Deposit Product Manager

$100,000 - $142,000/Yr

Northwest Bank - Columbus, OH

Full-time - Mid Level

Columbus, OH

Credit Intermediation and Related Activities

About the position

The Deposit Product Manager at Northwest Bank is responsible for driving the growth and management of retail digital banking and deposit products. This role involves cross-functional collaboration to enhance customer experiences, develop new product features, and ensure compliance with regulations. The manager will analyze market trends, monitor product performance, and execute marketing initiatives to support product adoption and retention.

Responsibilities

• Support the end-to-end lifecycle of Consumer/Small Business Deposit products, including ideation, design, development, and ongoing enhancement.
• Ensure product offerings are competitive, compliant, and aligned with customer needs.
• Monitor and report on portfolio trends including P&L, balances, fee income, and attrition.
• Produce annual and strategic plans for the Deposit Portfolio.
• Stay abreast of market trends and competitor offerings to identify opportunities for new product introductions or enhancements.
• Partner with marketing to develop and implement marketing initiatives to drive awareness and engagement of products.
• Collaborate with technology and information systems to implement system changes and validate them.
• Ensure compliance with regulations governing U.S. retail deposit accounts and manage risks appropriately.

Requirements

• Bachelor's Degree in Business, Finance, Marketing, or related field preferred.
• 6 - 8 years of product management and development or similar experience preferred.
• Ability to establish effective working relationships among team members and participate in problem-solving.
• Excellent communication skills, both oral and written, to present ideas clearly and concisely.
• Strong analytical skills to make informed decisions and track progress.

Nice-to-haves

• Experience in regulatory reporting.
• Knowledge of fundamental regulations governing U.S. retail deposit accounts and digital banking services.

Benefits

• Competitive salary range of $100,000 - $142,000 annually.
• Additional bonus earning opportunities.
• Comprehensive benefits package.