Senior Commerial Card Account Manager job in Chicago, IL| Recruit Arrow
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Senior Commerial Card Account Manager
Location : Illinois, Chicago
Refer job # LCTR336842
Job Responsibilities and Requirements: The role holder will have direct reports, these may be other Product specialists as well as support staff. Role holders will carry out activities which will include some or all of the below: Initiating and planning the development of new products as well as implementation and delivery. Driving product and proposition development, pricing, retention, service, communication and product management across. Developing and championing existing products, ensuring that they are competitive and meet the needs of the clients Leading product and brands team across. Senior Product Managers may need to hold specific certificates or hold membership of a regulatory body. This position manages one of the following areas - Global Liquidity and Cash Management - manages payment product suite. Products include: USD Currency Clearing, Demand Drafts, Global Disbursements, and Documentary Credit Reimbursement Impact on the Business Manage the development, recommendation and implementation of programs for new and/or enhanced GLCM payment products to drive new accounts, assets and revenue, promote business growth, maintain market competitiveness, expand customer relationships, meet customer needs and maximize contribution to economic profit Develop annual strategic IT priorities and manage through the development cycle to implementation. Ensure return on investment results reconcile to business case Monitor external conditions, including markets, competition, demographics and regulations, to ensure GLCM payment products (currency clearing) meet customer needs while maintaining market competitiveness and profitability. Ensure activities comply with pertinent external regulations Leadership & Teamwork Ensure close coordination of activities with Marketing to foster a team approach in meeting product needs of customers with profitable, desirable, relationship-focused products. Make sales presentations, explain technical and processing complexities, complete Requests for Proposal and represent the Company at industry forums Develop related strategic plans for assigned GLCM products, including marketing mix, promotion, pricing, distribution and product design; develop and track sales and program performance and adjust plans as necessary to ensure program success Ensure identification of cross-sell opportunities and development and implementation of related programs Work in partnership with appropriate delivery channels to respond to requests for new or enhanced products Work effectively with global colleagues to identify and resolve common issues, and implement/monitor global GLCM Product strategies Operational Effectiveness & Control Ensure compliance, operational risk controls in accordance with regulatory standards and policies; and optimize relations with regulators by addressing any issues Maintains internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators Minimum of ten years proven and progressive financial services marketing experience or equivalent Minimum of a bachelor s degree in business, marketing, related field or equivalent experience TMA certification as required by products supported Strong managerial, planning, organizational, project management, planning, statistical, analytical, communications, presentation and lateral thinking skills Knowledge of the GLCM payment product industry, products offered and pertinent regulations affecting their delivery Knowledge of AML Compliance and regulatory issues impacting GLCM products Competency in MS Office (Excel, PowerPoint, Access, Word).
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