Fifth Third Bank

Sr. Treasury Management Product Manager

Fifth Third Bank  •  United States (Onsite)  •  10 days ago
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Job Description

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GENERAL FUNCTION:

Key position responsible for Bancorp product sales growth and continued development and enhancement of commercial payment products. Responsible for product financial management inclusive of revenue forecasting, margin analysis and pricing strategy. Continued management and support of existing products, new product development, in-depth knowledge of products, and support of sales initiatives through product training and joint customer calls. Development of customer education and customer focus programs for new and existing product initiatives. Perform role of liaison between several areas of the bank, including Sales, Operations, IT, Legal, Audit, Legal, and Risk. Identification of risk associated with product lines and contribution to process development and management to minimize risk. Support of delivery by contributing to the definition of quality control standards and work process procedures. Works under minimal supervision. Rarely requires feedback or guidance on Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Drive Bancorp Sales for Product(s) within the Commercial Payments Product Line.
  • Cross-trained in all functions within group.
  • Increase Bancorp product sales and revenue growth year over year.
  • From time to time participate in Client/Prospect calls.
  • Implement and track Product Blitz/Campaigns.
  • Perform business forecasting and modeling.
  • Generate qualified lead list (cross-sell, new prospects, etc.)
  • Subject Matter Expert (SME) for all Products within the Product Group Team.
  • Track sales and revenue growth.
  • Conduct client seminars.
  • Product development and enhancement.
  • Develop strategy plan and product plan to meet revenue and market share goals.
  • Identify and prioritize product development opportunities.
  • Deploy products to market w/in time frame and budget established.
  • Provide product/sales consultative role on projects.
  • Product introduction to market.
  • Vendor selection and relations; contract negotiations (Business partners DP & Ops).
  • Market research and analysis.
  • Maintain and enhance knowledge, current and evolving concepts, practices, processes, laws/regulations, and technologies in financial management.
  • Conduct market segment studies - product development Understand and analyze competition in all Affiliate Markets.
  • Perform market forecasting.
  • Understand Buying Habits and Characteristics of Clients.
  • Peer Group Analysis and Discussions.
  • User Group Participation and Leadership.
  • Attend User and Vendor Conferences.
  • Internal Communication w/Affiliates.
  • Product Announcements.
  • Sales Forums and Roundtable Discussions.
  • Development and distribution of sales tools, product agreements, quality surveys.
  • Set market delivery expectation of quality and timeliness factors. Establish agreed upon quality indicators with Operations for product delivery.
  • Monitor product performance against established quality factors.
  • Follow-up on progress of resolution for quality service issues

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Undergraduate degree in business or finance required.
  • MBA or advanced degree preferred.
  • 7-10 years' experience in Commercial Card Product Development, Sales or Operations.
  • 7-10 years' experience in Product Management with an emphasis on sales, delivery of products to market and profitability management.
  • Experience working in matrix management and multi-site environments.
  • Collaboration and relationship management skills required.
  • Knowledge/experience with designated product(s) assigned.
  • Understanding of current industry trends and issues as they relate to the designated product line assigned.
  • Priority management and time management skills.
  • Extensive experience/ability to influence and negotiate with individuals outside span of control.
  • Excellent interpersonal, written and verbal skills as individual interfaces with all levels of management.
  • Strong analytical, financial and strategic skills.

Sr. Treasury Management Product Manager

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Fifth Third Bank

About Fifth Third Bank

At Fifth Third Bank, everything we do is rooted in our purpose: to improve the lives of our customers and the well-being of our communities. Since our founding in 1858, we’ve been committed to creating a better financial experience by empowering our customers and clients to achieve what matters most.

Our unified strength is grounded in the individual passion and diversity of more than 20,000 employees who work collaboratively to deliver a better tomorrow to everyone we serve. We offer a strong culture, opportunities for growth 401k match, wellness options, comprehensive insurance plans and additional resources you need to build a lasting and rewarding career path here.

Headquartered in Cincinnati, Ohio, we are among the largest money managers in the Midwest.

We operate four main businesses—Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management—and a network of financial centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. Consumers also have access to approximately 54,000 Fifth Third fee-free ATMs across the United States.

Fifth Third Bancorp is a diversified financial services company and is the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

Explore Fifth Third career opportunities at: https://www.53.com/content/fifth-third/en/careers.html

Fifth Third Bank, N.A., Member FDIC. Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. M/F/D/V

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Cincinnati, Ohio
Year Founded
Unknown
Website
53.com
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