MUFG Union Bank Product Manager III, Vice President in Glendale, California
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. At Union Bank, we aim to be the premier and most-trusted West Coast bank, serving customers with high-touch, local delivery and global capabilities as we leverage our rich, 150-year history. This is all part of our inclusive, high-performing culture supported by competitive Total Rewards, including our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Reporting to the Retail Product Manager, you are responsible for the product development and revenue management for retail products (small business or consumer). Supporting retail bank growth strategy to acquire households and deepen relationships to build balances and optimize product profitability.
15% Developing product strategy. Use existing capabilities and identify product gaps based on high-reaching assessment and opportunities. Responsible for ensuring the product strategy is in line with the Retail Bank strategies. You'll work with business banking administration, commercial product managers, retail banking product managers, marketing, deposit operations and servicing.
60% Responsible for handling the existing product line and the development and launch of new products, features and functionality. You'll handle the revenue stream for assigned products used by retail customers. As well as handling the product profitability and developing tactics to improve profitability and performance through product design and pricing discipline. Measure and track the financial performance volumes against established goals and works closely with Retail Deposit Portfolio Management. Responsible for market research, analysis of competitor offerings and market drivers and ongoing assessment of internal strengths and weaknesses. Develop pricing recommendations. Ensure product development and improvements follow the bank's Product Development Policy (PDP) Responsibilities and Requirements. Figure out training gaps and lead efforts with Training to address needs. You have a key role in leading the IT systems development of new and enhancement of existing products. Has key responsibility in running the project from conception to implementation.
15% Responsible for working with the Marketing team to develop marketing plans for retail banking products (consumer or small business) to drive acquisition or retain existing households.
10% Use your project coordination activities with other product managers through the Bank for Product or Service adaptation for retail channel, new product or process changes for retail, training/communications, billing methods/processes/pricing schemes.
Requires a minimum 5 years of work experience as a product manager or project manager in a financial services organization.
Direct work experience in developing and driving product initiatives from start to finish, from recommendation to post-rollout measurement.
Are your analytics skills strong? Your strategic and critical thinking and customer insight are a bonus.
Do you have effective team work, interpersonal and organizational skills?
A comprehensive understanding of product and project management practices. Confirmed ability to interact and influence executive management. Requires excellent verbal and written communication and presentation abilities.
Requires computer skills (MS Word, Excel, Outlook and PowerPoint).
BA preferred. MBA is a plus.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job: Marketing / Product Development
Primary Location: CALIFORNIA-Glendale
Other Locations: CALIFORNIA-San Diego
Schedule Full Time
Req ID: 10028627-WD