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About the Role
Wells Fargo is seeking a Product Management Director to lead the Receivables Payment within Global Treasury Management Product Management. This role involves setting the vision and driving execution for a portfolio of receivables solutions, focusing on client outcomes, portfolio growth, financial performance, product risk, and modernization of payment acceptance capabilities.
Responsibilities
- Lead the Receivables Payment Acceptance organization and develop product leaders.
- Own and execute a comprehensive payment acceptance strategy across paper and electronic methods.
- Define the target-state portfolio and multiyear roadmap.
- Deliver measurable client value, including faster funds availability and reduced days sales outstanding.
- Own portfolio P&L and performance management.
- Develop and commercialize differentiated propositions for commercial clients.
- Translate client insights into product priorities and strategies.
- Oversee the full product lifecycle.
- Partner across various departments to align capabilities and execution.
- Establish a strong product risk and control environment.
- Represent the portfolio with senior leaders, clients, and industry forums.
- Manage people and financial resources, fostering a culture of client focus and accountability.
Requirements
- 10+ years of Product Management or leadership experience, or equivalent.
- 4+ years of management or leadership experience.
- Significant leadership experience in treasury management, receivables, merchant acquiring, payment acceptance, transaction banking or commercial payments.
- Demonstrated success setting strategy and leading a complex product portfolio.
- Deep knowledge of Receivables and payment acceptance solutions.
- Proven P&L leadership.
- Experience leading paper-to-electronic migration, product modernization, platform consolidation, client migration or another large-scale, multi-year transformation.
- Experience managing products with significant operational, regulatory, data and technology complexity.
- Demonstrated ability to lead through a highly matrixed organization and influence senior stakeholders.
- Executive-level communication and decision-making skills.
- Ability to travel up to 25% of the time.
- Specific compliance policies may apply regarding outside activities and/or personal investing.
Skills
- Treasury management
- Receivables
- Merchant acquiring
- Payment acceptance
- Transaction banking
- Commercial payments
- ACH
- Direct debit
- Wire receive
- Instant payments
- Request for payment
- Lockbox
- Remote deposit
- Cash acceptance
- Bill payment
- Payment gateways
- P&L leadership
- Revenue growth
- Margin improvement
- Pricing strategy
- Expense discipline
- Attrition management
- Investment prioritization
- Paper-to-electronic migration
- Product modernization
- Platform consolidation
- Client migration
- Risk management
- Data management
- Technology management
- Communication skills
- Decision-making skills
Location
- Hybrid
Work Type
- Hybrid
Experience Level
- Director
- 10+ years of Product Management or leadership experience
- 4+ years of management or leadership experience
Education Level
- Bachelor’s degree or higher in business, finance, technology or a related field.
Salary/Compensations
- $185,000.00 - $300,000.00
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
About the Company
- Wells Fargo is an equal opportunity employer.
- Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture.
- Wells Fargo maintains a drug free workplace.
Equal Opportunity
- All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.