Product Manager II

First Interstate Bank

Billings, MT

Full Time

Mid Level

8 days ago

Job Description

About the Role

The Product Manager II will work in collaboration with the Product Management team on the ongoing development, implementation, and management of bank products. This position will oversee all aspects of the product lifecycle management, from idea generation to implementation and sunset for a defined product set. Additionally, this position will provide assistance in support of the daily functions of the Product Department, including project leadership, development of product materials and tools, conducting product research, and analysis with focus on short-term execution and long-term strategy, vision, growth, and end-to-end user experience.

Key Responsibilities

Manages the development of the assigned product roadmap in alignment with the bank's annual operating plan and strategic initiatives.
Partners with business units and key vendors to keep the bank's product set ahead of the changing landscape.
Creates and manages project plans and business cases, including scoping the project, identifying key dependencies, vendors, and systems, and performing product analysis, financial reviews, and assessments.
Facilitates product compliance requirements, including monitoring regulatory changes, managing risk, and addressing reputational risk within the product line.
Maintains current knowledge of industry regulations and compliance requirements.
Develops business requirements for products sourced through vendor relationships.
Evaluates and enhances actively sold and serviced products, identifying opportunities for revenue growth, tracking profitability, and managing changes to assigned products.
Utilizes customer feedback, industry surveys, employee input, and competitive product analysis to inform decisions.
Develops deep expertise in all assigned products and services.
Maintains the content of product grids, fee schedules, rate sheets, disclosures, and other product-related materials to ensure accuracy, completeness, and compliance.
Creates product materials and tools for training use and spearheads communications regarding product updates, launches, campaigns, or procedural changes.
Acts as the subject-matter expert and provides responsive assistance to branches, client support, and other departments company-wide for product-related support and solutions.
Evaluates product data sets and reports, and communicates results and recommendations to product managers.
Assists with promotional campaigns in collaboration with Marketing, preparing campaign materials, ordering collateral, tracking results, and coordinating with branches, sales, and delivery teams.
Monitors the marketplace to identify product trends, risks, and opportunities, and reports these findings as needed.

Requirements

Bachelor's Degree required
4-6 years related industry experience required

Qualifications

Ability to perform each essential duty satisfactorily.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits & Perks

Generous Paid Time Off (PTO) in addition to paid federal holidays.
Student debt employer repayment program.
401(k) retirement plan with a 6% match.

Working at First Interstate Bank

We know your career is just one aspect of a meaningful, complex, and demanding life. We designed our compensation and benefits package to provide employees and their families with as much choice as possible. We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

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