Credit Product Manager Job Description
Credit product manager
provides accurate forecasting and creates visibility with all market owners on revenue trends and necessary actions to drive revenues to plan.
Articulates to internal stakeholders the product strategy and the relationship to strategic operations and technological initiatives.
Credit Product Manager Duties & Responsibilities
To write an effective credit product manager job description, begin by listing detailed duties, responsibilities and expectations. We have included credit product manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Manage all day-to-day product issues
Conduct market research, customer interviews and identify market requirements
Define, document, and implement all underlying business requirements and market problems
Develop together with sales and marketing a business proposition and associated marketing plan where requested
Manage associated costs with the product
When appropriate, manage development budget and the annual planning
Prepare/implement a market entry and subsequent growth strategy, including NPA where appropriated
Define then a pre-agreed level of service around the client experience of the product from implementation to go-live
Training of Sales and other units in TF/CMC
Credit Product Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Credit Product Manager
Typically a job would require a certain level of education.
Employers hiring for the credit 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, Marketing, Education, Finance, Engineering, Management, Computer Science, Economics, Business/Administration
Skills for Credit Product Manager
Desired skills for credit product manager include:
Excel
MS Office applications
Powerpoint
Analyzing
Associated Irish regulatory requirements
Business drivers for assessing market conditions and forecasting revenue and pricing actions
Competitor trends and Huntington's revenue and balance sheet trends
Complex credit structures
Credit and banking products
Financial services
Desired experience for credit product manager includes:
5-7 years of experience in product management, product analytics, banking operations, marketing, and/or related field
Understand the key differences and benefits of the various product offerings and work to converge as appropriate
Work with business partners, to design and implement end to end operating model as part of new product delivery
Design and implementation of solutions, including re-engineering of existing processes and/or business applications
Present recommendations in a business-friendly way that identifies any issues, details business/client impact, and build a business case and consensus for implementation
Work with training teams to develop change management/training plans and conduct training as needed
Credit Product Manager Examples
1
Credit Product Manager Job Description
Job Description Example
Our company is hiring for a credit product manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit product manager
- Accompany Sales on client presentations/proposals when necessary
- Prepare information and documents for internal and external audience
- Participate in customer events and speak at conferences
- Develop project plans, budgets and timelines, and monitors progress
- Manage relationships with key internal stakeholders and external strategic partners
- Understands the business impact of any product changes
- Facilitate business buy-in, ownership and approval of key change and transition activities
- Develop a communications plan that is targeted and supports the communications of all stakeholder groups impacted by the change, both internal and external
- Determine resources required and monitors performance
- Manage scope changes and boundaries, and negotiates with stakeholders
Qualifications for credit product manager
- Creation of New Product Approval materials to be used for presentation at the New Product Approval Committee meetings
- Partner with the Marketing and Communications team to develop appropriate internal and external communications and marketing materials relative to our product offering
- Previous project experience a must
- Knowledge Credit Related Products is a plus
- Ability to define user acceptance test plans and test case
- Thorough knowledge of product line assigned including operational and marketing aspects
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Credit Product Manager Job Description
Job Description Example
Our growing company is hiring for a credit product manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for credit product manager
- Coordinates the execution of client projects with a variety of internal functional areas to ensure customer satisfaction
- Tracks product performance, assesses contribution to company revenue and market position, and recommends product or marketing modifications to maximize value and increase product penetration
- Coordinates the development and implementation of marketing vehicles to support product promotion including collateral, trade shows, press releases, product briefs, and corporate intranet
- Maintains customer communications to maintain product visibility and solicit new sales
- Reduce product costs by partnering with Risk, Operations, to develop products and simple, efficient processes that minimize processing and underwriting costs while maintaining acceptable asset quality and cost of credit characteristics
- Product management – customer insights & needs, distribution channel considerations, product benefits & features, communications, pricing & offer strategy
- End-to-end focus on customer experience – from application/underwriting strategy across multiple channels including in store, online, direct mail, phone, through onboarding, rewards & engagement and retention
- Growth strategy & prioritization – drive breakthrough, sustained growth
- Lead cross functional teams – partner & influence effectively across diverse stakeholder groups, including research, marketing planning, channel marketing, operations, finance, analytics, risk management, legal, compliance
- P&L management – deep understanding of credit card P&L to ensure products both deliver market leading customer value value to our shareholders
Qualifications for credit product manager
- Results-driven and possess strong verbal and written communication skills
- Proven track record and extensive experience with CDS (Single/Index), CLN, and Tranches
- Experience with CLO^n would be beneficial
- Ability to explain and translate developments into detailed technical requirements for programmers and quants to execute
- Proven knowledge of market standard derivative valuation techniques
- Knowledge of risk management and CVA hedging
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Credit Product Manager Job Description
Job Description Example
Our company is growing rapidly and is looking for a credit product manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit product manager
- Focuses on business performance and / or conducting analysis and reviews
- Develops and / or assesses significant business cases / new initiatives applying expertise and ensuring criteria for own area met
- Undertakes and completes a variety of moderately complex projects and initiatives
- Executes on the strategic direction of the reporting and analytics function
- Works with various stakeholders and technology partners to design and maintain effective information systems
- Identification of new areas for revenue generation within repo and financing space via existing relationships and development of new ones
- Responsible for relationship management of securities lenders, asset managers and hedge funds in co-ordination with sales/traders on desk (coverage in Asia/US and UK)
- Repo trading backup to existing matchbook traders in London
- Co-ordination of desks funding requirements, focus on optimising funding profile of the desk and European GCP, diversification to new counterparties, maturity management etc
- Onboarding and prioritisation of new clients, liaising with legal, CRM, client onboarding
Qualifications for credit product manager
- Knowledge of at least one front-to-back system
- Prior experience with advanced concepts, practices, & procedures of finance & accounting
- Extensive knowledge of credit management as it relates to Corporate Cash Management products
- Experience in working within complex projects within a credit focused role
- A keen interest in the FinTech sector , in particular virtual accounts
- Strong analytical, writing skills, influencing and project management skills
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Credit Product Manager Job Description
Job Description Example
Our company is looking to fill the role of credit product manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit product manager
- Liquidity metric analysis for the desk and for European GCP
- Liaison between traders and CRM, Operations, Product control
- Special projects – adhoc responsibilities ie legal entity migration
- E Trade – manage the electronic trading plan, platform access, market data tools
- Point of liaison for triparty service providers
- Management reporting packs
- Solid trading experience in the Repo credit markets
- An ability to be a team player
- An academic background of minimum degree or equivalent level in a quantitative discipline
- Managing all aspects of the product development process
Qualifications for credit product manager
- Requires hearing to be able to communicate effectively verbally and in writing with co-workers, vendors, clients, and others for work-related purposes
- 10+ years in lending-related positions, preferably wealth management credit
- Thorough knowledge of commercial and consumer lending policies, procedures and related regulations
- Thorough knowledge of activities associated with Wealth Management lending and the high net worth segment
- Prior experience of market risk including credit markets and derivatives is preferable, although broader and deeper understanding can be developed through job experience
- Credit expertise required
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Credit Product Manager Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of credit product manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit product manager
- Ability to understand and manage the customer experience
- Understanding of Regulatory / compliance requirements
- Development and management of risk strategies
- Administers Account and Loan origination systems, including system updates, new products and user security
- Administers Risk Based Lending Program including underwriting rules, pricing tiers and portfolio review
- Analyzes credit score performance and underwriting guidelines in an effort to align our risk appetite to grow loans
- Writes and maintains policy and procedures for new account and loan underwriting and processing
- Collaborates on Loan and Account origination process design, enhancements and cross-sell tools
- Benchmarks performance with other organizations and makes recommendations for improvements in the account and loan origination process
- Oversees compliance and regulatory changes
Qualifications for credit product manager
- Strong strategic analysis and product management skills
- Considerable knowledge of product/program development, research, pricing, and implementation planning
- Experience in high net worth or wealth management preferred
- Must be able to think strategically and work independently
- Senior Product Managers, Product Solutions senior Management Team, Contact Centre, Proposition Head (Advance)
- Strateguc thinking capability, ability to analyze complex data points and provide concise recommendations