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Product Manager

Product Manager - CommSec  

  • Permanent Full Time Opportunity

  • You’re an accomplished Product Manager, driven to deliver exceptional outcomes

  • Together we’re committed to delivering outstanding customer experiences, and having a lot of fun along the way

See yourself in our team:

CommSec is Australia's leading online broker. The Product & Investing Solutions Crew is the engine that drives the end-to-end design and management of CommSec’s suite of products including Australian Share Trading, Margin Lending, International Trading, Cash and Derivatives. Be part of a team that is passionate about delivering best-in-class product solutions to empower more Australians to grow their wealth. 

We are a passionate and dynamic team that wants to re-imagine ‘what’s possible’ and make all our decisions with a customer-obsessed lens! We welcome diverse viewpoints, innovative thinking, and an eagerness to get things done.

Do the work that matters:

The Product Manager role is key to delivering customer focused outcomes for the CommSec Product & Investing Solutions Crew. You will report to the Chapter Lead for Product Management and join the Equities Core Platform Squad.  As an experienced Product Manager, you’ll be an innovative thinker and a self-starter and use your product management expertise to work with the squad and deliver best-in-class product solutions to our customers.

You will also be responsible for creating processes to ensure sound change management while acting as an SME on initiatives and changes being rolled out.

Key responsibilities will include:

  • Product Management: Monitor the marketplace, with attention to direct competitors, to assess industry trends and results in order to recommend new products or features.

  • Customer experience: drive continuous improvement in the customer experience by performing in depth reviews of complaints and breakpoints, refining product features and benefits, and optimising the digital experience.

  • Innovation & Problem Solving: Showcase a strong human centred design mindset to address customer needs, by ensuring that product solutions are resonating, user-focused and aligned with customers’ expectations. Identify and assess industry trends, customer needs, competitive offerings and emerging technologies.

  • Process improvement: evaluate and address process inefficiencies and breakpoints, creating and implementing solutions that streamline processes and enhance efficient operations and improve NPS.

  • Product Governance and Risk Management: take ownership of managing regular controls, robust product governance, identification of issues, timely escalations and swift resolution of issues with a focus on leveraging/ identifying opportunities for automation. Ensure our products meet all applicable regulatory requirements, supporting regulatory requests.

  • Data driven decision making: use product performance metrics to inform strategic decisions and adapt the product roadmap as necessary.

  • Cross functional collaboration: partner effectively with cross functional teams, including technology, finance, marketing, compliance, and distribution to ensure seamless product feature delivery.

We want to hear from you if you have:

  • 4+ years product management experience with a strategic mindset coupled with proven problem-solving skills

  • Experience in the industry, with knowledge of the regulatory and competitive landscape, particularly within the stockbroking sector (highly regarded) or​ in financial services

  • Advanced communication and presentation abilities, capable of articulating complex ideas clearly and effectively to audiences, including cross-functional teams

  • Strong stakeholder engagement and influencing skills to build relationships within and outside of the domain

  • Proven track record of understanding and enhancing the customer journey

  • Experience in delivering outcomes in an Agile environment, working in partnership with a team of engineers and technology SMEs

  • Ability to analyse and use data to inform key business decisions

  • Comfortable with navigating ambiguity and ability to work flexibly through change

  • Tertiary qualification in a Business / Commerce Degree Preferred. RG146 accreditation will be highly regarded.

  • Risk Mindset – All CommBank employees are expected to proactively identify and understand, openly discuss, and act on current and future risks.

We operate in a hybrid working environment, meaning a blend between being in the office and working remote.

If this sounds like you, apply today!

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 25/04/2025

Average salary estimate

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What You Should Know About Product Manager, CBA

Join CommSec as a Product Manager in the vibrant Sydney CBD area and take your career to new heights! We're looking for someone with a passion for delivering outstanding customer experiences and a knack for innovative product management. As the leading online broker in Australia, CommSec's Product & Investing Solutions Crew is at the forefront of crafting exceptional financial products, from Australian Share Trading to Margin Lending and Cash Management Solutions. In this role, you’ll collaborate with an energetic team committed to empowering Australians to grow their wealth. Your expertise will help drive continuous improvement in the customer experience as you monitor market trends, refine product features, and optimize digital interactions. You’ll leverage your strategic mindset and problem-solving skills to create processes that enhance product governance and risk management while ensuring compliance with regulatory requirements. With a focus on data-driven decision-making, you’ll partner with cross-functional teams to deliver impactful solutions that resonate with our users. If you have over four years of product management experience and a strong understanding of the financial services landscape, this role is perfect for you! Embrace the opportunity to work in a hybrid environment, blending office and remote work. If you’re excited about making a difference in people's financial journeys, we encourage you to apply today!

Frequently Asked Questions (FAQs) for Product Manager Role at CBA
What are the key responsibilities of a Product Manager at CommSec?

As a Product Manager at CommSec, your primary responsibilities include managing the product lifecycle, conducting market analysis, driving customer experience improvements, innovating solutions to meet customer needs, and collaborating with cross-functional teams. You will also be responsible for ensuring product governance, identifying risks, and adapting product strategies based on data-driven insights.

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What qualifications do I need to become a Product Manager at CommSec?

To be considered for the Product Manager position at CommSec, you should have at least 4 years of product management experience, particularly in the financial services or stockbroking sector. Relevant qualifications such as a Business or Commerce degree are preferred, and having RG146 accreditation will be highly regarded.

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How does CommSec ensure a customer-centric approach in product management?

CommSec is deeply committed to a customer-centric approach through the role of the Product Manager. You'll be expected to continuously improve customer experiences by analyzing feedback and complaints, refining product features, and ensuring that all product solutions resonate with customer needs and expectations.

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What tools and methodologies do Product Managers at CommSec use?

Product Managers at CommSec utilize Agile methodologies, working closely with engineering teams to deliver product features efficiently. A strong emphasis on data analytics tools helps inform product decisions and optimize the product roadmap based on performance metrics.

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What kind of work culture can I expect as a Product Manager at CommSec?

At CommSec, you can expect a vibrant and supportive work culture that values innovation and collaboration. The team prioritizes diverse viewpoints and is focused on delivering outstanding customer experiences while also promoting a fun and positive working environment.

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Common Interview Questions for Product Manager
Can you describe your experience with product management in the financial services sector?

In your response, highlight specific projects or products you have managed in the financial services sector. Discuss the strategies you used to meet customer needs and how you navigated any industry-specific challenges.

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How do you prioritize features when managing a product roadmap?

Discuss your approach to prioritization, including using customer feedback, market trends, and business goals. Emphasize how you balance stakeholder input with user needs to make informed decisions.

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

Share how you communicate and build relationships with team members across functions, emphasizing your ability to align goals and ensure everyone is on the same page. Provide an example of a successful collaboration.

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How do you handle feedback and complaints regarding a product?

Explain your process for addressing feedback, including how you analyze complaints, identify trends, and implement improvements. Highlight the importance of using feedback as a tool for continuous product enhancement.

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Can you give an example of a time you drove innovation in a product?

Provide a specific example that showcases your innovative thinking and problem-solving skills. Detail the steps you took to develop and implement the innovative solution and its impact on customer satisfaction.

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How do you ensure compliance with regulatory requirements in product management?

Discuss your familiarity with regulatory standards and your approach to product governance. Highlight your experience in implementing processes that maintain compliance while still meeting customer needs.

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What metrics do you consider when assessing a product's success?

Outline the key performance indicators (KPIs) you track, such as customer satisfaction, user engagement, and revenue generation. Talk about how these metrics guide your decision-making and product adjustments.

Join Rise to see the full answer
Describe your experience with Agile methodologies in product development.

Mention any Agile frameworks you have worked with, such as Scrum or Kanban. Discuss how implementing Agile has benefited your product management processes and the team you worked with.

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How do you adapt to changes in the market or customer needs?

Explain your approach to staying informed about market trends and customer feedback, and how you pivot strategies or product features in response. Provide an example of a time you successfully adapted to change.

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What role do data analytics play in your decision-making process?

Discuss the importance of data in guiding your product decisions. Provide examples of how you’ve used data analytics to influence product direction, optimize features, or improve customer experiences.

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DATE POSTED
April 5, 2025

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