Senior Product Modernization Manager

🔥 0 minutes ago

🚗 Michigan – Remote

🚗 Michigan – Remote

💵 $110.9k - $186k / year

⏰ Full Time

🟠 Senior

👔 Manager

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Flagstar Bank

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

🛡️ Insurance

💼 Consulting

🏥 Healthcare

Insurance • Consulting • Healthcare

Flagstar Bank is a diversified commercial bank focused on building relationships to help clients on their financial journeys, whether for personal or business needs. The bank offers a wide range of financial services including personal and business banking, loans, mortgages, wealth management, and investment services. Flagstar is committed to community involvement and meeting the banking needs of diverse neighborhoods, including low- and moderate-income areas, while promoting diversity, equity, and inclusion within its operations.

📋 Description

• Define and own the multi-year product offers platform modernization roadmap • Evaluate, select, and implement platform solutions and build business cases for technology investment • Establish enterprise governance for product offer creation and configuration, including approval workflows, version control, audit trails, and change management • Drive migration of existing product offer infrastructure onto the modernized platform • Build and develop the platform modernization team • Set standards for end-to-end offer creation, configuration, and deployment across the consumer deposit portfolio • Ensure accuracy and compliance of product offer configurations across core banking and digital systems • Own and govern the product offer library • Partner with Finance, Marketing, Technology, Operations, Compliance, and Legal on offer strategy, profitability, risk, and delivery • Define the operational model and performance scorecard for product offer delivery across customer-facing channels • Lead platform improvements that reduce operational risk, manual effort, and system unreliability • Represent the product modernization function in governance committees and executive forums • Analyze and resolve problems and make decisions using independent judgment • Perform special projects and additional duties as required

🎯 Requirements

• Undergraduate Degree (4 years or equivalent) in marketing, business, or a related field • 8+ years of progressive experience in deposit product operations, banking product management, or a related discipline within a regulated financial institution • Experience leading core banking product modernization, platform migration, or product rationalization initiatives at scale • Deep understanding of consumer deposit product infrastructure, including product parameters, fee structures, eligibility rules, and downstream system dependencies • Strong technical fluency in platform strategy, technology investment business cases, and implementation-ready specifications • Experience leading cross-functional initiatives across Technology, Operations, Compliance, Finance, and Marketing • People leadership experience building, developing, and retaining teams • Financial services experience • Core banking platform experience • Experience with core banking platform configuration, parameter management, and enterprise governance • Experience building or scaling product modernization functions from a fragmented or legacy starting point • Familiarity with offer management platforms, product configuration tools, and API-based integration standards • Strong understanding of Reg DD, UDAAP, and consumer deposit compliance requirements • Master's degree, MBA, or other advanced degree preferred

🏖️ Benefits

• Medical insurance • Dental insurance • Vision insurance • Life insurance • Disability insurance • Comprehensive leave program • Variable incentives, bonuses, commissions, or other awards may be included in total compensation