Product Manager 4 - WIM Deposits

Job description

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth & Investment Management, or WIM, is one of the United States' leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients' unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

• Building enduring client relationships through sound, thoughtful, and objective advice,
• Developing individualized plans for clients to help meet their financial objectives, and
• Helping clients build, manage, preserve, and transition their financial resources and wealth.

WIM serves clients through the following businesses:

• Wells Fargo Private Bank serves high-net-worth individuals and families.
• Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers.
• Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

The position is part of the Banking, Lending, & Trust (BL&T) division of WIM. BL&T is a client-centric, channel-agnostic center of expertise designed to:

• Shorten the distance between the client ask and the product or service delivery,
• Provide access to our highly-credentialed specialists for all of our clients through geographically disbursed but centrally managed teams,
• Create a more consistent advisor and client experience and help grow business across WIM, and
• Deliver best in class product and service offerings to all client segments.

The Position

This position is within BL&T Core Banking's group that has responsibility for bank deposit solutions for WIM clients and Wealth Management Banking.

The Product Manager 4 is responsible for full life-cycle product management. This includes gathering and prioritizing product and customer insights and requirements; shaping the product vision, business case, and product roadmap; collaborating with cross-functional partners to define the customer journey, benefits, and improvement opportunities; coordinating with delivery partners on iterative discovery and product development; articulating the value proposition of the product to customers and stakeholders; and tracking and optimizing the performance of the product based on data analytics. The Product Manager 4 ensures strong risk management, procedures and controls, and compliance/legal/policy requirements are met at the solution- and portfolio-level. The Product Manager 4 partners internally to ensure revenue and balance performance, seamless delivery and service of these high-value banking solutions, and other outcomes are met in alignment with WIM's overall strategy and goals.

Key responsibilities include:

• Ongoing product management and strategic focus of BL&T's bank deposit solutions and online deposit capabilities.
• Analyze and recommend product and marketing strategy based on assessment of segment needs, competitive environment, and industry trends across a range of dimensions including product positioning, features, performance, pricing and profitability, process, policy, and promotions.
• Develop business cases, business requirements, and analyze risk/compliance and servicing impacts as part of prioritizing and architecting new business opportunities.
• Ensure products and programs adhere to compliance/legal regulations and policies.
• Define product strategy, roadmaps, and execute as the business owner for key product areas.
• Lead business and operational planning, fostering market-leading and customer-centric innovation, prioritizing product initiatives and coordinating on the evaluation, deployment, implementation and management of current and future products.
• Define and measure key business metrics to track and optimize customer and business value.
• Identify product/portfolio/project-related risks, impacts and issues, document as appropriate, and then raise visibility and resolve in accordance with policy.
• Lead project teams related to BL&T Core Banking's deposit solutions.
• Lead working sessions and perform individual research to document new or revised processes and procedures, as well as updating related collateral/documentation.
• Lead working sessions with Control and Compliance partners, Product Managers, and other partners as needed in Operations, Service, Risk, and other areas to scope and resolve SHRP issues.
• Establish programs for enhancements and/or new products/services including identification of market segments, product positioning, pricing, and profitability.
• Establish marketing strategy based on assessment of competitive environment, customer requirements, and new opportunities.

Provide product-related support to Wealth Management Banking, including support of best practices in products, pricing, processes, and policies.

Preferred locations are listed in the job posting. Other locations within the Wealth Investment Management footprint may be considered.

The salary range displayed below is based on a Full-time 40 hour a week schedule.

NC-Charlotte: Min: $86,800 Mid: $124,000 Max: $161,200

MO-Saint Louis: Min: $86,800 Mid: $124,000 Max: $161,200

MN-Minneapolis: Min: $86,800 Mid: $124,000 Max: $161,200

IA-Des Moines: Min: $86,800 Mid: $124,000 Max: $161,200

CA-SF-Financial District: Min: $104,200 Mid: $148,800 Max: $193,400

Salary range is determined by location of the job.

May be considered for a discretionary bonus.

• 6+ years of experience in one or more of the following: Product management, product development, strategic planning, process management, change delivery or agile product owner

• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Highly refined and professional verbal and written communications
• Experience analyzing, interpreting and presenting results to management
• A BS/BA degree or higher
• Knowledge and understanding of financial services and investment product management/marketing
• Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
• Outstanding problem solving skills
• Ability to work independently
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to negotiate, influence, and collaborate to build successful relationships
• Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
• Strong collaboration and partnering skills

• Ability to travel up to 10% of the time

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

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