Digital Banking Product Manager

Comerica - Farmington Hills, MI

Full-time - Mid Level

Farmington Hills, MI

Credit Intermediation and Related Activities

About the position

The Digital Banking Product Manager at Comerica Bank is responsible for overseeing a specific product or portfolio of products. This role involves leading the development and implementation of product strategies, managing related projects, and ensuring competitive positioning and profitability. The position may also include team leadership responsibilities, requiring strong organizational and negotiation skills.

Responsibilities

• Develop and implement product strategy.
• Develop recommendations for products and/or product enhancements.
• Manage product pricing related to interest rates and fees.
• Manage competitive positioning and integration into sales process.
• Manage performance within key financial metrics.
• Lead project planning process.
• Form and manage project teams across departments and/or the Bank.
• Lead implementation and delivery within agreed upon parameters.
• Lead contract negotiation process with vendors.
• Manage the day-to-day relationship with vendors.
• Monitor service level agreements (SLAs).
• Evaluate financial performance versus key metrics.
• Conduct monthly reporting and analysis.
• Keep current on the regulatory environment and suggest changes as needed to maintain compliance.
• Manage vendor risk management assessments.
• Lead a small group of co-workers on specific strategic initiatives and/or projects.

Requirements

• Bachelor's degree from an accredited university.
• 6 years of experience in banking/financial services.
• 5 years of experience in project management.
• 3 years of experience in product management.
• 4 years of experience in vendor management.
• 4 years of experience in budget planning including profit and loss.
• 3 years of experience utilizing Microsoft Office Products.