Location:
For Those Who Work At Home – Various, New York 10705
Treating members to financial peace of mind.
Laurel Road, a brand of KeyBank National Association and a proud leader in the fintech banking space, is committed to providing our members with industry leading and digital first financial solutions and products. All offerings have been constructed to help our member build a bright financial future. The Laurel Road brand brings with it award-winning service, over $12 billion in funded loans, proven success in the digital lending space and a core set of banking products including mortgages, student loan refinancing, personal loans, credit cards, deposit accounts, financial education and our online/mobile banking applications.
The Laurel Road brand also brings with it a hyper focus on the Healthcare industry. With the launch of Laurel Road for Doctors, a new suite of products and services for doctors, we’ve expanded our commitment to treating doctors to financial peace of mind. From physician mortgages to checking, savings and credit products that help them pay down med school loans, we believe those serving others deserve the same level of care from their bank.
About the Job:
We empower our product team to solve hard problems – member problems and business problems – in ways that our members love, yet work for Laurel Road.
Our product team maintains the skills necessary to come up with effective solutions that are valuable (to our members and prospects), viable (the solution works within the many constraints of the business model), usable (the end user can figure out how to use) and feasible (our engineers have the skills and technology to implement).
The Deposits Sr. Product Manager will:
Set a product strategy vision based on member needs, market and competitive trends, and business modelDrive end to end ownership of the product dynamics including optimizing funnel efficiency and portfolio managementManage pricing strategies that maximize acceptance while controlling for our credit and financial hurdles
The Sr. Product Manager is a key member of the Product leadership team and helps create a culture of ownership and accountability across the team.
Primary Responsibilities:
End to End Product Ownership: The Sr. Product Manager must contribute a solid knowledge of the various constraints of the business – constraints from marketing, sales, service, finance, risk, legal, compliance, fraud, and privacy—to name a few. The Sr. Product Manager must also contribute a deep knowledge of our prospects and members, and the data about how our members engage with our products. Finally, the Sr. Product Manager is expected to track industry trends and the competitive landscape as they pertain to their product to produce the best solution possible. Collaborate Across Teams: While each member of the broader team may be accountable for a specific risk, the Sr. Product Manager understands that consistent innovation is the result of each member of the team contributing their passion and their ideas. The Sr. Product Manager must collaborate closely with the entire team to discover effective solutions, and then work together to deliver those solutions to market.Manage Performance: The Sr. Product Manager owns the results, even when this means they have to work through others to achieve the necessary results. Decisions are expected to be data driven and measurable aligning with overall business and company priorities. Mange Performance means managing the risk vs the opportunity while balancing the credit, fraud, and financial hurdles of the product. Leadership: You are responsible to create, build, maintain, and implement the team’s strategy, vision, roadmap initiatives and projects. Working with top talent in a fast-paced environment, setting data quality, governance, and visualization in a simplistic manner are top priorities. Develop and maintain policies and procedures necessary for the correct functioning of the area.
Required Experience & Education:
7+ years of experience in strategy, analytics, financial services, consumer, or related3+ years leading deposit products and/or deposits strategy2+ years working on technology-powered banking products.A strong understanding of consumer banking including lending, deposits, and credit riskExperience in finance, banking, fintech, and product managementExpert experience in creating product briefings and presenting to executive leadershipBachelor’s degree or equivalent practical experience.Demonstrated understanding of the techniques and methods of modern product discovery and deliveryDemonstrated ability to learn multiple functional areas of business – engineering, design, finance, sales, or marketing.Demonstrated ability to figure out solutions to hard problems with many constraints, using sound judgement to assess risks, and to lay out your argument in a well-structured, data-informed, written narrative.Proven ability to engage with engineers, designers, and company leaders in a constructive and collaborative relationship.
Compensation And Benefits
This position is eligible to earn a base salary in the range of $125,000 to $175,000 annually depending on job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Please click here for a list of benefits for which this position is eligible.
Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be Mobile or Home-based, which means you may work primarily either at a home office or in a Key facility to perform your job duties.
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [email protected].