Sr Product Manager – Consumer Savings
| Company | BECU |
|---|---|
| Location | Washington, USA, Oregon, USA, Texas, USA, South Carolina, USA, Georgia, USA, Arizona, USA, Idaho, USA |
| Salary | $152300 – $186100 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Bachelor’s degree or equivalent work experience in a technology, business, or related discipline required.
- Minimum 7 years of product management, product development, product operations, or equivalent experience.
- Experience working with savings deposit products.
Responsibilities
- Define and Lead Product Vision: You’ll create and own the strategic direction for one or more complex products, setting the foundation for long-term success within a business function.
- Drive Strategic Decisions: Guide decision-making processes for products by aligning them with organizational goals and business strategy, ensuring every move adds value.
- Own End to End Product Strategy: Develop, own and manage full end to end strategy for consumer savings portfolio (account acquisition, retention and new feature enhancements)
- P&L Responsibility: Accountable for P&L (cost allocation/expenses), establishing and driving savings unit growth and A/B testing etc
- Product Expertise and Innovation: Demonstrate understanding of the importance of balance growth and retention, with new innovative ways to bundle and enhance services to meet members needs and financial objectives
- Manage End-to-End Product Flow: From research to design to delivery, you’ll manage the entire lifecycle of the product, ensuring smooth transitions and effective outcomes across all stages.
- Prioritize and Set Release Goals: You will manage and prioritize product releases, ensuring key deliverables are met while balancing multiple product initiatives.
- Track and Analyze Product Performance: You’ll define and track performance metrics, using data to measure effectiveness and continuously refine products to achieve desired business outcomes.
- Communicate Across the Organization: Present ideas and data-driven insights to all levels of the organization, fostering understanding and alignment on product goals and direction.
- Incorporate Insights and Refine Roadmaps: Capture feedback and lessons learned to adapt the product vision, ensuring continuous improvement and responsiveness to evolving needs.
- Own Product Lifecycle: You’ll take full ownership of your product throughout its lifecycle, ensuring all aspects are managed effectively and continuously evolve with market trends.
- Build Vendor Relationships: Manage and nurture relationships with external vendors, ensuring they are aligned with our product goals and contribute to successful outcomes.
- Collaborate Across Ecosystems: Work closely with internal teams and external partners to ensure seamless execution and alignment with business capabilities.
- Stay Ahead of Industry Trends: Monitor the latest trends and apply industry knowledge to keep our products relevant, competitive, and aligned with the voice of the member.
- Understand Member Needs: Infuse member insights into your product development process, ensuring that every decision made resonates with and meets the needs of our members.
- Manage Product Financials: Oversee product budgets, approve expenses, and ensure financial objectives are met to maintain product profitability.
- Share Information Across Teams: Foster a culture of transparency by effectively sharing information and knowledge across all levels of the team.
- Provide Leadership and Mentorship: Offer guidance, support, and mentorship to team members and other stakeholders to cultivate a high-performing, collaborative culture.
Preferred Qualifications
- Advanced degree.
- Experience working in agile an environment.
- P&L management and/or finance experience.
- Experience creating executive level power point presentations and gathering key stakeholder updates.
- Strong analytical skills to take raw data and build a compelling business case or story.
- Experience running large complex projects with multiple stakeholders in a matrixed organization.
- Experience developing and launching promotions, campaigns and new offers to drive member acquisition and retention goals.
- Previous experience overseeing all elements of the product development lifecycle.
- Self-directed and able to proactively identify business and customer needs and opportunities, overcome barriers, influence, and formulate solutions with minimal supervision.
- Previous experience determining product marketing strategies based on voice of the member (customer).
- Experience managing and maintaining vendor relationships.