What are the responsibilities and job description for the Deposit Products Manager position at TwinStar Credit Union?
Description
To Apply visit : https://nwcu.breezy.hr/p/a90cd9cd33e1-deposit-products-manager
Invest in People. Empower Success
Status
Full-Time Regular, Exempt
Deposit Products Manager
Pay Range
The full pay range is $85,700 - $130,300.00 annually. Depending on experience and qualifications.
Applicants are encouraged to apply by August 15th, 2023 5:00 PM PST.
Northwest Community Credit Union, a division of TwinStar Credit Union is seeking a Deposit Products Manager to join our team! This position develops, implements, manages, and analyzes performance of deposit products while collaborating cross-functionally to ensure compliance, system requirements and pricing. Ensures products align with Credit Union strategies while identifying opportunities and risks. Evaluates product performance and ensures competitive positioning within the market.
Visa sponsorship not available.
Contact us at 800.258.3115 with any questions or request for accommodation.
Requirements
ESSENTIAL FUNCTIONS AND TASKS
- Develops and executes strategies for managing new products and product enhancement.
- Manages implementation of new deposit products and services, as well as product recalibration through the coordination of cross-functional teams.
- Monitors and analyzes market conditions, consumer and business product performance, competitor information and user feedback to ensure the right feature set and to identify new business opportunities and products while assessing risk.
- Develops consumer and business deposit product functionality and features (e.g., system requirements, pricing) and a roadmap for future features and enhancements.
- Understands and tracks budget impact, including cost structure, product financials, revenue impact and product profitability for cash management and deposit products.
- Collaborates with key partners and Pricing Committee to identify and set priorities for fee development/modifications, pricing, and positioning.
- Coordinates with Marketing for product promotions and materials.
- Compiles analytics and evaluates the effectiveness of deposit products, programs, and overall product performance. Utilizes analytics to develop strategy and project plans and prepares data for presentation.
- Manages ACH Origination, including vendor management, pricing, and risk assessment.
- Monitors and evaluates compliance, regulatory and legal changes related to deposits that may affect products, services or fees.
- Evaluates profitability of deposit products to include account contribution and cost of funds.
- All other duties as performed.
Education & Experience Required:
- High School Graduate or GED
- 5 years’ experience in financial services product development and management required.
Education and Experience Preferred:
- Bachelor’s Degree in Business Administration, Finance, or related field or equivalent combination of experience and education.
Benefits
Employees (and their eligible family members) are eligible to enroll in a generous benefits package including health, vision, dental, life and AD&D insurance. Employees will also receive company provided life, AD&D, and long-term disability coverage and after 60 days may participate in the company’s 401(k) retirement plan where the company matches an employee’s contributions at 150%, up to 5%, after one year of service. Additionally, employees will receive up to 11 paid holidays throughout the calendar year, a minimum of 12 days of paid time off (PTO) each calendar year, and 13 weeks of paid leave used when on an approved state or federal protected leave or in compliance with company policy.
The hired applicant will also be eligible for role specific variable compensation in accordance with the established plan documents.
EEO Statement
Northwest Community Credit Union, a division of TwinStar Credit Union, is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.
To Apply visit : https://nwcu.breezy.hr/p/a90cd9cd33e1-deposit-products-manager
Salary : $85,700 - $130,300