Consumer Loan Product Manager Assistant

If you have experience in consumer lending and an interest in product management, this position is for you! You will work on consumer loan product initiatives to achieve portfolio growth and profitability goals. Your focus will be on consumer loan products but may periodically work on broader product management initiatives as needed. You will have the opportunity to pair your expertise in consumer lending with product strategy, to aid in the enhancements of product development, contribute to the Banks overall strategic objectives, profitability and growth, and work with multiple areas of the Bank. Successful candidates in this role typically possess excellent analytical and organizational skills. This position is hybrid.

Qualifications:

· Bachelor’s degree in business, finance, economics or a related area. Will consider professional experience in lieu of education.
· Two (2) years of experience working with Consumer Loan Products.
· Proficiency in Microsoft Excel, Access, and Word. (candidate will be tested in excel)
· Strong written and oral communication skills.
· Must be an analytical and strategic problem solver.
· Must be comfortable working both in teams and independently.

Principal Activities and Duties:

· Support the Consumer Loan Product Manager to ensure that products and marketing establish Dollar Bank competitive offerings in the marketplace.
· Maintain competitive intelligence — monitoring product and marketing developments.
· Generate standard reporting to assist in the monitoring of product trends.
· Support development of annual consumer loan marketing plan.
· Maintain a thorough understanding of the regulatory environment to ensure that products, services, and promotions comply with all applicable laws and internal audit procedures.
· Ensure that annual goals, including profitability and balance growth, are reached while evaluating the success of various marketing tactics and promotions to ensure positive ROI and to include learning for future projects.
· Work in conjunction with multiple departments to ensure that projects are successful.
· Join and contribute to Consumer Loan Strategy Committee which is responsible for profitable consumer loan product pricing and strategic initiatives that supports the Bank’s overall growth objectives.
· Represent marketing/product management on strategic committees within the Bank working to enhance the customer experience and/or customer acquisition.
· Work closely with Marketing Communication, Data Analytics, and Product Management teams to ensure that promotional efforts are coordinated.
· All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank’s risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.