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Director of Product Management (HYBRID)
Fulton Bank, N.A. Lancaster, PA
$161k-191k (estimate)
Full Time 2 Months Ago
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Fulton Bank, N.A. is Hiring a Director of Product Management (HYBRID) Near Lancaster, PA

Director of Product Management (HYBRID)
Job LocationsUS-PA-Lancaster
Requisition ID2024-19982Location Name23 East KingCountyLancasterCategoryRetail BankingPosition Type (Portal Searching)Full-TimeFLSA StatusExempt
Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This position is hybrid with in-office days located at 23 East King Street in Lancaster, Pennsylvania.

This role will develop and implement the strategic direction and focus for a variety of banking products in the area of small business. Primary responsibilities will focus on driving prioritization, development, implementation, and performance of specific Banking products while maintaining alignment with Fulton's profitability goals and objectives. The Director of Product Management will own various products and/or services assigned to product channels (both existing as well as new solutions) in support of growing revenue, optimize the experience of Fulton's consumers to drive acquisition and retention of relationships, and provide project management and team leadership for initiatives. In addition, the Director of Product Management will be responsible for Pricing recommendations and Cost of Funds goals. Incumbents will lead projects through an agile management framework and team leadership to execute on strategic initiatives. Occasional travel required.

Responsibilities
    Develop and implement Product Management strategy to include identification of new products and solutions. Execution activities will include the evaluation, management, development, and monitoring of initiatives to drive solution development, including product risk management and managing all stakeholders involved in support of the product initiative
  • Evaluate existing products to identify and lead the maintenance, upgrading, and overall performance optimization of existing products utilizing customer insights and evaluation of product performance to remedy market concerns and increase product usage
  • Provide recommendations to identify, recommend, develop, and implement new products in expectation of customer needs. Drive product growth through collaboration with product teams, internal stakeholder/internal departments, and external vendors
  • This position will manage, recommend, and is accountable for the deposit and loan rate product recommendations along with accountability for the meeting Cost of Funds targets/goals for the product lines organizationally.
  • Manages a team of direct reports. Team management responsibilities will include planning, managing, and evaluating performance, making salary and promotional recommendations, and partnering with Human Resources to resolve employment related issues as necessary. Support and provide direction as team members engage and lead product development initiatives to establish and achieve milestones, adhere to timelines, conduct/oversee testing, and evaluate internal processes and external vendors as required
  • Assist in creating marketing and sales material and assist sales by serving as the Subject Matter Expert and fostering a better understanding of products in the financial industry
  • Support other corporate projects and priorities, including risk management, M&A, onboarding, etc., as needed
Qualifications
Education

Bachelor Degree or the equivalent experience. Specialty: Business, Finance or other applicable. (Required)

Master Degree or the equivalent experience. Specialty: Business Administration. (Preferred)

Experience

7 or more years small business product development and management. (Required)

10 or more years banking, marketing, or project management within financial services. (Preferred)

1 or more years team leadership. (Required)

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

EEO Statement
Fulton Bank ("Fulton") is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
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Job Summary

JOB TYPE

Full Time

SALARY

$161k-191k (estimate)

POST DATE

02/09/2024

EXPIRATION DATE

03/29/2024

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The following is the career advancement route for Director of Product Management (HYBRID) positions, which can be used as a reference in future career path planning. As a Director of Product Management (HYBRID), it can be promoted into senior positions as a Product Management Senior Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Product Management (HYBRID). You can explore the career advancement for a Director of Product Management (HYBRID) below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Product Management, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Product Management for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Product Management job description and responsibilities

Director of Product Management advocate for their products with executives and other stakeholders.

01/08/2022: Chillicothe, OH

The Director of Product Management oversees and ensures that the functions of the Junior Product Manager, Product Manager, Senior Product Manager, and Head of Product Management are efficiently and effectively executed.

03/27/2022: Greensboro, NC

Collaboration leads to clear and efficient product road mapping, product planning, prioritization, and an overall agile product development process.

03/10/2022: Allentown, PA

The best Director of Product Management use purpose-built product management software like Aha! Roadmaps to drive results.

02/14/2022: Flagstaff, AZ

Director of Product Management provide the expertise needed to lead and make strategic product decisions.

04/01/2022: Ogden, UT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Product Management jobs

Where practitioners of more established crafts, like design and engineering, have been able to segment themselves by their specialization, Director of Product Management are still defining what the role should be.

03/28/2022: Augusta, GA

Aligning stakeholders around the vision for the product.

01/18/2022: Hialeah, FL

While a product manager defines the direction of the product through research, vision-setting, alignment, and prioritization, the product owner should work more closely with the development team to execute against the goals that the product manager helps

01/28/2022: Dothan, AL

Clearly understanding the costs and benefits of each choice guides the product manager toward the right decision.

02/27/2022: Columbus, MS

Director of Product Management are responsible for leading the product organization for a larger product vertical, managing a larger team of PMs and setting strategy for the organization.

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Step 3: View the best colleges and universities for Director of Product Management.

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