading teams and articulating complex concepts to various stakeholders. What YOU’LL do: Product Strategy and Management : Develop short- and long-term product plans and roadmaps, overseeing the entire product lifecycle from ideation to retirement. Early focus will be directed towards helping to develop a commercial deposit product set to help the credit union compete in the marketplace. Market and Competitive Analysis : Conduct market research and cost analysis to assess the competition, review product pricing, and stay updated on economic and regulatory developments. Financial Management and Reporting : Manage product profitability, including budgeting, forecasting deposit flows, fee income, and monitoring budget variances with the finance team. Assist the finance team with deposit-related imports, assumptions, and reporting associated with asset-liability management. Cross-Functional Collaboration : Serve as a subject matter expert (SME), helping to lead cross-functional teams to ensure the timely and effective delivery of products and features. Compliance and Risk Management : Ensure all products and processes comply with applicable laws, regulations, policies, and risk requirements. Member Experience and Support : Collaborate with frontline staff and marketing to ensure employees understand deposit products, support sales and training, and enhance product visibility and appeal to members. Vendor Management : Manage relationships with third-party vendors related to specific product areas, including contract negotiations and performance monitoring. Some of our benefits for YOU: 100% paid employee medical, dental, vision, life/AD&D and short-term disability insurance for the employee; 50% paid for dependents Quarterly incentives up to 10% of your salary (based on position) Employer 401(k) matchingup to 5% plus additional annual discretionary contributions Education reimbursement up to $5,200/year Employee recognition program with cash incentives Commuter Toll reimbursement $100-$200/month (based on position) Wellness Benefits up to $1,200 per year Paid Sick Time accrues at two weeks per year Paid Vacation Time accrues at three weeks per year Paid Federal banking holidays(approximately 11 per year) Ongoing training and education, seminars, and conferences Loan rate discounts on some products (vehicle, mortgage and HELOC loans) Waived fees and deposit bonuses on Stanford FCU accounts Employee Assistance Program with free benefits like counseling, help finding legal assistance and day care resources If you are ready for this awesome opportunity (or know somebody who is) please contact us today! Stanford Federal Credit Union providescompetitivepay ranges based on factors such as (but not limited to) the scope and responsibilities,qualificationsneeded for the position andexternal market pay for comparablepositions. Please Note: SFCU does not provide work visa sponsorship or accept visa transfers for any positions. Stanford Federal Credit Union is an equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities. #J-18808-Ljbffr Stanford Federal Credit Union