Bank Product Leader

Bank Product Leader

We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.

Position Overview

The Bank Product Leader serves as a key strategic leader responsible for shaping the vision and execution of the bank's product portfolio. This role drives the development and management of products across multiple lines of business, with a focus on enhancing the experience for both bankers and customers. Through a strong cross-functional and collaborative approach, this role ensures product strategies are aligned with market dynamics, regulatory requirements, customer expectations, and the bank's long-term goals. By leveraging internal analytics and external market insights, this role ensures continuous improvement in product performance and profitability. This position champions innovation through the incorporation of emerging technologies and best practices while maintaining a rigorous focus on compliance and risk mitigation. This role also plays a vital part in fostering enterprise-wide collaboration and alignment across departments, serving as a conduit between senior leadership, product teams, and external partners. This position may support one or more lines of business and encompass multiple specializations.

Essential Functions

• Strategic Leadership: Leads the development and execution of long-term product strategies, ensuring alignment with organizational goals, market trends, and customer needs.
• Product Lifecycle Management: Oversees the end-to-end product lifecycle, from ideation and development through launch, performance monitoring, and continuous improvement.
• Digital Product Integration: Drives integration of digital capabilities into products and platforms; maintains and prioritizes a roadmap of enhancements and collaborates with Transformation and Technology teams on implementation.
• Sales and Marketing Enablement: Partners with sales, marketing, finance, and business leaders to develop marketing plans and sales enablement tools that enhance banker adoption and customer acquisition.
• Customer-Centric Innovation: Gathers and interprets customer feedback and market intelligence to guide product enhancements and elevate the overall customer experience.
• Performance Analytics and Financial Management: Monitors key performance indicators and budgetary outcomes for the product portfolio; uses insights to recommend adjustments to strategies or offerings.
• Regulatory and Risk Oversight: Ensures products comply with regulatory and internal policy requirements; works closely with Legal, Risk, and Compliance to address regulatory changes and proactively manage risk.
• Third-Party and Vendor Management: Collaborates with Procurement and other internal teams to manage vendor relationships and contracts critical to product delivery and support.
• Cross-Functional Leadership: Provides leadership for cross-functional initiatives and strategic projects that impact multiple lines of business; ensures alignment with bank-wide objectives.
• Team Leadership and Development: Provides direct and indirect leadership for team members supporting assigned product lines. Encourages professional development, fosters collaboration, and promotes accountability.
• This position may require travel within the Bank's geographic area.

Experience & Education

• 710 years of experience in product management, product development, or a related field, ideally within financial services.
• Experience leading the development of deposit products, including pricing, profitability analysis, and digital delivery, preferred.
• Experience managing go-to-market strategies for both consumer and business banking products.
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field is required.
• MBA or relevant graduate-level education is preferred.
• Relevant certifications in product management, banking, or financial services are preferred.

Skills & Qualifications

• Demonstrated strategic thinking and execution skills.
• Strong solution-oriented business acumen, including financial modeling, pricing strategy, and ROI analysis.
• In-depth knowledge of financial services and banking products, with an emphasis on deposit products and digital integration.
• Strong vendor management experience, including contract negotiation and evaluation.
• Demonstrated ability to lead cross-functional and indirect teams in a matrixed environment.
• Proven track record of managing complex product portfolios and launching new products.
• Familiarity with regulatory requirements affecting deposit and transaction products (e.g., Truth in Savings Act, Regulation DD, BSA/AML, and consumer protection laws).
• Experience in developing and managing relationship management platforms and CRM solutions.
• Effective verbal and written communication skills.
• High proficiency in platform delivery systems, core banking applications, and product roadmap tools.

Other Requirements

• Requires the ability to lift, carry, push, pull weights or otherwise move objects weighing as much as 10 lbs. on a regular basis and/or for extended periods of time during the workday.
• Occasional overtime or extended hours may be required.

We're a culture that offers resources to benefit your overall health and well-being:

• Career Development and Mentorship Programs
• Generous paid time off, minimum 4 weeks
• Employee recognition, awards, and events
• Free vision insurance
• Retirement matching
• Tuition reimbursement

This job description is not designed to be a comprehensive listing of duties, responsibilities, or activities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice. Broadway Bank is proud to be an Equal Opportunity Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. Member FDIC