Truist Treasury Product Manager II in Charlotte, North Carolina
Req ID: R0043277
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Regular or Temporary:
Language Fluency: English (Required)
1st shift (United States of America)
Please review the following job description:
Responsible for managing the strategic and tactical aspects of assigned product portfolio to meet the needs of our targeted commercial markets and the strategic goals of Treasury Solutions. A product manager is responsible for managing product lifecycle processes including ideation, strategy, development, management, marketing, communication, commercialization, profitability, sales support strategies and ongoing monitoring and risk managemen
Essential Duties and Responsibilities
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.
Plan, promote, manage and coordinate activities for assigned product portfolio and ensure synergy with related product line managers to meet objectives
Document and socialize concepts for new products and/or line extensions to meet existing or anticipated market needs; present to management as appropriate
Support development of new products and/or lines extensions as required pursuant to pre-established product development processes
Manage product line direction through leading and participating in ongoing assessment of current products, pricing, and position; systematically develop and evaluate opportunities for new products and/or line extensions; and identify new target markets and related strategies
Lead the development, execution and maintenance of a product profit and loss and product family business plan that provides current market information, including sales and gross profit margin history, year to date actuals and projections, key market position, sales channels and competitive strategies, pricing, market share, and product lifecycle and evolution plans
Lead the development and presentation of monthly, quarterly and annual product line update reports, as directed
Initiate and encourage continuous process improvement by developing ways to assess and maximize opportunities for change
Establish, socialize and manage development of clear pricing strategies, discount structures, and guidelines for all sales channels and target markets; analyze market data, competitive data, segment data, revenue/cost/profitability data and product/product line strategy
Lead the development of volume forecasts based on historical trends, market environment, business plan and pricing strategy impacts
Initiate and participate in the prioritization of development and promotional projects for the product line and partnership with sales partners
Support sales through joint sales calls to key clients; trade show support and conference calls
Initiate and maintain awareness of the competition and other market forces affecting the product line, through effective networking and research
Act as a mentor and/or team lead to junior product managers, product associates and analysts
Adhere to and follows all applicable policies and procedures; proactively escalate issues and risks to senior leadership's attention
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.
Bachelor's degree in related field or an equivalent combination of education and related work experience
10+ years of relevant financial services or consulting firm experience, working on teams with responsibility for strategic planning, product management, sales force effectiveness and industry analysis
Strong product management, design and development skills
In-depth and broad knowledge of Treasury Solutions applications and products
Strong leadership, management and marketing skills
Strong analytical and problem-solving skills
Excellent verbal and written communication, presentation, organization and time management skills
Superior influencing, negotiation and conflict management skills
Advanced knowledge of payments systems and practices
Superior financial and competitive analysis skills
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Master’s degree in Business Administration
Certified Treasury Professional (CTP) designation and/or Accredited Automated Clearing House (ACH) Professional (AAP) certifications
Creative problem solver; demonstrated marketing and research skills
Ability to create strong strategic plans and business cases for new opportunities
Ability to synthesize complex information to communicate effectively with teammates at all levels
Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.
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