Company Overview
Teachers Federal Credit Union (Teachers) is one of the country’s largest credit unions, with more than $9.7 billion in assets and more than 460,000 members across all 50 states. Founded in New York in 1952, Teachers is a full-service, not-for-profit financial institution with an open charter offering membership to anyone in the U.S. through its 33 full-service branches and best-in-class digital solutions. Teachers is a key supporter of the communities it serves and is proud to offer a range of member-focused products with competitive rates and low fees. What started as a smart solution for teachers is now smart for all. For more information, visit www.teachersfcu.org.
About the job
Brief Description
Join Our Team
For 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America’s Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.
Summary
Manages product management and development activities supporting the consumer & small business deposit product portfolios. The manager ensures that deposit products reach profitability and growth objectives, and serves as a principal point of contact for Product Management with our internal and external relationships.
Qualifications & Education
- Bachelor’s degree (BA, BS, BBA, etc.) required or a minimum of eight years directly related experience
- Minimum of five years of product management, product development or product marketing experience required
- Intermediate Banking knowledge of Deposit Products
- Proficient in MS office suite of products – Excel, Word and PowerPoint
Job Duties
- Conduct regular reviews of existing products to ensure that the organization remains competitive. Identify opportunities for new consumer & small business products and feature enhancements. Prepare new product launches and major enhancements to existing products.
- Collaborate with Senior Director to establish, execute, evaluate and monitor the strategic direction of the consumer deposit product portfolios. Create tactical plans and product roadmaps for assigned products and enhancements.
- Act as a primary resource and subject matter expert to the Retail line of business by providing expert product knowledge, product applications, and exception pricing support.
- Act as a team lead among cross functional teams to achieve effective solutions to complex issues. Assemble the appropriate resources from areas including marketing, operations, compliance, finance and administrative support to ensure the timely, cost-effective and efficient delivery of products and features.
- Manage the annual budgeting and strategic planning activities for the consumer portfolio, which includes deposit flows, fee income, and ongoing management of budget variances.
- Partner with the Finance team to forecast and monitor all drivers of the business: accounts, households, balances, margin, fee income, expense, etc.
- Ensure compliance with all applicable laws, regulations, policy, and risk requirements.
- Perform other duties as needed upon request by immediate supervisor
Benefits Of Joining The Teachers Team
We provide a competitive compensation and benefits package that includes, but is not limited to:
- Paid time off for vacation, personal days, and holidays
- Fully-funded pension plan
- 401(k) company contribution
- Teachers pays 100% of Vision & Dental Care
- Tuition reimbursement is offered to full-time employees
- Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
- Flexible hybrid schedule for eligible positions
How to Apply:
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