VP, Product and Digital

Columbia Financial Inc

  • Fair Lawn, NJ
  • 13 days ago

    Highlights

    This role encompasses leading a team that shapes the strategic direction and capabilities of digital channels and key banking products, ensuring a seamless, customer-centric experience that drives revenue and deposit growth. Maintain a clear understanding of market dynamics and client insights to define product trends and inform the product vision and strategy including specific product developments.

    Numbers & Facts

    LocationFair Lawn, NJ

    Description

    SUMMARY:

    The VP of Product and Digital for Columbia Bank will be responsible for defining, delivering, and scaling Columbia Bank's product and digital strategy across the Bank. This role encompasses leading a team that shapes the strategic direction and capabilities of digital channels and key banking products, ensuring a seamless, customer-centric experience that drives revenue and deposit growth. This person will collaborate with cross-functional teams to create innovative solutions that meet customer needs and elevate the brand

    Job Responsibilities:

    Product Oversight

    • Own the product roadmap and recommendations for assigned digital products, ensuring alignment with the Bank's strategic priorities.
    • Manage relationships with key digital vendors to ensure functionality is maximized and best-in-class customer experience is delivered.

    Product Strategy & Market Analysis

    • Define and maintain a clear consumer and commercial deposit product strategy and roadmap covering the full product lifecycle.
    • Maintain a clear understanding of market dynamics and client insights to define product trends and inform the product vision and strategy including specific product developments.

    Innovation & New Product Development

    • Develop new products and product changes iteratively and continuously together with cross-functional team members.
    • Explore and research alternative/non-traditional product lines and fintech options with the potential to generate revenue and or deposit growth.

    Product Performance & Analytics

    • Establish and monitor product performance metrics.
    • Partner with key support groups such as Business Intelligence, Finance, Deposit Operations and Client Experience to deploy actionable insights.
    • Communicate product insights and updates to senior leadership and key stakeholders, ensuring alignment and support across the organization.

    Operational Excellence

    • Partner closely with Technology, Operations, CX, and Risk to ensure solutions are executed, secure, compliant, and operationally sound.
    • Support product mapping and alignment for potential bank acquisitions.

    Leadership & Strategic Support

    • Support the 1st SVP of Product and Digital in key strategic decisions and execution.
    • Lead a team of product specialists and cover all responsibilities of a manager from hiring, performance management, and skill-based coaching.

    Required Qualifications:

    • Bachelor's degree.
    • Minimum of 7+ years of experience in product management, with a focus on digital channels and customer-facing products.
    • Experience working with vendors.
    • Proven track record of successfully launching and managing digital products in the e-commerce, or financial services industries.

    Preferred Qualifications:

    • Higher level education such as a Master's degree, PHD, or certification is desirable.
    • Familiarity/Experience with Agile build methodologies preferred.

    Core Competencies/Skills:

    • Attention to detail and ability to manage multiple tasks and priorities simultaneously is critical for success.
    • Strong analytical skills with the ability to leverage data to drive decisions and product enhancements.
    • Exceptional communication and interpersonal skills, with a demonstrated ability to collaborate effectively across teams and levels.
    • Familiarity with Product Management, eCommerce, Marketing.
    • Passion for building something new, working across boundaries to implement change and helping others succeed.

    Columbia Bank offers the following benefits:

    • Medical, Dental, Vision and Rx which are contributory.
    • Bonus programs.
    • Employee Stock Option Program (ESOP).
    • Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
    • Paid Time Off (PTO) which includes Personal and Vacation Time.
    • Paid Sick Time.
    • Bank Holidays.
    • Employees may participate in the 401k program.

    Schedule:

    This role is eligible for a hybrid schedule; 3 days in the office and 2 days work from home based on business need.

    Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans.

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