Deposit Product Manager

Full job description
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For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.


Summary:

Manages product management and development activities supporting the consumer & small business deposit product portfolios. The manager ensures that deposit products reach profitability and growth objectives and serves as a principal point of contact for Product Management with our internal and external relationships.


Education and/or Experience:

Bachelor’s degree (BA, BS, BBA, etc.) required or a minimum of eight years directly related experience
Minimum of five years of product management, product development or product marketing experience required
Intermediate Banking knowledge of Deposit Products
Proficient in MS office suite of products – Excel, Word and PowerPoint

Job Responsibilities:

Conduct regular reviews of existing products to ensure that the organization remains competitive. Identify opportunities for new consumer & small business products and feature enhancements. Prepare new product launches and major enhancements to existing products.
Collaborate with Senior Director to establish, execute, evaluate and monitor the strategic direction of the consumer deposit product portfolios. Create tactical plans and product roadmaps for assigned products and enhancements.
Act as a primary resource and subject matter expert to the Retail line of business by providing expert product knowledge, product applications, and exception pricing support.
Act as a team lead among cross functional teams to achieve effective solutions to complex issues. Assemble the appropriate resources from areas including marketing, operations, compliance, finance and administrative support to ensure the timely, cost-effective and efficient delivery of products and features.
Manage the annual budgeting and strategic planning activities for the consumer portfolio, which includes deposit flows, fee income, and ongoing management of budget variances.
Partner with the Finance team to forecast and monitor all drivers of the business: accounts, households, balances, margin, fee income, expense, etc.
Ensure compliance with all applicable laws, regulations, policy, and risk requirements.
Perform other duties as needed upon request by immediate supervisor

Benefits of Joining the Teachers Team:


We provide a competitive compensation and benefits package that includes, but is not limited to:


Paid time off for vacation, personal days, and holidays
Fully-funded pension plan
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $91,000 to $160,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.


All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.



To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers


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United States
New York
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