A Business Banking Product Manager JD requires strategic product development, from ideation and roadmap creation to launch and lifecycle management for products like loans, credit, and digital platforms. Key responsibilities include conducting market research, collaborating with cross-functional teams (like engineering, sales, and operations), and managing the product backlog and key performance metrics. The role involves driving product innovation, enhancing customer experience, ensuring profitability, and aligning with business objectives.
Core responsibilities
- Product strategy and vision: Define the product strategy, vision, and roadmap based on market research and customer needs.
- Product development: Manage the entire product lifecycle, from ideation to launch, including defining requirements and creating prototypes.
- Cross-functional collaboration: Work closely with engineering, design, sales, marketing, operations, compliance, and risk teams to ensure successful delivery and integration.
- Market analysis: Conduct market research and competitive analysis to identify opportunities and define product positioning and pricing strategies.
- Performance monitoring: Track key product metrics, such as adoption, revenue, customer satisfaction, and reliability, to make data-driven decisions for optimization.
- Project management: Manage projects related to the product, including timelines, approvals, and launch plans.
- Customer focus: Champion the customer experience by identifying pain points, filling product gaps, and generating new ideas.
Key skills and experience
- Product management fundamentals: Experience in managing the entire product lifecycle, from strategy to launch.
- Banking and financial services knowledge: Familiarity with business banking products such as loans, credit lines, payment solutions, and digital banking platforms.
- Analytical skills: Ability to analyze data, track metrics, and use findings to inform product decisions.
- Technical understanding: Experience working with engineering and design teams, understanding development methodologies like Agile/Scrum, and a passion for technology.
- Strategic and business acumen: Ability to develop long-term strategies, manage P&L, and understand the business impact of product decisions.
- Communication and leadership: Strong ability to build buy-in for the product vision and act as a product evangelist both internally and externally.