Florida A&M University National Alumni Association

Senior Product Development Manager - Debit Card

Spotlight Preferred
Truist
Raleigh, North Carolina, United States
13 days ago

Description

Responsible for Strategy and Management of assigned Debit Card solutions to drive client loyalty and engagement for card-based products. Charged to meet needs of clients and drive realization of Truist’s purpose, mission, values and goals. Includes realization of performance metrics, and superior client outcomes through world class loyalty solutions and services, partnering with internal and external organizations to accelerate the relevancy and effectiveness of our value proposition for clients.

Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time. 
List the major responsibilities generally associated with the role (5-7 major responsibilities with no more than 10) that an incumbent in this job is expected to accomplish.  Please use numbers to separate each distinct responsibility. 
1. Develop and execute product strategy:  develop and cultivate strategy designed to deliver market-differentiated solutions for assigned Specialty Debit Product Line up including, but not limited to Small Business Debit, Delta SkyMiles, and General Purpose Reloadable Prepaid. Conceptualize new features and benefits; translate into specifications and functional requirements implement solutions to maximize profitability
2. Develop and commercialize new solutions: drive leadership and direction for assigned Debit Card segments/solutions including prioritization, business cases, business & functional requirements, project management, operational, channel readiness, and product content
3. Manage profitable client focused solutions throughout life cycle: continually evaluate and monitor programs focusing on performance and profitability of loyalty solutions. Establish program success measures and post-launch performance to adapt as necessary
4. Build and cultivate relationships within Broader team:  engage, partner, and collaborate across a highly matrixed set of internal cross functional partners, stakeholders, as well as card based business partners that are often within a different reporting line of business.  Consult with Senior Leadership and Executive Management in design, pricing and implementation of solutions 
5. Successfully navigate evolving industry landscape:  monitor competitors (bank and non-bank) to report on developing trends and potential impact. Use client, analytic, and industry sources to identify portfolio gaps and generate incremental revenue opportunities.  Support participation/representation in select industry groups as applicable.
6. Ensure effective regulatory, legal, compliance, change, and quality management: meet needs of our customers while adhering to all product policies and regulations ensuring all legal, compliance, audit and third party quality standards are fully met


Requirements

Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree in Business or related field, or equivalent education or related training
2. 7+ years of product management, finance, marketing, and strategy experience within financial service, or credit card organization
3. Advanced project management, priority setting, execution, communication, presentation, business acumen
4. Experience with card processing, card networks, and/or electronic payment systems as well as related infrastructure and emerging technology
5. Direct experience with third parties, specifically rewards and co-brand partnerships
Preferred Qualifications:
1. Master's degree or equivalent education and related training
2. 10+ years of product management, finance, marketing, and strategy experience within financial service, or credit card organization
3. 5+ years proven experience managing highly complex card product portfolios (Credit Card, Debit and/or Prepaid Card)
4. Completion of an advanced banking school program

Job Information

  • Job ID: 63917300
  • Location:
    Raleigh, North Carolina, United States
  • Position Title: Senior Product Development Manager - Debit Card
  • Company Name For Job: Truist
  • Job Function: General Business
  • Job Type: Full-Time

Please refer to the company's website or job descriptions to learn more about them.

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