Senior Director Product Management

Demand Deposit Accounts (DDA)

Prepaid Program Manager
Take control of this newly launched Demand Deposit Account (DDA) product line as you lead the strategy and key growth initiatives for this Prepaid FinTech company. Your deep experience in the retail banking industry will help you to define a clear strategy for winning in a marketplace defined by shifting consumer expectations and the rise of disruptive technology platforms - with an awareness of the strategies employed by new industry entrants “neo-banks” and “challenger banks.” This is a key leadership role that requires a strongly collaborative individual. You will be working closely with senior leadership team to drive and monitor the performance of this critical product line as well as interfacing directly with the issuing bank to ensure product compliance. If you have the proven expertise to drive P&L performance and a winning roadmap, this could be the job you are looking for.

 Key Responsibilities:

  • Drive the market success of the product line, making strategic course corrections as needed
  • Collaborate with distribution channel leaders to define product line evolution, including virtual/digital product variants
  • Provide leadership for a team of senior product managers
  • Lead the development of the long-term product roadmap for DDA
  • Define clear-data-driven business cases for new products within the line
  • Support effective day-to-day product lifecycle management for In-market products
  • Define KPI’s, dashboards, and management reporting for the line; be the internal expert on all product line operational metrics
  • Collaborate with legal, compliance, and banking relations teams to ensure that all products are compliant; be the expert in all regulatory factors for product line success
  • Define clear business requirements for implementation by technical PM teams
  • Act as product thought leader/evangelist during enterprise sales efforts and at key industry events
  • Work closely with the technical product management team to launch successful product enhancements
Ideal Background:

  • Bachelor’s degree in economics, finance, statistics or business; MBA preferred OR comparable work experience
  • 10 years product management experience, preferably as owner of a product line P&L
  • Demonstrated success driving the commercial performance of a financial/payments product
  • Ability to quickly assess product/market fit; identify new segments of opportunity; and otherwise lead growth initiatives
  • Demonstrated success presenting to client prospects and supporting key business development efforts
  • Experience managing credit, savings, overdraft, and/or risk products at a payments/banking/financial services organization. Retail banking experience preferred.
  • Top-tier communication skills – high level of comfort interacting with C-level leaders, both internal and external
  • Strong negotiation, leadership, and written and verbal communication skills, and experience working in a collaborative team environment.
  • Ability to travel at least 20%
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R&P Group is an executive search firm specializing in credit card recruiting, commercial credit card recruiting, payment processing recruiting, fintech recruiting, card sales recruiting, and prepaid card recruiting. R&P Group's relationship-oriented approach, due diligence and personalized service have led to many long-term clients, both with employers and candidates. R&P Group is based in Sioux Falls, SD and has clients all over the United States.