AVP, Product Lead - Core Banking

Posted Jul 19

AVP, Product Lead - Core Banking, Digital Banking

COMPANY DESCRIPTION:  Forbright is a nationwide full-service bank and lender helping accelerate the transition to a sustainable and low-carbon economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable economy by financing visionary leader in clean energy, healthcare, technology, financial services, real estate, and other industries with extraordinary service.

COMPANY CULTURE:  We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible environmental, social, and governance (ESG) practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back.  We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a more sustainable future.

DUTIES AND RESPONSIBILITIES

  • Develop and execute the bank's Core and Payments strategy in line with the overall business goals 
  • Identify, document and rationalize stakeholder requirements to meet or exceed critical product SLAs while providing a best-in- class experience for internal and external customers 
  • Support the integration, configuration, and customization of the Core Banking and Payments Products to the online banking and servicing products in order provide a best-in-class payments and banking experience to our customers 
  • Identify and drive implementation of solutions to assist with new product offerings such as loans, CDs, etc., and payment capabilities such as ACH, Wires, RTP, etc.  
  • Serve as the subject matter expert on Core Banking and Payments  
  • Work with other subject matter experts, engineering, and additional stakeholders to own the Core Banking and Payment products beginning to end vision, rollout, and backlog 
  • Partner with multiple teams in an agile delivery environment, including Online Banking, Digital Account Opening, Servicing, and Fraud & KYC product teams 
  • Deliver quality deliverables and manage to aggressive timelines, managing concurrent priorities and projects 
  • Be part of a high performing team and drive successful implementations 
  • Manage relationships with external partners, including vendors and consultants, to ensure that the organization has access to the necessary stakeholders 
  • Perform other duties as assigned 

QUALIFICATIONS

  • 5-6 yearsof experience in product or operations management experience showing progression/promotion within the tech or financial services industry required 
  • Bachelor’s or master’s degree in business administration, computer science, or a related field required 
  • Experience in the financial services industry, preferably in a banking or lending environment. 
  • Knowledge of payments, core banking requirements and implications 
  • Strong analytical and critical thinking skills, with the ability to synthesize complex data into actionable insights. 
  • Excellent communication and interpersonal skills, with the ability to communicate complex concepts to non-technical stakeholders. 
  • Experience in JIRA and Confluence preferred 
  • Experience working with third party vendors such as Finxact, Backbase, or Temenos preferred 

The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. $130,000 (entry level qualifications) to $200,000 (highly experienced).

POSITION REQUIREMENTS: The requirements described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. Work is conducted primarily in an office; however, some positions may be conducted remotely via technology. While performing duties of this job, the employee may be regularly required for prolonged periods of time to:

• Sit or stand at a desk

• Walk, stoop down, crouch, kneel or bend over

• Use hands and fingers

• Utilize a computer monitor with visual acuity

• Operate technology and other office machinery such as printers, fax machines, scanners, etc.

• Communicate clearly both verbally and in writing with others

ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

PERKS/BENEFITS:

• Comprehensive health, dental, and vision plans

• 4 weeks PTO

• 401k + company match

• Metro SmartTrip benefits ($50/mo)

• Remote or hybrid work schedules for most positions

• Bonuses for purchasing solar panels, electric vehicles, biking to work, etc.

• Paid subscriptions to Veterans Compost, Imperfect Foods, and more!

• Best Workplaces for Commuters 2023 & 2024 winner

• The Washington Post Top Workplaces 2023 & 2024 winner

• American Banker Best Banks to Work For 2023 winner

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.