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Consumer Lending Product Manager II

Hillsboro, OR, United States

Description

The Consumer Lending Product Manager II oversees the Consumer Lending product development life cycle and monitors trends that indicate the need for new products and services, making recommendations as appropriate. The Product Manager II also assists with the crafting of strategies and plans for the growth of all consumer lending products and services for profit and loss optimization.

Here's what you can expect from the job and what you need to be successful:

Job Duties

Use industry/external trends, analytics, and intuition to continually measure, evaluate and optimize products to drive product innovation, sales and financial performance

Work collaboratively with all partners to develop marketing/channel engagement/underwriting strategies to grow the product with optimal ROI

Determine demand for products and services and develop product functionality and features (e.g. system requirements, pricing) and a roadmap for future features and enhancements

Develop pricing strategies to maximize ROI and market share

Monitor product performance along with market trends, user feedback, competitive information and market research to determine the right feature set

Draft product and business requirements documents and work with appropriate business units and external business partners to determine key deliverables

Compile, analyze and present performance metrics and identify key ways to optimize results

Analyze market conditions to identify new business opportunities, products and strategies

Have a thorough understanding of organization’s operating plan and products

Essential Skills

Minimum 3 years’ experience with product management including analyzing product lines to maximize performance, penetration and pricing; preferably in consumer lending

Experience evaluating and implementing third-party product or service solutions

Strong analytical and problem solving skills; ability to autonomously resolve complex issues

Ability to deliver effective stakeholder presentations to both peer and executive level audiences

Strong ability to articulate complex concepts while tailoring the message to different audiences including senior leadership, technical teams, and member support teams

Ability to successfully drive projects, processes and change management concepts in a dynamic and complex operating environment

Ability to effectively collaborate with multiple business units, leadership and vendors to achieve organizational goals

Experience and Knowledge in develop mockups wire frames, product prototypes

Strong understanding of consumer lending regulations

Intermediate knowledge of Microsoft Office Suite, particularly Excel and PowerPoint

Tableau experience required

Minimum Education: Bachelor's degree (preferably in Business Administration or other related fields of study) or equivalent relevant work experience.

Location: Hillsboro, OR 97124 (HYBRID)

Target Compensation in Hillsboro, OR: $95,000 to $110,000 annually + annual bonus

Benefits options include:

Traditional medical, dental, and vision coverage

401K matching up to 5% per pay period

Accrue up to 17 days of Paid Time Off your first year of employment

11 paid federal holidays

Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

What makes First Tech different? Click here to learn more!

First Tech is not currently offering Visa sponsorship for this position

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