Senior Retail Risk Product Manager

Rutherford, NJ, US • Posted 1 day ago • Updated 7 hours ago
Contract W2
On-site
$95 - $97/hr
Fitment

Dice Job Match Score™

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Job Details

Skills

  • Banking
  • Brand
  • Finance
  • Economics
  • Computer Science
  • MBA
  • Business Analysis
  • Financial Services
  • FOCUS
  • Stress Testing
  • Product Management
  • Credit Cards
  • Modeling
  • Pure Data
  • Data Analysis
  • SQL
  • Data Architecture
  • Data Warehouse
  • Communication
  • Presentations
  • Analytical Skill
  • Conflict Resolution
  • Problem Solving
  • Attention To Detail
  • Artificial Intelligence
  • Analytics
  • Articulate
  • Roadmaps
  • Market Research
  • Competitor Analysis
  • Product Requirements
  • User Stories
  • Scrum
  • Development Testing
  • Conceptualization
  • Optimization
  • Agile
  • UPS
  • Sprint
  • Management
  • Acceptance Testing
  • Retail
  • Credit Risk
  • Data Governance
  • Risk Management
  • Collaboration
  • Forecasting

Summary

Grow your career as a Senior Retail Risk Product Manager with an innovative global bank in Rutherford, NJ. Contract role with strong possibility of extension and/or conversion. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will bridge the gap between business needs, risk management requirements, and technical development teams, ensuring the delivery of a robust, scalable, and compliant platform. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 6+ Months

Required Skills & Experience
  • Bachelor's degree in Finance, Economics, Computer Science, Engineering, or a related quantitative field. Master's degree or MBA preferred.
  • 10+ years of experience in product management, business analysis, or a similar role within financial services, with a strong focus on retail risk.
  • 5+ years of direct experience with CCAR, DFAST, or similar regulatory stress testing frameworks and loss forecasting processes.
  • Deep expertise in retail credit risk, regulatory stress testing (CCAR), and agile product management methodologies.
  • Proven track record of successfully delivering complex technology platforms or products in an agile environment.
  • Solid understanding of retail credit products (e.g., credit cards, mortgages) and associated risk drivers.
  • Familiarity with risk modeling concepts (PD, LGD, EAD) and methodologies.
  • Experience with data analytics tools, SQL, and understanding of large-scale data architecture concepts.
  • Knowledge of relevant technologies and platforms used in risk management and data warehousing.
  • Exceptional communication, presentation, and interpersonal skills, with the ability to articulate complex concepts to both technical and non-technical audiences.
  • Strong analytical and problem-solving abilities, with a keen attention to detail.
  • Ability to influence stakeholders and drive consensus across diverse teams.
  • Proactive, self-starter with the ability to work independently and as part of a team in a fast-paced environment.


Desired Skills & Experience
  • Experience using AI assisted tools is a plus.


What You Will Be Doing
  • Responsible for defining the product vision, strategy, roadmap, and features for next-generation risk analytics and forecasting capabilities.
  • Will lead the development and enhancement of a new Loss Forecast Platform for use in CCAR and internal loss forecast processes.
  • Define and articulate the product vision, strategy, and roadmap for the Loss Forecast Platform, aligning with overall business objectives and regulatory requirements.
  • Conduct market research, competitive analysis, and gather stakeholder feedback to identify new opportunities and inform product decisions.
  • Translate high-level strategic objectives into detailed product requirements and user stories to bring in efficiency to the organization.
  • Work closely with agile development teams (scrum masters, developers, QA) throughout the entire product lifecycle, from conceptualization to deployment and post-launch optimization.
  • Provide clear guidance and answer questions from development teams during sprint cycles to ensure accurate understanding and implementation of features.
  • Participate in all agile ceremonies, including sprint planning, daily stand-ups, sprint reviews, and retrospectives.
  • Oversee user acceptance testing (UAT) to ensure delivered solutions meet specified requirements and quality standards.
  • Maintain an in-depth understanding of retail credit risk methodologies, CCAR, DFAST, CECL, and other relevant regulatory guidelines (e.g., SR 11-7).
  • Ensure the platform design and functionality support robust data governance, model risk management, and auditability for regulatory submissions.
  • Collaborate with model development and validation teams to integrate advanced loss forecasting models into the platform effectively.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 10105282
  • Position Id: 872160
  • Posted 1 day ago
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