Product Manager, Business & Government Banking

Leader Bank; Arlington (MA); Hybrid; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a strategic Product Manager to lead deposit product initiatives for business and government banking segments. This innovative role requires a collaborative approach, working closely with clients and internal teams to develop and launch compelling financial products. The ideal candidate will have a strong background in product management within the banking sector, with a focus on understanding client needs and delivering exceptional value. Join a fast-growing organization that prioritizes competitive compensation, benefits, and a diverse work environment, where your contributions will help shape the future of banking.

Benefits

401k plan with corporate match

Medical insurance

Dental insurance

Healthy work-life balance

Diversity and inclusion initiatives

Qualifications

• 5+ years of product management experience in banking or financial services.
• Excellent communication and stakeholder management skills.

Responsibilities

• Identify client needs through research and analysis.
• Develop product vision and go-to-market strategy.
• Oversee complete product lifecycle from design to launch.

Skills

Product Management

Stakeholder Management

Communication Skills

Market Research

Project Management

Education

Bachelor’s degree in business or finance

Master’s degree (preferred)

Tools

Core Banking Systems

Financial Technology Infrastructure

Job description

Job Details

Job Location: Corporate-180 - Arlington, MA

Position Type: Full Time

Salary Range: Undisclosed

Description

Leader Bank is looking for exceptionally dedicated team members to join one of the region’s fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4.5 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.

Exemplary products and an innovative spirit have driven Leader Bank’s rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always improve our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.

Summary

We’re looking for a strategic and collaborative Product Manager experienced in B2B financial products. You'll own deposit product initiatives tailored for business and government banking segments, collaborating extensively with clients, cross-functional stakeholders, and internal teams to develop and bring compelling products to market. This will be a hybrid role associated with our Corporate Office in Arlington, MA.

Responsibilities

• Identify and understand client and stakeholder needs in business and government banking segments through research, client interviews, and analysis.
• Build and maintain relationships with external clients, understanding their workflows, priorities, and pain points.
• Develop a clear product vision, roadmap, and go-to-market strategy for deposit products.
• Translate use cases into business requirement documents and work with engineering to develop solutions.
• Oversee the complete product lifecycle, including opportunity validation, design, development, launch, and training.
• Collaborate cross-functionally across sales, compliance, marketing, technology, and operations teams to effectively develop, launch, and manage products.
• Conduct ongoing competitive analysis, market research, and performance monitoring to continuously refine product offerings.
• Establish metrics and KPIs to measure performance and ROI of products.
• Manage multiple stakeholder expectations effectively, aligning diverse groups towards a unified vision and execution plan.

Qualifications

• Bachelor’s degree in business, finance, or related field (Master’s preferred).
• 5+ years of product management experience, with at least 2 years in banking or financial services.
• Demonstrated understanding of banking operations, products, and compliance requirements.
• Experience implementing technology solutions in regulated environments.
• Excellent communication and stakeholder management skills with ability to influence at all levels.
• Experience with core banking systems and financial technology infrastructure.
• Experience working with large organizations and complex sales.
• Project management certification (PMP, Agile, Scrum).

Leader Bank offers an excellent compensation and benefits package including 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast-growing, local organization.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status, or any other protected class.