SVP, Treasury & Payments Product Manager in Chevy Chase, Maryland at Forbright Bank
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Job Description
This role owns the product strategy from ideation through commercialization, ensuring products align with client needs, competitive market trends, regulatory requirements, and the Bank's strategic objectives. The role is accountable for product financial performance, including revenue growth, profitability, pricing strategy, adoption, and return on investment.
Working closely with Treasury Sales, Commercial Banking, Operations, Technology, Marketing, Compliance, Risk, Finance, and third-party vendors, this individual develops business cases for new products and enhancements, defines product roadmaps, manages implementation efforts, and ensures successful product launches. The role also serves as the voice of the customer by actively gathering feedback from clients and frontline associates, identifying opportunities for innovation, and continuously improving the client experience.
Success in this role requires balancing strategic thinking with disciplined execution while driving profitable growth and delivering treasury solutions that differentiate Forbright Bank in the middle market.
Develop and execute the strategic roadmap for commercial deposit, treasury management, and payments products serving middle market businesses
Own the end-to-end product lifecycle, including business case development, product requirements, commercialization, enhancements, and retirement
Own product P&L, pricing strategy, profitability, utilization, adoption, and key performance indicators (KPIs) to drive commercial growth and portfolio performance
Translate client, business, and market needs into product, operational, and technology requirements
Lead vendor evaluation, implementation, and ongoing relationship management
Lead cross-functional collaboration across Treasury Sales, Commercial Banking, Operations, Technology, Compliance, Risk, Marketing, and Finance to successfully develop, launch, and enhance products
Serve as the voice of the customer by partnering with clients, Relationship Managers, Treasury Sales, and frontline associates to identify product opportunities, improve the client experience, and support business development efforts
Develop product training and sales enablement materials to support successful product launches
Stay informed on industry trends, emerging technologies, and competitive offerings to identify opportunities.
Perform other duties as assigned
Bachelor's Degree required
Minimum of 10 years of experience in treasury management and/or product management required
Experience owning commercial banking, treasury management, or payments products with demonstrated accountability for product performance
Experience developing product strategies, business cases, and financial models
Strong understanding of treasury management solutions for middle market clients, including receivables, payables, liquidity management, fraud prevention, and commercial payments
Demonstrated experience managing product roadmaps and prioritizing enhancements
Strong analytical and financial acumen with experience developing product strategies, business cases, pricing models, and profitability analyses
Proven ability to influence executive leadership and lead cross-functional initiatives without direct authority
Demonstrated interpersonal skills with the ability to collaborate and build credibility across multiple lines of business
Proven success multi-tasking with the ability to manage multiple priorities and projects at once
Experience in product management lifecycle including idea generation, developing, implementing, and managing products and services preferred
Experience with FIS IBS core, BeB and CeB or Digital One preferred
Vendor management experience preferred
Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
Excellent verbal, written, and interpersonal communication skills
Strong organizational skills and attention to detail
Outstanding problem-solving and time management skills
Self-motivated, self-directed, and results-oriented
Adaptable and able to multitask in a fast-paced environment
Can work independently and within a team; solution-oriented with a collaborative approach
$90,000 - $139,500 a year