Product Director, Commercial Real Estate
2 days ago
Do you enjoy defining strategy and have an understanding of Commercial Real Estate? You have found the right team.
As the the Product Director within Commercial Real Estate area of the Lending Product organization , you will be responsible for defining and delivering the strategic technical platform for core commercial real estate sub-businesses, specifically Real Estate Banking (REB), Community Development Banking (CDB) and Agency & Institutional Capital Lending. You will take a leadership role in internal processes, including defining strategy, driving tech architecture and budgeting, to ensure business needs are prioritized
Job responsibilities
- Partner closely with business leadership and technology and product partners across the firm, the Product Director:
- Deeply understands the banking, risk management and operations real estate lending lifecycle, and the needs in each of the sub-businesses, spanning prospect targeting, loan and credit product origination, portfolio monitoring, and servicing
- Develop a full assessment of potential platform components, including existing capabilities within CRE, components in use broadly across the firm, and available vendor platforms
- Make fully outlined recommendations for solutions to address specific unmet business needs including platform components, process flows, expected required integrations, and data architecture
- Partner with the business and technology to develop and implement the long term product strategy for the commercial real estate business, leading product development and integrations into existing workflows
- Maintain on-going responsibility for ensuring platform environment meets current-day requirements and evolves with the businesses; potentially product manages discrete platform capacities, including ensuring products continue to comply with updated regulatory requirements
- Monitor market trends with a focus on industry-specific developments and adoption of emerging capabilities
- Take a leadership role in internal processes, including budgeting, to ensure business needs are prioritized
Required qualifications, capabilities, and skills
- 8+ years of experience or equivalent expertise delivering products, projects, or technology applications
- Experience in commercial real estate lending
- Experience driving change within organizations and managing stakeholders across multiple functions
- Experience and ability to influence and lead through both direct ownership and within partnership model
- Prior product experience or equivalent such as consulting/internal strategy development and implementation
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