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Product Manager -Banking

Laiba Technologies
Tysons, VA Full Time
POSTED ON 12/8/2024 CLOSED ON 2/2/2025

What are the responsibilities and job description for the Product Manager -Banking position at Laiba Technologies?

Position: Product Manager (Banking Products)

Locations: Tyson, VA (Onsite role)

Experience Required: 15-20 years of exp including 15 years in Product Ownership/Management, 10 years in the Banking Domain

Key Banking Products to Oversee:

  • Payments: Digital payments, real-time payments, and bill pay solutions.
  • Credit Cards: Card issuance, rewards programs, and transaction security enhancements.
  • Deposits: Savings, checking, certificates of deposit, and related digital onboarding features.
  • Mortgages: Loan origination systems, member journeys, and process digitization.
  • Mobile App: User-friendly features, cross-channel integrations, and ongoing app performance improvements.

Qualifications and Experience:

Experience:

  • 15 years in Product Management or Product Ownership.
  • 10 years of experience in the banking or financial services industry, with deep expertise in core banking products.

Skills and Expertise:

  • Comprehensive knowledge of banking products (payments, credit cards, deposits, mortgages, and mobile apps).
  • Experience in Agile methodologies, backlog prioritization, sprint planning, and cross-functional collaboration.
  • Expertise in digital transformation, fintech solutions, and customer journey enhancements.

Education:

  • Bachelor’s degree in business, Finance, Technology, or a related field (Master’s preferred).
  • Certifications such as CSPO, SAFe Product Owner, PMP, or similar are a plus.

Product Strategy and Ownership:

  • Define the vision and roadmap for core banking products, including payments, credit cards, deposits, mortgages, collections, autos, personal loans and mobile applications.
  • Align product strategies with business goals, market trends, and evolving customer expectations.
  • Monitor competitor offerings and industry trends to maintain a competitive edge.

End-to-End Product Management:

  • Oversee the lifecycle of banking products from ideation to launch, including enhancements post-launch.
  • Prioritize features and updates, balancing customer needs, regulatory compliance, and business objectives.
  • Manage cross-functional teams to ensure timely delivery of product milestones.

Digital Banking Transformation:

  • Drive innovation in mobile and online banking platforms, ensuring intuitive and secure member experiences.
  • Collaborate with technology teams to integrate emerging technologies like APIs, AI, and advanced payment solutions.

Stakeholder Collaboration:

  • Work closely with stakeholders across business units, including payments, lending, deposits, and IT, to align product initiatives.
  • Partner with marketing and sales teams to ensure successful product launches and member adoption.

Team Leadership and Development:

  • Mentor and lead a team of product owners, analysts, and other team members to deliver high-quality banking solutions.
  • Foster a culture of innovation, collaboration, and continuous improvement.

Job Type: Contract

Pay: $65.00 - $70.00 per hour

Experience:

  • Core Banking Products: 9 years (Required)

Work Location: In person

Salary : $65 - $70

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