Senior Director Product Management Savings
Ally Financial, WorkFromHome, NC, United States
Overview
The Senior Director, Deposits & Savings Product, is responsible for defining and delivering the strategy, performance, and long-term evolution of the bank’s digital savings portfolio. This leader will align product strategy within the broader Consumer Bank vision, driving product enhancements and value propositions, delivering sustainable growth, and generating tangible business outcomes. This role requires deep expertise in deposit product fundamentals, strong business and financial acumen, and the ability to translate strategy into measurable outcomes. The Senior Director will serve as a thought leader across the organization, involving cross-functional teams to deliver impactful, customer-centered solutions that materially improve business results.
Work location: Charlotte, NC; in-office role with hybrid schedule. Ally designates roles as on-site, hybrid, or fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by the manager. Your hiring manager will discuss this role\'s specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. Ally will not sponsor a new applicant for employment authorization for this position.
Note: This posting may include information about on-site requirements and other relevant employment terms. Work location and schedule are subject to change based on business need.
The Work Itself
Product Strategy & Leadership- Define and lead the Savings Product Strategy, clearly articulate the vision, priorities, and success measures across the organization.
- Align cross-functional partners—including channel, technology, digital, marketing, sales, service, and operations—around shared business objectives.
- Establish the strategic direction and multi-year roadmap for savings products, including current state, target state, and key capability development.
- Ensure product strategies align with bank strategy, customer needs, and competitive dynamics.
- Own overall performance of the savings portfolio, including P&L results, product economics, growth, and customer outcomes.
- Translate financial plans into actionable product initiatives and measurable KPIs.
- Provide clear performance insights, diagnostics, and recommendations to senior leadership.
- Continuous improvement across acquisition, engagement, retention, and customer satisfaction.
- Define target customer segments and ensure product solutions meet evolving customer needs.
- Lead competitive analysis and market assessment to inform strategic decisions.
- Champion customer experience improvements across the savings lifecycle.
- Oversee day-to-day portfolio operations while maintaining focus on long-term strategic priorities.
- Maintain an integrated execution plan linking strategy, roadmap, and delivery milestones.
- Establish disciplined performance measurement and routines.
- Maintain a robust pipeline of product concepts and innovation opportunities.
- Partner closely with payments and transaction product teams (e.g., checking, debit) to deliver a seamless deposits experience across the consumer banking ecosystem (including Invest).
- Ensure business partners understand product value drivers, objectives, and performance expectations.
The Skills You Bring
Minimum Qualifications- 12+ years of relevant experience
- Bachelor's degree in relevant field of study or equivalent
- 10+ years of Deposit Product experience (preferred), or depth of experience in Product Management (preferably a focus on retail banking products and or Savings solutions), and deep experience with core product management functions
- Deep understanding of product operations, servicing and multi-channel customer experience
- Knowledge and experience dealing with key regulatory (Legal, Risk & Compliance) aspects of Deposit products
- Previous experience with product P&L, and owning key business outcomes
- Financial acumen, able to quickly articulate financial drivers of the business, identify and optimize levers to drive & optimize business economics and profitability
- Previous experience with human centered design principles & practices as well as practical experience with rapid concept development in an Agile environment
- Depth of knowledge in consumer behaviors, digital trends, including key customer and competitor dynamics
- Quantitative analytical skills to drive performance measurement & analysis, understand customer behaviors and usage, develop forward looking trends, and assess product level impact
- Highly innovative with demonstrable success in business development and growth
- Strategic thought leadership with strong critical thinking and problem-solving skills
- Able to manage internal and external partners, addressing priorities and requirements of various stakeholders
- An effective communicator, at all levels, and across all stakeholders
- Strong partnership focus, effective with indirect leadership of all levels, proven ability to work well with broad array of teams and organizations
- Proven experience leading diverse teams including remote, able to define a vision, mobilize teams and engender followership, fostering collaboration
How We\'ll Have Your Back
All Ally compensation programs offer market-competitive base pay and pay-for-performance incentives based on achieving personal and company goals. Our Total Rewards program includes compensation and benefits designed to meet your needs and those of your family, including:
- Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
- Planning for the Future: 401K retirement savings plan with matching and company contributions, student loan pay down and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and access to financial learning center and financial coach.
- Supporting your Health & Well-being: Flexible health and insurance options including medical, dental and vision, life insurance, disability coverage, Health Savings Account with employer contributions, Healthcare FSA, and related well-being programs.
- Building a Family: Adoption, surrogacy and fertility assistance, paid parental and caregiver leave, Dependent Day Care FSA and childcare discounts.
- Work-Life Integration: Mental health resources, Employee Assistance Program, and additional discounts.
- Other compensations: Travel allowances, relocation assistance, signing bonus and/or equity where applicable.
- To view more detailed information about Ally’s Total Rewards, please visit the Total Rewards snapshot PDF.
Who We Are:
Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are focused on delivering value and being a trusted financial-services provider for our customers. For more information, visit
Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law. We are committed to providing reasonable accommodation to applicants with disabilities. For accommodation requests, email Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
Base Pay Range: $ - $ USD. An individual's position in the range is determined by the role, scope, experience, and other qualifications. Incentive compensation is available through the annual incentive plan.
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