Product Specialist

Product Specialist MidFirst Bank - 3.3 Oklahoma City, OK Job Details 1 day ago Qualifications Project team coordination Master's degree in business administration Stakeholder engagement Pricing Strategic management Economics Master's degree in business Microsoft Excel Microsoft Outlook CPA Financial modeling Financial model construction Product marketing Product roadmapping Marketing Bachelor's degree in finance Competitive analysis Regulatory compliance Product positioning Bachelor's degree in economics Marketing strategy development Finance Bachelor's degree in marketing Analysis skills Market research Bachelor's degree Task prioritization Contracts Research data analysis Presentation creation Product strategy Banking product expertise Contract negotiation Bachelor's degree in accounting Business requirements Senior level Cross-functional collaboration Master of Business Administration Ad-hoc reporting Cross-functional team management Research & development Leadership 2 years Accounting Communication skills Regulatory compliance management Cross-functional communication Stakeholder management Full Job Description Can you see yourself enjoying the challenge of developing best in class financial products, leading and managing key projects, and impacting growth and profitability? We are seeking a proactive and strategic Product Specialist to join our Retail Product Management team. The ideal candidate will be responsible for developing, executing and tracking new and existing strategies to grow their product lines. This position will report to the Senior Product Manager, with product lines primarily relate to consumer products such as Checking, Savings, Certificate of Deposit, Home Equity Loans and Line of Credit and Payment Solutions. Our product managers deliver best-in-class products and are responsible for the entire product life cycle, from ideation to launch, while coordinating cross-functional teams to meet deadlines and deliver results. This role requires a balance of strategic thinking, project management expertise and the ability to prioritize tasks effectively in a fast-paced environment. You will work closely with key stakeholders to align product roadmaps with business goals and will continuously improve products and solve business challenges.

The successful candidate must:

Think outside the box and develop ideas, strategies and products for Retail Banking Partner with internal departments to develop and execute marketing campaigns and promotions Evaluate and conduct research and analysis to develop and suggest recommendations related to product, pricing, promotions and existing partnerships to various levels within the organization Manage projects related to products, new development, existing changes, and related compliance and or regulatory changes Become a subject matter expert on products, pricing, competition and customer trends to identify opportunities to produce best in class products and customer experience Participate as a lead member of cross-functional internal teams, including Operations, Compliance, Legal, Risk, Marketing and Digital departments to deliver new or updated products and promotions. Partner with external partners to integrate new products or services, including contract negotiations, risk assessments and relationship management Additional responsibilities include: Develop strategies to increase product production and portfolio growth Evaluate current product offerings for improvements and efficiencies Evaluate, negotiate and manage all programs for assigned product lines Research, design and propose new products, based on industry research, data driven analysis, financial modeling and customer experience Clearly communicate business requirements and lead cross-functional team in product set up Work directly with marketing to position and promote product lines, as well as manage and monitor customer segments Work directly with front line sales force to promote assigned product lines. Includes promotion and product training, problem solving and proactive outreach for efficiencies and improvements Work directly with digital channel administrators to enhance online and mobile customer experience and engagement Present detailed analysis of customer trends and opportunities to management Must have the ability to manage all aspects of projects independently, from creation, tracking, communication to achieving deadlines Extreme attention to detail and compliance with business processes and applicable regulations Perform miscellaneous duties and ad hoc reporting as assigned

Position Requirements:

Bachelor's degree required in the areas of Finance, Accounting, Economics or Marketing; MBA and/or CPA preferred 2+ years of experience in product management with financial product or digital product exposure required; banking or financial industry strongly preferred Ability to work both independently and contribute to team structure Experience in working and leading cross-functionally with a wide breadth of stakeholders, including users, developers, business leaders and executives in order to generate buy-in for product direction Experience in developing and implementing a product roadmap Excellent written and verbal communication Demonstrated experience in creative thinking and problem solving Self-motivated Ability to thrive in a fast-paced environment, managing several projects and tasks concurrently Keen attention to detail and highly organized Strong presentation skills Advanced proficiency in Microsoft Office suite - Word, Outlook, Excel, PowerPoint •To be considered for this position you must reside in the area•Incomplete applications will not be considered•