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Senior Product Manager

Company: Elwood Staffing Services, Inc.
Location: Ogden
Posted on: March 20, 2020

Job Description:

SR Product Manager Riverdale, UT Direct Hire Pay Salary: $80k-90k/yr DOE -- To apply please contact Oliver Bergen at oliver.bergen@elwoodprofessional.com -- THE ROLE YOU WILL PLAY: SR Product Manager Establishes product goals for utilization, penetration, profitability, market share, etc. Creates and drives competitive product strategies Manages the product lifecycle from strategic planning to tactical activities Evaluates product performance against strategic objectives and makes adjustments as needed Increases profitability, penetration and utilization of existing products Investigate opportunities and evaluate proposals Infuses original and differentiating insights resulting in products that lead the market Takes strong and immediate data-backed action on underperforming areas within the product offerings Identifies, analyzes, and evaluates loan risks and compensating factors to establish lending criteria and limits. Aides in the creation of company policy relative to product usage/experience Owns and controls the overall product experience Develops, evaluates and implements strategic product plans, based on member needs, organizational objectives and market characteristics Employs product research and analysis for the creation and implementation of strategic plans Sets, tracks, and adjust product goals based on performance and economic conditions Leverages performance metrics in setting policy Creates, tests and validates predictive models Discovers, acts upon and notifies Senior Management of "stories" told by the data Performs ongoing, in-depth analyses of products reporting to evaluate performance against corporate strategy Initiates primary and secondary research studies to determine market needs, competitor strength and positioning, member satisfaction and product requirements Uncovers key insights to develop product strategies to enhance the value of the member relationship, while maximizing the value that the member receives Identifies issues and recommend changes in strategies and tactics Develops, coaches, supports and manages an effective product management and development team Holds direct reports accountable for individual and team performance Provides leadership to personnel through effective objective setting, delegation, and communication Ensures that personnel are well-trained, effective, and optimally used. Ensures that staffing levels are appropriate. Interviews, hires, and assigns personnel Directs, schedules, and coordinates department functions Conducts performance appraisals. Formulates and implements corrective actions as needed. Communicates with and makes recommendations to top-level management on a daily basis. Consistently advises senior management on product and service strategies. Functions as a member of the Asset Liability Management, Enterprise Risk Management, Capital Planning, and Product Excellence committees attending, contributing and carrying out decisions made within those committees Leads ALM Committee discussions on lending performance and competitive environment. Creates and leads cross-functional teams to accomplish objectives and resolve problems. Works closely with the marketing and operational teams to deliver on product goals. Maintains a broad knowledge of virtually all aspects of the company along with a very focused knowledge of all products and services and members. Stays abreast of computer applications, models, and research in the Product and Service field. Works to develop more efficient methods for tracking key indicators. BACKGROUND PROFILE: SR Product Manager Ten plus years in product management or related field, preferably at a financial institution. Five plus years supervisory responsibility. MBA degree desirable. Complete knowledge of all Credit Union products, services, policies, and procedures. Expert in complex pricing models. Understands interest rate risk and credit risk. Business, financial and management knowledge. Proficient in product innovation and development. Understanding of market pressures that drive product performance. Product and industry knowledge. Understanding of market research techniques and models. Extensive knowledge of statistics and related computer applications and financial and market indicators. Competent in database theory database utilization. Proficient in Structured Query Language (SQL) and Oracle RDBMS.. -- To apply please contact Oliver Bergen at oliver.bergen@elwoodprofessional.com

Keywords: Elwood Staffing Services, Inc., Ogden , Senior Product Manager, Executive , Ogden, Utah

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