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Product Manager II - Deposit Products Pricing Job in Mount Laurel , New Jersey US

Job Category: New Jobs

Description Job Summary Responsible for the continuous improvement of Pricing Strategy and Net Interest Margin of assigned Company products.

Recognized as an expert providing a foundation of knowledge to guide decisions for Pricing with regard to both existing and new products.

Builds and executes a strategy to deliver profitable solutions for market problems and grows profitability year over year.

Determines effective ways to compete in the markets we operate in. Performs objective analysis of potential market opportunities and articulates learning's to quantify the risk, including a financial model.

Designs, maintains and enhances the Company's existing and new product line pricing structures, strategies and tactics to meet changing environment, customer preference and revenue targets.

Ensures prices and programs comply with Company pricing strategy and constantly monitor profitability and key drivers taking action as necessary to improve results.

Implements pricing processes for modeling, volume forecasting and measurement to identify key performance indicators.

Develops tools and models that would allow testing of price elasticity.

Works with Research and Risk management to ensure profitability goals, customer needs and that credit decisions optimize risk/rewards.

Ensures that own work, as well as work of any employees supervised, is in compliance with applicable laws, regulations and guidelines, as detailed in policies located on Company intranet policies include but are not limited to Fair Lending, Know Your Customer, Bank Secrecy Act and other applicable anti-money-laundering policies Knowledge, Skills, Abilities - 4-year degree or the equivalent combination of education and work experience required, with graduate degree preferred.

- Travel may be required - 7 years related experience required.

- Demonstrated experience and success in deposit pricing in a financial/banking environment - Strong communication, problem-solving and decision making skills with ability to effectively communicate with senior managers - Demonstrated ability to build strong collaborative business relationships - Proven ability to negotiate and apply skills to exercise influence over others decisions without express authority and influence change.

- Demonstrated experience in project management and building project plans and presentations - Proven understanding of product pricing and financial statements - Ability to think both tactically and strategically moving through both fluidly - Demonstrated leadership skills

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