VP Product Management, Bank Deposit Products

This role will lead the Ameriprise Bank Deposit Products group. Ameriprise Bank is a fully digital bank that launched in 2019. It is a fast-growing start-up within Ameriprise Financial. We are seeking a strong and experienced banking industry leader to independently lead deposit products.

In this role, you will lead complex product development projects and initiatives and be responsible for the successful launch and marketing of new products. Scope of development includes product features, service, sales, vendor relationships, marketing materials, processes, policies, and procedures. You will also be responsible for representing the deposit product group in the business and with key business partners.

This role may be located in Charlotte, NC or Minneapolis, MN.

Key Responsibilities:

• Ability to independently lead large scale cross-functional product development projects and drive results
• Operate at both strategic and tactical levels to lead and execute details of product development and implementation of bank deposit products
• Provide leadership and subject matter expertise on banking regulatory/compliance rules and ensure products meet all requirements
• Lead across the organization to communicate and promote bank deposit products. Resolve complex advisor/client issues
• Knowledgeable on the competitive environment for bank deposit products and as inputs to product development recommendations
• Collaborate with Ameriprise Financial Cash Products leader and executive leadership

Required Qualifications:

• 10+ years' experience in the banking industry
• 5+ years' people leadership experience
• Bachelor’s degree

Preferred Qualifications:

• 5+ years' bank deposit product experience strongly preferred
• Ability to independently lead and execute large product development and implementation projects
• Very strong project management skills and high attention to detail
• Bank product development and management experience for checking accounts and savings accounts
• Ability to read and understand bank regulatory standards and ensure product meets all standards
• Demonstrated track record of successful collaboration at a leadership level in a highly matrixed organization
• Ability to make connections across disparate information sources to drive effective decision-making
• Strong collaboration, negotiation and influencing skills
• Experience working cross functionally with technology, operations, compliance, legal, sales and marketing to develop and launch products, and drive balance growth to meet annual targets
• Proven track record of driving results in a fast-paced, complex organization

About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

The estimated base salary for this role is $171,700 - $231,800 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full time

Exempt

Marketing/Product Management

BANK Bank