Derek McDonald
Director of Product Management SVP @Home Bank
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WORK HISTORY
Director of Product Management SVP @Home Bank
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
University of New Orleans
Bachelor’s Degree, Business Administration and Management, General
SKILLS
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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