Product Manager - Commercial (Wire Transfer & Instant Payments)

Commerce Bank•Kansas City, MO

77d•$91,000 - $121,000•Hybrid

About The Position

The main purpose of this job is to support the growth and profitability of the Wire Transfer and Instant Payments products, which includes oversight of development, enhancement, and optimization of these offerings.

Requirements

Working understanding of Treasury Payments products, namely Wire Transfer and Real Time/Instant Payments
Knowledge of agile development methodology
Strong analytical and problem-solving abilities, with a data-driven approach to decision-making.
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Proficient with Microsoft Word, Excel, Teams and Outlook
Bachelor’s degree in related field or equivalent combination of education and experience required
5+ years product management/development or equivalent experience in Commercial payments/cash management, product and/or project management required
Product management experience and deep understanding of product lifecycle required

Nice To Haves

Development or business analysis background preferred

Responsibilities

Collaborate with stakeholders and customers to develop, refine, expand, and execute the Wire Transfer & Instant Payments product strategies, aligning with the bank’s overall business objectives.
Identify market trends, customer needs, and competitive landscape to drive product enhancements and innovations.
Conduct thorough market analysis and customer research to identify gaps, address customer pain points, and propose product improvements.
Collaborate with technology teams to translate business requirements into technical specifications, ensuring smooth implementation of product features.
Engage with internal stakeholders, including Senior Management, Operations, Sales, and Customer Support, to understand their needs and align development initiatives.
Partner with product marketing and sales enablement to ensure market success.
Collaborate with compliance and risk management teams on regulations, AML/KYC guidelines, and industry best practices to ensure compliance within payment offerings.
Perform other duties as assigned