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Senior Product Manager - Credit Cards & Payments
·Israel
Not specifiedFull-timeProduct ManagementBanking
Lead product management for credit card and payment products. Drive strategy, business plans, P&L, market analysis, vendor negotiations, and data insights. Collaborate across internal and external stakeholders. Requires 5+ years and strong analytical skills.
Responsibilities
- Lead strategic initiatives and identify business opportunities for credit card and payment products.
- Develop detailed business plans, economic models, profitability analyses (P&L), and assess economic viability of new initiatives.
- Conduct in-depth market analysis including consumer trends, technological developments, local and international regulation, and competitor activity.
- Identify business opportunities and develop innovative and attractive products for customers.
- Build and lead annual and quarterly work plans including business, regulatory, and technological development goals.
- Manage ongoing negotiations with external suppliers, credit card companies, schemes (Visa, Mastercard), Bank of Israel, and clubs.
- Define efficiency and product improvement targets, write specification documents, and lead development processes with measurements.
- Collect, analyze, and process data on purchases, customer activity, customer quality, revenues, issuances, and translate into business insights and action plans.
- Develop and manage dashboards and performance reports to track product and initiative success.
- Manage multiple interfaces internal (IT, legal, compliance, customer experience, risk, product, banking divisions, accounting, senior management) and external (credit card companies, schemes, Bank of Israel, clubs).
- Build processes with branches and call center, including digital customer processes.
- Create training materials, guide and train professional teams.
Requirements
- Relevant bachelor's degree (economics/business administration/engineering or similar), master's degree is an advantage.
- 5+ years experience in product management, business development, or strategy, with emphasis on credit cards, payments, or consumer credit in a leading financial institution and/or fintech.
- Deep familiarity with business models in credit and payment-based financial products.
- Proven experience in building business and economic models, and P&L analysis.
- Very high level of Excel.
- Strong strategic thinking with high execution ability and meeting targets.
- Deep analytical approach and ability to translate data into practical business insights.
- Ability to lead and motivate without formal authority.
- Effective negotiation skills and excellent interpersonal relationship management.
- Ability to work in multiple interfaces and with various levels.
Nice to have
- Broad understanding of competition and international trends in payments and credit, and relevant regulation.
- Ability to write SQL queries.
- Experience working with Agile methodology.