Director, Product Management - Deposit Products

RiverSource Life Insurance Company; Northern (KY); Hybrid; USD 131,000 - 180,000; Full time

Benefits offered by this job

Health, dental and life insurance

401(k) plan

Paid time off and sick time

Job summary

RiverSource Life Insurance Company seeks a Director of Product Management for Deposit Products. You will Shape the strategy and lifecycle of consumer checking, savings, and CDs, partnering with technology, finance, risk, and marketing to drive growth in a hybrid setup in Charlotte, NC or Minneapolis, MN.

You’ll lead pricing, analytics, forecasting, and product launches, while ensuring regulatory compliance and stakeholder communication at the executive level.

Qualifications

• 10+ years of relevant experience, including 5+ years of consumer deposit product management
• Bachelor’s degree in business, finance, economics, or a related field
• Master’s degree preferred in business/finance/economics

Responsibilities

• Develop and execute the long-term strategy, roadmap, and vision for consumer deposit products.
• Lead the end-to-end product lifecycle, including ideation, research, business case, product design and requirements, launch, optimization, and governance.
• Serve as senior product leader for cross-functional initiatives involving technology, operations, finance, marketing, risk, compliance, and sales partners.
• Create deposit pricing strategies, forecasting, profitability management, balance growth, and financial performance monitoring with finance and treasury.
• Leverage analytics to optimize product performance, acquisition, engagement, and lifetime value.
• Ensure compliant, client-centered experiences by overseeing regulatory requirements, disclosures, policies, and risk management.
• Communicate product strategy, results, risks, and recommendations to executive stakeholders.
• Lead, mentor, and develop high-performing product management teams.

Skills

Deposit pricing

Financial modeling

Forecasting

Profitability analysis

Data-driven decision making

Product management

Leadership

Cross-functional collaboration

Education

Bachelor’s degree in business/finance/economics

Master’s degree in business/finance/economics

Job description

## Director, Product Management - Deposit ProductsApply: Hybrid: Charlotte, North Carolina: Minneapolis, Minnesota: Full time: Posted Today: End Date: October 30, 2026 (30 days left to apply): R26\\_2733**About Our Company**We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.**Job Description**The Opportunity As Director, Product Management, Deposit Products, you will lead the strategy, performance, and lifecycle management of consumer checking, savings, and certificate of deposit products. You will shape product vision, influence enterprise priorities, and drive growth through pricing, analytics, customer acquisition, and innovation. This role offers significant exposure to senior leadership and the opportunity to deliver meaningful business and client impact across banking and wealth management.**Key Responsibilities*** Develop and execute the long-term strategy, roadmap, and vision for consumer deposit products aligned with client, business, and enterprise objectives.* Lead the end-to-end product lifecycle, including ideation, research, business case, product design and requirements, launch, optimization, and governance.* Serve as senior product leader for complex cross-functional initiatives involving technology, operations, finance, marketing, risk, compliance, and sales partners.* Create deposit pricing strategies, forecasting, profitability management, balance growth, and financial performance monitoring in partnership with finance and treasury teams.* Leverage analytics, reporting, and customer insights to optimize product performance, acquisition, engagement, and lifetime value.* Ensure compliant, client-centered experiences by overseeing regulatory requirements, disclosures, policies, and risk management activities.* Communicate product strategy, results, risks, and recommendations to executive stakeholders while influencing decisions across the organization.* Lead, mentor, and develop high-performing product management teams, fostering accountability, innovation, and continuous improvement.This position may be located in Charlotte, NC or Minneapolis, MN.**Required Qualifications*** 10+ years of relevant experience, including 5+ years of consumer deposit product management or similar consumer banking product management experience* Bachelor’s degree in business, finance, economics, or a related field**Preferred Qualifications*** Master’s degree in business, finance, economics, or a related field* Demonstrated success developing, launching, pricing, and scaling bank deposit products within complex financial services environments* Strong expertise in product management, deposit pricing, financial modeling, forecasting, profitability analysis, and data-driven decision making* Working knowledge of analytics, performance reporting, and customer behavior analysis* Experience partnering with marketing teams to design, measure, and optimize acquisition and engagement campaigns* Knowledge of wealth management organizations, core banking platforms, and fintech ecosystems* Exceptional leadership, communication, stakeholder management, collaboration, and influencing skills with a proven ability to lead cross-functional teams**Visa Sponsorship**Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).**In-Office Collaboration**We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.**Base Pay Salary**The estimated base salary for this role is $131,000 - $180,100 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.**Full-Time/Part-Time**Full time**Exempt/Non-Exempt**Exempt**Job Family Group**Marketing/Product Management**Line of Business**BANK Bank*Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.**We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.*