Vice President, Banking Product Strategy

Piper Companies seeking a Vice President Consumer Banking Product Strategy leader to join our team. This role is responsible for driving overall product design, marketing initiatives, operating expense management, and digital experience for product offerings including autos, personal loans, and credit cards. This job opens for applications on 2/17/2025. Applications for this job will be accepted for at least 30 days from the posting date.

Responsibilities of the Vice President Consumer Banking Product Strategy Leader include:

• Lead and manage P&L for the Credit Cards portfolio, ensuring revenue growth, profitability, and cost efficiency.
• Deliver and execute product strategies that maximize profitability while delivering value to members.
• Monitor key financial metrics including revenues, expenses, and net interest margins, and make strategic adjustments to achieve business targets.
• Develop long-term product strategies focusing on market differentiation, competitiveness, and member value.
• Identify opportunities for product enhancement, new product offerings, and digital experience to meet evolving consumer needs.
• Collaborate with the marketing team in developing and implementing targeted marketing campaigns for acquisition, engagement, and retention.
• Leverage analytics and member feedback to continuously improve the digital experience and implement enhancements based on data-driven insights.
• Provide strategic direction to the product management team, fostering a collaborative and innovative culture that drives results.
• Serve as the liaison for product strategy discussions with senior leadership and stakeholders, presenting product performance updates, strategic initiatives, and growth opportunities.

Qualifications for the Vice President Consumer Banking Product Strategy Leader include:

• 15 years of experience in product strategy, product management, and P&L management, particularly in consumer lending.
• Proven experience in managing consumer products with strong financial acumen and focus on P&L accountability, with experience in credit cards preferred.
• Demonstrated experience in driving product growth through strategic pricing, marketing, and product development.
• Strong leadership, analytical, and communication skills, with the ability to influence and lead cross-functional teams.
• Experience in managing digital transformation initiatives and improving customer experiences in digital channels.
• Bachelor’s degree in business, finance, marketing, or related fields. MBA or advanced degree preferred.

Compensation for the Vice President Consumer Banking Product Strategy Leader includes:

• Salary $175,000 or contract rate $95/hr
• Comprehensive benefits package including medical, dental, vision, 401K, PTO, and holidays as required by law

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