Product Manager
Your role
The Product Manager will be part of the Incubator Team for the Corporate Banking Program of Lloyds Bank GmbH and can be performed from our offices in Berlin or Amsterdam. The role is supporting diverse front office activities of the Corporate Banking business (CB). The focus is on Product, Client Services and Operations.
The role supports the program in developing and implementing new products as well as the already launched businesses around RCF and deposits. The role requires a proactive hands-on mentality with strong Stakeholder Management skills and product experience.
A day in the life of a Product Manager
Your day starts with reviewing recent market developments and conducting market analysis to prepare insights for management.
You then check the latest updates on the product workstream, where your role involves defining go-to-market product features in collaboration with stakeholders in Treasury, Operations and Credit Risk as well as ensuring product approval from management. You coordinate the necessary information on among others target markets, customer processes and product risks. With a clear overview, you provide an update to the Incubator Team in your weekly update meeting, discussing developments and potential blockers.
Since it’s a team day, you are in the office and take a break over lunch with colleagues from the broader Corporate Banking team, where you catch up on private conversations before getting back to work.
In the afternoon, you focus on continuous product governance topics. You conduct a Customer Fair Value Assessment and prepare the monthly report to management. To ensure accurate reporting, you align with stakeholders in Finance, Credit Risk and Sales to assess product performance. After a quick check with them, you finalize the report, preparing insightful slides and data-driven summaries with graphs for management review.
Towards the end of the days, you have a 1-to-1 session with the Commercial Banking Manager. Together, you work on the improvement of the Product Governance process. You perform a gap analysis comparing the corporate governance framework with the existing retail process for the bank. Finally, you discuss the next steps and action points to move forward in the coming days.
Your accountabilities
Product Development:
- Enable and drive the development and launch of corporate banking products, coordinating across teams in Berlin, Amsterdam and London
- Lead the planning, and execution of product related workstreams within the corporate banking program
- Coordinate and maintain comprehensive product knowledge and effectively coordinate insights among cross- functional teams to seamless collaboration
- Prepare and present comprehensive reports and updates for Senior Management and Program Management, ensuring transparency and strategic alignment
Product Operations:
- Act as the go-to expert for assigned products, providing detailed knowledge and managing product related queries
- Manage product lifecycles, ensuring smooth transition from ideation to post-launch analysis
- Implement and maintain product governance practices, ensuring alignment with industry regulations and internal standards
- Track product KPIs and customer feedback, identifying opportunities for improvement and driving continuous enhancements
- Manage and optimize E2E-processes to ensure operational efficiency
- Conduct market research and gather client insights to identify trends, guide product improvements and maintain competitive advantage
- Utilize and manage pricing tools to analyze data, identify profitable client relationships and develop attractive pricing models
- Partner with the Sales team to develop and implement effective sales strategies
You recognize yourself in this profile
Experience and knowledge:
- Bachelor’s degree in economics, business administration, finance or a related field
- 3-5 years experience in corporate banking, financial services or consulting
- Familiarity with regulatory requirements in banking and financial services
- Strong operational mindset with proven ability to optimize workflows and enhance product delivery
Skills and capabilities:
- Result driven professional with strong analytical skills and ability to turn data into strategic action
- Proactive and self-motivated individual with strong self-organization skills, driving initiatives independently
- Ability to develop strong working relationships
- Excellent communication and interpersonal skills; able to influence stakeholders at all levels
- Commercially aware with the ability to consistently produce accurate work within tight timescales
- Superior business writing and presentation skills in English, German and/or Dutch are a plus
Some highlights of our benefits for you:
- 13th month salary, either paid monthly or once a year in December
- 30 days PTO (or 240 hours) per year (based on fulltime employment)
- Non-contributory pension scheme
- Flexible working; you can schedule your work hours to meet your personal needs
Your recruitment process
Apply to our vacancies by sending your CV and motivation letter to stanley.waccary@lloydsbank.nl, or use the application form on our website. After receiving your application, we'll review it and share a reply as soon as possible.
