VP, Product Strategy

KCU
Bremerton, WA Full Time
POSTED ON 3/6/2023 CLOSED ON 7/10/2023

What are the responsibilities and job description for the VP, Product Strategy position at KCU?

Summary

Kitsap Credit Union is hiring full-time salaried VP, Product Strategy to work hybrid out of our Bremerton Harborside location. The VP, Product Strategy is responsible for leading the development and execution of Kitsap Credit Union’s (KCU) product management and development strategy for internal and member-facing products. In partnership with various KCU business units/departments, the VP, Product Strategy develops and executes the product roadmap to drive the credit union’s growth, member engagement objectives, and internal efficiencies. The incumbent is also responsible for research, innovation, and strategy in the product vertical - working with LOB representatives to achieve their stated objectives.

 

Quick Facts

Seniority level: Individual Contributor

Reports to: Chief Marketing Officer / SVP

Employment Type: Full-time, Salaried, Exempt, Hybrid

Salary Range: $108,150 to $152,250 depending on experience

Working hours: Monday - Friday 8AM - 5PM

Grade: 11

Industry: Banking

Job Functions: Marketing, Strategizing, Researching, Analyzing

 

Typical Job Duties

  • Develop and implement an overall strategic plan as it relates to product which will aid in meeting the credit union’s growth and member engagement objectives across all markets and channels.  Measurement and monitoring the performance metrics of the product portfolio is a key responsibility.
  • Partner with key product, line of business, and project management stakeholders across KCU to drive product initiatives. Coordinate the planning and implementation of product initiatives and campaigns with key business partners.
  • Build the business case for KCU’s product investments driven by member requirements, the competitive landscape, and overall credit union strategy.
  • Analyze and evaluate new concepts and develop product and marketing strategies to determine feasibility and market potential. Advise senior leadership of potential delivery capabilities through strategy presentations that define markets, product design, revenue growth, marketing costs, alternative systems, and operating expenditures.
  • Drive product thought leadership at the enterprise and industry levels including partnering with external credit union industry groups and financial institutions to influence key stakeholders.

 

This role may be right for you if you enjoy strategizing.  You pride yourself on your interpersonal and communication skills.  Your previous employers praise your time management and organization, and your previous co-workers talk about your collaboration and positivity.  Your friends consider you growth driven, and your family is proud of your ability to implement change.

 

Basic Qualifications

  • Bachelor’s degree in business administration, marketing or product management/development or equivalent work or educational experience required.
  • Minimum ten years of experience with five or more years of experience in Product Management/Development required.

 

Preferred Qualifications

  • Experience working in fast-paced, growth-oriented financial institutions preferred.
  • Five or more years of experience in Product Management/Development preferred.

 

What We Offer

Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family’s lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include:

Careers | Kitsap Credit Union (kitsapcu.org)

  • Free onsite parking
  • Annual time off and sick time accrued
  • 10 Paid holidays
  • 2 Personal days
  • Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance
  • Employee Assistance Program
  • Choose from a PPO medical plan or a High Deductible with a Health Savings Account
  • 3% KCU funded Safe Harbor Contribution to your 401K
  • KCU will match up to 2% of your 401K contributions
  • All 401K contributions are 100% vested
  • Potential annual incentive in all roles within Kitsap Credit Union
  • Tuition reimbursement
  • 8 hours of paid volunteer time off
  • Discounts on KCU's products and services
  • Paid Care.com membership including back up childcare reimbursement
  • Paid Rethink Care subscription, a personal wellness and professional resilience program 

We believe in the power of belonging – it’s in our DNA as a not-for-profit, member-owned cooperative. Our un-bank-like structure ensures that we remain all about people: our members, our employees, and the people in the communities where we live and work. We work hard to provide a collaborative and inclusive environment where you can grow and excel in your career.

We are dedicated to serving our members by providing personalized experiences, convenient access, and highly competitive products and services. But it goes much deeper than that. For more than 86 years, we have been relentless about making a positive difference in our communities. We understand that when our members and communities succeed, we all succeed, and that success can’t happen without great employees. If this is the kind of organization, you’re looking for.

 

****** Employment is contingent upon satisfactory credit, background, and reference checks.  Kitsap Credit Union is an Equal Opportunity Employer. All qualified applicants for employment will receive consideration without regard to sex, marital status, race, color, religion, national origin, age, veteran status, disability, genetic information, or any other protected status. ****** 

 

#IND

Salary : $108,150 - $152,250

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