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Municipal Credit Union · 17 hours ago

Vice President, Product

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$175K/yr - $225K/yr

10+ years exp

Municipal Credit Union is committed to providing affordable financial products and services for over 600,000 members. The Vice President of Product will lead the development and enhancement of financial products, ensuring they align with the organization's strategic goals and meet member needs.

BankingFinanceFinancial Services

Responsibilities

Oversee the design of new and innovative financial products and services, including product/service enhancements, ensuring they align with our strategic goals and member needs

Develop, implement, and monitor product strategies that align with the MCU’s overall goals and objectives

Maintain a deep understanding of industry trends and apply this knowledge in creating products that serve our members effectively

Manage and coordinate working with multiple Agile teams delivering product changes or builds in partnership with lead technical engineers

Utilize data-driven insights to drive product feature choices and optimization. Analyzes market trends and demographic data concerning members and potential members. Research member needs and attitudes support organizational goals

Oversee the creation, maintenance of current product features and pricing to ensure consistent brand identity across all products and services

Prepare reports and analyses on assigned products/product lines and present to Senior Leadership on a regular basis. Focus of reports/analyses may be market or competitive issues, special economic and risk factors, pricing, product strategy, profitability, etc

Review product performance on a regular basis for all assigned products. Monitor development activities relating to meeting product objectives, budget, quality standards and schedule

Participate in product evaluation across business lines; provide recommendations for changes and revisions as required

Fosters and maintains good relationships with teammates to ensure that processes are integrated to support expected member service levels. Acts as business partner by managing expectations and providing guidance and advice regarding assigned product

Perform other related duties as requested and special projects as assigned

Qualification

Product development lifecycleFinancial services experienceData-driven insightsLeadership skillsMarket researchAnalytical skillsAgile methodologyRelationship managementCommunication skillsProblem-solving skillsOrganizational skillsTeamwork

Required

Bachelor's Degree in management, technology, marketing or similar required

10+ years of proven management experience in banking or financial services

Demonstrated relationship management and leadership skills with a superior ability to make things happen through the use of influence and negotiation with all levels of management

Strong reporting, decision making, analytical and problem-solving skills

Highly flexible and able to quickly adapt to changing priorities

Highly organized, self-motivated, member oriented and able to proactively work independently as well as within a team

Demonstrated success in planning, organizing, leading people and activities

Ability to motivate, direct and coach staff

Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail

Technologically proficient

Proven ability to manage change

Capacity to take calculated risks and innovate

Experience in setting vision and strategy

Lead by example and encourage team in developing adaptability

Successful in communicating effectively