Amalgamated Bank · 6 hours ago
Senior Product Manager
New York, NY
Full-time
Remote
Mid, Senior Level
$120K/yr - $130K/yr
3+ years exp
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Responsibilities
Serve as Payments and Treasury Management SME and product owner across Amalgamated Bank’s Consumer, Commercial, and Trust businesses. Product set includes ACH, wire, Lockbox, RDC, etc.
Partner with key business stakeholders on product positioning and key business strategies.
Drive pricing optimization initiatives including Commercial product repricing and billing effectiveness
Promote an environment that supports social responsibility, diversity and reflects the missions and values of Amalgamated Bank.
Ensure compliance with all Bank policies and regulatory standards.
Identify client needs and end-to-end client experience for all bank-wide Payments and Treasury Management products.
Responsible for understanding the Bank’s niche market and competitive landscape.
Identify new and emerging Payments industry and technology trends.
Implement end-to-end Payments and Treasury Management related product development and enhancement initiatives.
Execute revenue initiatives to increase product revenue and profitability in line with the Bank’s core values and mission.
Develop rigorous business case for all new Payments and Treasury Management product development and enhancements.
Identify, evaluate, and implement measures to improve product performance, profitability, and competitiveness in line with the Bank’s core values and mission.
Define grounded, rigorous business requirements in conjunction with cross functional teams.
Develop key product features & functionality considering return on investment and client needs.
Manage Payments and Treasury Management product profitability throughout life cycle.
Work with Technology, Operations, Risk, Business, PMO and other internal and 3rd party resources to effectively adhere to Product Lifecycle Process.
Manage and improve related product vendor relationships, as they pertain to product development, functionality, and economics.
Partner with Marketing and other key stakeholders on Payments product campaigns, collateral, and communication.
Provide ongoing Payments product training to internal and external clients to ensure clear understanding of product value proposition.
Oversee development of product documentation, FAQs, and reference materials for internal and external audiences.
Qualification
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Required
Bachelor’s degree or equivalent experience
Strong analytical approach, comfortable with modeling, and ability to draw conclusions and insight, as well as provide business and product recommendations based on analysis
Minimum 3-5 years in a direct product management and/or management consulting role
Minimum 3-5 years of related experience in Commercial Banking or Treasury Services, a strong understanding of Commercial & Payments product offerings preferred
Ability to work effectively as part of a team to drive projects and deliverables
Excellent communication skills, ability to manage internal and external relationships effectively and articulate complex solutions to both internal and external stakeholders
Strong planning and project organizing skills
Demonstration of initiative and innovation to resolve issues rapidly
Fluency in Microsoft Office including advanced Excel
Stellar written and verbal communication skills
Commitment to seeking opportunities for improvement and ability to achieve results despite challenges
Comfortable working from home, and working remotely
Need to be able to use technology remotely, connect to networks, use applications remotely
Need to be willing to collaborate, network, and building relationships remotely
Preferred
Strong understanding of Commercial & Payments product offerings
Company
Amalgamated Bank
For nearly a century, Amalgamated Bank has been America’s Socially Responsible bank supporting thousands of people, organizations, causes and businesses.
Founded in 1923New York, New York, USA
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Keith Mestrich
Retired President and CEO
Sam Brown
Senior Executive Vice President, Chief Banking Officer
Recent News
Simply Wall Street
2024-04-28
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2024-04-28
2024-04-28
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