Senior Treasury Management Product ManagerAs part of this role you will: - Treasury Management Product Strategy & Portfolio Leadership
- Develop, lead, and continuously evolve product strategies that support enterprise Treasury Management, Commercial Banking, and Payments objectives.
- Own the strategic roadmap for assigned Treasury Management products and capabilities, including prioritization of investments, enhancements, integrations, and innovation initiatives.
- Align product strategy with enterprise growth objectives related to deposits, fee income, client acquisition, relationship expansion, and digital adoption.
- Identify market opportunities through analysis of client behavior, industry trends, competitive intelligence, regulatory developments, and emerging technologies.
- Develop business cases, investment recommendations, and strategic proposals supporting product growth and modernization initiatives.
- Establish measurable performance objectives that evaluate product effectiveness, client value, market competitiveness, and financial contribution.
- Product Lifecycle Management & Innovation
- Lead the end-to-end management of Treasury Management products from strategy and design through implementation, optimization, and retirement.
- Partner with Technology, Operations, Digital Banking, and external vendors to implement product enhancements, new capabilities, and platform improvements.
- Drive innovation initiatives involving real-time payments, embedded banking, artificial intelligence, API integration, fraud prevention, and digital treasury solutions.
- Ensure products remain scalable, competitive, operationally efficient, and aligned with evolving client expectations.
- Promote continuous improvement through modernization of product capabilities, service delivery models, and digital experiences.
- Client Experience & Market Leadership
- Serve as a Treasury Management subject matter expert and strategic advisor to business leaders and client-facing teams.
- Lead efforts to gather and analyze client feedback, market intelligence, industry research, and competitive insights.
- Translate client needs into product enhancements and strategic initiatives that improve client satisfaction, retention, and treasury wallet share.
- Support key client engagements, strategic prospect opportunities, and executive-level treasury discussions.
- Represent the bank in industry forums, vendor relationships, customer advisory councils, and professional organizations as appropriate.
- Commercial Banking & Treasury Sales Enablement
- Partner with Treasury Management Sales, Commercial Banking, Corporate Banking, and Business Banking teams to support growth objectives.
- Develop product positioning, value propositions, sales tools, training programs, and solution frameworks that enhance market effectiveness.
- Support significant client opportunities, complex treasury solution design, request-for proposal responses, and strategic relationship initiatives.
- Ensure relationship managers and Treasury Management officers have the tools, resources, and product expertise necessary to serve clients effectively.
- Collaborate with Marketing and Sales leadership to increase awareness, adoption, and market penetration of Treasury Management solutions.
- Enterprise Leadership & Cross-Functional Execution
- Lead cross-functional initiatives involving Payments, Commercial Banking, Technology, Operations, Risk Management, Compliance, Finance, Marketing, Digital, Information Security, and external partners.
- Establish governance processes, decision-making frameworks, and prioritization models that support effective product management and execution.
- Drive alignment across stakeholder groups to ensure successful delivery of strategic initiatives.
- Influence enterprise decisions regarding product investments, client experience improvements, technology modernization, and business growth opportunities.
- Build strong partnerships across business lines to support long-term Treasury Management objectives.
- Financial Performance & Business Management
- Own product performance metrics, including revenue growth, fee income, deposit balances, client adoption, utilization, profitability, and market performance.
- Develop and maintain scorecards, dashboards, and executive reports evaluating product health and business outcomes.
- Analyze pricing, profitability, market penetration, and client utilization trends to identify opportunities for optimization.
- Evaluate return on investment for product initiatives and make recommendations regarding future investments and strategic priorities.
- Support annual planning, forecasting, budgeting, and long-term product portfolio management processes.
- Risk, Compliance & Product Governance
- Establish and maintain governance practices supporting effective product oversight, accountability, and regulatory compliance.
- Partner with Risk Management, Compliance, Legal, Audit, Fraud Prevention, and Information Security teams to assess and mitigate product-related risks.
- Ensure Treasury Management products comply with applicable banking regulations, payment network requirements, and internal policies.
- Lead product responses to regulatory changes, audit findings, and evolving industry requirements.
- Oversee vendor management activities and third-party relationships impacting Treasury Management products and services.
- Leadership & Organizational Development
- Provide leadership, coaching, and mentorship to Product Managers, Product Analysts, and Treasury Management team members.
- Contribute to departmental strategy, talent development, succession planning, and organizational effectiveness initiatives.
- Promote a culture of innovation, accountability, collaboration, and continuous improvement.
- Establish repeatable product management practices, governance standards, and operating routines that support scalable growth across the Treasury Management organization.
To be successful in this role, we require the following:
- Bachelor's degree in Business, Finance, Accounting, Economics, Management, Information Systems, or related field.
- Minimum of six (6) years of experience in Treasury Management, Payments, Product Management, Commercial Banking, Cash Management, or related financial services disciplines.
- Minimum of three (3) years leading strategic product initiatives within a complex banking environment.
- Demonstrated experience managing product portfolios, strategic roadmaps, and enterprise-level initiatives.
- Strong knowledge of Treasury Management products, payment systems, commercial banking services, and liquidity management solutions.
- Experience working across large, matrixed organizations and influencing senior stakeholders without direct authority.
- Strong business acumen, analytical capabilities, and financial management skills.
- Proven ability to develop and execute product strategies that drive measurable business outcomes.
- Excellent communication, presentation, leadership, and stakeholder management skills.
The following would be a plus: - Experience within a large regional, super-regional, or national financial institution.
- Deep expertise in ACH, Wire Transfer, RTP, FedNow, Commercial Card, Lockbox, Integrated Receivables, Integrated Payables, Merchant Services, Positive Pay, Account Analysis, International Payments, and Liquidity Management.
- Certified Treasury Professional (CTP), Accredited ACH Professional (AAP), Accredited Payments Risk Professional (APRP), or similar industry certification.
- MBA or advanced graduate degree.
- Experience leading digital treasury transformation, payments modernization, fintech partnerships, API strategies, or commercial digital banking initiatives.
- Experience supporting middle market, corporate, commercial, and institutional banking segments.
First Merchants offers the following:- Base Pay PLUS Bonuses
- Medical, Dental and Vision Insurance
- 401k
- Health Savings and Flexible Spending Accounts
- Vacation/Sick Time
- Paid Holidays
- Paid Parental Leave
- Tuition Reimbursement
- Additional Benefits
Apply today to begin your career with us!
