Product Manager II - Banking Industry at Softworld Inc
Farmington Hills, MI 48331
About the Job
Job Posting: Product Manager II - Banking Industry (Payments, Treasury, Fraud)
Overview:
We are seeking an experienced Product Manager II with a strong background in banking product management, particularly within payments, treasury management, or fraud solutions. This role focuses on driving product strategy, managing product lifecycles, and ensuring profitability and customer satisfaction. If you excel at translating market needs into innovative solutions and have a passion for delivering impactful financial products, this position is for you.
Key Responsibilities:
Product Strategy & Roadmap Management
- Serve as the market expert for assigned product lines through comprehensive research, customer interactions, and competitive analysis.
- Develop and manage product roadmaps and business plans, ensuring alignment with strategic objectives.
- Represent the voice of the customer throughout the product lifecycle to ensure solutions address market needs and deliver value.
- Monitor product performance and recommend improvements to enhance profitability, customer retention, and acquisition.
Product Promotion & Advocacy
- Define and communicate the market message for assigned products.
- Collaborate with marketing to develop promotional strategies and materials.
- Provide training and conduct presentations to internal teams and customers.
Portfolio & Revenue Management
- Continuously assess economic conditions to inform pricing, positioning, and profitability strategies.
- Integrate assigned products into sales planning and ensure alignment with revenue goals.
- Evaluate product risk and recommend pricing strategies to meet business objectives.
Product Development & Operational Support
- Identify and validate market problems through customer and market research.
- Partner with operations teams to maintain product stability, refine escalation protocols, and drive process improvements.
- Develop testing criteria for new products and enhancements, ensuring seamless implementation.
Qualifications:
- Bachelor's degree in business, finance, or a related field.
- Proven product management experience in banking, with a focus on payments, treasury management, or fraud solutions.
- Strong analytical and strategic planning skills, including experience with financial analysis, market research, and product profitability.
- Excellent communication and collaboration abilities, with a history of working cross-functionally to achieve product success.
Why Join Us?
This is an opportunity to manage high-impact products in a dynamic and innovative environment. You will contribute to shaping the future of financial solutions while driving tangible results for customers and the organization.