Product Manager III Treasury Management Solutions

TECHNICAL PRODUCT MANAGER III TREASURY MANAGEMENT SOLUTIONS

WHAT IS THE OPPORTUNITY?

The Product Management function includes the following responsibilities: Develops, manages, and owns products and programs that support corporate defined strategies and initiatives and contribute to the bank's competitive edge in the marketplace. Creates new products to increase market share. Develops and enhances strategic products to meet the bank's profitability goals. Provides direction and support relative to product design, enhancement, research, pricing/fees/profitability, implementation, analysis, reporting and performance. Product Management is an ongoing cycle. It begins with analysis of needs and opportunities, leading to product development. Once the product is developed, colleagues must be trained, policies and procedures developed, pricing and positioning established, and marketing materials created. Subsequently, product tracking occurs, followed by analysis and recommendations to enhance the product to provide better service to clients or to be more competitive in the marketplace. Product Management coordinates and manages the formulation and implementation of all activities for a specific product or product line from conception to marketplace; performs economic and market research and analysis; provides product documentation and training; and serves as technical advisor on matters concerning the designated product and/or product line.

What you will do

1. Manage assigned products/product lines.
2. Identify, evaluate and implement measures to improve product performance, profitability, competitiveness and accountability.
3. Identify, evaluate and implement opportunities/needs for product enhancement and development.
4. Prepares reports and analyses on assigned products/product lines and presents to Bank Management on a regular basis.
5. Keep up to date on competition, regulation, marketplace, and internal and external issues related to assigned products.
6. Develops information materials on product features, benefits, requirements, pricing and services, and prepares and executes training seminars as needed.
7. Review product pricing on an annual basis for all assigned products.
8. Monitors development activities relating to meeting product objectives, budget, quality standards and schedule.
9. Recommends and implements programs to minimize costs, ensure optimum output and maintain quality.
10. Participates in product evaluation; provides recommendations for changes and revisions as required.
11. Serves as product expert for a variety of issues.
12. Manage Product Management portion of acquisition conversions.
13. Represents the Bank by actively participating in outside civic and community affairs.
14. Fosters and maintains good relationships with colleagues.
15. Maintain a current awareness and understanding of appropriate banking laws, regulations, internal policies and procedures.

Must-Have*

• Minimum 5 years of product management experience required.
• Minimum 3 years of banking experience required.
• Minimum 3 years of experience managing medium to large projects required.

Skills And Knowledge

• Excellent project planning and managerial skills are required.
• Extensive industry/business knowledge necessary.
• Displays creativity when designing solutions to problems.
• Colleague typically has five to eight years related experience with over two years managing an extensive project(s) and/or large team(s).

Compensation

Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

To be considered for this position you must meet at least these basic qualifications. The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification.

Benefits And Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

About City National

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.