Treasury Management Group Product Manager - Biller Solutions

 

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.

 
FUNCTION
U.S. Bank is seeking a highly effective and dynamic Biller Solutions Group Product Manager to lead a team in its pursuit of effectively delivering solutions to meet customer need in the fast-moving receivables space. Key products this group manages includes retail lockbox, wholesale lockbox, remote deposit capture and image cash letter. This highly visible and strategic role will collaborate with internal partners to drive an enterprise approach to solve key customer challenges in the area of remittance processing, exception management, and cash application. Success will be measured through profitable growth of the product portfolio which includes lockbox and remote deposit capture services, effective and proactive risk mitigation efforts, and demonstrable growth of team members.
 
Directly and through professional staff, oversees the strategic product management for a major product line or a group of related product lines in support of the organization’s goals and market needs. Responsible for meeting product profit and growth goals. Oversees the evaluation of market trends, product development, product position and pricing philosophy. Recommends revisions and enhancements to product lines to stimulate sales and meet objectives.
 
RESPONSIBILITIES
- Understands the fast-evolving world of Payments and Collections, specifically as related to electronic billing/payment and integrated receivables.
- An articulate leader with a passion for innovation and ability to influence people at all levels across a broad variety of job functions.
- A strategic thinker, who sees opportunities, builds and defends compelling business cases, finds and leads the right talent to build, launch, evaluate, and adapt new concepts quickly.
- Proven track record of successfully leading large, complex initiatives with quality results and building great teams to drive successful execution.
- Self-starter who can create winning partnerships across organizational boundaries and thrives in a busy, fast-paced work environment managing concurrent initiatives
- Lead a team in its pursuits to develop market leading solutions to solve key client challenges.
- Partner with internal constituents to synthesize a coherent product strategy and execution plan.
- Identify opportunity areas based on client needs and pain points to streamline payments and reporting experiences.
- Build a portfolio of client-tested ideas and lead the process for business case generation and resource prioritization to appropriately execute against such ideas.
- Assemble and deploy all elements of a new product or service including pricing, sales, target market definition, marketing, customer support model, etc.
- Foster and promote an optimistic, entrepreneurial culture, and drive the innovation cycle.
- Provide guidance, leadership, and mentoring to team members to foster growth and development.
 

Qualifications

 
REQUIRED
- An expert knowledge of the assigned business line and technical marketing skills.
- Very strong product management, design and development skills.
- Excellent 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 oral and written communication skills. Strong financial and competitive analysis and PC skills.
- Strong managerial and verbal and written communication skills.
 
PREFERRED
- 8+ years in sales, product management, product development or product marketing.
- Ability to understand emerging technologies and drive client-contextualized conclusions from independent research and operate in ambiguity.
- Highly-motivated and tenacious; perseverant and resilient in pursuing objectives despite challenges.
- Self-starter with a passion for championing and collaborating with stakeholders to solve client challenges.
- Strong personal presence and communication skills (verbal and written) for partnering with, establishing credibility with and influencing senior executives.
- Ability to navigate the organization quickly ability to work in a fast paced, cross-functional environment.
- Strong negotiating, relationship management and sales skills. Possess mature business judgment and be proactive, well organized and results-oriented.  Ability to see multiple commercial angles within a relationship and drive the best value for the bank, our clients and our shareholders.
- Experience in business case development and bringing together cross functional teams.
- Proven track record of delivery and new product creation.
- Industry experience in Treasury Management, Payments or Financial Services.
- Ability to prioritize projects and efforts according to business need and industry trends.
- Bachelor’s degree in Business, Finance, Marketing or related field or equivalent work experience.
- Strong knowledge of Microsoft PowerPoint, Word and Excel.
- Ability to travel as needed.
 

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