Prin Product Manager - Loan Products (Hybrid)

Compeer Financial - Sun Prairie, WI

Full-time - Senior

Sun Prairie, WI

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

Compeer Financial is seeking a Principal Product Manager for Loan Products to join our dynamic team in Sun Prairie, Wisconsin. This hybrid position is pivotal in creating and implementing a repeatable process for product definition, development, optimization, and management that aligns with the company's objectives and market needs. The Principal Product Manager will work closely with various stakeholders to identify market opportunities and manage the development of new lending products. This role also involves optimizing existing products to ensure a competitive edge and enhance the client experience. Close collaboration with internal teams is essential to deliver impactful products that drive revenue growth and market differentiation. The successful candidate will develop and execute a comprehensive process to ideate, test, develop, and optimize loan products that align with organizational goals and market demands. This includes documenting a standard process for loan product development, ensuring that each stage from ideation to launch is clearly defined and repeatable. The Principal Product Manager will communicate this process across all business areas, including sales, new markets, business technology, and credit, to ensure a shared understanding of the framework and benchmarks associated with each step. Additionally, the role involves building a Product Development Life Cycle (PDLC) playbook for the organization. The Principal Product Manager will partner with market research to develop and utilize client feedback, surveys, and focus groups to gain insights into client preferences and pain points, which will inform product design decisions. Collaboration with Sales Enablement and Marketing is also crucial to build comprehensive training materials and resources for internal stakeholders, ensuring a smooth rollout and adoption of new loan products. This position is an excellent opportunity for a strategic thinker with a strong background in product development within the financial services industry, particularly in lending.

Responsibilities

• Develop and execute a comprehensive process to ideate, test, develop and optimize loan products aligned with organizational goals and market demands.
• Document the standard process for loan product development, ensuring each stage from ideation to launch is clearly defined and repeatable.
• Communicate the product development process with all business areas including sales, new markets, business technology, and credit.
• Build a Product Development Life Cycle (PDLC) playbook for the organization.
• Partner with market research to develop and utilize client feedback, surveys, and focus groups to gain insights into client preferences and pain points.
• Collaborate with Sales Enablement and Marketing to build comprehensive training materials and resources for internal stakeholders.

Requirements

• Bachelor's degree in business administration, finance, economics, or related field; advanced degree preferred.
• Minimum of 10 years of progressive experience in product development within the financial services industry, with a focus on lending.
• Ability to think tactically and strategically when necessary.
• Advanced knowledge of product life-cycle or product management/development.
• Advanced interpersonal skills, communication, presentation, problem solving, analytical, organizational, critical thinking and listening skills.
• Advanced knowledge of the financial industry.
• Ability to effectively lead multiple projects simultaneously.
• Ability to collaborate/influence others as a leader of projects.
• Strong business and financial services literacy with the ability to translate the information to marketing initiatives and educate groups on how the two intersect.
• Advanced computer skills including MS Office applications and WebEx software.
• Must be comfortable seeking input from all levels throughout the organization.
• Proven client service skills and effective team skills are essential.
• Strong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
• Valid driver's license.

Benefits

• Medical, Dental, Vision insurance
• 401K (3% Compeer contribution & up to an additional 6% match)
• Paid time off (vacation, sick leave, holidays, volunteer time)