TREASURY MANAGEMENT RECEIVABLES PRODUCTS TEAM LEAD
Job description
The Treasury Management (TM) Receivables Products Manager has primary responsibility for the development and execution of the comprehensive strategic plan for receivables product development, sustainment and evolution of product capabilities and ensuring the product set is appropriate for achieving needed revenue growth goals and profitability. The incumbent will manage all aspects of Receivables product offerings.
The Receivables Products Manager must work closely with all parts of Wholesale Bank teams to understand their priorities and competitive positioning of TM in the markets. The incumbent ensures high communication and collaboration levels among Treasury Management division teams, commercial and specialty teams, and the client advisory council. The position reports to the Treasury Management Product Director and will be considered an integral part of the TM Management organization.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Develop and articulate a clear vision and strategic plan for product development, pricing, and growth. Work with LOB and specialty teams and the TM Sales Managers to update and build as needed an effective product roadmap that meets evolving needs of clients.- Provide direction and end to end influence for all facets of product management for the Receivables product solutions’ development, implementation, and operational execution setup.
- Provide direction and influence for Treasury Management client support, on-boarding, and other customer fulfillment operations/processing functions.
- Develop a robust process for gathering market intelligence on products and incorporate into product development plans and efforts to differentiate the bank's Treasury Management solutions, market identity, and value proposition.
- Develop and maintain close relationships by meeting with and visiting various markets in order to clearly understand their markets, priorities and competitive position.
- Promote product adoption by frequently meeting with key commercial customers and discussing new products, market and industry developments.
- Ensure risk management and compliance practices at the client, product, and process levels.
- Lead the team in all regulatory, risk and compliance activities related to Receivables product set, including, but not limited to audit participation, escalation of identified issues and issue remediation.
- Act as project portfolio manager for projects without Enterprise Project support. Oversight include ensuring all projects are progressing as expected, and escalate issues to relevant stakeholders and shepherd the projects to successful closure.
- Act as User Acceptance Testing lead for testing new system rollout and upgrade to existing systems. Responsibilities include ensuring test scripts are developed and validated with all stakeholders. Ensuring testing is conducted and reported accurately.
EDUCATION and/or EXPERIENCE:
Bachelor’s Degree required. Bachelor’s Degree in Business or Finance preferred.
- 5-10 years in treasury management product experience required
- 5-7 years previous management experience required
- Certified Treasury Professional (CTP) designation or Certified Cash Manager (CCM) designation preferred
- Strong presentation and management communication skills required.
- Expert level knowledge in Receivables products and general awareness of full bank product suite required
- Proven partnerships with internal Bank operations teams and a philosophy of solid partnership with Ops and Technology teams internally
- Solid history of relationships within the TM industry that will aid in our visibility to the market as well as our ability to work with top vendors
- Demonstrated ability to attract, develop and lead strong teams required
- Demonstrated ability to build a comprehensive treasury fee strategy required
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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