Regions Financial Corporation
Consumer Product Pricing Manager
Regions Financial Corporation, Birmingham, Alabama, United States, 35275
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
At Regions, the Product Manager assists in the development, execution, and tracking of marketing or business segments programs for a product or product line by collecting, analyzing, and reporting marketing and sales performance data.
Primary Responsibilities
Participates and provides input on promotional, marketing, and communication programs for all specified products and services as well as produce standard management reporting
Researches and compiles business and industry competitive data to analyze and develop tactics to achieve strategic goals
Prepares and/or provides support in the preparation and delivery of training and sales tools
Acts as a subject matter expert, point of contact, and lead of special projects pertaining to specified products and services
Understands industry research around customer behaviors, new product offerings, new providers, and regulatory impacts while keeping business unit and product development heads informed
Assists in vendor relationship management including responding and sending requests, managing risks, and ensuring compliance adherence
Ensures risk management throughout the life cycle of each product, ensuring proper risk controls and monitoring, and compliance with regulatory risk and operational risk
Develops products and enhances services to remain competitive in the marketplace while ensuring adherence to all of Regions’ compliance and regulatory standard
May participate in new product development and provide geography support as necessary
May collaborate with sales teams to identify and implement sales tactics as well as partner with cross-functional teams to execute strategies
May recommend marketing strategies including advertising, packaging, pricing, expense budgets, profit plans, and future product development
Assists with moderately complex projects
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
Bachelor's degree
Five (5)years of experience in product development/management, market research, or directly related experience
Preferences
Experience within the financial industry or with a banking institution
Product Management Experience
Skills and Competencies
Ability to analyze results and financial analysis
Attention to detail
Good organization and project management skills
Proficiency in Microsoft Office including Word, PowerPoint, Excel, and Access
Proven ability of leading and influencing cross functional teams
Strong written and verbal communication skills
Additional Job Description:
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
Compensation Details Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $88,133.10 USD 50th Percentile: $112,530.00 USD Incentive Pay Plans: This job may participate in an annual discretionary bonus plan. Location: Birmingham, Alabama Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
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At Regions, the Product Manager assists in the development, execution, and tracking of marketing or business segments programs for a product or product line by collecting, analyzing, and reporting marketing and sales performance data.
Primary Responsibilities
Participates and provides input on promotional, marketing, and communication programs for all specified products and services as well as produce standard management reporting
Researches and compiles business and industry competitive data to analyze and develop tactics to achieve strategic goals
Prepares and/or provides support in the preparation and delivery of training and sales tools
Acts as a subject matter expert, point of contact, and lead of special projects pertaining to specified products and services
Understands industry research around customer behaviors, new product offerings, new providers, and regulatory impacts while keeping business unit and product development heads informed
Assists in vendor relationship management including responding and sending requests, managing risks, and ensuring compliance adherence
Ensures risk management throughout the life cycle of each product, ensuring proper risk controls and monitoring, and compliance with regulatory risk and operational risk
Develops products and enhances services to remain competitive in the marketplace while ensuring adherence to all of Regions’ compliance and regulatory standard
May participate in new product development and provide geography support as necessary
May collaborate with sales teams to identify and implement sales tactics as well as partner with cross-functional teams to execute strategies
May recommend marketing strategies including advertising, packaging, pricing, expense budgets, profit plans, and future product development
Assists with moderately complex projects
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
Bachelor's degree
Five (5)years of experience in product development/management, market research, or directly related experience
Preferences
Experience within the financial industry or with a banking institution
Product Management Experience
Skills and Competencies
Ability to analyze results and financial analysis
Attention to detail
Good organization and project management skills
Proficiency in Microsoft Office including Word, PowerPoint, Excel, and Access
Proven ability of leading and influencing cross functional teams
Strong written and verbal communication skills
Additional Job Description:
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
Compensation Details Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $88,133.10 USD 50th Percentile: $112,530.00 USD Incentive Pay Plans: This job may participate in an annual discretionary bonus plan. Location: Birmingham, Alabama Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
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