Savings Product Management Director

General information

Career area

Deposits Products & Marketing

Country

United States

Work Location(s)

1100 Virginia Drive, Fort Washington, PA, 601 S. Tryon Street, Charlotte, NC

State

North Carolina

City

Charlotte - NC

Remote?

No

Ref #

14536

Posted Date

Wednesday, January 4, 2023

Working time

Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that's more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You're constantly evolving, so shouldn't your opportunities be, too?

The Opportunity

The Savings Product Director is a critical Deposits leadership role, responsible for driving strategy and execution, helping to lead the development and maturation of the savings product offering. This Product Management role will lead cross functional teams (Digital, Technology, Marketing, Operations, Legal, Compliance, and Risk) to identify opportunities, develop concept solutions that drive profitability, improve product competitiveness, deliver operational efficiency, and drive measurable business outcomes. This role places an emphasis on relationship building, developing followership and collaboratively deploying solutions.

The Work Itself

• Developing & driving tactics to define, measure, and influence key business performance metrics for savings products and saving / spending tools
• Developing innovative solutions using data, observations, and research to improve the Savings experience and value proposition
• Ensuring business, technology, channel, marketing, and analytics partners have a clear understanding of product value (economics) and business objectives and are driving meaningful improvements that optimize the business
• Driving customer engagement and product usage
• Improving customer satisfaction and shaping the end-to-end customer experience
• Creating the Savings Roadmap and aligning vital resources to define, scope, prioritize, and execute work
• Leading and influencing others by helping balance priorities and financial impact
• Driving monthly business performance, assessing trends and opportunities, and developing forward looking outlook (NIE, Revenue, Balances, Customer growth)
• Managing vendor performance, SLA's, contract dynamics, and overall relationship
• Working with pricing team to position products to meet business goals
• Responsible for first line risk, compliance, regulatory and legal aspects of savings deposit products; understand and assess key risks, develop recommendations and drive actions to close outstanding issues.

The Skills You Bring

• 7 years of experience in Product Management or Deposits
• Proven record of working directly with analytics identify trends, solve problems, and develop cost benefit analyses
• Proven record of initiatives that place a premium on innovative thinking
• Partnership focus; prior success with indirect leadership of all levels - up, down, and peer partners.
• Experience with banking operations and information technology teams
• Customer-centric focus to product management; puts a priority on customer experience and provides thought-leadership to partner teams
• Strategic thinking: able to link disparate concepts/ideas to develop a coherent approach solving for business performance and unlocking value
• Experience with VOC surveys, analyzing data, and forming ideas on enhancements
• Experience with vendor management including establishing/assessing SLAs, reviewing contracts, negotiating, and ensuring overall financial and regulatory compliance

How We'll Have Your Back

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally's total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:

• Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
• Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
• Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
• Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
• Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Who We Are:

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

Emerging

125,000

Experienced

157,500

Expert

190,000

Incentive Compensation: This position is eligible to participate in our annual incentive plan.