Product Management - VP Product Management - Remote

In conjunction with the SVP Marketing and Public Relations, the VP Product Management is responsible for the strategy, road map and feature definition for Nuvision’ consumer products (excluding mortgage).

This role develops and executes consumer deposit and lending product market strategies for all channels (i.e.

branch, digital) for the Retail Business Segment.

In close consultation with leadership, establishes cross-functional processes and defines consumer lending and deposit product sets including credit card management.

Collaborates with internal corporate business partners to deliver product strategy to grow Most Valued Members (MVMs) and achieve the credit union’s growth goals..

Accountable for building deep, profitable relationships with members and achieving annual business results (P&L) that meet or surpass consumer lending and deposit product expectations year-over-year. 

Recommends pricing for consumer loans and deposit products including: loan types, risk parameters, compliance factors, steps that must be taken to give branches member centric pricing flexibility in local markets.

Standardize the process for developing and approving member pricing deals and promotions at the local level.

Establishes a decision rights framework to define the pricing decisions that need to be made, and to identify the individuals responsible and authorized to make them.

Research product ideas for deposits including features/benefits, competitive factors for each region, regulatory implications, technology/system requirements and cost/benefit analysis.

This role directs research to understand the competitive landscape of all Nuvision markets and uses findings and insights to help define product sets, and establish product pricing, segmentation, and distribution channels for consumer lending and deposit products.

Drives “cultural” and “change” processes that build and evolve business as needed.

Leads product lending and deposit teams (hires, manages, and trains) as well as product vendors (identifies, selects, and manages).

Responsibilities:


* Owns annual financial and business results for consumer lending and deposit products.


* Manages budgets, meeting or exceeding P&L projections. 


* Develops recommendations to improve product profitability.


* Track and improve our product metrics across acquisition, engagement, conversion, and revenue. 


* Develops the strategy , road map and business requirements of Nuvision retail consumer products.


* Owns product vision  and continuous improvements of products and features.


* Provides cross-functional leadership (marketing, sales, operations, finance) to drive effective product enhancements and new product roll outs. 


* Assist multiple teams in defining specifications for complex products or cross-platform capabilities. 


* Chair of the Product Management Committee.


* Key stakeholder on Deposit and Lending Pricing Committee


* Leads consume...