Derek McDonald

Director of Product Management SVP @Home Bank

New Orleans, LA, US
MOBILE NUMBERS
+91 *********19

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WORK HISTORY

Sep 2021 — Present

Director of Product Management SVP @Home Bank

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Slidell, LA, US

Implemented a Product Management discipline as Home Bank’s first ever Product Manager. Developed and introduced methodologies used to capture customer needs, impact, and prioritize product features and benefits Created a Product Management cost-benefit analysis (CBA) and risk assessment model used bank-wide before new products are introduced to marketManaged a cross-functional product team responsible for creating quantitative data, metrics, and industry research required to support product initiativesResponsible for the bank’s Product Roadmap, Product Strategy, and Product VisionResponsible for managing the design, pricing, and product life cycle for products for 3 lines of business (LoB): Treasury Management, Retail, and Home Bank FinancialDesigned and launched Account Analysis (analyzed) business account to capture small business customers which utilized TM products and a Rewards consumer account.Treasury Management revenues have averaged 45% year-over-year (YoY) growth since 2021Managed all consumer and business line products

EDUCATION

N/A

University of New Orleans

Bachelor’s Degree, Business Administration and Management, General

SKILLS

Property & Casualty InsuranceFinancial ServicesData AnalysisPaymentsTreasury ManagementCustomer ServiceBusiness AnalysisTechnology IntegrationMarketingCross-Functional Team LeadershipPortfolio ManagementCompetitive AnalysisAgile MethodologiesManagementB2bRelationship ManagementCommercial InsuranceUmbrella InsuranceTreasury ServicesSalesLife InsuranceStrategyCash ManagementProduct Road MappingFinancial AnalysisProduct MarketingSales PresentationsCertified Treasury ProfessionalProduct ManagementBankingRisk ManagementProject ManagementBusiness DevelopmentLeadershipStrategic PartnershipsCommercial BankingBusiness StrategyStrategic PlanningCspoMilitary Leadership

ABOUT DEREK MCDONALD

Experienced Product Manager with skill sets focused within the Financial Services industry. Responsible for the development and growth of several banking products while managing their financial feasibility/profitability.

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