TD Bank VP, Head of Point-of-Sale Installment Lending & Buy Now, Pay Later in Wilmington, Delaware
VP, Head of Point-of-Sale Installment Lending & Buy Now, Pay Later
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .
Auto req ID:
TD Bank's Credit Cards and Unsecured Lending organization offers consumer credit in three areas: TD-branded credit cards and personal loans; retail sales financing programs through TD Retail Card Services; and co-branded and private label card partnerships. Our credit cards are distributed through our East Coast retail store network and nationally through hundreds of partnership programs with retailers and other third-party organizations.
Provides vision, leadership and strategic guidance in developing and implementing Company products, services and programs including features, benefits and characteristics that meet customer needs and are priced to meet Company and shareholder objectives
Acts as the expert on the market and its problems. Maintains vigilance gathering industry expert opinions and qualitative market data for different market segments
Manages the product development budget of the Company
Determines the optimal allocation of overall budget to ensure objectives can be achieved
Ensures maximum profitability via management of risk levels authorizes risk policy changes as appropriate
Ensures effective ways to deliver complete solutions to identify market problems and ensures gaps are identified and filled
Reviews and approves business and expense plans and tracks success and effectiveness of product development delivery and implementation
Develops and manages the product development calendar and oversees the successful and seamless execution of deliverables
Manages the identification of competitive offerings in the market and their strengths and weaknesses
Prioritizes the presence and relative importance of key product deliverables
Determines the methodology to quantify market analysis to look at internal measurements and product performance to determine how the product impacts the Company operations including product life cycle, quality, technical support, marketing programs and sales support
Oversees the creation of product roadmaps to illustrate the vision for the product
Plans product solutions that describe the ideal or stereotypical users that represent the programming targets
Ensures the creation of scenarios to describe market problems and illustrate why product features/requirements are necessary
Develops marketing programs to move buyers through the buying process
Directs market research projects and recommends methods for growing existing markets and developing opportunities for customer products and services
Consults and advises top management on the marketing initiatives related to major Company activities
Studies, analyzes and reports on quality of service, customer attitudes, economic conditions and government controls with respect to their effect on sales of existing or proposed products and services
Collaborates with business lines in establishing new services and products
Demonstrates effectiveness in creating and using conceptual frameworks to structure the develop insights into the consumer; as a result, demonstrates a high level of analytical rigor in formulation of product insights
Ensures all products are in compliance and meet all regulatory requirements
- Must be eligible for employment under regulatory standards applicable to the position.
standard office hours
This Product Group Manager is responsible for development and management of Point-of-Sale Loan Programs including Installment loans and other Buy Now Pay Later offerings for our Unsecured Lending team.
The Product Group Manager I is responsible for managing the profit and loss of the business line and meeting revenue targets including volumes, margin, fee income and expenses where applicable.
• Develop and manage Retail financing programs including point-of-sale installment loans and other Buy Now Pay Later programs/capabilities.
• Assess the evolving landscape of the point-of-sale lending marketplace, including emerging products and competitors, and create products and strategies that will ensure company achieves growth objectives.
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Bachelors degree or progressive work experience in addition to experience below.
7-10 years related experience required
Proven senior management leadership skills to lead a department of product development experts and consultants
Ability to develop and drive product strategies throughout the organization
Comprehensive knowledge of the design, development, implementation and profitability of product development and marketing in a financial/banking environment required
Superb communication, problem-solving and decision making skills with ability to effectively communicate with executive management
Proven ability to build strong collaborative business relationships
Demonstrated ability to negotiate and apply skills to exercise influence over others decisions without express authority and influence mass change management
Experience in leading project management and delivering on time and within budget
Proven experience in product pricing, financial statements and ensuring budget targets are met or exceeded
• Experience with developing and managing Retail financing programs including point-of-sale installment loans and other Buy Now Pay Later programs/capabilities.
• Experience with Digital and eCommerce programs and platforms.
• Ability to assess technology solutions needed to support growth objectives.
• Ability to view product performance from both an internal and Partner lens.
• Ability to build and maintain strong, positive relationships with key contacts and executive management at retail partners' businesses.
1313 North Market Street
TD Bank AMCB
Job Category - Primary:
Product Management & Development
Product Management & Development
TD Product Management
For additional information regarding the compensation of this position, please click here
For an overview of TD's Benefits program, please visit TD's Total Rewards site (https://hrportal.ehr.com/tdtotalrewards)
Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.