About the position
The position involves collaborating with cross-functional teams to identify market needs and develop innovative GTMS products and solutions, particularly focusing on Payable products such as checks paid/print, positive pay, commercial card, and electronic payments (ACH/Wire). The role requires managing the entire product lifecycle, including market research, competitive analysis, pricing strategies, and product positioning. Additionally, it involves risk management by assessing potential risks associated with GTMS products and implementing effective risk mitigation strategies. Staying updated with regulations and ensuring compliance with industry guidelines and standards is crucial. The candidate will monitor the performance of GTMS products, analyze market trends, and make data-driven recommendations for product enhancements and modifications. The role also includes advising on technical problem solutions, providing frontline training, and creating/updating policies and procedures, pricing, and marketing materials while adhering to policies and procedures plus industry and regulatory compliance.
Responsibilities
- Collaborate with cross-functional teams to identify market needs and develop innovative GTMS products and solutions.
- Identify, evaluate, and implement measures to improve product performance, profitability, competitiveness, and accountability.
- Manage the entire product lifecycle including market research, competitive analysis, pricing strategies, and product positioning.
- Assess potential risks associated with GTMS products and implement effective risk mitigation strategies.
- Stay up to date with regulations and ensure compliance with industry guidelines and standards.
- Monitor the performance for the GTMS products and analyze market trends.
- Make data-driven recommendations for product enhancements and modifications.
- Advise on the solution of technical problems and prioritize solutions.
- Keep up to date on competition, regulation, marketplace, and internal and external issues related to assigned products.
- Provide frontline training, create/update policies and procedures, pricing, and marketing materials.
- Adhere to policies and procedures plus industry and regulatory compliance.
Requirements
- Minimum Education Level: Bachelor's Degree (preferably in Finance, Business or Economics).
- Minimum Job Experience: 7+ years' experience in commercial banking with a strong understanding of deposit gathering and treasury management solutions.
- Required: Must be able to work independently, a motivated self-starter with a disciplined approach to business development.
- Proficient in Excel, Word, PowerPoint, and Outlook.
Nice-to-haves
- Preferred: Certified Treasury Professional (CTP).
- Preferred: Association of ACH Professional (AAP).
Benefits
- Salary range: $190,000.00 - $200,000.00 + bonus + benefits.
