VP, Product Manager

People Drive Our Success

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members’ drive and optimism. Together we can make a difference in the financial future of our communities.

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General Summary

The Product Manager is responsible for the product planning and execution of consumer and commercial deposit & fee-based products throughout the product lifecycle, including gathering and prioritizing product and client requirements, defining the product vision, and working closely with IT, Sales, Marketing and Operations to ensure revenue and client satisfaction goals are met. The Product Manager's job also includes ensuring that the product supports the company's overall strategy and goals.

Essential Functions

• Define and execute assigned product strategy and roadmap.
• Own all elements around subject matter products including all service-related challenges.
• Understand all market trends, technologies and competitive offers relating to product set.
• Grow revenue contribution to Bank’s product portfolio.
• Responsible for the design, financial feasibility, and operational impact of product offerings.
• Develop product positioning and messaging that differentiates products in the market.
• Own all product deficiencies, take lead in ensuring product issues are resolved.
• Keep log of all product issues to include discovery date and issue resolution date.
• Lead idea generation for new products and product marketing.
• Develop and maintain policy language in partnership with Operations, Compliance, and Audit.
• Provide support and product training to frontline team members.
• Present to all levels within the Bank, including Executive Management.
  
  

Qualifications

Education: College degree with major in Finance, Marketing, or business-related discipline preferred, but not required.

Experience: Minimum five years of banking and product development experience is required.

• AP Integration Subject Matter Expertise
• ERP Software Integration Expertise
• MuleSoft Subject Matter Expertise
  

Skills/Ability: Excellent presentation, interpersonal, professional, good verbal, and written communication skills; strong software knowledge (Excel, Word, PPT); good analytical and research ability; organized with good prioritizing skills and have high attention to detail; good time management and able to manage multiple objectives at one time, with minimal guidance and supervision. Bilingual Chinese a plus but not required.

Other Details

$130K – $145K / year

Pay determined based on job-related knowledge, skills, experience, and location.

This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.

Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

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Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.