City National Bank · 1 day ago
Senior Product Manager - Integrated Receivables (Lockbox)
Los Angeles, CA
Full-time
Onsite
Mid, Senior Level
$111K/yr - $190K/yr
7+ years expCity National Bank is a subsidiary of Royal Bank of Canada, focused on providing financial services to businesses. They are seeking a Senior Product Manager for Treasury Management Solutions to oversee product strategy, development, and management, ensuring client satisfaction and compliance.
BankingFinanceFinancial Services
Responsibilities
Product Portfolio management: maintain and continuously improve a product portfolio that balances client value and cost; analyze and report on program performance to bank management
Financial management: keep track of costs and revenues, and project trends
Product strategy: develop strategic plans and business cases that promote new client acquisition and retention
Product development: identify product opportunities based on strategic objectives, client needs and market analysis for all business market segments
Product management: monitor, track and evaluate existing products, enhancing or eliminating as appropriate to improve performance, profitability and competitiveness
Pricing: optimize revenue via strategic pricing decisions
Product positioning: develop positioning strategies to generate revenue, contribute to overall 'brand' and differentiation, and extend relationship life
Product promotion: promote products as part of total relationship/segment offering
Product knowledge: Maintains excellent knowledge of assigned TMS products (strategy, industry trends, competition, operations, regulations, compliance, etc.) and the product management function, along with strong understanding of the bank's entire portfolio of products, how they fit together, how strategically positioned and sold
Client relationship support: works directly with clients in partnership with Sales teams in order to fully understand clients, client users and their needs, provide advisory services and gather product feedback
Product marketing: develop information on product features, benefits, requirements, pricing and services, and plan campaigns with the marketing team
Quality control: Accountable for appropriate quality controls for the products delivered, the service and support of the products and their operational processes
Vendor management: manage vendor service quality, costs and capacity to maximize client satisfaction, retention and profitability
Compliance: identify, communicate and coordinate efforts to mitigate product risk and ensure regulatory compliance
Culture management: Ensure that all City National products, financial solutions and services are provided ethically and with integrity in a manner that is consistent with the client-first values embodied in City National’s outstanding relationship service culture
Provides business direction to junior Product Managers and can be responsible for prioritizing and coordinating their work
Research and identify potential vendors
Qualification
Required
Bachelor's Degree or equivalent
Minimum 7 years of experience in product management, project management, financial management and/or vendor management
Minimum of 5 years of experience managing medium to large product projects required
5 or more years of Financial Services industry experience preferred
Must have a working understanding of design thinking, agile development and how to enable products and services through digital channels (online, mobile, etc.)
Must have excellent communication skills, both written and spoken
Must possess excellent public speaking and presentation skills
Must be skilled with financial modeling and knowledgeable of financial concepts
Must have ability to communicate at a strategic level with senior management
Must have desire to maintain knowledge through industry networking, constant research and understanding of products
Microsoft Office proficiency required: Outlook, Word, Excel, PowerPoint, and Visio
Excellent organizational, problem solving, analytical, planning, and scheduling skills
Preferred
Expereinced with integrated receivables (Lockbox) preferred
Preferred candidate will be skilled in matrix and project management, macro and micro level thinking and analysis
Demonstrated experience leading and delivering concurrent projects as part of a cross-functional team in a flat organization
Demonstrated experience forecasting product revenues and costs, and managing a product portfolio profitably within competition and vendor constraints
Experience with Agile platforms preferred: Jira, Confluence, and TFS preferred
Benefits
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Company
City National Bank
City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.
1001-5000 employees
H1B Sponsorship
City National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (76)
2024 (78)
2023 (145)
2022 (93)
2021 (107)
2020 (62)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Howard Hammond
CEO City National Bank
Fiyaz Khan
Senior Vice President, Structured Products
Recent News
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