Senior Compliance Product Manager at Wintrust Financial Corporation in Rosemont, Illinois

Job Description:

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

Why join us?

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years).




• Competitive pay and discretionary or incentive bonus eligible.




• Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few




• Promote from within culture.

Why join this team?

• We foster an inclusive environment for an individual to grow and work independently.




• Opportunity to interact with management level, experienced professionals - higher visibility.




• Wintrust has a great compliance culture that comes from the top.




• Gain experience and further your career by joining a growing organization.

Position Overview

The Sr. Compliance Product Manager is responsible for defining and driving the product vision, strategy, and roadmap to align with business goals and customer needs.  They collaborate closely with cross-functional teams to ensure the successful development, launch, and iteration of compliance technology products, while monitoring performance metrics and industry trends to drive continuous improvements and innovations.

What You’ll Do

• Product Delivery and Execution of more complex technology products, such as Actimize. Make timely and informed decisions on product features, changes, and priorities based on data, feedback, and strategic objectives.  During development windows, support the business and development team by providing guidance, recommendations, clarifications, and resources needed to deliver high-quality product increments. Communicate delivery progress and results as relevant with stakeholders and vendors, as needed.




• Product Requirements Gathering and Definitions – Identify, recommend, define, document, and communicate requirements, as “User Stories”, that can be delivered by technology partners (internal and external). Identify and mitigate risks related to product development. Gather, influence, and incorporate feedback from users, stakeholders, and other sources to continuously improve the product.




• Product Release Planning and Backlog Management – Lead, influence, and communicate product roadmap planning to ensure product releases are aligned with strategic priorities in terms of content and timing. Prioritize and maintain the product backlog user stories, ensuring that features and enhancements address compliance needs effectively.




• Product Vision and Strategy – Develop and communicate the vision and strategy for compliance technology products, aligning them with regulatory requirements and business objectives. Collaborate with product business users to intimately understand their current and future challenges and needs.  With a strong knowledge of available technology products, analyze those needs and identify viable technology product solutions. 




• Optimize and Align Product Design – Identify and mitigate risks related to product development, regulatory changes, or other factors that may impact the products success. Drive continuous improvement in product development processes, tools, and practices to increase efficiency and effectiveness.  Ensure that compliance technology products meet regulatory standards and requirements.

Qualifications

• Bachelor’s degree and a CRCM/CAMS certification or other related certification preferred




• 5-7 years of related experience.




• Proven track record of managing the development and delivery of compliance-focused technology solutions, including a strong understanding and practical application of the regulatory requirements and translating them into product features.




• Drive product innovation and define long-term product direction with initial focus on refining the product offering and internal support strategy.




• Proven ability to work with cross-functional teams, including technology and compliance, to drive product initiatives from conception to launch while ensuring alignment with compliance standards and business requirements.




• Strong background in regulatory, compliance, and financial services technology with hands-on experience navigating financial services compliance regulations such as AML and OFAC.




• Demonstrated success in gathering, analyzing, and prioritizing product requirements based on industry trends, customer needs, and compliance mandates, balancing business and technical considerations.




• Experience with Agile product development methodologies, working closely with cross-functional teams to deliver product features on time and within scope. (Experience transitioning to Agile is a plus.)




• Proven track record of managing stakeholder relationships, including liaising with internal teams, vendor teams, and auditor/regulators to ensure the product meets both regulatory and business requirements.




• Highly skilled and experienced with Product Owner tools, such as Development (e.g. JIRA), Database Query (e.g. SQL), and Workflow Design (Visio).




• Experience providing stakeholders an understanding of what is being proposed/delivered through scenario-based diagrams.

Benefits

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.