Treasury Product Manager - Headquarters, Fair Lawn NJ

SUMMARY:

The Treasury Product Manager collaborates with various business lines to develop, manage, and enhance products and services that will introduce and enable the next generation of Treasury Management solutions. They will manage the launch, pricing, and implementation of products. The Treasury Product Manager will manage vendor relationships and provide support in Bank mergers and acquisitions.

Job Responsibilities:

Treasury Product Development:

• Creates strategic vision and innovative ideas for Treasury Products (e.g., Account Reconciliation, Positive Pay, real time payments, payables automation);
• Provides direction and sets priorities for new products and enhancements, including delivery of 1-, 2-, and 3-year product road maps;
• Closes gaps and fosters product innovation, creating recommendations based on research to address market opportunities;
• Maintains broad knowledge of industry trends, competitor products & pricing, and emerging treasury solutions;
• Own all aspects of product launch completes cost/benefit analysis; defines business requirements and partner with risk and compliance to adhere to best practices;
• Collaborates with Commercial Sales team and Branch network, and Treasury Operations to design and execute go to market strategy.

Commercial Treasury Product Oversight:

• Assesses profitability of current product offerings and provides suggestions to optimize growth/profitability;
• Works with Marketing to develop effective communication activities and programs including advertising, events management, product positioning and collateral development for assigned product(s);
• Administers company policies and procedures which affect assigned product(s);
• Provides appropriate guidance partnering with the Treasury Operations team to the sales organization regarding pre-sales and sales efforts;
• Assesses current contracts and vendors to maximize revenue potential;
• Manages pricing of Commercial products;
• Understands and proactively manages risk and compliance for treasury products in partnership with Treasury Operations.

Fintech (Digital) Solutions:

• Reviews existing vendor solutions and new Fintech offerings geared toward creating operational efficiencies and attracting new business segments;
• Advises on product placement, advertising, promotions, and user experience.

Additional Responsibilities:

• Leads Treasury Product mapping and value proposition for Bank acquisitions while working with the Treasury Operations team;
• Serves as subject matter expert for sales representatives to ensure strong customer service delivery;
• Manages vendor relationships, including working with vendors in negotiating and reviewing contracts.

Job Requirements:

• Bachelor's Degree required;
• Certified Treasury Professional (CTP) or Accredited ACH Professional (AAP) designation(s) preferred;
• 5+ years of experience in product management, strategic planning, or a combination of both, with one or a combination of the following: treasury, trade, or payments products;
• Excellent verbal, written, and interpersonal communication skills;
• Strong collaboration and partnering skills;
• Process management and risk leader with a proven track of bringing organization and efficiency to a highly matrixed organization;
• Leadership presence and ability to champion change across a large organization;
• Understanding of the underlying operational, risk and business processes to be able to continue to execute flawlessly while creating new efficiencies;
• Comprehensive knowledge of Business Deposits Products, Receivables, Disbursements, Cash Vault, Liquidity Solutions, Business Online Banking, and Electronic Payments is strongly preferred;
• Project Management experience with complex, enterprise-wide projects large in scope and complexity is a plus;
• Financial analysis and business case creation;
• Product Management;
• Revenue Growth and Management;
• Cross Functional Team Projects;
• Can effectively navigate documentation and compliance challenges.

Columbia Bank and its affiliates is an Equal Opportunity Employer

Affirmative Action Employer/Males/Females/Protected Veterans/Individuals with Disabilities