Truist Financial

Liquidity Product Manager II

Truist Financial$90K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in related field or equivalent experience.
  • 10+ years in financial services or consulting, focusing on strategic planning and product management.
  • Strong product management, design and development skills.
  • Broad knowledge of Treasury Solutions applications and products.
  • Superior influencing and negotiation skills.
  • Excellent verbal and written communication skills.
  • Advanced knowledge of payments systems.

Responsibilities

  • Plan and coordinate activities for assigned product portfolio.
  • Document and present concepts for new products to management.
  • Support product development processes for new product lines.
  • Manage product line direction through assessments and strategy evaluation.
  • Lead development of product profit and loss and business plans.
  • Develop and present product line update reports to stakeholders.
  • Encourage continuous process improvement initiatives.

Benefits

  • Medical, dental, and vision insurance.
  • Life and disability insurance.
  • 401(k) plan with tax-preferred savings options.
  • Paid vacation (minimum of 10 days) and sick days (10 days).
  • Paid holidays and potential pension plan eligibility.
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for managing the strategic and tactical aspects of assigned product portfolio to meet the needs of our targeted commercial markets and the strategic goals of Treasury Solutions. A product manager is responsible for managing product lifecycle processes including ideation, strategy, development, management, marketing, communication, commercialization, profitability, sales support strategies and ongoing monitoring and risk managemen

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time. 

1.    Plan, promote, manage and coordinate activities for assigned product portfolio and ensure synergy with related product line managers to meet objectives.
2.    Document and socialize concepts for new products and/or line extensions to meet existing or anticipated market needs; present to management as appropriate.
3.    Support development of new products and/or lines extensions as required pursuant to pre-established product development processes.
4.    Manage product line direction through leading and participating in ongoing assessment of current products, pricing, and position; systematically develop and evaluate opportunities for new products and/or line extensions; and identify new target markets and related strategies.
5.    Lead the development, execution and maintenance of a product profit and loss and product family business plan that provides current market information, including sales and gross profit margin history, year to date actuals and projections, key market position, sales channels and competitive strategies, pricing, market share, and product lifecycle and evolution plans.
6.    Lead the development and presentation of monthly, quarterly and annual product line update reports, as directed.
7.    Initiate and encourage continuous process improvement by developing ways to assess and maximize opportunities for change.
8.    Establish, socialize and manage development of clear pricing strategies, discount structures, and guidelines for all sales channels and target markets; analyze market data, competitive data, segment data, revenue/cost/profitability data and product/product line strategy.
9.    Lead the development of volume forecasts based on historical trends, market environment, business plan and pricing strategy impacts.
10.    Initiate and participate in the prioritization of development and promotional projects for the product line and partnership with sales partners.
11.    Support sales through joint sales calls to key clients; trade show support and conference calls.
12.    Initiate and maintain awareness of the competition and other market forces affecting the product line, through effective networking and research.
13.    Act as a mentor and/or team lead to junior product managers, product associates and analysts.
14.    Adhere to and follows all applicable policies and procedures; proactively escalate issues and risks to senior leadership's attention.

Qualifications

Required Qualifications:

1.    Bachelor's degree in related field or an equivalent combination of education and related work experience.
2.    10+ years of relevant financial services or consulting firm experience, working on teams with responsibility for strategic planning, product management, sales force effectiveness and industry analysis.
3.    Strong product management, design and development skills.
4.    In-depth and broad knowledge of Treasury Solutions applications and products.
5.    Strong leadership, management and marketing skills.
6.    Strong analytical and problem-solving skills.
7.    Excellent verbal and written communication, presentation, organization and time management skills.
8.    Superior influencing, negotiation and conflict management skills.
9.    Advanced knowledge of payments systems and practices.
10.    Superior financial and competitive analysis skills.
11.    Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Preferred Qualifications:

1.    Master’s degree in Business Administration
2.    Certified Treasury Professional (CTP) designation and/or Accredited Automated Clearing House (ACH) Professional (AAP) certifications
3.    Creative problem solver; demonstrated marketing and research skills
4.    Ability to create strong strategic plans and business cases for new opportunities
5.    Ability to synthesize complex information to communicate effectively with teammates at all levels

Other Job Requirements / Working Conditions

Sitting/Standing/Walking/Bending/Lifting

X     Sitting (if checked, indicate frequency)

                         Constantly (more than 50% of time) 

☐       Standing (if checked, indicate frequency)

                          not applicable

☐      Walking (if checked, indicate frequency)

                      not applicable      
☐      Bending (if checked, indicate frequency)

                        not applicable
☐      Lifting (if checked, indicate pounds)

                         not applicable 

x  Visual / Audio / Speaking

Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.

x   Manual Dexterity / Keyboarding

Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.

x   Availability

Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.

þ   Travel (Must select one)

Up to 25

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

SEARCH TRUIST FINANCIAL JOBS

READ CAREERS BLOG

Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

Similar Jobs

More Jobs at Truist Financial

More Finance & Insurance Jobs

Find similar Liquidity Product Manager II jobs: