Clouds Talent Group is excited to be partnering with First Entertainment Credit Union on this exciting and innovative leadership opportunity. We are looking for a dynamic and impactful Vice President of Product who is responsible for identifying market opportunities that drive financial growth for the company, and be responsible for translating our members’ needs or market trends into an actionable and measurable product strategy and roadmap.
The ideal candidate will be responsible for a wide range of products and services and lead a strategic role in identifying macro-trends in product development and member needs. The VP of Product is someone who is highly analytical and uses data to make informed decisions. The individual will Influence future business strategy at the senior leadership level and has prior proven success in driving product strategy and product rollouts in a comparable environment. As the VP of Product, you will work collaboratively with cross-functional teams to develop and implement product features and go-to-market plans to support the company’s business objectives and retail strategy.
This is a full-time, hybrid opportunity reporting to the Chief Experience Officer and is based in Hollywood, CA.
Responsibilities
- Oversee management of a wide range of product lines, such as deposits, consumer loans, mortgage loans, credit cards as well and their respective business teams.
- Conduct market research and analysis to identify trends and opportunities in the financial space and make educated decisions or recommendations for product development and marketing strategies.
- Be accountable for product development, launch, execution of the go-to-market strategies, and member success as measured by realized business outcomes.
- Understand our members’ pain points and needs and use data-driven methods to make informed product decisions or recommendations.
- Use data and trends to make educated decisions on existing products and services, such as pricing, product decommissioning, timing and so on.
- Establish a shared product vision across the company by influencing and building consensus across functions, and other key stakeholders.
- Collaborate with key players across the organization, communicate product vision and requirements and serve as an advocate and resource for new products and services.
- Develop, implement and continuously refine best practices, continuing education to improve product lifecycle management efficiency and effectiveness.
- Manage employee life cycle, including recruiting, learning & development, feedback and coaching, as well as personnel decisions.
- Responsible for optimizing revenue streams, driving member acquisition, and maximizing members lifetime value.
- Perform other duties or projects as assigned.
Qualifications
- A 4-year college degree from an accredited college with a major in marketing, business or similar is preferred. A MBA degree is an A plus.
- A commendable business acumen and the ability to communicate to stakeholders and audience of all levels.
- Demonstrated track record of managing and launching successful products in a similar space or industry.
- A minimum of 7 years of work-related experience in a full-service financial institution or experience in a related position in a related field. Prefer at least 5 years managerial experience.
- 7+ years of relevant and progressive experience in strategy, business development, or product.
- In-depth knowledge of Credit Union products and services, procedures and guidelines, and field of membership requirements.
- Exceptional leadership skills and the ability to manage teams in various work arrangements.
- Thorough knowledge of regulations applicable to essential responsibilities. Ability to read, speak and write clearly to convey information effectively.
- Effective communication skills across all levels of audience.
- Knowledge of how to use a personal computer and MS Office products on a daily basis (Word, Excel, Outlook), and Symitar for Windows (Episys).
Company Profile
Named one of the top 10 Credit Union in California by Forbes, First Entertainment Credit Union has been the financial ally since 1967 for the creators of entertainment and those who support them. With more than 2.1 billion in assets and over 90,000 members, we are constantly looking for talents to help us build a high trust, high performance and workplace of choice culture while growing our business. As a teammate, you will enjoy an inclusive workplace culture and an employer-of-choice environment. At First Entertainment Credit Union we believe Your Story Matters and that includes our members, employees, community, and those interested in joining our growing team.
Compensation
An outstanding and competitive compensation package will be offered to the candidate selected for this role.
