Canandaigua National Bank · 18 hours ago
Product Manager (Personal Deposit Accounts)
Canandaigua National Bank is seeking a Product Manager for Personal Deposit Accounts to develop, manage, and optimize the bank's consumer-related deposit products. The role involves translating customer needs into product roadmaps, managing the product lifecycle, and ensuring compliance with regulatory requirements.
BankingFinancial Services
Responsibilities
Develop product strategy, roadmaps, and new product initiatives to meet business objectives and customer needs
Manage all aspects of the consumer deposit product lifecycle, from conception to retirement, to maximize potential and profitability
Conduct financial modeling to determine the profit and loss impact of new products and enhancements
Monitor product portfolio trends and conduct competitive analysis on product, pricing, and promotional structures
Work with key stakeholders across different departments (e.g., retail, technology, marketing, legal, operations) to drive product initiatives
Track key performance metrics, analyze product performance, and report on results to support business strategies
Ensure products comply with all relevant regulations and support operational, financial, and model risk
Meets with stakeholders to define and develop customer, business, financial, technical, risk and operational goals and requirements
Guide the planning, design, development, and deployment of new product and existing product enhancements that add value and enrich market opportunities
Lead analysis of ROI 'make/buy' decisions; manages external suppliers and partners related to product management function
Collaborate with Marketing to maintain appropriate collateral specific to the product lines, as well as participate in development of effective advertising and marketing campaigns
Prepares and delivers reports, recommendations, or alternatives that address existing and potential trouble areas within assigned product set
Acts in the capacity as a functional contributor for launch activities and life-cycle program management
Collaborates with other areas of the business, including Audit, Retail, Finance, Information Technology, Project Management, Information Security, Compliance, Fraud, BSA/AML, and Corporate Risk for new product launches, enhancements and other support of existing products
Qualification
Required
A B.S. or B.A. degree in business administration, management, marketing, or other-related field required, or equivalent combination of education and work experience
A minimum of five (5) years' experience in product management
Strong knowledge of deposit products (e.g., checking, savings, CDs, money markets) and account opening processes
Experience with modern product management methodologies and software product management
Experience in consumer-facing product management
Ability to perform financial modeling and quantitative analysis
Strong understanding of the competitive landscape and market trends in banking
Excellent communication and collaboration skills to work with cross-functional teams and executive management
Knowledge of product delivery channel functionalities and digital transformation initiatives
Preferred
MBA preferred
Experience in banking/financial services is preferred
Benefits
Medical, dental, vision, FSA, HSA options for both part-time and full-time employees. Medical coverage is also offered for domestic partners.
Paid holidays, vacation, and sick time.
Retirement benefits that include a 401(k), Profit Sharing, and Employee Stock Ownership Plan (ESOP).
Training & development opportunities.
Tuition assistance.
Community focused volunteer opportunities.
Award winning wellness program that promotes a solid work/life balance.
Banking perks and discount programs.
Company
Canandaigua National Bank
Canandaigua National Bank offers a full range of financial services to realize a financial life, well lived.
Funding
Current Stage
Late StageLeadership Team
Recent News
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