Lending Product Manager

UMB BANK NA; Kansas City (MO); Hybrid; USD 98,000 - 145,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching program

Annual incentive pay

Health insurance

Job summary

UMB Financial Corporation in Kansas City is seeking a Commercial Lending Product Manager to lead development and management of lending product solutions across consumer, private banking, small business, business banking and commercial lines. The role is hybrid (Mon–Thu onsite, Fri remote) for the Kansas City area and open to qualified remote candidates within the United States.

You will partner with credit, underwriting, portfolio management, marketing, IT and risk teams to drive growth,

Qualifications

• 5+ years of product development experience or equivalent background.
• At least 2 years of commercial or business lending experience.
• Innovative and entrepreneurial mindset.
• Ability to gain influence and cross-functional consensus; interpret market and financial data.

Responsibilities

• Develop and manage strategies to improve growth, profitability, and customer experience.
• Collaborate with cross-functional teams including credit, underwriting, portfolio management, marketing, IT, fraud, legal, compliance, risk management, operations and servicing.
• Monitor product performance KPIs and market trends to identify areas for improvements and opportunities.

Skills

Product development

Commercial lending

Entrepreneurial mindset

Stakeholder management

Data-driven decisions

Education

Bachelor’s degree or equivalent

Job description

The Lending Product group manages lending solutions for the Bank’s retail and business customers, which includes Consumer, Private Banking, Small Business, Business Banking, and Commercial lines of business. As a Commercial Lending Product Manager, you will be a thought leader for UMB’s commercial lending product solutions, and develop and manage strategies to improve, grow and bring scale to those solutions. Activities include new product development/product enhancements, direct connection with credit and underwriting teams to support efficiencies in the end-to-end customer lifecycle, and execution of strategic initiatives. This role involves collaborating with internal teams, external partners, and stakeholders to support the growth and profitability of the suite of offerings while ensuring compliance with regulatory requirements and industry standards. This is a subset of the overall responsibilities which involves other multiple initiatives as assigned by Bank Product leadership.

This role is hybrid (Mon through Thu on-site / Fri remote) for candidates in the Kansas City metropolitan area and open to qualified remote candidates outside of the Kansas City area. However, the remote location must be within the US.

How you will spend your time:

Develop, implement and manage strategies to improve growth, profitability, and customer experience. Partner internally with teams to leverage and interpret data for use in the development, business justification, optimization and execution of product strategies. Monitor and analyze product performance KPIs, feedback and market trends to identify areas for improvements and opportunities for growth. Establish and maintain relationships with internal and external partners. Collaborate cross-functionally with internal teams such as credit, underwriting, portfolio management, marketing, finance, IT, fraud, legal, compliance, risk management, operations and servicing to leverage collective expertise, achieve shared goals, coordinate efforts and ensure successful execution of strategies. Contribute strategic insights and forward-thinking ideas to continuously evolve and improve internal employee and customer experience.

We are excited to talk if you have:

• A Bachelor’s Degree in a related field and at least 5 years of product development experience OR any combination of education and experience that would provide an equivalent background.
• At least 2 years of commercial or business lending experience.
• An innovative and entrepreneurial mindset.
• Ultimately, you will be the product owner. Demonstrated success in managing difficult situations and relationships with partners and vendors. Ability to gain influence and cross-functional consensus. Experience in interpreting market and financial data to drive decisions, align strategies and build innovation around products.
• Applicants must have legal authority to work in the United States. Work Visa sponsorship is not available for this position.

Compensation Range: $98,208 - $144,705

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job‑related factors.

Please see the description of benefits included with this job posting for additional information.

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings, flexible spending, and dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• and various associate banking benefits

Benefit offerings and eligibility requirements vary.

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