About the role
Job Description Summary
Job Description
Summary of the Position:
The Senior Product Manager – Deposits & Liquidity is responsible for full lifecycle of product management across the Bank’s liquidity, treasury management, and deposit product portfolio.This includes product assessment, design, development, and implementation, and working with the SVP, Change and Product Management Officer on new market and product opportunities within a sound risk and compliance framework.
Primary Functions of the Position:
- Works closely with bank customers, prospects, and the sales organization to understand the competitive market landscape and client needs, to build a full product strategy and roadmap
- Develops business cases and make recommendations regarding product life cycles, additional features, technology design, and pricing strategy
- Oversees and executes delivery of new product, service, and business initiatives
- Leads projects and coordinates with other departments to bring new products to market; Acts as a central quarterback, collaborating with teams in Technology, Operations, Sales, Finance, Risk, Compliance and Legal
- Balances resources, capacities, constraints, and opportunities among functional areas within the company to achieve the best and most effective execution/result for all stakeholders
- Ensures that each product can be effectively marketed and meets all compliance/risk management requirements
- Manages existing product portfolio to ensure the Bank continues to deliver on expectations throughout customer lifecycle; provides continual value to clients
- Continually monitors customer, market, and internal feedback to identify product opportunities and challenges
- Serves as the voice of the customer on product decisions according to the ‘customer-first’ guiding light
- Construct and present product reviews at both New Products Committee (NPC) and non-NPC reviews, and manages follow-up items from the various reviews
- Lead or co-lead various assigned projects from the Product Department
Education and Experience Requirements:
- Bachelor’s Degree in relevant area of study required; MBA preferred
- Minimum of 10 years of work experience in commercial banking
- Minimum of 5 years of work experience in product development or product management
- Minimum of 5 years of experience in Treasury Management/Deposits or a related field.
- Experience in a B2B industry preferred
- Experience building and implementing new banking products and solutions
- Experience with banking regulations and compliance frameworks is a plus
Essential Skills and Abilities:
- Strong leadership skills and demonstrated ability to work effectively across the organization
- Excellent communication and presentation skills
- Excellent organization and planning skills
- Strong business and financial analytical skills to conduct profitability analysis on new and existing products
Education
Work Experience
Certifications
Travel
Workstyle
ResidentAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Skills & Tags
Aplyr's read
Raymond James is a diversified financial services firm known for its robust compliance culture and personalized client service, attracting professionals in finance, compliance, and technology.
What's promising
- •Raymond James offers a strong compliance framework, appealing to professionals focused on regulatory adherence.
- •The firm provides diverse career opportunities across finance, technology, and operations.
- •Raymond James emphasizes personalized client service, enhancing client satisfaction and employee engagement.
What to watch
- •The financial services industry faces high regulatory scrutiny, impacting operations.
- •Competition from larger firms may limit growth opportunities.
- •Economic downturns can affect investment banking and asset management revenues.
Why Raymond James
- •Raymond James is known for its conservative financial management and stability.
- •The firm maintains a strong regional presence, particularly in the Southeast U.S.
- •Raymond James emphasizes a client-first approach, differentiating it from larger competitors.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Raymond James
Raymond James Financial, Inc. is a diversified financial services company that provides investment banking, asset management, and financial planning services.
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