Cathay Bank

AVP, Treasury Management Product Management Officer

Cathay Bank$85K — $102K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • College degree preferred in Finance, Marketing, or business-related discipline.
  • Minimum of three years banking experience; five years preferred.
  • At least two years in Product Development or Product Management roles is preferred.
  • Strong analytical and research skills with high attention to detail.
  • Excellent communication skills in presenting and interpersonal interactions.

Responsibilities

  • Assist in defining and executing product strategy and roadmap.
  • Own all service-related challenges connected to the product.
  • Assist with design and operational impact assessments of product offerings.
  • Develop compelling product positioning and market messaging.
  • Track product deficiencies and ensure resolution of product issues.
  • Maintain detailed logs of product issues from discovery to resolution.
  • Lead brainstorming sessions for new product ideas and marketing.

Benefits

  • Comprehensive medical, dental, and vision insurance coverage.
  • Life and long-term disability insurance.
  • Flexible spending accounts (FSAs) and health savings accounts (HSA) with company contributions.
  • 401(k) plan participation.
  • Potential for a discretionary bonus.
Full Job Description
GENERAL SUMMARY

The Product Management Officer is responsible for assisting the product manager with the product planning and execution of consumer and commercial deposit and fee-based products, throughout the product lifecycle, including gathering and prioritizing product and customer requirements, defining the product vision, and assisting the product manager in working closely with IT, Sales, Marketing and Operations to ensure revenue and customer satisfaction goals are met.

ESSENTIAL FUNCTIONS

  • Assist the product managers with defining and executing assigned product strategy and roadmap.
  • Own all elements around subject matter product including all service-related challenges.
  • Responsible for assisting with the design, financial feasibility, and operational impact of product offerings.
  • Develop product positioning and messaging that differentiates products in the market.
  • Assist the product managers track all product deficiencies, take lead in ensuring product issues are resolved.
  • Maintain logs of all product issues to include discovery date and issue resolution date.
  • Lead idea generation for new products and product marketing.
  • Assist the Product Manager with developing and maintaining policy language in partnership with Operations, Compliance, and Audit.
  • Provide support and product training to frontline team members.
  • Assist the product manager with presenting to all levels within the bank including Executive Management.


QUALIFICATIONS

  • Education: College degree with major in Finance, Marketing, or business-related discipline preferred but not required.
  • Experience: Minimum three years of banking experience, (five years preferred), of which a minimum of 2 years experience in Product Development, Product Management, or an equivalent role.is preferred..
  • Skills/Ability: Excellent presentation, interpersonal, professional, good verbal, and written communication skills; strong software knowledge (Excel, Word, PowerPoint); good analytical and research ability; organized with good prioritizing skills and have high attention to detail; good time management and able to manage multiple objectives at one time, with minimal guidance and supervision. Bilingual Chinese a plus but not required.


OTHER DETAILS

$85K - $102K / year
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

About Cathay Bank

Cathay Bank is a regional bank that provides personal and commercial banking services. The bank offers checking and savings accounts, loans, credit cards, and other financial services. Cathay Bank serves customers in California, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, and Washington. The bank was founded in 1962 and is headquartered in El Monte, California.
Learn more about Cathay Bank
Size
1,156 employees
Market Cap
$3 billion
Industry
Net Income
$228.8 million
5 Year Trend
+6%
NASDAQ

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