Principal Financial Product Development

Job overview

The Principal Financial Product Development role offers a hybrid arrangement, with up to 50% remote work, and is based at one of the listed offices: Bloomington, IL; Sun Prairie, WI; or Lakeville, MN. The stated base pay range is $105,700–$160,300 per year, with variable compensation and other benefits. Compeer Financial is a member-owned cooperative providing financial services to agriculture and rural communities. The role establishes a repeatable process for developing, launching, and optimizing lending products. It coordinates market research, product design, risk and regulatory input, and cross-functional execution to improve client experience and support revenue growth and market differentiation.

What you'll do

• Develop and execute a process to ideate, test, develop, and optimize loan products
• document a repeatable product development process and build a Product Development Life Cycle playbook
• conduct market assessments and competitive analyses
• define product features with cross-functional partners
• coordinate product launches and go-to-market strategies
• establish product performance metrics
• use client feedback to inform design
• develop internal training materials
• partner with credit, legal, and Business Technology
• analyze performance and risks
• improve product features, processes, and client experience.

What we're looking for

Skills & competencies

principal financial product development

financial services

loan products

product development

lending

product lifecycle

market research

risk management

hybrid

lakeville mn

compeer financial

$105,700–$160,300/year

Work arrangement

• Weekend coverage required

Benefits & perks

• Hybrid work up to 50% remote
• flexible schedules
• 401(k) contribution and match up to 9%
• medical, dental, vision, HSA/FSA, life and AD&D, short- and long-term disability, wellness program, and EAP
• vacation, sick leave, holidays, parental leave, and volunteer paid time off
• learning and development
• mentorship
• professional membership and certification reimbursement.

Why this role

Hybrid work is available up to 50% remote at one of three listed office locations; the role requires at least 10 years of progressive financial-services product development experience focused on lending.

About the employer

Compeer Financial is hiring for this role. Industry: Commercial Banking. Sector: 52.