Senior Deposit Product Manager I- Debit Card Solutions

Truist; Raleigh (NC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401(k) plan

10 days of vacation

Paid holidays

Sick days

Job summary

Truist seeks a Deposit Product Manager III in Raleigh, NC to design and drive strategy for deposit and debit products. This role manages product performance, mentors other managers, and collaborates on marketing campaigns.

The ideal candidate will possess a Bachelor's degree, 10+ years in Banking, and strong analytical skills. Benefits include medical, dental, and retirement plans, as well as vacation and sick days.

Qualifications

• 10+ years of experience in Banking or Financial Services.
• 5+ years in product management or analytics roles.
• Ability to guide vendor partnerships and negotiations.

Responsibilities

• Lead product management for deposit or debit products.
• Mentor and coach other product managers.
• Create strategic roadmaps for product launches.

Skills

Influencing skills

Problem-solving skills

Communication skills

Analytical skills

Collaboration skills

Education

Bachelor’s degree in a business-related major

Tools

Microsoft Office

Job description

Job Overview

The Deposit Product Manager III is responsible for designing and driving the strategy and performance for a set of deposit or debit products. They have full ownership and decision‑making authority for the products or programs they are assigned to manage.

In this cross‑functional role, the manager mentors other product managers, sets financial targets, creates roadmaps, partners with Marketing and other stakeholders, monitors client experience, and ensures compliance with regulations.

Essential Duties and Responsibilities

• Product management for a set of deposit or debit products, including financial performance, product design, development, distribution, and pricing.
• Mentor and coach other product managers and analysts.
• Determine and deliver financial targets for sales production, balance growth, client acquisition, retention, net interest income, fee revenue and overall revenue; monitor and adjust performance.
• Serve as a Deposits SME on projects supporting profitable growth, operational soundness, or regulatory compliance.
• Create a strategic roadmap for product launches and enhancements; retire outdated products.
• Partner with Marketing to design and execute marketing, promotional, and sales campaigns to drive acquisition, deepening and retention across channels.
• Monitor client and teammate experience; identify process improvements and resolve issues.
• Build and maintain partnerships with key functional leaders across Marketing, Legal, Risk, Compliance, Distribution, Servicing, Operations, Analytics, Technology.
• Maintain deep understanding of clients and their financial needs using analytics and research.
• Monitor industry trends and competitive intelligence to keep products well positioned.

Required Qualifications

• Bachelor’s degree in a business‑related major with strong academic record, or equivalent education.
• 10+ years of experience in Banking or Financial Services.
• 5+ years of experience in a staff role such as product management, product strategy, analytics or marketing.
• Outstanding influencing, partnership‑building and collaboration skills.
• Exceptional analytical and creative problem‑solving skills; ability to generate actionable insight from complex analytics.
• Demonstrated success leading cross‑functional teams of senior leaders without formal authority.
• Excellent written and verbal communication skills.
• Ability to handle multiple priorities in a fast‑paced, results‑oriented environment.
• Ability to work autonomously in ambiguous and changing situations.
• Demonstrated ability to identify and manage key risks and work effectively with risk leaders.
• Ability to guide and manage third‑party vendors on contract negotiations, continuous improvements, monitoring and partnership activities.
• Proficiency in basic computer applications such as Microsoft Office.
• Ability to travel, occasionally overnight.

Preferred Qualifications

• Master’s degree.
• 7+ years combined experience in consumer banking, small business banking, debit, or payments.
• Broad and diverse experience in marketing, finance, acquisitions, product development and analytics.
• Broad experience across channels, including branch leadership experience.
• Leadership experience in the Product Management lifecycle.
• Experience providing leadership and guidance to analytics efforts.
• Project Management experience.

Benefits

All regular teammates working 20 hours or more per week are eligible for benefits, including medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401(k) plan. Teammates also receive at least 10 days of vacation (prorated), 10 sick days and paid holidays. Additional benefits may include a defined benefit pension plan, restricted stock units, and a deferred compensation plan depending on the position and division.

Work Shift

1st shift (United States of America).

EEO Statement

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law. E-Verify IER Right to Work.