Assistant Product Manager
Assistant Product Manager - Domestic Payables Receivables Products
CAN YOU changethe way a company does business?
DO YOU want to work in a growing and successful business that has authentic and visionary leaders?
Who are we?
Institutional Banking Markets (IBM) provide institutional clients with solutions across the debt to equity capital spectrum, payment systems, risk management and other banking services. We call this proposition 'Total Capital Solutions'.
Corporate Banking Solutions (CBS) delivers dynamic banking solutions to improve our clients' businesses and support Australia's economic development. Our goals are:
- To deliver undisputed best solutions through customer centric design
- To be recognised as a great place for personal growth and fostering talent
- To deliver sustainably superior financial performance and productivity
Your team
Payments Cash Management are one of the lines of business within CBS. The team has coverage of Transaction Banking product solutions including deposit and transactional products, online banking channels, merchant solutions and domestic payables and receivables solutions.
Domestic Payables and Receivables (DPR), which is part of Payments Cash Management in CBS, has a broad suite of products that help business make domestic payments and collect money from their customers. The suite includes BPAY and related products, Direct Credit and Direct Debit, Lockbox products, payables outsourcing, and a number of smaller niche products.
You will:
Assist the Product Manager/Senior product Manager and MOR to manage the end to end Payables and Receivables product offering and ensure we have a strong plan to maximise product PL contribution by meeting the needs of our clients. The portfolio is valued at over ~$60M net revenue and you will actively engage with sales, clients, billing, legal, technology, marketing, risk management, operations, third party suppliers and industry bodies/ regulators.
More specifically you will:
- Assist with the management of all aspects of the payables and receivables product sets across all relevant client segments to meet plan targets that encompass revenue growth, cost reduction, acquisition, retention, market share, pricing, product and process enhancement.
- Help to build an understanding of the needs of various client segments for the products, and of the clients' processes and issues
- Design and develop systems and processes to enhance CBS's product offerings.
- Provide advice to other business units regarding the needs of various client segments for Domestic Payables and Receivables products and of the clients' processes and issues in relation to those products.
- Assist in monitoring pricing and other market trends, and take appropriate action to protect and enhance the competitiveness and profitability of CBS products.
- Assist in designing and developing products, systems and processes to enhance DPR's product solution offering to ultimately deliver additional revenue and profit in line with strategic priorities.
- Assist in identifying and assessing risks that could prevent CBS from achieving its strategies.
- Strong engagement with the sales segments to promote DPR products and remove barriers to cross-selling the product set.
You have:
- Experience in banking or finance
- Understanding of working capital management issues
- Tertiary qualifications preferred
To be considered for this stimulating and rewarding position, please apply online today.
Advertised:
2 Aug 2013 Aus. Eastern Standard Time
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