Product Manager, Open Banking Solutions (FT)

Black Dragon Capital
Boca Raton, FL Full Time
POSTED ON 3/7/2024 CLOSED ON 4/21/2024

Job Posting for Product Manager, Open Banking Solutions (FT) at Black Dragon Capital

ABOUT US
Black Dragon Capital LLC (BDC) is a unique growth-oriented private equity firm focused on investing in areas where information technology is enabling the disruption of industries by allowing a faster, better and more economically compelling way to solve industry issues.  We seek to benefit from a diverse perspective combined with high performance operating and investment executives. We hire and promote based on merit, without bias, and make a genuine effort to ensure we have a diversified team that aligns with the diversity of our portfolio companies and their clients. We intend to maintain over 65% of our team members as culturally or gender diverse and work hard to foster a supportive and welcoming workplace. Bringing a leadership and advisory group of successful entrepreneurs, former operators and deal making experience, Black Dragon’s team has a track record of building market leading companies, driving above market returns and accelerating growth and profitability through its distribution connections, strategic advice, and active participation within our investments, primarily in financial technologies, eCommerce, and sports and media technology markets.

About Open Banking Solutions (OBS):
Open Banking Solutions is a cloud based financial technology company focused on helping community based financial institutions navigate the digital transformation. From the enterprise account processing, digital relationship management, digital collections, network monitoring, loan origination and more, the company connects consumers, their devices, and financial institutions seamlessly and securely by providing the most advanced cloud based as a service solution.  Based in Boca Raton, Florida, the technology has been adopted by more than 75 clients in more than 15 countries, we are leading the digital transformation for financial institutions of all sizes. Our owners and management team have been in the industry for decades and are recognized innovators. Allowing us to partner with the biggest tech players to deliver for you.

Our ownership group has significant experience in the financial technology space having been the Chair and CEO of Open Solutions, the creator of DNA core processing system, and founded Payveris, the digital money movement platform, along with written books on community based financial institutions, and been inducted into the financial technology Hall of Fame, as well as receiving numerous awards.  

Who we are looking for:
OBS is looking for an entrepreneurial, highly motivated, detail oriented professional to join our growing team as a Product Manager. As a key member of the team, this individual will lead and define the product vision, and being responsible for the strategy, roadmap, and feature definition for their products, prioritize features to support ongoing delivery and sales/marketing initiatives. Identify potential products and emerging markets; conduct market research; generate product requirements; determine specifications; create product roadmap; conduct competitive assessments and product positioning; craft marketing strategies/campaigns for new product introduction/launch.
 
What you will be working on:

Essential Duties and Responsibilities:
  • Write market requirements documents that effectively communicate requirements to Technical Product Management, R&D, and other relevant technical teams.
  • Conduct market research and analysis to identify customer needs, market trends, competitive landscape, and leverage insights to identify opportunities and define requirements for product differentiation and innovation, while ensuring compliance.
  • Act as subject matter expert, providing guidance and support to the GTM, Marketing and Project Implementation teams in promoting and selling core banking products, including development of marketing collateral, sales training materials, customer communication plans, and product positioning strategies.
  • Work closely with the development team to ensure that the product backlog is clear and actionable, and that the team has the information they need to build high quality products.
  • Define and communicate product requirements and specifications to internal and external stakeholders, posing an intimate knowledge of the end-to-end flow and how it integrates with the firm's roadmap.
  • Collaborate with leadership to align product strategies with overall business goals and contribute to the organization’s growth and profitability.

About You:
We are looking for an individual with a strong financial technology operating background who has expertise in commercial banking and deep understanding of SaaS business models and market trends that will drive the strategy and success of our core banking products. 
    
  • Minimum of 5 years of proven experience in product management within the banking or financial service industry.
  • Excellent core banking knowledge within the credit union and community banking sector.
  • Understanding cloud solutions, detailed knowledge of core banking features and API’s.
  • Ability to work flexibly and independently in a fluid, start-up environment.
  • Experience developing core banking products, including a strong understanding of financial and accounting systems and concepts.
  • Results-oriented mindset with a focus on driving business growth and delivering exceptional customer experience. 
  • Demonstrated ability to develop and execute product strategies, drive product development initiatives, and bring new core banking products to market successfully. 
  • Fluency in Spanish a plus but not mandatory
  • Strong product management skills, with the ability to prioritize and manage multiple initiatives simultaneously within a fast paced, results-oriented environment. 
  • Excellent analytical skills, with the ability to gather and interpret market data, identify insights, and make informed decisions.
  • Exceptional communication and collaboration skills, with the ability to work effectively with cross-functional teams and influence stakeholders at all levels. 

PERSONAL ATTRIBUTES:
  • Hardworking
  • Hands On
  • Motivated
  • Inspirational
  • Driven
  • Open-minded
  • Collaborative
  • Well educated.
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