Manager, Lending Product

About MCU: At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

Our Mission: To help hard-working New Yorkers build better tomorrows Our Vision: Be New York's most loved financial institution by helping our members build their best financial futures Overview: The Consumer Lending Product Manager provides leadership and oversight of translating strategic objectives into actionable product initiatives for Consumer Lending Products. The manager ensures that Lending products reach profitability and strategic objectives, and serves as a principal point of contact for Product Management with our internal and external relationships.

Responsibilities

Specific duties include, but are not limited to, the following: Ensure overall soundness of loan Consumer portfolio, with the ability to identify and develop long term strategies that will include initiatives such as product mix, growth goals, strategic and market penetration objectives Product Development and Management: Support the end-to-end lifecycle of Consumer Lending Products, including ideation, market analysis, design, development, testing, pricing, fees, and ongoing enhancement Product Portfolio Monitoring: Monitor and report on portfolio trends including P&L, Lending Production management, pricing and delinquency management on shorter vs longer term product offerings.

Provide corrective action recommendations when performance is not in line with expectations Market research and analysis: Set, maintain and monitor benchmarks of lending products performance. Provide reporting, analysis and recommendations. Work with Technology, Lending and Lending Operations to support and bring-forth Product Deliverables to execution Engage Compliance, Legal, Fair Lending, and Risk business partners throughout product development.

Own Go-to-Market strategy alongside Lending, Retail, Digital and Marketing for any new product launches Perform other related duties as requested and special projects as assigned Requirements : Bachelor’s degree (BA, BS, BBA, etc.) required or a minimum of eight years directly related experience Minimum of five years of product management, product development or product marketing experience required Expert Banking knowledge of Consumer Lending Products and services Strong reporting, decision making, analytical and problem-solving skills. Highly flexible and able to quickly adapt to changing priorities.

Highly organized, self-motivated, member oriented and able to proactively work independently as well as within a team. Ability to perform in a high-volume environment…

Read the full posting