10 hours

Deposits Product and Strategy Manager

Bank of Hawaii
Oahu, HI
  • Job Code
    165446

Deposits Product and Strategy Manager-1900316
Description

Bank of Hawaii
In 1897, Bank of Hawaii was the first chartered and incorporated bank in the Republic of Hawaii. We’ve been here from territorial days, growing and changing with Hawaii. Today, we are the largest independent bank in Hawaii – a result of knowing our business and community, and always staying ahead of change.  We are constantly finding creative ways to deliver leading edge financial services to our customers.  Now, we’re embracing change with our new 21st century banking. 

It’s our people who help us succeed in offering first class service and products to our customers.  As a member of the Bank of Hawaii community, you will be among the very best in your profession in an environment that places a high value on integrity, innovation and teamwork.  People who are agile, savvy, forward-thinking and entrepreneurial can learn and grow with us.

Does this sound like you?
Are you ambitious?  Want to make a difference in people’s lives?  Do you thrive in an environment that leverages your abilities as a fast learner, good listener, and problem-solver?   If you love challenges, relish complexity, and have moxie, consider applying your unique talents with a Hawaii banking leader – Bank of Hawaii.  Here you can be at the forefront of whatever you do. Welcome to your tomorrow!

A day in your life as a Deposits Product and Strategy Manager:
Under the direction of the Manager, this position is responsible for supporting all aspects of deposit products and related products and services including ensuring that short and long-term plans are successfully fulfilled. Key emphasis of this role will be spearheading the strategy development and implementation of consumer and business products and services, which includes new product launches, financial forecasting, project management, operational enhancements, product positioning, and compliance and risk monitoring.  If applicable or appropriate, assists in business unit’s compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act. 

We’ll give you these important responsibilities…
  • Develops deposits product strategies, particularly in developing new product ideas and enhancing ongoing features/benefits tailored for each target segment.  Spearhead the creation of new products and/ or modifies existing products through effective project management with system integration, marketing and communication.  Work in collaboration with key partners to develop products and strategies to market programs and independently conduct reviews on market trend and competitor activities to identify opportunities.
  • Engages in quantitative analyses and assist in developing and maintaining forecasting models that support balance forecast, pricing management and fee income reviews. Drive financial analyses, portfolio modeling, opportunity assessments and other product analysis to identify risk/reward opportunities in support of deposit portfolio growth.  Maintain reporting that tracks portfolio trends including analytical deep dives to further understand portfolio metrics and establish performance dashboards.  
  • Leads the evaluation of product features, pricing, rates and terms of existing products and services, and implements changes as appropriate. Maintain awareness of products and marketing techniques of competitors. Implements marketing plans to retain market penetration, drive business growth and meet business targets.  
  • Assists with process improvement and managing compliance requirements for the deposits business, including compliance monitoring, as well as operational, financial, model risk and vendor management requirements. Researches issues and problems, develops and recommends solutions. Maintains market and industry intelligence on current and future trends and best practices. Drafts and/or reviews written materials including deposit-related circulars, SPMs, marketing collateral, statement messages and inserts, customer notification, disclosures, forms, and collateral.


Qualifications
…if you come to us with these qualifications…

Education: 
  • Bachelor’s degree from an accredited institution with a major in business, finance or marketing, or related field or equivalent work experience. 
  • An MBA is highly preferred.

Experience:  
  • For all levels a minimum of 3 – 5 years of deposit/financial product, analytics and strategy experience is required.
  • Minimum 7 years of relevant experience in increasingly responsible positions in banking or financial services industry (with exposure to deposit products), product management, analytics and/or product marketing or equivalent work experience. 
  • Process/project management experience and working knowledge of relevant banking compliance regulations required.

Technical Skills: 
  • Demonstrated proficiency with personal computers and Microsoft applications (Outlook, Word, Excel, PowerPoint and Access) or similar software.  
  • Requires intermediate/advanced work sheet skills (pivot tables, charts/graphs, complex formulas with nested expressions, lookups combined with other functions, experience managing large data files, etc.) 
  • Knowledge of or ability to use Bank software and systems.  

Other Job Qualifications: 
  • Strong analytical bent and business acumen with the ability to comprehend pricing and balance sheet performance and aid in analytics to recommend the optimal product and pricing strategy to meet Line of Business objectives. 
  • Solid verbal and written communication and presentation skills, with the ability to communicate complex concepts, business strategies and project plans clearly and concisely. 
  • Able to work effectively with management and staff across multiple divisions. 
  • Must demonstrate ability to work independently, think critically, prioritize work and effectively manage multiple products and projects in an environment with changing priorities. 
  • Able to work flexible hours including holidays, weekends and evenings as needed or assigned.  
  • Must be able to provide own transportation or to operate a vehicle with a valid driver’s license and ability commute as required. 
  • Must be able to travel by air.


All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of any legally protected classification including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.  Bank of Hawaii takes affirmative action in support of its policy to advance in employment legally recognized individuals including minorities, women, protected veterans and individuals with disabilities.

Job Function Bank Operations
Primary Location Hawaii-Oahu
Schedule Full-time
Job Posting Apr 3, 2019, 4:37:28 PM
Unposting Date Ongoing

Categories

Posted: 2019-04-23 Expires: 2019-05-23
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Deposits Product and Strategy Manager

Bank of Hawaii
Oahu, HI

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