Commercial Product Manager - Job Opportunity at ING Bank N.V.

Amsterdam, Netherlands
Full-time
Senior
Posted: April 23, 2025
Hybrid
EUR 85,000 - 120,000 annual base salary plus bonus potential of 15-25%, aligned with senior product management roles in Dutch banking sector

Benefits

Competitive base salary with 13th month bonus structure - above industry standard for banking sector
Progressive work-life balance package with 29 days total leave (24+2+3) - exceeding Dutch market average
Comprehensive pension scheme aligned with top-tier European banking standards
Modern hybrid working model balancing remote and office work - reflecting post-pandemic workplace evolution
Mobility card for transportation - supporting sustainable commuting practices
Individual Savings Contribution at 3.5% of gross salary - competitive for Dutch financial sector
CSR engagement opportunity with 2 paid volunteer days - reflecting strong corporate citizenship focus

Key Responsibilities

Strategic P&L ownership for dedicated product portfolio within Transaction Services, driving commercial performance and market positioning
Lead end-to-end product lifecycle management including strategy development, proposition design, and commercial execution for Financial Institution clients
Direct stakeholder management across European markets, including risk, compliance, and legal partners to ensure regulatory alignment
Spearhead product innovation and enhancement initiatives based on market intelligence and client feedback
Drive cross-border collaboration within European network to optimize product delivery and market penetration
Lead business case development and performance tracking, incorporating data-driven decision making
Guide product development through partnership with Delivery Management organization, ensuring technical requirements align with business strategy

Requirements

Education

Master's or bachelor's degree

Experience

More than 5 years of working experience within Payments

Required Skills

Strong resilience: ability to navigate through ambiguity and simplify complexity Customer Market Analysis and Financial Analytical skills Stakeholder management skills in complex ecosystems Excellent written and verbal English communication skills Experience in commercial product management and/or marketing and/or client experience Credit Risk experience is a plus
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Sauge AI Market Intelligence

Industry Trends

Transaction banking is experiencing rapid digital transformation with focus on real-time payments and API-driven solutions, creating increased demand for product managers who can bridge technical and commercial requirements Financial institutions are prioritizing modernization of payment infrastructure to compete with fintech disruptors, making this role crucial for maintaining market position Regulatory changes including ISO 20022 migration and instant payment initiatives are driving product innovation needs in the European banking sector

Role Significance

Typically part of a 5-8 person product management team within Transaction Services, collaborating with 20-30 stakeholders across sales, technology, and operations
Senior strategic position with direct P&L responsibility and significant influence on product strategy and commercial success

Key Projects

Payment infrastructure modernization initiatives focused on real-time capabilities and API integration Product proposition enhancement projects targeting Financial Institution client segment Cross-border payment solution optimization programs Regulatory compliance and risk management implementations

Success Factors

Strong commercial acumen combined with deep understanding of payment systems and Financial Institution client needs Ability to navigate complex stakeholder environments while maintaining focus on product performance and client satisfaction Strategic thinking capability to identify market opportunities and translate them into viable product enhancements Experience in managing regulatory requirements while driving innovation in payment products

Market Demand

High demand with growing competition for experienced payment product managers due to digital transformation initiatives across European banking sector

Important Skills

Critical Skills

Payment systems expertise combined with commercial product management capabilities - essential for driving product strategy and performance Stakeholder management in complex matrix organization - crucial for successful product delivery and adoption Financial analysis and business case development - fundamental for product portfolio optimization

Beneficial Skills

Credit risk knowledge for enhanced product risk management API and digital banking technology understanding Experience with regulatory frameworks in multiple European markets Change management capabilities for driving product transitions

Unique Aspects

Opportunity to shape payment products for Financial Institutions during significant industry transformation period
Combination of traditional banking stability with digital innovation focus
Strong emphasis on cross-border collaboration and European market integration
Balance of commercial and technical product management responsibilities

Career Growth

2-4 years in role before progression to higher strategic positions, depending on business impact and market conditions

Potential Next Roles

Head of Product Management for Transaction Services Director of Payment Strategy Head of Financial Institutions Business Line Senior Innovation Manager in Digital Banking

Company Overview

ING Bank N.V.

ING is a leading global financial institution with strong digital banking capabilities and significant presence in both retail and wholesale banking sectors

Top-tier European bank with recognized leadership in digital banking innovation and strong transaction banking capabilities
Strategic role based in key European financial hub with responsibility for pan-European product initiatives
Progressive, innovation-focused environment with strong emphasis on digital transformation and agile working methods
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