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Senior Digital Product Manager - Wealth Management

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 


Compensation Range

Annual Salary: $102,500.00 - $121,000.00 (Amount based on relevant experience, skills, and competencies.)

For more than a century, Commerce Trust has been a leading provider of wealth management services including financial planning, estate and tax planning, investment management, private banking and trust administration services. Our approach to wealth management means assembling a team of seasoned wealth management professionals across disciplines who collaborate to ensure each client’s financial journey is uniquely crafted for their goals. Commerce Trust is a division of Commerce Bank.

About This Job

The main purpose of this job is to drive the decisioning, planning, execution and communication of the Digital Program and ensure the competitiveness of existing and evaluation of new products and systems within Commerce Trust (CT).  The Commerce Trust Digital Program covers complex, integrated, and enterprise reaching solutions and features.

Essential Functions

  • Partner with business line leaders to define, lead and influence the execution of CT Digital strategic business initiatives

  • Lead and influence strategic initiatives to ensure competitiveness of existing and evaluate new products, systems, and features

  • Independently create digital vision and timeline for implementation of identified features and deliverables

  • Create and confidently deliver the digital roadmap vision and status to senior leadership and front office teams

  • Make recommendations to business line leadership in concert with the strategic direction

  • Lead vendor analysis efforts and provide input to product marketing plans

  • Independently lead the relationship with vendors and other technology partners in the execution of the strategic plan

  • Prepare business cases for new products and drive prioritization of initiatives

  • Primary decision-maker for all teams participating in execution efforts

  • Primary consultant in the creation of product training and transition product support to the individuals responsible for the general day-to-day support of the product

  • Perform other duties as assigned

Knowledge, Skills & Abilities Required

  • Intermediate knowledge and understanding of product infrastructure and applicable legal and/or regulatory rules

  • Intermediate knowledge and experience of Product management

  • Intermediate knowledge and experience in Program management

  • Excellent relationship management skills

  • Demonstrated ability to resolve problems and identify and drive process improvements

  • Demonstrated ability to set goals, monitor and drive results

  • Demonstrated ability to autonomously work and lead multiple priority projects

  • Proven track record in coaching, mentoring, and training

  • Proven track record in building and leading projects of a wide variety of disciplines and backgrounds

  • Demonstrated strong business acumen and the ability to make timely and sound business decisions

  • Motivated and organized self-starter with strong attention to detail

  • Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

  • Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

  • Intermediate knowledge of Microsoft Excel, Word and Outlook

Education & Experience

  • Bachelor’s degree in Business or equivalent combination of education and experience required

  • 5+ years product or program management or related experience required

  • 2+ years experience with digital products and systems preferred

  • 2+ years experience leading a cross-functional team preferred

  • Experience in finance or investment management industry preferred

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Senior Digital Product Manager job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $102,500 to $121,000 annually.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

Location: 922 Walnut, Kansas City, Missouri 64106

Time Type:

Full time

Average salary estimate

$111750 / YEARLY (est.)
min
max
$102500K
$121000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Digital Product Manager - Wealth Management, Commerce Bank

Are you ready to take your career to the next level? As a Senior Digital Product Manager at Commerce Trust in Kansas City, Missouri, you’ll play a vital role in shaping financial futures while being part of a collaborative team that prioritizes innovation and client satisfaction. In this exciting position, you'll drive the decision-making, planning, and execution of our Digital Program, ensuring that our products are competitive and meet our clients' unique financial needs. You’ll have the opportunity to partner with business leaders, lead strategic initiatives, and independently create a digital vision and roadmap that aligns with our overall business goals. Your expertise will be impactful as you work on complex, integrated solutions and features that span the enterprise. We pride ourselves on our award-winning culture, where your professional growth is supported, and where you can influence the financial success of our clients. Our compensation range, based on experience and expertise, averages between $102,500.00 and $121,000.00 annually. If you're looking for a role that offers meaningful challenges, a supportive work environment, and opportunities to innovate in wealth management, then this is the perfect opportunity for you at Commerce Trust!

Frequently Asked Questions (FAQs) for Senior Digital Product Manager - Wealth Management Role at Commerce Bank
What are the responsibilities of a Senior Digital Product Manager at Commerce Trust?

As a Senior Digital Product Manager at Commerce Trust, your main responsibilities include defining and leading the execution of digital strategic initiatives, creating a digital roadmap, engaging with vendors, and preparing business cases for new products. You’ll also work closely with business line leaders to ensure that our offerings remain competitive in the wealth management space.

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What qualifications do I need for the Senior Digital Product Manager role at Commerce Trust?

To qualify for the Senior Digital Product Manager position at Commerce Trust, candidates need a Bachelor’s degree in Business or a related field. A minimum of 5 years in product or program management experience is required, alongside knowledge of digital products and systems. Leadership experience in cross-functional teams and a background in finance or investment management are preferred.

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What skills are essential for a Senior Digital Product Manager at Commerce Trust?

Essential skills for a Senior Digital Product Manager at Commerce Trust include strong relationship management, problem-solving abilities, and proven project management capabilities. Candidates must demonstrate excellent communication skills, the ability to work autonomously, and a keen understanding of product infrastructure and regulatory rules.

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What is the work culture like at Commerce Trust for a Senior Digital Product Manager?

The work culture at Commerce Trust for a Senior Digital Product Manager emphasizes collaboration, innovation, and personal growth. The company invests in its people, providing opportunities for learning and professional development while ensuring a supportive environment that prioritizes well-being and employee satisfaction.

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What opportunities for advancement exist for the Senior Digital Product Manager at Commerce Trust?

As a Senior Digital Product Manager at Commerce Trust, advancement opportunities are abundant. You will have the chance to take on leadership roles, engage with various business lines, and further develop your skills in product management and strategic planning, setting the stage for career growth within the organization.

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Common Interview Questions for Senior Digital Product Manager - Wealth Management
Can you describe your experience with product management?

When answering this, focus on specific roles you’ve held, the products you managed, and your contributions to their success. Highlight your approach to developing product roadmaps and how you've collaborated with cross-functional teams to deliver results.

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How do you prioritize features for a digital product roadmap?

Discuss your criteria for prioritization, such as stakeholder impact, client feedback, market trends, and alignment with strategic goals. Providing examples where you successfully managed competing priorities can strengthen your response.

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What is your process for gathering user requirements?

Emphasize your use of various techniques such as user interviews, surveys, and usability testing. Share how you translate those requirements into actionable tasks for your team.

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How do you handle conflicts within your team?

Provide a specific example demonstrating your problem-solving and mediation skills. Focus on how you aim for a resolution that aligns with team goals while also valuing each member's input.

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What tools do you use for product management and why?

Mention any specific tools you have experience with, such as Jira, Trello, or Asana, and explain how they help streamline project workflows, improve collaboration, and enhance communication across teams.

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How do you ensure stakeholders remain informed throughout the product lifecycle?

Talk about your strategies for communication, such as regular update meetings, status reports, and dashboards that provide real-time insights into project progress and any adjustments needed.

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Describe a time when a product you managed did not meet expectations.

Be honest about the challenge, but focus on the lessons learned and the actions you took to improve future projects. This will demonstrate your resilience and commitment to growth.

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How do you assess the success of a product once launched?

Outline your method for measuring success, such as analyzing key performance indicators (KPIs), user engagement metrics, and feedback channels. Discuss how you use this data to inform future product iterations.

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What is your approach to working with cross-functional teams?

Emphasize your collaborative nature and provide examples of how you foster open communication and teamwork when working with developers, marketers, and sales teams to ensure everyone is aligned.

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How do trends in the financial industry influence your product decisions?

Discuss your commitment to staying informed about market trends and regulatory changes, and how you leverage that knowledge to make informed decisions and keep your products relevant in a competitive landscape.

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Commerce Bank will be the preferred provider of targeted financial service in our communities based on strong customer relationships. We will strengthen these relationships by providing the right solutions that combine our technology, experience a...

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