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Job Description

‍Do you wonder why commercial banking is still conducted with green screens, pdf docs and spreadsheets, and why no one is doing anything about it? This is why we created Archway Software! Born in an innovation lab inside a bank, we build modern, sophisticated, award-winning products that enable financial institutions to win in the digital world.

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This role gives you the power to finally solve the pain points commercial customers and bankers have had to endure. If you’ve ever thought, ‘Why doesn’t anyone solve this?’, here’s your chance.

Job Summary/Objective: ‍

Founders get a lot of the credit, but we know the real visionaries are the Product Managers. In this role, you’ll have direct access to the founder and our entire senior leadership team to define the solutions that will help Archway thrive in the commercial banking technology space.

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This role gives you the ability to establish this critical function in our early stage, high-growth company. Your domain expertise in commercial banking and product management will enable you to hit the ground running and contribute to our mission on day one. You will be responsible for setting our commercial banking product strategy and creating our product roadmap. Your ideas will be realized as solutions by a highly technical and collaborative team of engineering partners.

Essential Functions and Responsibilities:

• Evaluate and assess the commercial banking technology landscape
• Develop a visionary roadmap for revolutionary commercial banking software solutions
• Conduct customer interviews and market analysis to inform product vision
• Craft an 18-month rolling roadmap aligned with market demands and domain expertise
• Define SMART milestones for product development and implementation
• Collaborate with cross-functional teams to outline product requirements for an MVP
• Identify and engage target banks for MVP piloting and feedback collection
• Refine products based on insights, preparing for a successful market launch
• Travel to customers, conferences and other locations as required
• Embrace a startup culture, fostering a collaborative and innovative environment for project success
• Up to 50% travel required
  

Short Term and Longer Term Deliverables:

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Within 3 Months

Define a product vision and 18-month roadmap for a commercial loan management solution. Leveraging your domain expertise, inform the vision by conducting potential customer interviews, competitive market analysis, and pressure-testing concept with commercial bankers.

Within 6 Months

Narrow the roadmap and create a thorough set of product requirements to define a minimally viable product (MVP). Begin working closely with the technical product managers and engineering teams to align resource requirements. Using SCRUM methodology, direct the overall product timelines and expectations. Archway follows Agile development methodology to ensure speed and agility of product delivery.

Within 9 Months

Compose a list of target commercial banks that are excellent pilot candidates for the product MVP. Launch MVP with two pilot banks to gain valuable feedback and insights on product quality and value proposition. Work with engineering to make required changes to product to prepare for go to market.

Within 12 Months

Work with product marketing to finalize a go to market strategy including messaging, ideal customer profile, pricing strategy and sales materials.

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Skills and Attributes:

• Product Management Experience: Demonstrable success in taking software products from concept to delivery
• Domain Expertise: Comprehensive understanding of commercial banking, acquired through prior roles as a commercial banker, underwriter, or focused product management in commercial banking
• Innovation and Creativity: Proven ability to materialize ideas into tangible products or solutions
• A Problem Solver Mentality: Understanding that encountering problems is part of the process toward finding solutions and overcoming obstacles
• Continuous Curiosity: Always striving to consider what else can be done, how can we be better, and what more can I learn
• Teamwork and Accountability: Have a team-first attitude, believing that working together enables the best outcomes. Hold yourself personally accountable for achieving great team outcomes

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Qualifications:

• Bachelor’s degree required; MBA and/or relevant certifications preferred.
• Demonstrable excellence in product management, with a strong focus on commercial banking software solutions.
• Extensive background in product management within the financial technology (FinTech) industry, with proven success in launching and managing enterprise software products.
• Ideal candidate possesses hands-on experience in commercial banking with a unique perspective on how to bridge business and technology requirements.

• All employees must follow Archway Software’s employment practices and attendance policies, a copy of the handbook will be shared during onboarding.
• Typical office conditions or remote

The statements listed above are intended to describe the general nature of the work being performed. This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position.

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