U.S. Bank Group Product Manager - Retail Credit Card Payment Solutions in Omaha, Nebraska
U.S. Bank's Retail Payment Solutions is one of the nation's leading payment processing and full-service-issuing providers. RPS offers credit, debit and prepaid payment solutions to consumers and small businesses through U.S. Bank and in partnership with financial institutions, businesses, governments and employers. This position resides in Retail Payment Solutions' Elan Financial Services group which offers financial institutions outsourcing of credit card/debit, merchant and ATM programs; regional and surcharge-free networks; lending programs; correspondent services and fraud monitoring and reporting.
Directly and through professional staff, oversees the strategic product management for a major product line or a group of related product lines in support of the organization’s goals and market needs. Responsible for meeting product profit and growth goals. Oversees the evaluation of market trends, product development, product position and pricing philosophy. Recommends revisions and enhancements to product lines to stimulate sales and meet objectives
Working independently, manages product managers and professional staff responsible for the most complex and technologically driven products with the largest market demand; deemed as very important to the organization. Operates at a highly independent level, consulting with and advising management on the marketing implications of various actions. Generally manages a staff of one to five direct reports, one to five indirect reports and a professional project staff of one to five. Oversees the development of short and long-term goals to meet product objectives and the implementation of appropriate long-term strategic plans and presents them to management. Independently manages business requirements and guides staff in assessing impact of major issues and determining appropriate action plans for the largest most complex products which have the highest profit potential and are most critical to the success of the business. Additional responsibilities include:
Develops marketing plan and product line objectives; including strategy and tactics; ensuring consistency with organization and business line objectives and goals and meeting product profit and growth goals.
Manages design, development, implementation and enhancement of new or existing products that support organization and business line objectives.
Manages the development of product pricing and profitability analysis and recommends pricing.
Manages the development and maintenance of competitive analysis and market research of competing products and services to identify customer needs and trends.
Manages the on-going research to track, monitor and analyze product performance, profitability and contribution.
Manages the development of collateral material, advertising, promotional programs, sales training programs, operational procedures and systems requirements to ensure that sales departments are provided with appropriate sales, merchandising and administrative tools.
Reviews strategic product and market perspectives; evaluating long term effects and anticipating changes.
Reviews risk data related to product lines and ensures risks are effectively monitored and managed.
Ensures products meet state and Federal regulatory requirements and coordinates legal review of all supporting collateral materials and documentation.
Plans, develops and controls project/product budget.
Recommends hires, transfers, terminations, salary adjustments, performance standards and reviews. Approves employee time records, work assignments, vacations, sick pay, etc.
Implements and executes employee relations policies, training programs and various other human resources programs and policies.
10 years of related experience.
Requires an expert knowledge of the assigned business line and technical marketing skills.
Very strong product management, design and development skills.
Excellent knowledge of product/program development, pricing, implementation and strategic analysis.
Excellent management, leadership and interpersonal skills.
Advanced marketing and marketing research skills.
Thorough knowledge of competitive market, operations and various products and services within assigned area.
Well-developed oral and written communication skills.
Strong financial and competitive analysis and PC skills.
Strong managerial and verbal and written communication skills.
Bachelor’s degree or equivalent.
- Master’s degree in a related field.
Job: Product Management
Primary Location: Georgia-GA-Atlanta
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 180010580
Other Locations: Ohio-OH-Cincinnati, United States
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.