Truist
Senior Product Development Manager
Charlotte, NC
Oct 26, 2024
Full-time
Full Job Description

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

This leadership role focuses on shaping and delivering Truist Financials’ strategic payment products. The Senior Development Product Manager will leverage deep industry knowledge and systems expertise to oversee and guide stakeholders. The role emphasizes synergy with peer digital and rails product managers to align with enterprise payment product objectives.
• Manage both strategic and tactical aspects of consumer and small business digital payment products, ensuring adoption and usage through clearly defined KPIs.
• Oversee the entire product lifecycle, including ideation, development, management, marketing, communication, commercialization, profitability, and risk management.
• Provide subject matter expertise to drive the development and delivery of innovative payment solutions that meet client needs.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Develop and execute product strategy: develop and cultivate strategy designed to deliver market-differentiated solutions for Digital Payment Product Line up including, products, features, platform solution(s). Ensure fit of solutions to serve clients according to Truist strategy and in a seamless continuum; play a leadership role in building awareness and education of products with internal teams; consolidate and develop short and long term roadmaps for product suite(s) and future product development.
2. Develop and commercialize new solutions: play a leadership role within the team in driving execution of programmatic changes impacting multiple products and partners. Drive consolidation and direction for prioritization, business cases, business & functional requirements, project management, operational readiness.
3. Manage profitable client focused solutions throughout life cycle: continually evaluate and monitor programs focusing on performance and profitability of payment solutions. Establish program success measures and post-launch performance to adapt as necessary.
4. Build and cultivate relationships within Broader team: engage, partner, and collaborate across a highly matrixed set of internal cross functional partners, stakeholders, payment based business partners that are often within a different reporting line of business, as well as applicable third party partners. Consult with Senior Leadership and Executive Management in design, pricing and implementation of solutions
5. Successfully navigate evolving industry landscape: monitor competitors (bank and non-bank) to report on developing trends and potential impact. Use client, analytic, and industry sources to identify portfolio gaps and generate incremental revenue opportunities. Support participation/representation in select industry groups as applicable.
6. Ensure effective regulatory, legal, compliance, change, and quality management: meet needs of our customers while adhering to all product policies and regulations ensuring all legal, compliance, and audit standards are fully met.QUALIFICATIONS
Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Business or related field, or equivalent education or related training
2. 7+ years of product management, finance, marketing, and strategy experience within financial service, or Digital payment product organization
3. Proven experience managing product portfolios (Banking, online or mobile banking, Digital payment products)
4. Advanced project management, priority setting, execution, communication, presentation, business acumen
5. Experience with digital payment processing/networks and/or electronic payment systems as well as related infrastructure and emerging technologyPreferred Qualifications:
1. Master's degree or equivalent education and related training
2. 10+ years of product management, finance, marketing, and strategy experience within financial service, or payment organization
3. 5+ years proven experience managing highly complex digital payment product portfolios The Clearing House Real Time payments, ACH, Wires, Early Warning system - Zelle.
4. Completion of an advanced banking school program

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify

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Job Information
Job Category:
Administrative and Clerical
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Senior Product Development Manager
Truist
Charlotte, NC
Oct 26, 2024
Full-time
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