Director of New Product Development

At FNBO, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.

We believe in a Modern, Flexible Workplace, and we are continuously exploring advancements in technology and office environments to make it easier to work from anywhere at any time, allowing for more flexibility in where and how you work. We know that choice and flexibility are important to you. We also recognize that flexible and remote positions can become opportunities for military partners, caregivers, and individuals with disabilities to thrive at our company. We invite you to consider what a Modern, Flexible Workplace can mean for you!

It is anticipated that an incumbent in this role will work onsite for three (3) or more days a week and will have a dedicated workspace when working onsite. Work location is subject to change based on business needs.In this role you will be part of our partner segment division. We have decades of experience building great consumer lending offerings, launching successful partnership programs (credit card, POSL, UCL) and managing partnership relationships.

This role will lead the efforts around new product development by creating strategies for new credit products that balance the delivery of both customer and business value. You will be responsible for identifying trends in consumer preferences, researching and understanding market changes as well as building strong relationships with business stakeholders.

This is a highly collaborative role with the business vertical owners in the segment. To succeed you will need to develop great relationships alongside a strong product strategy. Once a strategy is developed and new product identified, you will work with the operations and sales team to determine prioritization and implementation.

About This Role:

 

Key Responsibilities:

Product Development:

• Lead the ideation and design of innovative credit card products tailored to different customer segments and partners.

• Work with the operations team to coordinate capabilities development and product launch

Concept Testing:

• Rapidly plan and test new concept ideas

Market Research:

• Conduct market research to identify trends and consumer preferences

• Be knowledgeable on competitor offerings to inform product development decisions

Cross-functional Collaboration:

• Work closely with vertical owners, marketing, finance, risk management, and technology teams to align on desired business goals

Strategic Planning:

• Develop strategies for new credit card products to meet market demands, desired business outcomes and enhance competitiveness.

• Collaborate with vertical owners on profit optimization through product mix

Performance Monitoring:

• Track the performance of new products post launch

• Analyze key metrics to make data-driven decisions for product enhancements

The Ideal Candidate for This Role:

 

Required:

• 7-10 years' experience in Product director or VP role

• Experience in a matrix environment with diverse activities, tight timelines and varied special projects

• Team management and leadership skills

Desired:

• 2-5 years consumer lending industry experience

Compensation:

 

Compensation range (base pay): $93,977.00-$159,762.00

Final compensation offer to candidate may vary from posted hiring range based upon work experience, education, and/or skill level.

Benefits Overview:

We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:

• Medical, Dental, Vision Insurance

• 401k, With Matching Contributions

• Time Off Programs

• Health Savings Account (HSA)/Dependent Care

• Employee Banking

• Growth Opportunities

• Tuition Assistance

• Short-Term/Long-Term Disability Insurance

Learn more about FNBO benefits here: https://www.fnbo.com/careers/benefits/.

For additional information regarding compensation and benefits, e-mail FNBO at TAGAdmin@fnni.com. To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.

Job number: R-20241172

Equity, Diversity, & Inclusion:

FNBO is committed to belonging, inclusion, diversity and equity. We are committed to intentionally and proactively creating pathways to success for historically underrepresented populations. To accomplish this,  we foster a culture of belonging and inclusion so that every employee is valued, and has opportunity and the ability to make an impact.  FNBO strives to reflect the diversity of the communities we serve in the makeup of our workforce.

See the full FNBO Equity, Diversity, & Inclusion Statement here

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Click here to download 'EEO is The Law' Self-Print Poster

Click here to download 'EEO is The Law' Supplement for Federal Contractors

Click here to download 'EEO is The Law' GINA Supplement

FNBO is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC

FNBO follows federal law regarding the use of marijuana (this applies to all non-California applicants)

Application Deadline:

All our jobs will be posted for a minimum of 5 calendar days.  Job postings may come down prior to 5 calendar days based on volume of applicants.