Product Manger III

Product Manager

At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our associates. We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose. Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better.

Develop the banking strategy for assigned bank products and services, providing marketing oversight and support to Commercial and / or Retail banking teams. Accountable for strategy development and recommending new product features and services for the purpose of growing customer adoption / use of product and services. Performs role of product advocate on cross-functional teams, presenting new product proposals and / or enhancements that support achievement of revenue and profit objectives as well as contribute to the bank's growth strategy.

Responsible for creating the strategic direction for the product line to ensure competitive, compliant, marketable, and profitable products are available for target customer segments. Champions product line by clearly articulating product positioning, key benefits, and value proposition. This includes developing and maintaining the assigned product line roadmap, delivering product requirements and bringing new products and services to launch.

Responsible for all product line compliance and regulatory adherence.

Responsible for design and define new product requirements, features and product campaigns to drive product penetration.

Responsible for evaluating and enhancing actively sold and serviced products, identifying opportunities for revenue enhancements, tracking profitability and managing changes to assigned products. This includes evaluating the impact of regulatory changes, risk assessments, incorporating Bank initiatives, and customer needs analysis on new and / or enhanced products and services.

Responsible for assessing and reporting on the effectiveness, revenue generation, market penetration, and profitability of new and existing products and services. Measures and tracks the financial performance volume against established goals.

Responsible for leading cross-functional project teams in the creation and launch of new products and enhancements based on market needs. Including partnering with Creative Strategies, Corporate Communications, Bank Support, Training and other stakeholders to create and execute effective product launches, promotions and campaigns. This includes developing project plans, presentations, development of training material, communications and other information related to product launch.

Responsible for negotiating contracts with and managing the vendor relationships with those who provide products and services to the Bank. Conduct risk reviews and analysis of effectiveness of vendors, and alternative options of competing vendors, products, and services.

Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.

Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.

Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become "Business Bank of Choice".

May perform other duties as assigned.

Bachelor's Degree in Business, Finance or related field. Required. Master's Degree in Business, Finance or related field. Preferred.

7-10 years of product management and banking experience combined. Required.

Extensive ability to initiate and drive projects to completion with minimal guidance. This includes demonstrated project leadership of product development teams, comprised of cross-functional experts, marketing colleagues and vendors.

Extensive knowledge of the Bank's products, services, processes, and infrastructural components that impact assigned products and services.

Extensive written and verbal communication, presentation skills, and project management skills. Ability to train and present to small and large audiences. Ability to present findings and recommendations to the most senior levels of the organization.

Extensive ability to work effectively with individuals and groups across the company and with vendor partners to achieve positive customers experience and timely problem resolution.

Extensive marketing and product development concepts and practices, product lines and potential applications, and customer requirements.

Extensive Regulatory and Compliance background.

Job Location(s) : Ability to work fully onsite at posted location(s). Irvine, CA, Liberty Lake, WA, Lakewood, WA, or Lake Oswego, OR.

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $113,000.000 - $160,000.00, and the pay rate for the selected candidate is dependent up on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email : careers@columbiabank.com.