MMDA & Savings Product Manager III in Cleveland, OH at Key Bank- Corporate

Date Posted: 4/23/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    100 Public Square
    Cleveland, OH
  • Job Type:
    Banking, Retail
  • Experience:
    Not Specified
  • Date Posted:
    4/23/2018
  • Job ID:
    28319BR

Job Description

ABOUT THE JOB (JOB BRIEF)

The Senior Product Manager reports to the Sr. Manager, Head of Deposit Product and Pricing Strategy and is accountable for the strategic management of Key’s MMDA and Savings portfolios in addition to new product development. This role will have responsibilities across Key’s Retail, Small Business, Business Banking and Private Banking portfolios with total balances of approximately $25B. As a key contributor on the team, this individual will also assist other Product and Pricing Managers and Analysts with planning, development and implementation of enhancements that add-value for current Clients and accelerate progress towards Key’s strategic objectives.


ESSENTIAL JOB FUNCTIONS

  • Lead portfolio management for existing MMDA and Savings portfolios, including acquisition, deepening and retention efforts in alignment with segment strategies and customer needs.
  • Drive new product development – create a strategic vision for the “Savings” (both liquid and term) portfolios, aligned with Key’s objective of improving Clients’ financial wellness.
  • Partner with the Key’s Sr. Pricing Manager to develop rate-based strategies to accelerate acquisition and improve retention.
  • Develop a robust, compelling reason for Clients and Prospects to “Save with KeyBank”.
  • Assess the competitive / industry landscape, industry portfolio trends
  • Manage profitability drivers of products to ensure they meet profitability hurdles.
  • Drive the technology requirements for existing and new strategic objectives objectives.
  • Lead cross functional teams – Client Experience, Operations, Technology, Legal and Compliance – to ensure timely delivery of product management projects.
  • Ensure strict adherence with product policies and guidelines to ensure all legal, compliance and audit standards are met.
  • Prepare business reviews to highlight findings and recommendations to senior management.

Additional Responsibilities:
  • May serve as a Project Manager on Consumer product-related projects across various channels (Online, Branch, Call Center, etc.)

REQUIRED QUALIFICATIONS

  • 5 to 10 years of experience managing product strategy and development in banking/ financial services
  • Direct product P/L responsibility.
  • Ability to work on multiple projects at once and prioritize delivery based on key objectives.
  • Understanding of Retail Banking deposit products and segment needs through demonstrated portfolio management experience.
  • Undergraduate degree in a business related field or equivalent experience
  • Demonstrated communication skills and ability to work within a team environment.
  • Financial and analytical thinking and the ability to forecast
  • Working knowledge of PC (MS Windows and Office Products including Word, Excel, etc).


    COMPETENCIES/SKILLS

    Problem-Solving: Solution-focused; though partner to Client and Product team; proactively identifies opportunities; surfaces issues and independently proposes and implements solutions.


ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 28319BR