VP, Product Manager

Cathay Bank in; El Monte (CA); On-site; USD 130,000 - 145,000; Full time

Benefits offered by this job

Competitive benefits package

Health insurance

Job summary

Cathay Bank is seeking a Product Manager to lead the planning and execution of consumer and commercial deposit and fee-based products across the lifecycle. You will gather requirements, define vision, and collaborate with IT, Sales, Marketing and Operations to meet revenue and client-satisfaction goals.

Ideal candidates have a college degree in Finance/Marketing or business, with at least five years in banking and product development, and strong analytical, presentation and communication skills.

Qualifications

• Minimum five years of banking and product development experience is required.
• AP Integration Subject Matter Expertise.
• ERP Software Integration Expertise.
• MuleSoft Subject Matter Expertise.

Responsibilities

• Define and execute assigned product strategy and roadmap.
• Own all elements around subject matter products including service-related challenges.
• Understand market trends, technologies and competitive offers relating to product set.
• Grow revenue contribution to Bank's product portfolio.
• Responsible for design, financial feasibility, and operational impact of product offerings.
• Develop product positioning and messaging that differentiates products in the market.
• Lead issue resolution and track discovery/resolution dates.
• Lead idea generation for new products and product marketing.
• Develop and maintain policy language in partnership with Operations, Compliance, and Audit.
• Provide support and product training to frontline team members.
• Present to Executive Management.

Skills

Presentation skills

Interpersonal skills

Written communication

Time management

Bilingual Chinese (plus)

Education

College degree in Finance/Marketing/Business

Tools

ERP Software Integration

MuleSoft

AP Integration

Job description

People Drive Our Success

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.

The Product Manager is responsible for the product planning and execution of consumer and commercial deposit & fee-based products throughout the product lifecycle, including gathering and prioritizing product and client requirements, defining the product vision, and working closely with IT, Sales, Marketing and Operations to ensure revenue and client satisfaction goals are met. The Product Manager's job also includes ensuring that the product supports the company's overall strategy and goals.

ESSENTIAL FUNCTIONS

• Define and execute assigned product strategy and roadmap.
• Own all elements around subject matter products including all service-related challenges.
• Understand all market trends, technologies and competitive offers relating to product set.
• Grow revenue contribution to Bank's product portfolio.
• Responsible for the design, financial feasibility, and operational impact of product offerings.
• Develop product positioning and messaging that differentiates products in the market.
• Own all product deficiencies, take lead in ensuring product issues are resolved.
• Keep log of all product issues to include discovery date and issue resolution date.
• Lead idea generation for new products and product marketing.
• Develop and maintain policy language in partnership with Operations, Compliance, and Audit.
• Provide support and product training to frontline team members.
• Present to all levels within the Bank, including Executive Management.

QUALIFICATIONS

Education:College degree with major in Finance, Marketing, or business-related discipline preferred, but not required.

Experience:Minimum five years of banking and product development experience is required.

• AP Integration Subject Matter Expertise
• ERP Software Integration Expertise
• MuleSoft Subject Matter Expertise

Skills/Ability: Excellent presentation, interpersonal, professional, good verbal, and written communication skills; strong software knowledge (Excel, Word, PPT); good analytical and research ability; organized with good prioritizing skills and have high attention to detail; good time management and able to manage multiple objectives at one time, with minimal guidance and supervision. Bilingual Chinese a plus but not required.

OTHER DETAILS

$130K – $145K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Cathay Bank offers itsfull-timeemployees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.

Cathay Bank is an Equal Opportunity and Aff…