Sr. Product Manager – Liquidity in Cleveland, OH at Key Bank- Corporate

Date Posted: 5/14/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    1360 West Mall Drive
    Cleveland, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    5/14/2018
  • Job ID:
    29256BR

Job Description

ABOUT THE JOB (JOB BRIEF)

This position is part of the Enterprise Commercial Payments (ECP) business in Key Corporate Bank. We provide our clients with best in class Treasury Services, Liquidity Solutions, Merchant Services, Corporate Cards, Foreign Exchange, and International Trade.

The Senior Liquidity Product Manager is responsible for all aspects of the Commercial core deposit products including product planning and discovery, product profitability, new product development and strategic direction. As a key contributor on the team, this individual will also work with other Product and Pricing Managers to drive forward initiatives and accelerate progress towards Key’s strategic initiatives by demonstrating product expertise, thought leadership, market support, client experience and partnering.
ESSENTIAL JOB FUNCTIONS
  • Lead portfolio management for existing core deposit products, including acquisition, deepening and retention efforts in alignment with segment strategies and client needs.
  • Drive new product and existing product development – create a best in class liquidity product set, aligned with Key’s strategic initiatives.
  • Partner with Key’s Pricing and Portfolio Management to develop rate-based strategies to accelerate acquisition and improve retention.
  • Assess the competitive / industry landscape, industry portfolio trends.
  • Manage profitability drivers of products to ensure they meet profitability hurdles.
  • Lead cross functional team to ensure timely delivery of product management projects.
  • Ensure strict adherence with product policies and guidelines to meet all legal, compliance and audit standards.
  • Prepare business reviews to highlight findings and recommendations to senior management.
  • Deliver training internally and externally to convey an understanding of the products, their usage and functionality. Support the sales force in selling the products and articulating the benefits to clients. Develop and maintain product collateral, client and market communications to support the sales and product rollout processes.
  • May serve as a Project Manager on product-related initiatives across various channels.

REQUIRED QUALIFICATIONS
  • 5 to 10 years of experience in financial services or treasury management. Deposit product or pricing management experience preferred.
  • Undergraduate degree required, MBA preferred.
  • Entrepreneurial Mindset. Ability to identify business opportunities, develop a strategic plan to capitalize on those opportunities, and tactically implement the plan.
  • Direct product P/L responsibility.
  • Understanding of Commercial Banking deposit products and segment needs through demonstrated portfolio management experience.
  • Demonstrated communication. Must be able to create and conduct executive level presentations, present at industry venues, and interface with the media and clients as appropriate.
  • Strong analytical skills and the ability to forecast. Excellent problem solving and quantitative skills.
  • A team player with proven ability to build strong collaborative relationships with internal partners including finance, technology, operations, sales, marketing, legal, compliance, and other internal and external partners including vendors.
  • An ability to champion change, influence others, and foster teamwork.
  • Proficiency with Miscrosoft Office, data query and reporting knowledge.


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 Corporate Bank is a full-service corporate and investment bank serving the needs of mid- to large- sized businesses and focusing principally on middle market clients in six industry sectors: consumer, energy, healthcare, industrial, public sector, and real estate.

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: 29256BR