Group Product Manager - Small Business High Value Product

Group Product Manager – Small Business High Value Product - 180003174
 

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

 
The Small Business Credit Card group at US Bank does more than provide credit cards to small business owners. It is a place to explore potential and push the boundaries of what can be. We look for people who can grow, think, dream and create. Our team seeks achievers who bring their strengths and passion to work every day to help our customers and company flourish.
As part of the Small Business Credit Card division, the Group Product Manager for High Value Product will be responsible for managing profitability and growth for this segment.  High Value Product Manager will help drive strategies to accelerate how we attract, grow and retain high value customers.  Successful candidates should be goal oriented and should desire successful outcomes.
Key Responsibilities:
  • Drives strategy and develop growth plans for Small Business High Value Product.
  • Execute new product launch for High Value Product.
  • Partners across business lines, informs and influences key product decisions.
  • Develops marketing plan and product line objectives; including strategy and tactics; ensuring consistency with organization and business line objectives and goals and meeting product profit and growth goals.
  • Manages design, development, implementation and enhancement of new High Value Product as well as ongoing management to support organization and business line objectives.
  • Analyzes, tracks and is responsible for product growth, profitability and contribution, including spend, pricing and fees.
  • Manages the development and maintenance of competitive analysis and market research of competing products and services to identify customer needs and trends.
  • Creates strategy for development of collateral material, advertising, promotional programs, sales training programs, operational procedures and systems requirements to ensure that sales departments are provided with appropriate sales, merchandising and administrative tools.
  • Reviews strategic product and market perspectives; evaluating long term effects and anticipating changes.
  • Reviews risk data related to product line(s) and ensures risks are effectively monitored and managed.
  • Ensures products meet state and Federal regulatory requirements and coordinates legal review of all supporting collateral materials and documentation.
 

Qualifications

 

Basic Qualifications

  • Bachelor's degree, or equivalent work experience
  • 10 or more years of product management experience
  • Four or more years of managerial experience
Preferred Qualifications
  • Bachelor’s degree or equivalent and a minimum of ten or more years of related experience
  • Strong product management, design and development skills
  • Considerable knowledge of product/program development, pricing, implementation and strategic analysis
  • Excellent management, leadership and interpersonal skills
  • Advanced marketing and marketing research skills
  • Thorough knowledge of competitive market, operations and various products and services within assigned area
  • Well-developed verbal and written communication skills
  • Proven track record of driving innovation and change. Challenges the status quo, and supports risk taking through informed judgment.
  • Results driver with strong will to win.
  • Strong financial and competitive analysis and PC skills
  • Project management expertise, with the ability to mobilize, drive and direct resources across the organization without direct reporting lines
  • Exceptional partner with an ability to collaborate with colleagues both within and outside the team.
  • Ability to work in a challenging and fast paced environment with humor and positivity.
  • A passion for helping small businesses flourish
 

Job

Product Management

Primary Location

Minnesota-MN-Minneapolis

Other Locations

Other Locations United States

Shift

1st - Daytime

Travel

Yes, 10 % of the Time

Average Hours Per Week

40