Product Director BaaS Hybrid Draper, UT - Eden Prairie, MN

UnitedHealth Group•Eden Prairie, MN

1d•Hybrid

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. Join us in Optum Bank, as a Product Director as we build intuitive and seamless financial services experiences that bring together customer centric design principles with financial services best practices to support consumers and providers in healthcare. Healthcare is at a pivotal point and creating and designing intuitive financial services experiences that allow consumers and providers to focus on care delivery, while managing their financial positions is crucial to overall wellbeing. This position will interact with multiple levels and will leverage deep financial services and product management expertise.

Requirements

10+ years of experience with Product Management
5+ years of progressive experience in leading product management in the Financial Services industries
5+ years of experience within a highly matrixed organization
5+ years of comprehensive and detailed business analysis and requirement documentation skill
Proven solid consultation, collaboration, negotiation, and influencing skills at senior leadership levels
Demonstrated ability to communicate ideas clearly and concisely
Demonstrated ability to take initiative, work independently, and manage multiple products
Demonstrated ability to synthesize and leverage data and analytics to build the product value story
Willing to travel up to 10%25

Nice To Haves

Experience creating commercial account opening and servicing capabilities
Experience creating lending origination and servicing capabilities
Experience in 3rd party card issuance/settlement and alternative payment methods
Experience with treasury cash management platforms for B2B organizations

Responsibilities

Strategy and Vision: Define and communicate a clear product strategy and vision for Optum Bank Commercial Deposit and Lending solutions; aligning with the overall organizational goals
Product Development: Oversee the end-to-end product development lifecycle, from ideation to launch, ensuring the timely delivery of high-quality products
Market Analysis: Conduct comprehensive market analysis, including competitive intelligence, customer insights, and industry trends, to identify opportunities and drive product innovation
Roadmap Planning: Develop and maintain a product roadmap that outlines the prioritization, sequencing, and release plans for new features and enhancements, based on customer needs and business objectives
Cross-Functional Collaboration: Collaborate closely with cross-functional teams, including engineering, design, marketing, and sales, to drive product execution, resolve challenges, and achieve business objectives
Stakeholder Management: Build and maintain solid relationships with key stakeholders, including customers, partners, and industry experts, to understand their needs and gather feedback for continuous improvement
Team Leadership: Lead and mentor a team of product managers, providing guidance, support, and fostering a culture of innovation, collaboration, and accountability
Product Performance: Monitor and analyze product performance metrics, including usage data, customer satisfaction, and revenue growth, to identify opportunities for optimization and make data-driven decisions
Regulatory and Compliance: Ensure regulatory compliance of Optum Bank products and services, data privacy requirements, and industry standards pertaining to banking and financial solutions