Product Director - Core Banking Transformation (Deposits)

Oracle is strongly committed to the global financial services industry. To assist financial institutions, Oracle has brought together the industry's best application and technology ecosystem for evolutionary transformation, providing Banks and Credit Unions with the largest footprint of functional assets. Oracle's progressive transformation strategy for financial services industry is executed through the Oracle Financial Services Global Industries Unit (FSGIU).

Oracle FSGIU has created the position for a Director of Deposit Products to further support progressive transformation of Deposit line of banking business in the United States.

In this role you will work as part of a team that acts as the central resource and driving force for US retail banking. As a member of the product strategy team for Oracle Banking solutions, you will contribute to the definition of product specifications and strategy to enable complete deposit capabilities for our solution especially around customer onboarding, customer maintenance, origination and servicing of deposit products such as savings account, checking accounts, money market deposits, CDs, and IRAs. Knowledge of US regulations and compliance around these products is required as you will need to define product specifications around functionality and compliance. 

You will also be required to support sales and pre-sales teams in business development opportunities. You will need to initiate and foster relationships with other groups to ensure a holistic development of the deposit product line. You will also review product documentation and collateral to ensure successful product releases based on corporate priorities.

Career Level - IC5

• Provide consistent high quality and innovative leadership on deposit product solutions by interacting with various stakeholders within Oracle and partners / clients when necessary
• Be a retail banking expert on deposits and trusted advisor to the product organization by effectively influencing decisions across all software development life cycle stages.
• Analyze and understand customer management, transactional accounts, term deposits, and IRAs including regulatory practices. Have in depth knowledge of US Regulations around customer management, deposits, and IRAs.
• Translate the above banking areas into business requirement documents for development.
• Knowledge of Teller operations and payments (ACH, Fedwire, Real time payments and ISO 20022 standards) would be an added advantage 
• Effectively apply Oracle’s methodologies, policies, and procedures.
• Develop and deliver high quality presentations and demonstrations, present and articulate product features, and benefits, and configure and test the overall solution that delight prospects and clients
• Demonstrate strong communication skills to deal with internal stakeholders, partners, customers, and senior management. 
• Require business, product, technology, or industry expertise relevant to customer management, deposits, and IRAs
• Effectively manage budget, scope, schedule, resources, and quality throughout development by analyzing factors that influence outcomes such as risk, issues, and dependencies.
• Plan, manage and communicate the progress of projects, project achievements and maintain project status.
• Maintain up-to-date knowledge of and compliance with internal processes and procedures.
• Support the business development effort for new & expansion opportunities through scoping, solutioning & presentations. 
• Promote knowledge by sharing lessons learned, innovations or new skills with team members

• Experience in the areas of retail banking operations for deposit servicing with financial institutions in senior roles (10+ years)
• Detailed knowledge of banking regulations for deposits and IRAs (both federal and state) applicable to Banks and Credit Unions
• Experience working with banking software development teams in different stages of software development
• Proficient in writing and updating documents that translate functional and regulatory requirements into business requirement documents that can be readily understood by developers and software product managers.
• Skilled in delivering clear outcome-based targets and measures by working with a strong sense of urgency in getting the job done 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.  Please contact us to request accommodation.

Oracle is an Equal Employment Opportunity Em