Deposits Product Manager

at Old National Bank in ChicagoChicago, Illinois, United States

Job Description

Deposits Product Manager
Job Locations



Digital Banking  

Position Type 
Regular Full-Time  

Requisition ID 

Workplace Type 
On Site


Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.
We are currently seeking a Deposits Product Manager that will be responsible for delivering a modern, compelling roadmap for the Community Bank's deposit products and related services. This includes the development, prioritization, and managing the execution of thoughtful products, features and services that deliver an outstanding customer experience and drive Community Bank business success in both the personal and small business segments. This is a highly collaborative role, requiring regular engagement and alignment with both other product teams as well as a range of key stakeholder and functional groups.

Key Accountabilities
Product Development and Execution
End to End product design, build, and quality execution - staying informed of developing industry and regulatory trends through frequent market research.
Client centric design - anticipating customer needs and developing solutions to address.
Directly supports the Director of Deposits Product in managing the Community Bank's Deposit Product roadmap with customer centric design - anticipating customer needs and developing solutions to address over multi-year planning process
Collaborates with Deposits Operations, Corporate Compliance, IT, Community Banking Sales Support and other relevant delivery groups to enable Old National to effectively sell, fulfill, and service Community Banking products.
Collaborates with and influences other Lines of Business to deliver holistic solutions to address client needs from a combined bank viewpoint.
Project lead for Change Management initiatives with the ability to influence stakeholders across the organization to drive changes to new or existing products, along with relevant supporting materials.
Develop pricing recommendations based on competitive data, bank objectives, and internal financial performance data to Director of Deposit Products for consideration by Treasury.
Product Promotion
Collaborates with Marketing, the Payments Product team and external partners to develop and deliver an annual marketing plan.
Collaborates with Marketing to introduce new product features and functionality.
At the direction of the Director of Deposits Product, participates in and/or leads cross-functional Acquisition, Early Tenure and/or Retention working teams, with defined lifecycle accountabilities.
Product Performance
Works with Data Analytics to create and manage a working scorecard for Community Bank Deposit products.
As needed, identifies need and creates ad hoc reporting to understand specific issues/opportunities and provide recommendations supported by business cases and data driven decision making.
Works with Finance to establish performance for Deposits Product KPIs.
Defines and adjusts KPIs as required to ensure meaningful measurement of Deposits Product performance.
P&L owner, managing performance against annual stated goals, as well as peer performance benchmarks.
Qualifications and Education Requirements
Strong data-driven decision making, analysis, and business casing skills required.
2+ Years of Deposits Product Management or related Product Management experience required.
Knowledge of the retail deposits industry in a highly competitive environment preferred.
Demonstrated excellent writing and communication skills
BA in business, marketing, or related field.
We continually look for highly motivated and talented individuals. Our people are critical to the Bank's strategy and success. In return, we offer a great benefits package including certification and education support, bonus eligibility, 401k with 5% company contribution, generous vacation time, immediately effective BC/BS medical, dental, headspace mental health support, VSP vision insurance, continuing education support and opportunities for career growth!
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking... For full info follow application link.


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Job Posting: 11913527

Posted On: May 19, 2024

Updated On: May 28, 2024

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