Job Title: Product Manager, Business Liquidity - Commercial
Location: CityScape
What you'll do: This Product Manager of Business Liquidity will be responsible for contributing to the vision and strategic direction of assigned product suite. This role will drive engagement with internal stakeholders to identify market opportunities to secure and align product suite. Additionally, this role will use critical skillsets and experience that include end to end product discovery and delivery, data driven decision making, ROI assessment, P&L Management, and ability to remove barriers.
You will be instrumental in reviewing current product suite offerings for liquidity solutions and recommending additional products and updates to products.
This role will contribute to the tactical product roadmap for your product suite while also communicating rationale to internal business leaders.
What we are looking for:
Direct responsibility for the strategic current and future roadmap for assigned product suite. Partner and collaborate with cross functional team members in Sales, Project Management, Compliance, Marketing, Legal, IT, Client Services and Senior Management to break down barriers and remove potential delays to ensure initiatives navigate forward. Stay current with industry news, vendor products in development, competitor analysis, and fintech solutions to discover and validate market opportunities, analyzing the competitive landscape and make data driven decisions. Responsible for managing liquidity risk review and risk mitigation effort of assigned product suite. Responsible for the full lifestyle management of assigned products including development, maintenance, enhancements, and exit. Performs market research to monitor trends and make relevant recommendations to assigned product suite. Develop business cases, obtain approvals, monitor results and effectiveness of service delivery, andperform ongoing analysis as required. Develop and distribute appropriate communication and performance reporting to stakeholdersandmanagement. Responsible for ensuring product suite is compliant with applicable banking laws and regulations. Develop and apply understanding of performance, revenue, cost drivers, and opportunities for improvement. Deliver healthy product(s) profit margin and revenue growth for assigned products. Manage cross-enterprise matrixed teams for assigned products to create and manage business cases, measure ongoing service levels and profitability, and deliver an excellent customer experience. Develop and distribute appropriate communication to stakeholders. Develop and distribute management reporting Stay current with consumer regulations and regulatory compliance changes.
Qualifications
Bachelors Degree is required 3+years of experience as a Product Manager within Banking or in Financial Services, or Financial Technology industry experience is required 5+ years of experience in Banking or in Financial Services Conceptual / strategic aptitude required Significant work experience required with business liquidity solutions for clients of all sizes (small business, SMB, Commercial, and Large Corporate): Business DDA, MMA, Savings with Interest, Investment Sweeps, ZBAs, Credit Sweeps, Escrow Sub Accounting, IOLTAs, Money Market Funds, Off Balance Sheet Liquidity Options, Bundled Account Packages, Earning Credit Rates, Interest Rates, Account Analysis. Data Analytics Experience preferred with liquidity solutions. Asset Management experience preferred in addition to global liquidity solutioning experience with virtual account management and digital liquidity platforms, strongly preferred. (Digital Asset Management experience is a plus!) Experience creating training materials, communications, and presentations for senior executives and sales teams required. Experience with billing for analyzed and non-analyzed business accounts is required.
Prior experience in developing and launching new products, strongly preferred Cash Management Product experience strongly preferred Experience working with innovative and emerging technology and understanding of its current/potential impact on the traditional banking space strongly preferred Experience with vendor management required Ability to work successfully in a very rapid and ambiguous environment Experience with FIS and Fiserv systems not required, but strongly preferred Excellent analytical, organizational, communication, presentation, time management, and collaborative skills required Extensive experience with Microsoft Office Suite (Excel, Outlook, Powerpoint, Visio) required
Benefits you'll love: We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career! About the company: Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process. Western Alliance Bancorporation
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