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Manager II, Product Innovation (Real Estate Lending)

Navy Federal Credit Union
United States, Virginia, Winchester
Aug 12, 2025

Overview

The Manager II provides leadership to leaders and/or professionals and is accountable for the performance and results of multiple related teams across Real Estate Lending (REL). Decisions are guided by division objectives. The Leadership impacts the business results of a division by collaborating across (REL) to bring the REL strategy to life by delivering new and innovative ways to help our members residential finance needs through new and existing products and services. defining priorities, identifying resources, and developing policies and plans. The Manager I/II - Product Innovation is responsible for directing a comprehensive product strategy from product conception and definition through end of life and collaborating across all of Navy Federal to optimize our market & member share, competitive positioning, and credit risk.

Responsibilities

  • Functions as a central resource with design, development, quality, test, marketing and distribution as the product(s) move through their lifecycle
  • Collaborates to reinforce REL's strategic choices to those involved in the design, modification and evaluation of all phases of a specific product or group of products
  • Formulates and executes long-term plans for cost/ROI, member and market share, and a sophisticated member experience.. Promotes use of new technologies and industry-leading trends through Data Science & AI
  • Monitors macroeconomic indicators and tracks housing and mortgage/ equity market related trends. Proactively scans industry news and regulatory changes to identify emerging opportunities and risks. Works with REL's and enterprise analytics teams to assess the implications of these trends on REL's product strategy, market positioning, and portfolio performance
  • Collaborates across all of Navy Federal to optimize our market & member share, competitive positioning, and credit risk
  • Understands competitors' strategies, products, and positions and external economic factors to drive a competitive edge for our members across REL

Qualifications

  • 6+ years of experience in Product R&D, Innovation Management, and/or rapid prototype testing, with a strong emphasis in the mortgage and equity originations and servicing domains of expertise.Collaborative, entrepreneurial thinker who stays on top of the latest industry trends and emerging technologies
  • Advanced research, analytical and problem solving skills
  • Understanding of REL's products, market positions, membership, and mission is strongly desirable
  • Familiarity with Design Thinking methodologies is desirable
  • Experience researching and socializing state of the art technologies
  • Bachelor's degree or equivalent work experience, MBA or equivalent desired

Hours: Monday - Friday, 8:00AM - 4:30PM

Locations: 820 Follin Lane, Vienna, VA 22180 | 141 Security Drive, Winchester, VA 22602 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 | 9999 Willow Creek Road, San Diego, CA 92131

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. * Best Companies for Latinos to Work for 2024 * Computerworld Best Places to Work in IT * Forbes 2025 America's Best Large Employers * Forbes 2024 America's Best Employers for New Grads * Forbes 2024 America's Best Employers for Tech Workers * Fortune Best Workplaces for Millennials 2024 * Fortune Best Workplaces for Women 2024 * Fortune 100 Best Companies to Work For 2025 * Military Times 2024 Best for Vets Employers * Newsweek Most Loved Workplaces * 2024 PEOPLE Companies That Care * Ripplematch Recruiting Choice Award * Yello and WayUp Top 100 Internship Programs From Fortune. 2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union. Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran. Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
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