Job Information
SMBC Lead, Product Analysis (Remote) in Virginia
Join us on our mission to create a completely new, 100% digital bank that truly serves customers' best interests. We are a close-knit and fun-loving team of seasoned financial services professionals who came together for the challenge of building a bank from scratch - and we are committed to doing it all the right way (from technology infrastructure to modern marketing to customer experience).
The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
We work with the flexibility and speed of a start-up. But we also have significant stability and capital from being part of the SMBC Group (Sumitomo Mitsui Banking Corporation). SMBC is the second largest bank in Japan and the 12th largest bank in the world with operations in over forty countries. And SMBC is committed to disrupting the US marketplace with ground-breaking products.
It is the best of both worlds, and we are seeking proven marketing leaders to propel us towards a national launch. We have both the ambitious growth plans and the 'patient capital' necessary to execute a multi-year plan. Join us on the journey to deliver an exciting concept of evolved banking.
SUMMARY:
Jenius bank has recently launched initial deposit and loan products, and plans to launch credit cards as an acquisition strategy for the bank. The Lead, Product Analysis, will help drive product strategy from concept through launch, along with future iterations, and through ongoing research and analysis of customer behavior, product usage, and product performance over time. Candidate will be joining at the early-stage of product development, and should embrace change and an evolving environment.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Develop and implement new product and pricing policies for credit cards; lead product level modeling/analytics
Make compelling product recommendations based on customer behavior, competitive environment, sound credit risk management principles, customer experience, and cost benefit analysis.
Ability to drive agreement for recommendations through strong written and verbal communications, as well as strategic influencing skills
Partner with Marketing, Design, Credit, Operations and Technology teams to ensure smooth execution and all key control requirements are met.
Ability to create, drive, and execute an agenda in fluid environment
Develop a robust testing agenda to help optimize and expand the business.
Develop relationships across all workstreams to foster a transparent and collaborative environment that allows getting work done through others
POSITION SPECIFICATIONS:
Bachelor’s degree or equivalent in quantitative fields
5+ years of quantitative analysis, specifically with experience in credit cards
2+ years of qualitative analysis, specifically in financial services
Excellent analytical and critical thinking skills, and demonstrated ability to analyze data and trends to improve product performance
Experience partnering with marketing, credit, designers, and other product leaders to drive business strategy
Strong communication skills including the ability to explain complex issues and solutions to all levels of management
Ability to lead cross-functionally
A data-driven approach to problem-solving that is supported with proficiency in Python, SQL, R for extracting data from large datasets and statistical analyses
EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
CCPA DISCLOSURE
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