Discover Financial Services

Senior Manager Product Owner - Balance Transfer and Cash Advance

Discover Financial Services

Riverwoods, IL 60015, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Hello and welcome to Discover Financial Services! We are currently seeking a highly experienced and driven Senior Manager Product Owner to join our team and lead our Balance Transfer and Cash Advance products. In this role, you will have the opportunity to make a significant impact on our business by defining and executing our product strategy, driving innovation, and delivering exceptional customer experiences. If you are a strategic thinker with a strong understanding of the financial industry and a passion for delivering results, we would love to hear from you. Read on to learn more about the qualifications and responsibilities for this exciting role.

  1. Develop and execute product strategy for Balance Transfer and Cash Advance products, in alignment with overall company goals and objectives.
  2. Drive innovation and continuous improvement for these products, keeping up-to-date with industry trends and customer needs.
  3. Collaborate with cross-functional teams, including marketing, sales, and operations, to ensure successful product launches and ongoing product support.
  4. Define and track key performance indicators (KPIs) to measure product success and identify areas for improvement.
  5. Conduct market research and analysis to identify opportunities for growth and stay ahead of competitors.
  6. Manage the product lifecycle from ideation to launch, including product roadmap, feature prioritization, and release planning.
  7. Act as the main point of contact for all product-related inquiries and provide timely and accurate updates to stakeholders.
  8. Lead and mentor a team of product owners and analysts to deliver high-quality and innovative products.
  9. Collaborate with external partners and vendors to enhance product offerings and drive business growth.
  10. Ensure compliance with all regulatory and legal requirements related to product development and management.
  11. Communicate effectively with senior management to provide regular updates on product performance, challenges, and opportunities.
  12. Monitor and analyze customer feedback and data to identify areas for improvement and inform future product development.
  13. Develop and manage product budgets, including forecasting and tracking expenses to ensure profitability.
  14. Stay updated on industry trends, best practices, and emerging technologies to continuously improve the product offerings.
Where is this job?
This job is located at Riverwoods, IL 60015, USA
Job Qualifications
  • Extensive Product Management Experience: The Ideal Candidate Should Have At Least 8-10 Years Of Experience In Product Management, With A Proven Track Record Of Successfully Managing And Launching New Products In The Financial Services Industry.

  • In-Depth Knowledge Of Balance Transfer And Cash Advance Products: The Senior Manager Should Have A Deep Understanding Of Balance Transfer And Cash Advance Products, Including Industry Trends, Competitive Landscape, And Regulatory Requirements. This Knowledge Will Be Crucial In Developing And Implementing Effective Product Strategies.

  • Strong Analytical And Problem-Solving Skills: As A Senior Manager, The Candidate Must Possess Strong Analytical Skills And Be Able To Effectively Analyze Data To Identify Trends, Opportunities, And Potential Risks. They Should Also Be Able To Develop Creative Solutions To Address Complex Business Problems.

  • Leadership And Team Management Abilities: The Role Of A Senior Manager Requires Strong Leadership Skills To Drive Cross-Functional Teams And Manage Multiple Projects Concurrently. The Candidate Should Have Experience In Managing And Developing High-Performing Teams To Achieve Business Goals.

  • Excellent Communication And Stakeholder Management Skills: The Senior Manager Will Be Responsible For Communicating Product Plans, Updates, And Performance To Various Stakeholders, Including Senior Leadership, Partners, And Customers. Therefore, Effective Communication, Presentation, And Relationship-Building Skills Are Essential For Success In This Role.

Required Skills
  • Risk Management

  • Product Management

  • Strategy development

  • Team Leadership

  • Agile methodologies

  • Market analysis

  • Revenue growth

  • Financial acumen

  • Stakeholder management

  • Customer Insights

  • Product Roadmap

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Manager Product Owner - Balance Transfer and Cash Advance in Riverwoods, IL 60015, USA is $150,000-$200,000 per year. This salary range may vary depending on the specific company, years of experience, and skills of the individual.

Additional Information
Discover Financial Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 18th, 2024
Apply BeforeJune 21st, 2025
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About Discover Financial Services

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.

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