Product Manager - Cash Management & Business
Not Disclosed•Full-TimeOn-site
location_on22, Dr. Aaron B. Samuels Boulevard, Danbury, Western Connecticut Planning Region, Connecticut, 06810, United States
About the Team
Union Savings Bank is committed to helping customers and communities plan, grow, and succeed through relationship-driven service and modern financial solutions. The Innovation Center is a cross-functional team advancing how the Bank identifies, designs, and delivers meaningful products. Within this center, Payment Services serves as a core function, aligning deposit and payment products with digital enablement and customer experience to ensure solutions are relevant, scalable, and seamlessly integrated into how customers bank with us.
About the Role
The Product Manager, Cash Management & Business position leads the end-to-end management of the Bank's business deposit products and payment services. This includes business checking and savings, earnings credit, balance-based pricing, liquidity solutions, and services such as ACH, wires, remote deposit capture, Positive Pay, and real-time payments. Reporting to the FVP, Director of Payment Services with a Corporate Title of AVP, this role partners across the Bank to deliver well-controlled, customer-focused capabilities that support client workflows, improve cash flow visibility, and meet regulatory and operational standards.
In this position, you will define and execute the strategic direction for assigned product lines, developing business cases that establish clear purpose, timelines, and expected outcomes. You will lead the implementation of new and existing product enhancements while maintaining expertise in payment rails, clearing models, and settlement types. Your day-to-day involves leveraging the bank's commercial account analysis platform to manage pricing and profitability, driving profitable account growth, and tracking budget impacts. You will also research market dynamics and competitor offerings to translate data into actionable recommendations for the product roadmap, evaluating emerging trends like embedded finance and digital receivables.
Beyond product strategy, you will act as a Subject Matter Expert, providing consultative and technical training to internal sales and service staff. You will partner with Treasury Services, Marketing, and Branch Banking to develop sales strategies that promote profitable acquisition and retention. Additionally, you will support consultative discussions with business and commercial clients regarding payment optimization and treasury operating models, while ensuring all activities comply with regulatory requirements and industry standards.
Hiring Process
Candidates are invited to apply with a resume highlighting their background in banking, sales, and product management. The selection process typically involves an initial review followed by interviews with the hiring team to discuss strategic vision and operational experience.
Equal Opportunity
Union Savings Bank is an Equal Opportunity Employer. We consider qualified applicants regardless of background, including Protected Veterans and Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Work location
Work model: On-site
22, Dr. Aaron B. Samuels Boulevard, Danbury, Western Connecticut Planning Region, Connecticut, 06810, United States
Danbury, Connecticut
Key Responsibilities
- check_circleDefine and execute strategic direction for cash management and business deposit product lines
- check_circleDevelop business cases and lead end-to-end implementation of new products and enhancements
- check_circleResearch market dynamics and competitor offerings to inform product roadmap and prioritization
- check_circleSupport vendor management including contract administration and expense control
- check_circleAddress customer concerns and support consultative discussions regarding payment optimization
- check_circleManage pricing, profitability, and fee revenue using the commercial account analysis platform
- check_circlePartner with internal teams to develop sales strategies and provide product training to staff
- check_circleManage risk and compliance activities ensuring adherence to regulatory and legal requirements
Requirements
- verifiedBachelors or Equivalent Work Experience or better
- verified5-7 years Bank & Sales Experience
- verified5-7 years Product Management Experience
Similar Job Opportunities
Skills, education and keywords
Skills: Ach, Wires, Remote Deposit Capture, Positive Pay, Real-Time Payments, Embedded Finance, Virtual Card Solutions, Digital Receivables, Nacha Self-Audit.
Education: Bachelor's or Equivalent Work Experience or better.
Frequently asked questions about Product Manager - Cash Management & Business at Western Connecticut Medical Group
What does a Product Manager - Cash Management & Business at Western Connecticut Medical Group do?expand_more
A Product Manager - Cash Management & Business at Western Connecticut Medical Group is responsible for the following: Define and execute strategic direction for cash management and business deposit product lines; Develop business cases and lead end-to-end implementation of new products and enhancements; Research market dynamics and competitor offerings to inform product roadmap and prioritization; and Support vendor management including contract administration and expense control.
What are the requirements for this Product Manager - Cash Management & Business role?expand_more
To qualify for the Product Manager - Cash Management & Business at Western Connecticut Medical Group position, applicants should have: Bachelors or Equivalent Work Experience or better; 5-7 years Bank & Sales Experience; and 5-7 years Product Management Experience.
Where is the Product Manager - Cash Management & Business role at Western Connecticut Medical Group located?expand_more
Product Manager - Cash Management & Business at Western Connecticut Medical Group is based in 22, Dr. Aaron B. Samuels Boulevard, Danbury, Western Connecticut Planning Region, Connecticut, 06810, United States. This is a on-site role.
Is this Product Manager - Cash Management & Business job remote, hybrid, or on-site?expand_more
Western Connecticut Medical Group has listed this Product Manager - Cash Management & Business role as on-site.
How much experience is required for this Product Manager - Cash Management & Business role?expand_more
Product Manager - Cash Management & Business at Western Connecticut Medical Group typically requires 5–7 years of relevant experience at the senior level.
What skills do you need for the Product Manager - Cash Management & Business role at Western Connecticut Medical Group?expand_more
Key skills for Product Manager - Cash Management & Business at Western Connecticut Medical Group include Ach; Wires; Remote Deposit Capture; Positive Pay; Real-Time Payments; Embedded Finance; Virtual Card Solutions; and Digital Receivables.
What education is required for Product Manager - Cash Management & Business at Western Connecticut Medical Group?expand_more
Educational requirements for this role: Bachelor's or Equivalent Work Experience or better.
What category does the Product Manager - Cash Management & Business role belong to?expand_more
Product Manager - Cash Management & Business at Western Connecticut Medical Group is part of the accounting & finance job category on Recrutus.
About Western Connecticut Medical Group
At Western Connecticut Medical Group, we provide safe, innovative, convenient, and coordinated primary and specialty care. We have the ability to coordinate your primary care and specialty care needs with the advanced diagnostic and treatment services available through our member hospitals: Danbury Hospital, New Milford Hospital, and Norwalk Hospital. Western Connecticut Medical Group has offices in many convenient locations throughout Fairfield, Litchfield, New Haven, and Putnam County, making it easier for you to receive your routine and urgent care. We have highly trained, board-certified physicians in every medical sub-specialty providing collaborative, coordinated care. 2017 Highlights Patients served: 463,560 including 56,025 new patients Offices in 70 locations, 16 cities/towns 8 new and expanded practice spaces 1,226 employees 76 new medical staff members
Browse more roles: All Western Connecticut Medical Group jobs, accounting & finance jobs on Recrutus.