What are the responsibilities and job description for the Sr. Product Manager position at First Entertainment Credit Union?
First Entertainment Credit Union is looking for a strategic and result-driven Sr. Product Manager to lead and grow our credit union and entertainment-focused financial services. This role requires expertise in product management, business strategy, process optimization, vendor management, and P&L oversight—all while delivering tailored financial solutions that meet the unique needs of credit union members and entertainment industry professionals.
The ideal candidate has a deep understanding of member-focused financial products, digital banking, lending, and payment solutions and is comfortable navigating the dynamic financial landscape of the entertainment industry, such as irregular income patterns, royalty structures, and industry-specific lending solutions.
This is a full-time, hybrid opportunity reporting to the VP, Product based in Hollywood, CA. The targeted pay in California is between $110,000 to $130,000.
Responsibilities
- Execute a strategic roadmap for credit union financial services, with a focus on entertainment professionals’ unique banking, lending, and wealth management needs.
- Support management of the P&L, ensuring sustainable revenue growth while maintaining member-first financial solutions.
- Drive agile product development to enhance digital banking experiences and introduce innovative financial products for members.
- Monitor entertainment industry economic trends and credit union best practices to drive competitive positioning.
- Oversee and streamline operational processes, ensuring compliance with NCUA regulations, state financial laws, and entertainment industry-specific financial requirements.
- Manage third-party vendor relationships, including payment processors and digital banking platforms.
- Champion process automation and efficiency, improving member experience while reducing operational costs.
- Work closely with internal credit union teams, entertainment unions, guilds, and industry associations to align financial services with members’ evolving needs.
- Partner with technology teams to drive digital transformation, ensuring seamless banking experiences for entertainment professionals with unpredictable income streams.
- Collaborate with marketing and community outreach teams to enhance member engagement and drive financial literacy for entertainment industry workers.
- Develop and maintain key performance indicators (KPIs) to track business unit success in loan growth, deposit expansion, member satisfaction, and operational efficiency.
- Deliver insightful financial and operational reports to credit union leadership, ensuring transparency and data-driven decision-making.
- Assess market trends, competitor offerings, and member behavior to refine and enhance product and service offerings.
- Perform other tasks as assigned.
At First Entertainment, your role and every role are essential to our Mission [We build lifelong financial relationships with the people in entertainment based on a deep understanding of how they live and work], Core Values [ Members First Ownership Integrity Innovation Inclusivity One Team], and we expect you to uphold them.
Requirements
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Salary : $110,000 - $130,000