Cash Management Product Manager, Vice President - Global Transaction Banking (GTB)

Cash Management Product Manager, Vice President - Global Transaction Banking (GTB)New York, United States of AmericaCash Management Product Manager, Vice President - Global Transaction Banking (GTB)Job Profile Summary : The Cash Management product function specializes in providing corporate clients with cash management services and liquidity solutions that include : Payables and Receivables (Wires, ACH, Checks, Controlled Disbursements, and Lockbox through in-house and white label solutions)Account and Liquidity Solutions (DDA, MMDA, Investment sweeps, Time Deposits, Cash pooling, Interest Optimization, Escrow and Virtual Accounts)Channels (online banking, H2H, SWIFT)Information reporting (SWIFT, CAMT, BAI, Bank statements, Account Analysis statement)The GTB Cash Management Product Manager serves as an SME responsible for product development and commercialization of Cash Management solutions within the US.

S / he manages the complete product lifecycle from ideation, and strategy to product launch and commercialization. S / he liaises with all internal (Operations, IT, Change Management, Compliance, Risk, Legal) and external stakeholders (Clients and partner bank(s) providing white-label solutions).

Definition and execution of the cash management product development roadmap, including solution design, implementation, and servicing.

Job Description : USA Job Description : Definition and execution of the cash management product development roadmap, strategy, solution design, implementation, and servicing.

Uses knowledge of markets, competitors, industries, and clients to determine demand, enhancements, and future trends in cash / liquidity products and services.

Take ownership of ongoing business priorities and projects in cash management to develop, improve, and launch new capabilities in the Santander NY branch.

Essential Functions / Responsibilities : Serves as Product SME for cash / liquidity management services at Santander NY branch.

Manage end-to-end processes for the product life cycle from writing business requirements to launch and commercialization.

Well-versed with the industry standard, compliance, and regulations associated with cash management products and services.

Understanding of payments in the US market Wires, ACH, RTP, Controlled Disbursement, and Lockbox.Understand account and liquidity solutions DDA, MMDA, cash pooling, investment sweeps, escrow, and virtual accounts.

Develop strong relationships with key stakeholders in the first line and second line of defense : e.g., Legal, Risks, Compliance, IT, Treasury, Change Management, and Operations.

Manages the NPBA (New Product and Business Activities) process associated with all new business initiatives of cash management.

Establishes operating procedures and policies for new product launches and services in cash management.Promotes and develops working relationships with the Sales and Corporate Banking team to provide product support and bespoke solutions for the CIB client base.

Manages projects for product enhancements from conception to final implementationEvaluate new and existing product opportunities and bring forward proposals for business to optimize and expand the bank's cash management offering.

Creates product material such as procedures, user guides, customer communications, and marketing materials.Maintains a product roadmap by leveraging market analysis, competitive knowledge, and customer research.

Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education : Bachelor's Degree, or equivalent degree and / or work experience, in Business, Finance, or a related field. Work Experience : 6+ Years of Product Management, Business Development, or related experience in large and global Financial Institutions.

Skills and Abilities : SME in cash management products (payments, receivables & liquidity management) and compliance regulations.

Advanced knowledge of budget planning, risk evaluation, and product documentation.Strong computer skills - Microsoft Office (Word, PowerPoint, and Excel) and ability to quickly learn new software and or systems.

Excellent relationship management, business development, and presentation skills.Maintain and demonstrate high ethical standards and personal integrity to build credibility and trust while enhancing the organization’s reputation.

Ability to translate customer needs into marketable product features.Self-starter : forward-thinking, with a positive / can-do attitude.

Demonstrates the ability to create strategic plans and lay out a strategic course of action to drive future business growth for a specific product.

Demonstrate understanding of product development life cycle.Diversity & EEO Statements : At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.

We actively encourage everyone to apply.Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Working Conditions : Frequent minimal physical effort such as sitting, standing, and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown.

Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.Employer Rights : This job description does not list all of the job duties of the job.

You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description.

The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

Primary Location : New York, NY, Madison Ave CorpOther Locations : New York-New YorkOrganization : Banco Santander S.A.The base pay range for this position is posted below and represents the annualized salary range.

For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Salary : $117,000 - $175,000 / year