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Sr TM Product Manager – International

Make banking a Fifth Third better®

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

We are potentially open to remote for the right candidate.

GENERAL FUNCTION:

Key position responsible for Bancorp product sales growth and continued development and enhancement of commercial payment products. Responsible for product financial management inclusive of revenue forecasting, margin analysis and pricing strategy. Continued management and support of existing products, new product development, in-depth knowledge of products, and support of sales initiatives through product training and joint customer calls. Development of customer education and customer focus programs for new and existing product initiatives. Perform role of liaison between several areas of the bank, including Sales, Operations, IT, Legal, Audit, Legal, and Risk. Identification of risk associated with product lines and contribution to process development and management to minimize risk. Support of delivery by contributing to the definition of quality control standards and work process procedures. Works under minimal supervision. Rarely requires feedback or guidance on Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Drive Bancorp Sales for Product(s) within the Commercial Payments Product Line.
  • Cross-trained in all functions within group.
  • Increase Bancorp product sales and revenue growth year over year.
  • From time to time participate in Client/Prospect calls.
  • Implement and track Product Blitz/Campaigns.
  • Perform business forecasting and modeling.
  • Generate qualified lead list (cross-sell, new prospects, etc.)
  • Subject Matter Expert (SME) for all Products within the Product Group Team.
  • Track sales and revenue growth.
  • Conduct client seminars.
  • Product development and enhancement.
  • Develop strategy plan and product plan to meet revenue and market share goals.
  • Identify and prioritize product development opportunities.
  • Deploy products to market w/in time frame and budget established.
  • Provide product/sales consultative role on projects.
  • Product introduction to market.
  • Vendor selection and relations; contract negotiations (Business partners DP & Ops).
  • Market research and analysis.
  • Maintain and enhance knowledge, current and evolving concepts, practices, processes, laws/regulations, and technologies in financial management.
  • Conduct market segment studies - product development Understand and analyze competition in all Affiliate Markets.
  • Perform market forecasting.
  • Understand Buying Habits and Characteristics of Clients.
  • Peer Group Analysis and Discussions.
  • User Group Participation and Leadership.
  • Attend User and Vendor Conferences.
  • Internal Communication w/Affiliates.
  • Product Announcements.
  • Sales Forums and Roundtable Discussions.
  • Development and distribution of sales tools, product agreements, quality surveys.
  • Set market delivery expectation of quality and timeliness factors. Establish agreed upon quality indicators with Operations for product delivery.
  • Monitor product performance against established quality factors.
  • Follow-up on progress of resolution for quality service issues

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Undergraduate degree in business or finance required.
  • MBA or advanced degree preferred.
  • 7-10 years' experience in Commercial Card Product Development, Sales or Operations.
  • 7-10 years' experience in Product Management with an emphasis on sales, delivery of products to market and profitability management
  • Strong preference for previous Wire, International, or SWIFT experience. 
  • Experience working in matrix management and multi-site environments.
  • Collaboration and relationship management skills required.
  • Knowledge/experience with designated product(s) assigned.
  • Understanding of current industry trends and issues as they relate to the designated product line assigned.
  • Understanding of risks, compliance, and regulatory factors. 
  • Priority management and time management skills.
  • Extensive experience/ability to influence and negotiate with individuals outside span of control.
  • Excellent interpersonal, written and verbal skills as individual interfaces with all levels of management.
  • Strong analytical, financial and strategic skills.

Sr TM Product Manager – International

LOCATION -- Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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Average salary estimate

$115000 / YEARLY (est.)
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$100000K
$130000K

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 Sr TM Product Manager – International, Fifth Third

At Fifth Third Bank, we're on a mission to make banking a Fifth Third better® and that starts with our people. We’re currently seeking a Sr TM Product Manager – International who is ready to take the next step in their career right here in Cincinnati, OH. This is an exciting opportunity for someone who can focus on growing our Bancorp product sales and enhancing our commercial payment products. You will be at the heart of our product financial management, diving into revenue forecasting, margin analysis, and pricing strategies. As a key player in our team, you'll also manage existing product lines while developing new and innovative offerings. With your strong background in commercial card product development, you’ll be the go-to Subject Matter Expert, responsible for training sales teams and engaging in customer research. You'll collaborate across multiple departments including Sales, Operations, IT, and Legal, ensuring that risk is managed effectively while delivering a top-notch customer experience. You’ll have the autonomy to strategize and implement campaigns that boost product sales yearly, conduct client seminars, and track market performance. We value initiative and creativity, so this role will allow you to bring your vision for customer education and product understanding to life. While minimal supervision is expected, your commitment to doing right by our clients and colleagues will shine through. If you’re ready to embrace this impactful role at Fifth Third Bank, we'd love to hear from you!

Frequently Asked Questions (FAQs) for Sr TM Product Manager – International Role at Fifth Third
What are the responsibilities of a Sr TM Product Manager – International at Fifth Third Bank?

As a Sr TM Product Manager – International at Fifth Third Bank, you will be responsible for driving Bancorp product sales growth, developing and enhancing commercial payment products, and managing product financials including revenue forecasting and pricing strategy. Additionally, you'll support sales initiatives through product training, identify risks associated with product lines, and engage in market research to continually improve product offerings.

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What qualifications are required for the Sr TM Product Manager – International role at Fifth Third Bank?

To qualify for the Sr TM Product Manager – International position at Fifth Third Bank, candidates should possess an undergraduate degree in business or finance, with an MBA highly preferred. You'll need a strong background with 7-10 years in Commercial Card Product Development, Sales, or Operations, along with proven experience in product management, emphasizing sales, delivery to market, and financial management.

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What kind of experience is preferred for the Sr TM Product Manager – International position at Fifth Third Bank?

Fifth Third Bank prefers candidates for the Sr TM Product Manager – International position to have substantial experience specifically in wire, international, or SWIFT environments. Experience working within matrix management and multi-site operations is also highly valued, as is a strong ability to collaborate and build relationships across various departments.

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What skills are essential for success as a Sr TM Product Manager – International at Fifth Third Bank?

Successful candidates for the Sr TM Product Manager – International role at Fifth Third Bank should demonstrate strong analytical, financial, and strategic skills. Excellent interpersonal and communication abilities are crucial, as the role involves interfacing with all levels of management. The ability to manage priorities effectively and influence others without direct control is also important.

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What does the work environment look like for a Sr TM Product Manager – International at Fifth Third Bank?

The work environment for a Sr TM Product Manager – International at Fifth Third Bank is dynamic and collaborative. You will work closely with teams across Sales, Operations, IT, and more, often engaging in remote communication, especially for the right candidate. The focus is on quality delivery and managing risks while fostering an inclusive culture where every employee's voice is heard.

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Common Interview Questions for Sr TM Product Manager – International
Can you explain your experience with product development in international markets?

When answering this question, be ready to share specific examples of your previous roles involving product development for international markets. Discuss any frameworks or strategies you used to understand different market needs and how you adapted your products accordingly. Highlight any successes or challenges you faced, making sure to emphasize your analytical and strategic thinking.

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What strategies do you employ to forecast revenue effectively?

In response to this question, detail the specific methodologies you've used for revenue forecasting. You might mention techniques like historical data analysis, market trend evaluation, and customer behavior prediction. Be prepared to walk the interviewer through a successful forecasting project, explaining how the results informed decision-making and product planning.

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How do you prioritize product development opportunities?

When discussing prioritization, explain your criteria for evaluating potential product developments. Talk about how you consider market demand, alignment with company goals, available resources, and potential return on investment. Illustrating your thought process with a relevant example will help convey your structured approach.

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Describe a time you identified a risk in a product line and how you addressed it.

Use this opportunity to showcase your problem-solving skills. Start by outlining the specific risk you identified, whether related to compliance, market changes, or product performance. Discuss the steps you took to mitigate this risk and the outcomes of your actions, focusing on how it ultimately benefited the company.

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What methods do you use for effective product training and team engagement?

To answer this question, emphasize your experience in developing and delivering training programs. Discuss the importance of engaging team members by using a variety of training methods like hands-on workshops, role-playing scenarios, and ongoing support. Providing examples of successful training sessions you led will add credibility to your response.

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How do you stay updated on industry trends and regulations?

Highlight your commitment to continuous learning in this answer. Talk about the resources you utilize, such as industry publications, webinars, networking events, and professional organizations. Discuss any specific trends or regulations you proactively researched, explaining how that knowledge impacted your product strategies.

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What role does customer feedback play in your product management process?

Here, emphasize the value of customer feedback as an essential component of the product management lifecycle. Discuss how you gather and analyze feedback through various channels and how that information informs product enhancements. Providing an example where customer input led to a successful change will strengthen your answer.

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Can you describe a successful campaign you launched for a new product?

When discussing a successful campaign, be clear about the campaign objectives, your role, and the strategies employed. Outline the steps taken from concept to execution, emphasizing metrics that demonstrate campaign success, such as increased sales or positive market reception.

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How do you ensure cross-department collaboration in your projects?

Express your understanding of the importance of cross-department collaboration for success in product management. Discuss strategies such as regular meetings, collaborative tools, and clear communication channels that you implement to foster cooperation among teams. Providing an example of a project where successful collaboration was key will make your answer compelling.

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What challenges have you faced in product management and how did you overcome them?

Prepare to discuss specific challenges you've encountered, whether they involved market competition, internal alignment, or product performance issues. Focus on your strategic approach to overcoming these hurdles, emphasizing your adaptability and problem-solving skills to illustrate your capabilities.

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At Fifth Third Bank, we’re working hard to make banking a Fifth Third better. Which, according to the laws of mathematics, 5/3 equals 166.7%. That’s a whole lot of percents. Learn more at http://go.53.com/better

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DATE POSTED
April 12, 2025

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