Card Product Manager Job Description
Card Product Manager Duties & Responsibilities
To write an effective card product manager job description, begin by listing detailed duties, responsibilities and expectations. We have included card product manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Card Product Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Card Product Manager
List any licenses or certifications required by the position: MC, TS, EMV, PMP
Education for Card Product Manager
Typically a job would require a certain level of education.
Employers hiring for the card product manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, MBA, Finance, Marketing, Management, Education, Engineering, Business/Administration, Military, Computer Science
Skills for Card Product Manager
Desired skills for card product manager include:
Desired experience for card product manager includes:
Card Product Manager Examples
Card Product Manager Job Description
- Support product and payments simplification strategy and roadmap development
- Partner with Relationship Managers, Sales Officers, Implementation Team and Product Managers to drive increased revenue from Commercial Card clients during the pre-sales and implementation/onboarding stages
- Frequent analysis of existing Commercial portfolio to target client segments with increased revenue potential
- Tailor product solutions to meet needs of clients of a particular size and industry segment
- Develop and enhance professional rapport with customers and serve as high-level contact for issue resolution
- Act as client liaison by championing client needs internally with Sales, Operations, Client Service, Implementation, and Product Management groups
- Provide updates to Relationship Managers and Sales Officers on product enhancements, projects, and issues
- Participate in industry conferences and seminars
- Working collaboratively with the network business unit’s senior leadership team to drive new product revenue
- Identifying market requirements and writing business cases to secure capital funding for new product/revenue growth initiatives
- Develop and own the annual business plan
- Proficiency with personal computers pertinent mainframe software packages
- Prior experience in Product Management and Product Development
- 4-6 years of product management and cardholder lifecycle management
- 4-6 years of experience with direct to consumer marketing in the banking industry or combination of consumer packaged goods plus other industries
- Experience creating and managing innovative, leading-edge programs with proven results
Card Product Manager Job Description
- Monitoring key initiatives and reporting on progress to the Global Retail Payment’s Product team
- Providing thought leadership on the network solutions for internal and external promotional opportunities
- Prepares and presents product plans
- Responsible for the profitability of each product
- Assists in managing the vendor relationships associated with these products including developing strong communication channels, overseeing vendor performance and reviewing income produced billing and other costs to the bank
- Build a robust commercial product strategy to identify the core objectives (including financial forecasts) plus incorporate the Go To Market plans to support this overarching strategy
- You are passionate and curious about the technology-driven world, and empathetic to solving our customer’s needs
- You’re going to be responsible for delivering an experience, so you must have worked in a product group focusing on web or mobile applications for a few years
- Your prior experience will be important because you will be responsible for your product throughout the full product lifecycle
- Working with our banking product teams, you’ll need to identify opportunities and uncover untapped needs through customer research and interaction data
- Demonstrates ability to analyze market data and develop programs to market products and support the sales effort
- Demonstrates in-depth knowledge of Card products and product delivery
- Demonstrates superior knowledge of regulatory requirements
- Creative mind, with ability to think outside of the box and challenge institutional assumptions while ensuring projects are prioritized and focused on achieving key business results
- Strong orientation to analytical rigor, problem solving, and playing a consultative role
- Strong strategic planning, marketing and project management skills
Card Product Manager Job Description
- You understand how to use tradeoffs between UX patterns, user group served, short and long term development patterns, timing, and money to deliver the highest value
- Your bias is towards learning in market
- Working with our engineering teams, that vision you clearly articulated will need to turn into a simple, intuitive experiences that serves our customer’s banking needs
- This position isn’t just about delivering the code
- Scope and lead projects with card partners that move from discovery research to synthesis, ideation, design, and testing of new product concepts
- Share discoveries, influence stakeholders, and create energy around ideas and initiatives
- Collaborate with legal, business development, finance, tax, treasury, and others to negotiate and secure contract terms with issuer and payment network RFP finalists
- Build and lead a team of Product Managers to support the launch and growth of the program
- Upon launch of the program, as P&L owner, be responsible for the program from strategy to tactical execution
- Translate customer requirements to processor-facing business requirements
- Ability to manage multiple initiatives / priorities in a fast-paced, dynamic environment
- Strong internal and external relationship management skills
- Comfort in working with senior executives
- Knowledge of American Express, Discover, Visa or MasterCard network/association rules and regulations is preferred
- Product Management experience (3-5 years)
- Proven ability to plan, share and implement winning strategies
Card Product Manager Job Description
- Coordinates promotional, marketing, and communication programs for all specified products and services produce standard management reporting
- Establish product and/or data flow documentation, ensure the integration of internal systems and operations that interface with the Processor
- Develop technical product definitions
- Drive results in a matrix organization that includes Information Technology, Vendor Management, Project Management Office, Controls, Finance, Card Fulfillment
- Track to metrics and report on progress at regular, frequent intervals
- Support the launch of the EU regulated co-badge card including definitions, requirements, process, governance
- The identification of enhancements to the existing product line that will assist in achieving profitability of the product and customer service improvement goals
- Lead cross-functional team to support the launch of the EU regulated co-badge card including definitions, requirements, process, governance
- Assess the effectiveness of the product portfolio in delivering against diverse cardholder needs, relative to the competitive landscape
- Drive flawless execution of new product launches
- In-depth understanding of Competitive Landscape, Marketing, Channels and the Customer & Employee Experience an asset
- Post-Secondary/University degree in a business related discipline, or equivalent experience
- At least three years of experience in Digital Product development
- Bachelor of Science in Computer Science or Bachelor of Science in Engineering, MBA or Masters degree
- Experience in general product management preferred
- Prefer an individual with knowledge of debit, credit or other payment network systems
Card Product Manager Job Description
- Leads the strategic planning unit on vision and value proposition within the Commerce Super-Community framework
- Direct responsibility for the portfolio of $800MM in credit card balances pricing strategy and profitability, always maintaining credit risk within the parameters of our risk appetite
- Proactively address both short term and projected long term purchase volume and revenue variances within the line of business
- Monitor key performance indicators and regularly report portfolio performance to senior management
- Ensures achievement of revenue goals and profitable growth
- Participates in organizational strategic business planning activities, gathering market intelligence and identifying market requirements
- Directing the planning and design of products throughout their life cycle
- Performs business needs assessments, development and documentation of business requirements from which technical specifications are formulated
- Drives marketing of product enhancements and newly developed solutions, including promotions and pilots
- Rollout and launch the new products and/or product enhancements
- A level of professionalism and understanding of the business environment and culture to develop suitable banking products
- Possess excellent verbal and written communication skills in English and Khmer
- Demonstrated interpersonal skills and ability to influence outcomes
- Knowledge and experience in product development, management and improvement
- Knowledge of retail banking consumer lending (Credit Card Preferred) including marketing, origination, products, current industry trends and credit risk required
- Progressive experience in new strategic product development and innovation and/or brand management