Product Manager - Deposits Accounts
Hauppauge, New York
Job Id:
160673
Job Category:
Job Location:
Hauppauge, New York
Security Clearance:
No Clearance
Business Unit:
Piper Companies
Division:
Piper Enterprise Solutions
Position Owner:
Mac Stephens
Zachary Piper Solutions is looking for a Product Manager – Deposit Accounts to support the continued growth and optimization of consumer and small business deposit portfolios for a leading Credit union. This individual will be responsible for managing product strategy, development, and performance across deposit offerings, ensuring products meet profitability, growth, and member experience objectives while remaining compliant with regulatory requirements. The Product Manager will serve as the primary point of contact for deposit product management, providing subject matter expertise to internal partners and external stakeholders and driving cross‑functional execution of product initiatives aligned with organizational strategy.
Responsibilities of the Product Manager:
- Conduct ongoing reviews of existing consumer and small business deposit products to ensure market competitiveness and alignment with industry trends
- Identify opportunities for new deposit products and enhancements to existing offerings
- Prepare and execute new product launches and significant feature enhancements
- Collaborate with senior leadership to establish and execute the strategic direction of assigned deposit portfolios
- Develop and maintain product roadmaps and tactical plans supporting portfolio objectives
- Serve as a subject matter expert for the Retail line of business, providing guidance on product functionality, applications, and exception pricing
- Lead cross‑functional teams to deliver effective solutions, coordinating resources across marketing, operations, compliance, finance, and administrative teams
- Manage annual budgeting and strategic planning activities, including deposit flows, fee income, and budget variance analysis
- Partner with Finance to forecast and monitor key performance drivers such as:
- Accounts and households
- Deposit balances and margins
- Fee income and expenses
- Ensure compliance with all applicable laws, regulations, internal policies, and risk management requirements
- Perform additional responsibilities as assigned by immediate supervisor
Required Qualifications of the Product Manager:
- Bachelor’s degree required (Business, Finance, Marketing, or a related discipline preferred) OR a minimum of eight (8) years of directly related experience
- Minimum five (5) years of experience in:
- Product management
- Product development
- Product marketing
- Intermediate knowledge of:
- Consumer deposit products
- Small business deposit products
Compensation & Benefits:
- $145,000 - $160,000
- Paid time off, 401(k) plan with company contribution, 100% employer‑paid, Tuition reimbursement available for full‑time employees, Exclusive employee loan discounts,
This job opens for applications on 2/23. Applicants will be accepted for 30 days from posting date.
#LI-MS1, #LI-Onsite
Keywords: product manager, deposit product management, consumer deposit products, small business deposit products, retail banking products, product strategy, product development, product performance management, portfolio management, deposit portfolio strategy, product lifecycle management, new product development, product enhancements, product launches, feature releases, product roadmap, tactical planning, strategic planning, market analysis, competitive analysis, industry trends, profitability analysis, growth strategy, member experience, customer experience, user experience, CX optimization, pricing strategy, exception pricing, fee income management, deposit flows, balance growth, margin management, revenue optimization, budgeting, financial forecasting, variance analysis, KPI tracking, performance metrics, accounts growth, household growth, deposit balances, interest margin, expense management, financial modeling, business case development, ROI analysis, cross-functional leadership, stakeholder management, executive collaboration, senior leadership reporting, subject matter expert, SME, retail line of business support, internal consulting, marketing collaboration, operations coordination, compliance partnership, finance partnership, administrative coordination, go-to-market strategy, product positioning, value proposition development, requirements gathering, business requirements documentation, BRD, functional requirements, process improvement, workflow optimization, risk management, regulatory compliance, banking regulations, consumer banking regulations, small business banking regulations, policy adherence, internal controls, governance, audit readiness, quality assurance, product governance, portfolio optimization, growth initiatives, innovation strategy, market opportunity identification, customer needs analysis, voice of customer, product usability, digital banking products, branch banking products, deposit accounts, checking accounts, savings accounts, money market accounts, certificate of deposit, CD products, account features, account pricing, account bundling, promotional offers, rate strategy, balance sheet products, deposit profitability, cost of funds, net interest margin, NIM, relationship management, partner management, external stakeholder engagement, project management, program management, change management, launch management, roadmap execution, backlog management, prioritization, agile collaboration, waterfall execution, cross-functional delivery, business transformation, continuous improvement, product optimization, regulatory risk, operational risk, financial risk, compliance oversight, performance reporting, management reporting, dashboarding, data-driven decision making, analytics, business intelligence, forecasting models, portfolio health monitoring, strategic execution, organizational alignment, growth objectives, profitability objectives, experience objectives