VP Product Management, Bank Deposit Products
Job Description
This role will lead the Ameriprise Bank Deposit Products group. Ameriprise Bank is a fully digital bank that launched in 2019. It is a fast-growing start-up within Ameriprise Financial. We are seeking a strong and experienced banking industry leader to independently lead deposit products.
In this role, you will lead complex product development projects and initiatives and be responsible for the successful launch and marketing of new products. Scope of development includes product features, service, sales, vendor relationships, marketing materials, processes, policies, and procedures. You will also be responsible for representing the deposit product group in the business and with key business partners.
This role may be located in Charlotte, NC or Minneapolis, MN.
Key Responsibilities:
- Ability to independently lead large scale cross-functional product development projects and drive results
- Operate at both strategic and tactical levels to lead and execute details of product development and implementation of bank deposit products
- Provide leadership and subject matter expertise on banking regulatory/compliance rules and ensure products meet all requirements
- Lead across the organization to communicate and promote bank deposit products. Resolve complex advisor/client issues
- Knowledgeable on the competitive environment for bank deposit products and as inputs to product development recommendations
- Collaborate with Ameriprise Financial Cash Products leader and executive leadership
Required Qualifications:
- 10+ years' experience in the banking industry
- 5+ years' people leadership experience
- Bachelor's degree
Preferred Qualifications:
- 5+ years' bank deposit product experience strongly preferred
- Ability to independently lead and execute large product development and implementation projects
- Very strong project management skills and high attention to detail
- Bank product development and management experience for checking accounts and savings accounts
- Ability to read and understand bank regulatory standards and ensure product meets all standards
- Demonstrated track record of successful collaboration at a leadership level in a highly matrixed organization
- Ability to make connections across disparate information sources to drive effective decision-making
- Strong collaboration, negotiation and influencing skills
- Experience working cross functionally with technology, operations, compliance, legal, sales and marketing to develop and launch products, and drive balance growth to meet annual targets
- Proven track record of driving results in a fast-paced, complex organization
About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
The estimated base salary for this role is $171,700 - $231,800 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full timeExempt/Non-Exempt
ExemptJob Family Group
Marketing/Product ManagementLine of Business
BANK BankThis role will lead the Ameriprise Bank Deposit Products group. Ameriprise Bank is a fully digital bank that launched in 2019. It is a fast-growing start-up within Ameriprise Financial. We are seeking a strong and experienced banking industry leader to independently lead deposit products.
In this role, you will lead complex product development projects and initiatives and be responsible for the successful launch and marketing of new products. Scope of development includes product features, service, sales, vendor relationships, marketing materials, processes, policies, and procedures. You will also be responsible for representing the deposit product group in the business and with key business partners.
This role may be located in Charlotte, NC or Minneapolis, MN.
Key Responsibilities:
- Ability to independently lead large scale cross-functional product development projects and drive results
- Operate at both strategic and tactical levels to lead and execute details of product development and implementation of bank deposit products
- Provide leadership and subject matter expertise on banking regulatory/compliance rules and ensure products meet all requirements
- Lead across the organization to communicate and promote bank deposit products. Resolve complex advisor/client issues
- Knowledgeable on the competitive environment for bank deposit products and as inputs to product development recommendations
- Collaborate with Ameriprise Financial Cash Products leader and executive leadership
Required Qualifications:
- 10+ years' experience in the banking industry
- 5+ years' people leadership experience
- Bachelor's degree
Preferred Qualifications:
- 5+ years' bank deposit product experience strongly preferred
- Ability to independently lead and execute large product development and implementation projects
- Very strong project management skills and high attention to detail
- Bank product development and management experience for checking accounts and savings accounts
- Ability to read and understand bank regulatory standards and ensure product meets all standards
- Demonstrated track record of successful collaboration at a leadership level in a highly matrixed organization
- Ability to make connections across disparate information sources to drive effective decision-making
- Strong collaboration, negotiation and influencing skills
- Experience working cross functionally with technology, operations, compliance, legal, sales and marketing to develop and launch products, and drive balance growth to meet annual targets
- Proven track record of driving results in a fast-paced, complex organization
About Our Company
We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
The estimated base salary for this role is $171,700 - $231,800 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full timeExempt/Non-Exempt
ExemptJob Family Group
Marketing/Product ManagementLine of Business
BANK Bank
About Ameriprise Financial
For 125 years, we have remained true to our vision of putting our clients' interests first. We are passionate about helping you live the full and rich life you’ve earned and committed to helping you be brilliant.
A company with integrity.
Integrity has been a core value since we were founded by John Tappan in 1894. It's how, through panics, recessions, the Great Depression, and the recent Great Recession, we've grown into a global financial leader. We've never lost our focus on our clients. That's who we are.
We have more than $875 billion in assets under management and administration.
We maintain leadership positions in each of our core business segments: Advice & Wealth Management, Asset Management, Annuities, and Protection.
We have more than 2 million individual, business, and institutional clients.
Our Leaders
Part of our strength as a company comes from the strength of our leadership—an experienced and long-tenured team.
Our Locations
Ameriprise Financial was founded and is headquartered in Minneapolis. We also have corporate offices throughout the United States and across the globe, including New York, Boston, London, and India.
Our History
Since 1894, we at Ameriprise Financial have been helping millions of clients invest towards their financial goals and dreams.
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