CPS Product Manager
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. We are seeking a strategic, collaborative Product Manager to help shape and advance Elan’s commercial payments portfolio. This role is ideal for someone who combines strong product management and a forward-looking strategic mindset. The Product Manager will lead roadmap development, partner across teams, and help modernize the way Elan delivers value to bank partners and their customers. Product Managers at U.S. Bank are customer obsessed and play a critical role in defining product vision, planning, development, and execution in support of our human + digital product strategy. This Product Manager will focus on Elan commercial payments, helping shape the next phase of portfolio growth and modernization for our bank partners and their customers. This role requires a strong product leader who can bring structure to complex work, connect strategy to execution, and collaborate effectively across CPS, PCS, Treasury Management, technology, servicing, risk, sales, and operations. The ideal candidate will be comfortable using data and business insights to guide decisions, while also bringing creativity and curiosity to identify new ways to improve partner economics, digital experiences, and customer outcomes.
Requirements
- Strong product management skills
- Forward-looking strategic mindset
- Comfortable using data and business insights to guide decisions
- Creativity and curiosity to identify new ways to improve partner economics, digital experiences, and customer outcomes
- Ability to bring structure to complex work
- Ability to connect strategy to execution
- Ability to collaborate effectively across CPS, PCS, Treasury Management, technology, servicing, risk, sales, and operations
Nice To Haves
- Experience with commercial payments portfolio
- Experience with Canadian portfolio rebrand
- Experience with Mastercard One Card BIN
- Experience with modernized bank rebate models
- Experience with automated contracting
- Experience with digital ordering capabilities
- Experience with Elan Commercial Portal
- Experience with Salesforce pipeline reporting
- Experience with ServiceNow application status visibility
- Experience with enhanced spend insights
- Experience with D&B project for unsecured credit preflight review
- Experience with PaperTrl
Responsibilities
- Define and communicate a clear product strategy for Elan commercial payments in partnership with CPS, PCS, Treasury Management, servicing, technology, risk, sales, and operations.
- Build and manage a practical roadmap for key priorities, including the Canadian portfolio rebrand, a new Mastercard One Card BIN, modernized bank rebate models, automated contracting, and digital ordering capabilities, and help modernize legacy business processes to drive compliance and revenue.
- Use portfolio data, reporting, and business insights to identify opportunities, inform priorities, measure outcomes, and strengthen the value Elan delivers to partners.
- Improve the partner and customer experience by reducing friction, strengthening brand consistency, streamlining credit preflight processes, and exploring future payment hub capabilities.
- Advance adoption of the Elan Commercial Portal by delivering value-added capabilities—including Salesforce pipeline reporting, ServiceNow application status visibility, and enhanced spend insights—to strengthen partner engagement, increase referral activity, and support commercial portfolio growth.
- Lead product strategy and roadmap development for Elan commercial payments, including priorities such as the Canadian portfolio rebrand, a new Mastercard One Card BIN, digital ordering capabilities, and the future go-to-market strategy for Elan.
- Partner closely across CPS, PCS, Treasury Management, technology, servicing, risk, sales, and operations to align priorities, clarify roles, remove barriers, and deliver a more connected partner and customer experience.
- Evaluate and modernize bank partnership rebate models to create more scalable, competitive, and partner-focused solutions.
- Strengthen portfolio reporting and business insights by reviewing data strategies, identifying gaps, and using analytics to inform product decisions and measure outcomes.
- Support digital enablement efforts, including automation of client contracting and development of on-demand ordering capabilities that simplify the partner and client experience.
- Drive creation of a new BIN for the Elan Mastercard One Card, coordinating the product, operational, servicing, risk, and go-to-market work needed to support launch readiness.
- Help define the future of an Elan payment hub, including how capabilities such as PaperTrl could expand Treasury Management payment options available through Elan.
- Complete the D&B project to support preflight review of Elan deals for unsecured credit, improving consistency, speed, and decision quality.
- Improve brand governance and customer-facing execution by identifying processes that may result in U.S. Bank branding being sent to Elan customers through cards, servicing contacts, or other touchpoints.
- Translate strategic priorities into clear product requirements, features, milestones, and delivery plans in partnership with agile, design, technology, risk, and business partners.
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
