Principal Financial Product Development

The role

This person will create and implement a repeatable process for product definition, development, optimization, and management. They will work with stakeholders to identify market opportunities and develop lending products.

What you will do

• Develop and execute a process to ideate, test, develop and optimize loan products
• Document a standard process for loan product development
• Build a Product Development Life Cycle (PDLC) playbook
• Collect market assessments and competitive analyses
• Identify product features based on client feedback, regulatory requirements, and business objectives
• Collaborate with finance, marketing, risk management, and technology to design loan products
• Lead the launch of new loan products and coordinate go to market strategies
• Develop and standardize key performance indicators (KPIs) and metrics
• Partner with market research to utilize client feedback and surveys
• Work with risk management teams to assess and mitigate risks

Required qualifications

• Bachelor’s degree in business administration, finance, economics, or related field or an equivalent combination of education and experience
• Minimum of 10 years of progressive experience in product development within the financial services industry, with a focus on lending
• Ability to think tactically and strategically
• Advanced knowledge of product life-cycle or product management/development
• Advanced interpersonal skills, communication, presentation, problem solving, analytical, organizational, critical thinking and listening skills
• Advanced knowledge of the financial industry
• Ability to effectively lead multiple projects simultaneously
• Ability to collaborate/influence others as a leader of projects
• Strong business and financial services literacy
• Advanced computer skills including MS Office applications and WebEx software
• Must be comfortable seeking input from all levels throughout the organization
• Valid driver’s license

Nice to have

• Advanced degree

Benefits

• Hybrid model – up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities
• Professional membership/certification reimbursement

Before you apply

• Must be authorized to work for any employer in the United States
• Compeer is unable to sponsor or take over sponsorship of an employment visa at this time

About the company

Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. They provide financial services to support agriculture and rural communities.