Product Manager

U.S. Bank•Minneapolis, MN

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Product Managers at U.S. Bank are customer obsessed in driving product visioning, planning and development to deliver on our human + digital product strategy and staying one step ahead of evolving economic, technological, and customer needs. In this role, you will drive the strategic direction for a core Treasury Payment Solutions (TPS) Check and fraud controls product set, specifically ARP and Positive Pay. The position is strategically focused, market‑driven, and externally oriented, with accountability for delivering client value, revenue growth, and operational efficiency. You will apply market insight and functional expertise to develop and manage solutions that enhance customer experience, reduce friction, lower operational cost, and mitigate risk. Responsibilities include analyzing market trends and key drivers of revenue growth and attrition, contributing to a multi‑year product strategy encompassing pricing, product enhancements, sales enablement, and integration with complementary solutions, and producing customer‑facing documentation and internal enablement resources. The Product Manager partners closely with Sales, Operations, Technology, Marketing, Legal, Customer Support, Risk, and Compliance to ensure products are competitive, scalable, secure, and aligned with U.S. Bank’s broader Treasury strategy.

Requirements

Product management experience

Nice To Haves

Experience in Treasury Management, Receivables or Fraud solutions
Experience with partnering with Sales and client-facing teams
Strong financial and competitive analysis
Inherent curiosity and ability to question the status quo
Ability to anticipate shifting market priorities, internal and external customer needs in a manner that consistently adds value
Strong customer centricity to implement strategies and techniques used to ensure that customers have positive experience with the organization's products and services at every touch point
Knowledge of technical aspects of software products; ability to design, configure and integrate technical aspects of software products
Knowledge of Agile ways of working, knowledge of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations
Expertise on the critical interdependencies among product model system elements that help and hinder performance; ability to plan and design solutions that synchronize resources to achieve business results using business metrics, key performance indicators, design systems, service blueprints, and reusability.
Ability to operate independently in a complex, highly regulated environment.
product PnL, product strategy, vision and planning, product discovery, product development, channel alignment and management, adoption, customer experience research, insight and execution, agile ways of working, go to market and sales channels, performance measurement and optimization, marketing and analytics, customer centricity.

Responsibilities

Identify, analyze and interpret business data using various kinds of techniques to meet business needs and requirements.
Activate the connective tissue between U.S. Bank, customer experience, digital, technology, and business line strategy to identify and prioritize product / portfolio opportunities, and establish the product vision, charter and roadmap.
Defines product outcomes and Objectives and Key Results (OKRs) to prioritize Features/Epics and breaks down work into actionable steps to facilitate product discovery, design, development and delivery.
Manages the end-to-end product lifecycle and drives the product roadmap leveraging OKRs (Objectives and Key Results).
Creates the product in conjunction with agile, experience design, technology and risk partners to achieve business and customer outcomes.
In the case of technical products, understands and cares for the technical features, debt reduction and modernization of the technical product with expertise in the technology required of the product.
Analyzing market trends and key drivers of revenue growth and attrition.
Contributing to a multi‑year product strategy encompassing pricing, product enhancements, sales enablement, and integration with complementary solutions.
Producing customer‑facing documentation and internal enablement resources.

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
Pension