Sr. Manager, Consumer Deposit Products

Alliant Credit Union · Chicago, IL

Company

Alliant Credit Union

Location

Chicago, IL

Type

Full Time

Job Description

Start a Rewarding Career with Alliant
In this role, you will manage deposit and transactions by developing and maintaining a comprehensive roadmap to build competitive, profitable deposit products that support the member experience. Develop a comprehensive go-to-market strategy for deposit products including product acquisition, retention, engagement, and multi-product. Responsible for competitive intelligence, member experience improvement, and product reporting.
Responsibilities

  • Own consumer deposit product suite as governed by regulations, terms, conditions, and financial value
  • Develop robust product roadmaps designed to provide financial value to members and attract new members
  • Seek and develop opportunities to improve member experience and reduce friction
  • Assess marketplace competition around product offerings, pricing, and experience. Create product pricing strategies based on competitive analysis, costs, and balance sheet and present to leadership for alignment
  • Identify opportunities for product revisions and for new products based on market input and competitive assessments
  • Develop product specifications and identify required resources for development
  • Partner with other areas such as plastic card operations to ensure operational excellence and expected member debit & payment experience
  • Partner with other teams such as marketing to develop and execute deposit and member growth marketing campaigns
  • Ensure disclosures and marketing materials are compliant with relevant regulations
  • Provide ongoing monthly and annual reporting and analysis for the portfolio
  • Prioritize a backlog of deposit product enhancements against member feedback and market conditions
  • Maximize financial performance of the deposits and new member growth
  • Develop annual business plan direction for deposits and assigned
  • Maintain a current knowledge of changing legislation and regulatory climate and recommend changes to products and services
  • Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisions


Qualifications
Education:

  • Bachelors Degree - Marketing or Related - Minimum
  • Graduate Degree - Marketing or Related - Preferred


Years of Experience:

  • 7 years, Marketing, product management or related
  • 3 years, People Management
  • 3 years, Deposit product management - Preferred


In Lieu of Education:

  • 10 years, Marketing, product management, deposit product management including people management


You will benefit from:

  • Competitive medical, dental, and free vision benefits
  • Paid parental leave
  • Competitive compensation plan
  • Gym memberships discounts
  • Generous PTO and banking holidays off
  • Tuition reimbursement
  • 401k with immediate employer match and vesting


Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

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Date Posted

03/12/2024

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