Western Alliance Bancorporation

Senior Product Receivables Specialist

Western Alliance Bancorporation$130K — $155K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Product Management or a similar field
  • Bachelor's degree in a related area
  • Intermediate to advanced knowledge of banking operations such as treasury management
  • Proficient in regulatory compliance and applicable industry standards
  • Familiarity with banking products and pricing dynamics
  • Experience in marketing plan development and execution
  • Excellent verbal and written communication skills

Responsibilities

  • Support Product Managers in developing payment and Commercial Card products
  • Manage and expand Middle Market and ePayables product portfolios
  • Collaborate with diverse teams to boost profitability and revenue growth
  • Design client experience processes for new product implementations
  • Identify spend growth opportunities with existing clients
  • Oversee supplier enrollment and provide necessary training to staff
  • Develop strategies to enhance sales processes and client experiences

Benefits

  • Competitive salaries
  • Ownership stake in the company
  • Medical and dental insurance
  • Generous 401k matching program
  • Tuition assistance program
  • Employee volunteer opportunities
  • Wellness program
Full Job Description
Job Title:
Senior Product Receivables Specialist

Location:
Costa Mesa

What you'll do:
As a Senior Product Specialist, you'll support our Product Managers in creating best-in-class payment and Commercial Card products. You'll participate in the rapid growth, development and expansion of our Commercial Card suite of products by managing and growing our portfolio of Middle Market and ePayables products by achieving client growth, retention and profitability goals. You'll significantly expand program size by working collaboratively across Treasury Management Sales, Product Management, Card Operations, Marketing, and with industry partners and vendors to continue delivering strong Commercial Card profitability and revenue growth for Western Alliance Bank. In this role you'll collaborate with Product Managers, Product Analysts, Sales, IT, Compliance, Legal, and Executive Team to develop market for profitable payment products by increasing sales and usage of product suite.
  • Develop an excellent client experience process for implementing new products and work with internal teams to grow existing programs and ensure accurate and timely implementation of new programs signed.
  • Develop an account management process to identify spend growth opportunities with existing client base to drive volume.
  • Manage supplier enrollment process and assist line staff with identifying and executing opportunities. Provide training, pricing, benefits and product enhancements to internal divisional line staff.
  • Drive the strategy and roadmap to improve the sales process and client experience across Commercial Card products while ensuring key profitability metrics are being met, training programs are designed, and product and technical expertise is provided to assist Treasury Sales in furthering the value proposition of payment products.


What you'll need:
  • 5+ years of related experience in Product Management or similar field.
  • Bachelor's degree in related field required.
  • Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate to advanced knowledge of banking products, including treasury management, credit cards, as well as pricing dynamics. Market specific awareness.
  • Intermediate to advanced experience with building marketing plans as well as designing and executing presentations.
  • Advanced speaking and writing communication skills.


Compensation: Salary range for new hires is generally $130,400.00 - $155,000.00 for Costa Mesa, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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