Company: Teamrecruiter.com

Location: Toronto, ON

Expected salary:

Job date: Sat, 22 Mar 2025 08:54:00 GMT

Job description: One of our major banking clients is looking for a Product Manager- Savings- Banking exp.
Duration: 6 months contract with potential for extension or permanency
Location: Toronto, ON – Hybrid (Tuesdays and the other day is flexible)
Working Hours: 9-5
Line of Business: Everyday BankingRole Mandate:
3 buckets of work:
– Product initiatives
– Facilitating marketing campaigns
– Ad hoc initiatives; reporting, analytic requestsRole Description
The Product Manager of Savings reports to the Senior Manager of Savings and is part of the Everyday Banking Products team in Canadian Personal Banking. This role is responsible for managing the portfolio of savings products for retail customers.The Product Manager of Savings develops and implements product strategies to drive customer acquisition & balance growth, optimize profitability and improve customer experience. This role is responsible for delivering new product initiatives, streamline savings campaigns & customer journeys, and extracting actionable insights that will have an impact on portfolio KPIs. This role carries out competitive analysis, analytical reporting and performance tracking, and uncovers opportunities to develop and implement solutions. The Manager has P&L accountability and manages associated product & operational risks.The Manager collaborates with members of the Everyday Banking Products team, and with internal partners, such as Customer and Product Analytics, Modelling and Artificial Intelligence, Customer Optimization, Marketing, Digital, Virtual Connect, Technology, Operations and Salesforce Effectiveness.Key Accountabilities
1. Pricing Optimization and Campaign Management

• Develop, launch and manage campaigns to drive customer acquisition, balance growth and retention.
• Identify enhancement, champion/challenger, and optimization opportunities.
• Measure the impact of campaigns and pricing changes.
• Partner with analytics and modelling teams to implement new customer contact optimization strategies and models.

2. Product Initiatives

• Proactively identify and prioritize opportunities to improve the portfolio of products.
• Lead the implementation of complex projects with large multi-functional teams, through ideation, requirements, implementation, and change management.
• Establish priorities and drive the evolution of capabilities with key partners.
• Proactively solve issues and eliminate obstacles.

3. P&L and Risk Management

• Explain financial results and forecast future performance.
• Drive actions to improve profitability through data-driven decisions.
• Manage risk, and support the evolution of policies, procedures, and controls.

Qualifications
Must Have Requirements:

• 3+ years of experience in retail product management, preferably in the financial service industry.
• Deep proficiency in Excel including advanced functions & macros.
• Strong analytical background with prior experience in PowerBI, SQL is preferred.
• Strong experience in product design, business casing, pricing, campaign management, technology project delivery, P&L and risk management.

Nice To have
– Exposure or worked this role in the past
– Analytical background
– Motivated, self starterSkills

• Proven problem-solving skills and ability to think strategically.
• In-depth analytical acumen.
• Advanced relationship management skills.
• Hands on experience with project management, change management & self-organization.
• Strong verbal, written & presentation skills.

URGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.
The recruiter in charge of this role is FathiyaIf you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.Please note that this is the most up to date version of job description available at this time – During Client Interview you will receive additional information – variance may apply!Please note: Adherence to our end client’s vaccination policy is a requirement.Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!Teamrecruiter.com IncTeamrecruiter.com is a provider of staffing and recruitment services to Fortune 500 and emerging growth companies across North America. Our consultants and account representatives work internally or externally with our clients assisting them…

A major banking client in Toronto is seeking a Product Manager with experience in savings products for a 6-month contract, with potential for extension or permanency. The role involves managing savings products for retail customers, developing and implementing product strategies to drive growth and profitability. Key responsibilities include pricing optimization, campaign management, product initiatives, P&L management, and risk management. Qualifications include 3+ years of experience in retail product management, proficiency in Excel, and strong analytical skills. Applicants can apply with their updated resume to the recruiter Fathiya.