What are the responsibilities and job description for the Senior Director, Product Deposit position at First Tech Credit Union?
DescriptionThe Senior Director, Deposits Product reports into the VP, Deposit Products and is responsible for the strategic oversight and execution of initiatives related to the effective growth of all deposit portfolios, partners to develop and deploy innovative deposit products and transactional banking related services. The Senior Director will lead and drive product and promotional campaigns, growth of digital production, and internal product profitability.Primary Responsibilities : Direct the creation of strategic plans to ensure the sale and profitability of deposit products and development of product engagement and utilizationDrive and manage the full product lifecycle, from development to decline, for consumer and commercial deposits Continuously assess and adjust existing product propositions, processes, procedures, and pricing strategies to ensure optimal portfolio populations and mixes which balance growth objectives and sensitivity tolerancesRemain current on the competitive landscape, from product offerings, market behaviors, and pricing momentum, to maintain a competitive position and overall portfolio viability Influence internal and external key stakeholders to support growth, profitability and performance of consumer and card productsGuide, coach and mentor direct and indirect reports including matrix or shared resources to meet production level goals Serve as subject matter expert for deposit products and transactional banking trends and innovations emerging in the larger marketplace Make regular presentations about deposit products and transactional banking trends at the committee level, cross functionally with stakeholders, and to the executive teamSet department policies and budgets, tracking key metrics to report on progress, and own the departmental P&L in conjunction with counterparts and the VPExperience and Education Requirement : Minimum Education : Bachelor’s degree in Business Administration, other related fields of study or equivalent experience. Master of Business Administration preferredMinimum 10 years’ experience leading a diverse team including hiring, coaching and performance management within a financial services organization, inclusive of product managementMinimum 7 years’ experience in product management, pricing and value proposition strategies, and strategic development across the full consumer credit spectrumExperience with digital product growth and digital product marketingExperience in portfolio management, including performance analysis and optimization, market research and intelligence, competitive turbulence and full lifecycle managementExperience in developing policies, processes, and best practices for product development testing and go-to-market strategies Experience evaluating and implementing third-party product or service solutionsAbility to use industry / external trends, analytics, and market knowledge to continually measure, evaluate, and optimize products to drive product innovation, sales, and financial performanceAbility to successfully drive projects, processes and change management concepts in a dynamic and complex operating environmentProficiency in creating and delivering a business plan and strategy that coincides with department and credit union directivesAbility to foster internal and external business relationships to ensure alignment with business imperativesStrong knowledge of, and practical experience with, financial institution operating areas, functions, products and services and the laws and regulations relevant to consumer lending Outstanding presentation development and delivery skills Skilled in Microsoft Office Suite including Excel and PowerPoint Strong data aptitude and previous experience with leveraging data to drive business valuePrior experience managing product and portfolio analytics is preferred.Certification / License : Scrum CSM or CPO is strongly preferredBenefits options include : Traditional medical, dental, and vision coverage401K matching up to 5% per pay periodAccrue up to 17 days of Paid Time Off your first year of employment11 paid federal holidaysSpecial employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)Location : Hillsboro Corporate Office, Hillsboro, OR 97124Target Compensation : $150,000 to $180,000 annual bonusWhat makes First Tech different? Click here to learn more!First Tech is not currently offering Visa sponsorship for this position#FT123#FTFCC
Salary : $150,000 - $180,000
