FTPS PRODUCT MGR II

Employment Type: Regular Full/Part Time: Full Time Division: Processing Solutions Location: FIFTH THIRD CENTER, CINCINNATI, OHGENERAL FUNCTION:
Manages relatively complex, profitable or troubled products in order to organize sales, growth, penetration, and profitability. Develops long-term product plans, focusing on customers, competition, profitability, product life cycle and service considerations. Works closely with Marketing, Sales, Account Management, relevant department heads and their staff in developing enhancements, or new product concepts, and preparing initial designs. Coordinates the activities of all corporate areas necessary to bring the product to market, develops financial operating plans, projects profit and loss, and is charged with achieving annual sales objectives for assigned products or areas.DUTIES & RESPONSIBILITIES:

Monitor industry trends related to MPS products, including reading industry periodicals, web sites, and other means necessary to be an industry expert.

Develop relationships with key customers and internal sales organizations, ensuring that MPS products are competitive and that quality service is being provided.

Maintain key relationship with vendor representatives. Responsible for keeping current on various MasterCard, Visa and/or network rules and regulations.

Research competitor practices and pricing to ensure that MPS products are competitive in features and pricing.

Develop and maintain product descriptions that describe each product offering, including how the products work from start to finish. Where appropriate, include flowcharts in the product description document.

Establish annual goals and objectives for each product and develop management reports to track progress on a monthly basis.

Develop the components of and recommend the pricing guidelines for MPS products. Assist Sales in pricing proposals.

Assist Finance with the development of annual budgets for MPS products and manage the overall P&L of the product line to ensure that revenue and margin targets are being met and expenses are within budget.

Work with internal departments on issues related to development, implementation, and ongoing servicing.

Develop training materials and aids. Coordinate training sessions for MPS sales representatives. Accompany MPS sales representatives on client/prospect sales calls.

Develop and maintain industry and vendor contacts.SUPERVISORY RESPONSIBILITIES:
None.
Job RequirementsMINIMUM KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
Bachelor's degree.
Three (3) or more years relevant industry experience.
Understanding of product features benefits pricing, positioning, design and advertising.
Well developed communication, organization, and analytical skills.
Proficiency in Excel, Word, and PowerPoint. E.O.E., M/F/D/V