Cash Product Line Manager

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GENERAL FUNCTION:
A Product Line Manager manages a team of Product Development Managers. Develops long-term product plans, focusing on customers, competition, profitability, product life cycle, and service considerations. Coordinates and leads the activities of cross-functional teams involving various business partners in the development and deployment of new products, product enhancements, and process or procedural improvements. Develops financial operating plans, projects profit and loss, and is charged with achieving annual sales objectives for assigned products or areas. Sets strategic direction for the products and acts as a champion and advocate internally on value proposition and impact to business.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Manage Product Development Team to ensure the creation of new products and enhancement of current products is executed successfully and in alignment with Bancorp and LOB strategic objectives .
• Manage the overall product suite P& L of the Product suite to ensure that revenue and margin targets are being met and expenses are within budget.
• Establish annual goals and objectives for each product.
• Oversee the design and implementation of new products and services.
• Ensure employee goals are established and tracked annually.
• Actively cultivate and manage relationships with key customers and internal business partners.
• Actively monitor industry trends; participates in industry forums, professional associations, conferences, etc.
• Must have an extensive knowledge of Cash Processing Ecosystem
• Actively manage Suppliers for contract negotiations and service level execution

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor' s degree in marketing, finance or business; MBA preferred.
• 10+ years experience in financial services product management and cash processing.
• Tenure with a large multi-regional bank or financial institution.
• Experience in managing a team of professionals preferred.
• Recognized ability to interact with executive and senior management at headquarters and in the field (our Affiliate Bank structure) with a professional demeanor and presence .
• Excellent presentation and communication skills.
• Ability to articulate and sell ideas influence in throughout a large organization ion.
• Working know ledge of the related areas of finance, information technology, risk management, legal, compliance, education, Internet banking, call center sales and marketing.
• Willingness to be * hands on* and act as individual project manager whenever necessary.
• Able to negotiate terms of agreements and establish new product offerings

WORKING CONDITIONS:

• Normal office environment with little exposure to dust, noise, temperature and the like.
• Some travel may be required.
• Extended viewing of CRT screen.

Cash Product Line Manager

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.