Senior Product Manager, Growth Business

Posted 14 Days Ago
Be an Early Applicant
Toronto, ON
Hybrid
5-7 Years Experience
Fintech • Payments • Financial Services
The Role
Lead the evaluation and execution of growth initiatives, new products, and product iterations in the financial services industry. Work with cross-functional teams to identify and execute growth strategies, enhance customer experience, and drive efficiency. Responsible for portfolio value, sales force effectiveness, customer experience, and continuous improvement of products. Negotiate with external organizations, maintain reports, and communicate with staff and partners.
Summary Generated by Built In

Purpose of the role


The Product Manager will lead in the evaluation and execution of growth initiatives, including, new products and product iterations / extensions. The Product Manager will work with the credit, underwriting, technology, compliance, and legal, marketing and distribution teams to identify and execute on growth strategies. Specifically, the Product Manager will work with the business to identify and execute on opportunities to enhance the client / advisor / broker experience, improve processes related to credit, fulfillment and servicing including driving efficiency and impact the overall customer experience to create loyalty and advocacy for EQB. This individual will work closely with key systems including Genesis, MyEquitable, EQConnect, PPLUS, etc. 


The Product Manager, Growth Business will be responsible for leading all initiatives related to the Growth business from discovery including research to requirement definition. The individual will be required to work with other Lending PODs to ensure that the priorities for the Growth Business are achieved.

Key outcomes for this role are:

  • Portfolio value including improvements to originations and launching new products to deliver growth
  • Sales force effectiveness including growing submitted volumes and total customers for all Lending products
  • Broker / advisor / customer experience including CSAT and NPS
  • Broker and customer growth and loyalty Cycle times
  • Cost per a loan
  • Continuous improvement to the Growth Businesses products and related digital assets used within the business

Main responsibilities

  • Become product and industry expert, identify new products and product enhancements to round out the product suite. Lead discovery, business casing, and execution in order to bring the products to market in a timely manner.
  • Negotiate with external organizations, including insurers and Managing general agencies in order to expand EQB’s partner institutions and approved carriers.
  • On a daily basis, create and maintain various reports which will assist with the management of efficiency
  • On a daily basis, communicate with staff members to ensure company goals and objectives are understood and achieved. Communicate with external contacts and business partners to strengthen and promote the Equitable Bank brand in the marketplace

Let's talk about you

  • Have a post-secondary degree preferably in a financial field
  • Have at least 5+ years of Product Management experience in the financial services industry
  • Have 2+ year of highly preferred lending experienced  
  • Have 2+ years of highly preferred Anti-Money Laundering (AML) knowledge & Anti-Terrorist Financing (ATL) practices
  • Strong leadership and coaching skills
  • Established and meticulous organizational skills
  • Sound multi-tasking skills and excellent attention to detail
  • Autonomous ability to make decisions under pressure
  • Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner
  • Excellent time management, analytical and problem solving skills
  • Committed to providing superb customer service
  • Demonstrated ability to use MS Office (MS Word and Excel)
  • Sound knowledge of mortgage lendin
  • Proven ability to thrive and perform well in a constantly changing, high volume and high intensity environmen
  • Elevated knowledge of fraud risk in the mortgage industry
  • Fluency in French considered an asset
The Company
Toronto, Ontario
1,529 Employees
On-site Workplace
Year Founded: 1970

What We Do

MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management

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