State Department Federal Credit Union
Manager, Deposit Product
State Department Federal Credit Union, Alexandria, Virginia, us, 22350
Recognized by the city of Alexandria as a Gold Employer, the State Department Federal Credit Union (SDFCU) is dedicated to providing outstanding opportunities and professional development. Headquartered in Alexandria, Virginia, with assets exceeding $2.4 billion, we understand that our success is driven by our talented team members.At State Department Federal Credit Union, we are committed to attracting and retaining top talent to ensure our continued success. Our tradition of exceptional service extends not only to our members but also to our employees. Through comprehensive internal training and workshops, we nurture professional strengths and provide ample opportunities for career advancement. Are you ready to join our dynamic team? We offer competitive salaries, exceptional Health, Dental, and Vision insurance within the first 30 days of service, a matched 401(k) plan with up to 4% SDFCU contribution, and much more.Benefits and Perks of Working at State Department Federal Credit Union Include:Diversity and Inclusion:
Work in an environment that values and respects all team members.Paid Holidays:
Enjoy 12 paid holidays a year, including your birthday.Flexible Work Options:
Potential work-from-home options after the introductory period.Generous Paid Time Off:
Ample vacation and personal days to maintain a healthy work-life balance.Tuition Reimbursement:
Support for your ongoing education and career development.Commute/Parking Incentives:
Financial incentives for your daily commute.Comprehensive Insurance:
Access to excellent medical, dental, and vision insurance packages.Gym Reimbursement:
Stay healthy with our gym membership reimbursement program.Team Bonding:
Participate in company and team bonding events that foster a collaborative work environment.Join us at SDFCU and be part of a team that values excellence, innovation, and professional growth.About the Role:State Department Federal Credit Union is seeking a highly skilled Deposit Product Manager responsible for the development, management, and optimization of deposit products, including savings, money market, checking, certificates of deposit (CDs), and related offerings. This role focuses on driving growth and profitability of the deposit portfolio while enhancing member engagement and satisfaction. Key responsibilities include strategic planning, market analysis, and collaborating with cross-functional teams to ensure that deposit products meet member needs, align with business objectives, remain competitive, and comply with regulatory requirements.Minimum Qualifications:* Bachelor's degree in finance, business, economics, or a related field.* 7+ years of experience in product management, preferably in banking or financial services.* Strong understanding of deposit products, banking regulations, and market trends.* Analytical mindset with the ability to interpret data and make informed decisions.* Excellent project management and organizational skills.* Strong communication and collaboration skills, with experience working across multiple departments.* Proficiency in financial modeling and product pricing strategies.* Knowledge of regulatory and compliance issues related to deposit products.Preferred Qualifications:Member-focused approach with an understanding of member behavior and credit union needs.Ability to work in a fast-paced environment with multiple priorities.Strategic thinker who can translate market insights into actionable plans.Innovative mindset with a passion for continuous improvement and product innovation.Responsibilities:Develop and implement deposit products and services that meet the needs of our customers and align with our business objectives.Collaborate with cross-functional teams to ensure successful product launches and ongoing product management.Analyze market trends and customer feedback to identify opportunities for product enhancements and new product development.Manage the deposit product portfolio to ensure growth and profitability targets are met.Ensure compliance with regulatory requirements and internal policies and procedures.Skills:In this role, you will utilize your strong analytical and problem-solving skills to develop and implement deposit products that meet the needs of our customers and align with our business objectives. You will also use your excellent communication and interpersonal skills to collaborate with cross-functional teams and ensure successful product launches and ongoing product management. Your ability to analyze market trends and customer feedback will be critical in identifying opportunities for product enhancements and new product development. Additionally, your knowledge of regulatory requirements related to deposit products will ensure compliance with internal policies and procedures. Overall, your skills will be instrumental in driving growth and profitability of our deposit portfolio while maintaining a high level of customer satisfaction.
Work in an environment that values and respects all team members.Paid Holidays:
Enjoy 12 paid holidays a year, including your birthday.Flexible Work Options:
Potential work-from-home options after the introductory period.Generous Paid Time Off:
Ample vacation and personal days to maintain a healthy work-life balance.Tuition Reimbursement:
Support for your ongoing education and career development.Commute/Parking Incentives:
Financial incentives for your daily commute.Comprehensive Insurance:
Access to excellent medical, dental, and vision insurance packages.Gym Reimbursement:
Stay healthy with our gym membership reimbursement program.Team Bonding:
Participate in company and team bonding events that foster a collaborative work environment.Join us at SDFCU and be part of a team that values excellence, innovation, and professional growth.About the Role:State Department Federal Credit Union is seeking a highly skilled Deposit Product Manager responsible for the development, management, and optimization of deposit products, including savings, money market, checking, certificates of deposit (CDs), and related offerings. This role focuses on driving growth and profitability of the deposit portfolio while enhancing member engagement and satisfaction. Key responsibilities include strategic planning, market analysis, and collaborating with cross-functional teams to ensure that deposit products meet member needs, align with business objectives, remain competitive, and comply with regulatory requirements.Minimum Qualifications:* Bachelor's degree in finance, business, economics, or a related field.* 7+ years of experience in product management, preferably in banking or financial services.* Strong understanding of deposit products, banking regulations, and market trends.* Analytical mindset with the ability to interpret data and make informed decisions.* Excellent project management and organizational skills.* Strong communication and collaboration skills, with experience working across multiple departments.* Proficiency in financial modeling and product pricing strategies.* Knowledge of regulatory and compliance issues related to deposit products.Preferred Qualifications:Member-focused approach with an understanding of member behavior and credit union needs.Ability to work in a fast-paced environment with multiple priorities.Strategic thinker who can translate market insights into actionable plans.Innovative mindset with a passion for continuous improvement and product innovation.Responsibilities:Develop and implement deposit products and services that meet the needs of our customers and align with our business objectives.Collaborate with cross-functional teams to ensure successful product launches and ongoing product management.Analyze market trends and customer feedback to identify opportunities for product enhancements and new product development.Manage the deposit product portfolio to ensure growth and profitability targets are met.Ensure compliance with regulatory requirements and internal policies and procedures.Skills:In this role, you will utilize your strong analytical and problem-solving skills to develop and implement deposit products that meet the needs of our customers and align with our business objectives. You will also use your excellent communication and interpersonal skills to collaborate with cross-functional teams and ensure successful product launches and ongoing product management. Your ability to analyze market trends and customer feedback will be critical in identifying opportunities for product enhancements and new product development. Additionally, your knowledge of regulatory requirements related to deposit products will ensure compliance with internal policies and procedures. Overall, your skills will be instrumental in driving growth and profitability of our deposit portfolio while maintaining a high level of customer satisfaction.