The Associate Director of Custom Products will play a crucial role in designing, developing, and managing a portfolio of customized banking products that meet the unique needs of our clients. This role requires a strategic thinker with a deep understanding of the banking industry, product development, and client relationship management. The successful candidate will work closely with cross-functional teams to deliver innovative and competitive products that enhance customer satisfaction and drive business growth.
Key Responsibilities:
Product Development:
- Lead the end-to-end product development process for custom banking products, from ideation to launch.
- Conduct market research and analysis to identify client needs, industry trends, and competitive landscape.
- Collaborate with internal stakeholders to define product requirements, features, and specifications.
Client Engagement:
- Engage with key clients to understand their unique needs and provide tailored product solutions.
- Develop and maintain strong relationships with clients, acting as their primary point of contact for custom product inquiries and issues.
Project Management:
- Oversee multiple product development projects simultaneously, ensuring timely and successful delivery.
- Coordinate with cross-functional teams, including marketing, sales, operations, and IT, to ensure seamless product implementation.
Financial Management:
- Develop and manage product budgets, ensuring cost-effective product development and delivery.
- Monitor product performance and profitability, making data-driven decisions to optimize product offerings.
Team Leadership:
- Mentor and guide a team of product managers and analysts, fostering a collaborative and high-performing work environment.
- Conduct regular performance reviews and provide constructive feedback to team members.
Qualifications:
Education: Bachelor's degree in Business, Finance, Economics, or a related field. MBA or advanced degree preferred.
Experience:
- 7+ years of experience in product development, preferably within the banking or financial services industry.
- Proven track record of successfully managing and launching custom banking products.
Skills:
- Strong analytical and problem-solving skills with a data-driven mindset.
- Excellent communication and interpersonal skills, with the ability to build strong client relationships.
- Proficiency in project management tools and techniques.
- Ability to work collaboratively with cross-functional teams and manage multiple projects simultaneously.
Leadership:
- Demonstrated ability to lead and develop high-performing teams.
- Strong strategic thinking and decision-making skills.
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