DEV SITE ..48
Salary Range
€40k - €90k
Career Zone

In Brief...

Manages digital banking channels (mobile/web) and applications for businesses. Supports Ecommerce liaises with multiple stakeholders to maintain quality service delivery. 

Knowledge

  • Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Knowledge areas are ranked by their importance to this career

Skills

  • Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
  • Reading Comprehension Understanding written sentences and paragraphs in work related documents.
  • Speaking Talking to others to convey information effectively.
Skills are ranked by their importance to this career

Work Environment

Product Manager - Digital Bankings typically work in the following Career Sectors:

FinTech
Banking & Financial Services
Software Development
Information Technology (IT)

Videos & Interviews

Lara Mulvey, Senior Product Manager AIB

Videos on the Web

Most commonly reported Work Activities

  • Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Guiding, Directing, and Motivating Subordinates Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
  • Coaching and Developing Others Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
  • Monitor Processes, Materials, or Surroundings Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
  • Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
  • Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
  • Evaluating Information to Determine Compliance with Standards Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Coordinating the Work and Activities of Others Getting members of a group to work together to accomplish tasks.
  • Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.

 

 

The Work

  • Back up or modify applications and related data to provide for disaster recovery.
  • Determine sources of web page or server problems, and take action to correct such problems.
  • Review or update web page content or links in a timely manner, using appropriate tools.
  • Monitor systems for intrusions or denial of service attacks, and report security breaches to appropriate personnel.
  • Implement web site security measures, such as firewalls or message encryption.
  • Administer internet/intranet infrastructure, including components such as web, file transfer protocol (FTP), news and mail servers.
  • Collaborate with development teams to discuss, analyse, or resolve usability issues.
  • Test backup or recovery plans regularly and resolve any problems.
  • Monitor web developments through continuing education, reading, or participation in professional conferences, workshops, or groups.
  • Implement updates, upgrades, and patches in a timely manner to limit loss of service.

 

Most commonly reported Work Tasks

  • Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
  • Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.
  • Recruit staff members.
  • Prepare operational or risk reports for management analysis.
  • Evaluate data pertaining to costs to plan budgets.
  • Oversee training programs.
  • Examine, evaluate, or process loan applications.
  • Approve, reject, or coordinate the approval or rejection of lines of credit or commercial, real estate, or personal loans.
  • Oversee the flow of cash or financial instruments.
  • Prepare financial or regulatory reports required by laws, regulations, or boards of directors.

Qualities - Product Manager - Digital Banking

Website managers need strong organisational skills, and the ability to work closely with many different people, including designers, programmers and sales and marketing staff.  
 
You must have strong leadership skills to make sure all contributions to the website are accurate, up-to-date and consistent with these your organisation's ethos and the image it wishes to convey to its customers.  
 
You must be able to stay calm and work well under pressure, for example, if there are technical problems with the website.  
 
You'll need strong communication skills to explain website development to people who may not have much technical knowledge of computers.  
 
Good written skills will help you to produce reports. You should also have good number skills to put together statistics, for example, to assess how many people have used the site over a period of time.  
 
If you are involved in website design, it is an advantage to be skilled in computer languages such as HTML (Hypertext MarkUp Language) and Java, or be willing to learn and develop these skills. You'll need an open mind to grasp the future potential of the Internet, and think about the best way to use multimedia technologies, such as graphics, video and sound. You need to be creative, with an eye for colour, enthusiastic and eager to keep up-to-date with this fast developing area.  
 
Website managers who work on a freelance basis need the skills to run their own business.  
 
As a manager you need to be able to work within agreed budgets, time frames and to plan and prioritise work. If you are supervising other staff you should have skills leadership, teamwork and dispute resolution. As a manager you must be able to give clear instructions and motivate staff to work precisely and consistently. A cheerful but firm, authoritative manner is necessary.

Interests - Product Manager - Digital Banking

This occupation is typically suited for people with the following Career Interests:

Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

Investigative

The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.

Entry - Product Manager - Digital Banking

The Digital manager role requires significant knowledge and experience. Many managers start their careers in sales. marketing, content development, or customer service and then progress. 

The most relevant degree subjects include business, ICT, management and marketing. Likewise increasingly also an engineering mindset. Although a degree may sometimes be required, experience and track record are often as important to an employer.

Training & Development Pathways

Training can also help you progress and there are both undergraduate and postgraduate courses in business and management which can support you in your career

FET Centre Traineeship: Business Admin, Customer service, Digital media Management available around Ireland at NFQ Levels 5-6 Search FET Courses

FET PLC Courses: Business Management, Sales, Marketing, Commerce, and ICT & Digital media available around Ireland at NFQ Levels 5-6 Search FET PLC Courses

Apprenticeship: Accounting, Finance, ICT Apprenticeship options at NFQ levels 6-8 Search Apprenticeships

Higher Education CAO pathways  Courses of any financial subject may apply, but holders of Economics, Accountancy, Digital Media Marketing, Ecommerce, and Computer science degrees may have an advantage. Courses are available at many Universities, ranging NFQ Level 6-8 Search Higher Education CAO pathways

Postgraduate study options Diploma/Masters Degree Business & Commerce, finance, accounting, project management and Web design advice (Level 9)  

Professional Organisations Training or networking events:

International Financial Services Skillnet Network 

Irish Banking & Payments federation 

Financial Services Union

The 30% club: Growth Through Diversity 

Last Updated: April, 2023

Pay & Salary - Product Manager - Digital Banking

Salary Range (thousands per year)* €40k - €90k

Salaries vary by employer, location, duties, role, and experience.

Data Source(s):
Clark / Morgan McKinley/ Lincoln/ Azon/ Prosperity.ie

Last Updated: July, 2024

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

View Salary information from Indeed.ie
Note: data not aways available

Labour Market Updates - Product Manager - Digital Banking

This information has been derived from the Solas National Skills Bulletin (2023).

Emloyment growth over the five-year period was negative for this occupation, with employment declining marginally between 2021 and 2022. Employment permits issued in 2022 related to fund and account managers. The data provides no evidence of issues in relation to this occupation.

Useful Contacts - Product Manager - Digital Banking

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