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Product Mgr I TMS

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Job ID TREA-11789 City Los Angeles State California Exempt/Non Exempt Exempt Shift Day Work Schedule 8-5
Job Details:
The Product Manager I ("PM I") for Treasury Management Solutions (TMS) is an entry level product management position responsible for a set of business products and services which serve small to medium to corporate size business market segments. The PM I supports a senior level product manager's product set, but also maintains his or her own smaller product set under the guidance of the senior product manager. Core responsibilities include product requirements and analysis, development and testing support, product operations and services support, and product documentation maintenance. The PM I works with a senior level product manager, services, sales, vendors and clients to continuously improve the product offering, servicing and analytics.
Responsibilities
  • Product management: maintain and continuously improve a product or set of products that balances client value and cost; analyze and report on program performance to bank management.
  • 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 pricing and positioning: develop pricing and positioning strategies to generate revenue, contribute to overall "brand" and differentiation, and extend relationship life.
  • Product marketing: develop information on product features, benefits, requirements, pricing and services, and plan campaigns with the marketing team.
  • 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.
  • Quality control: Accountable for appropriate quality controls for the products delivered, the service and support of the products and their operational processes.
  • Vendor management: if relevant to product ownership, 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
Basic Qualifications:
  • *Minimum 1 year of product management or business analyst experience required.
  • *Minimum 1 year experience managing medium size or larger projects or relevant experience
  • *Bachelor's degree required (Master's degree in Business preferred)
Preferred Skills and Knowledge:
  • Preferred candidate will be skilled in matrix and project management, macro and micro level thinking and analysis.
  • Financial services experience preferred.
  • Demonstrated experience forecasting product revenues and costs, and managing a product profitably within competition and vendor constraints
  • 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
  • Experience with Agile platforms preferred: Jira, Confluence, and TFS preferred
  • Excellent organizational, problem solving, analytical, planning, and scheduling skills.
  • Experience with managing medium to large projects preferred
*Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications.
City National Bank is an Equal Opportunity/Affirmative Action Employer, Minorities/Females/Individuals with Disabilities/Veterans
Note: This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Note: Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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