Healthcare Product Strategy & Innovation Leader

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

About This Job

The Senior Manager, Healthcare Product Management will lead Commerce's healthcare innovation strategy, product vision, ecosystem partnerships, and integration roadmap. This role is responsible for identifying market opportunities, shaping future-state healthcare financial solutions, and driving innovation across revenue cycle, payments, patient financial experience, and healthcare technology partnerships.

Essential Functions

• Define and help execute the product and integration strategy for the healthcare vertical, with a focus on embedding Commerce Bank solutions into client ecosystems
• Identify and execute opportunities to integrate with core healthcare platforms, including: Electronic Health Records (EHRs), Revenue Cycle Management (RCM) systems, and Patient engagement platforms
• Translate strategy into a clear, actionable roadmaps that prioritize product capabilities, integration, depth, and profitability
• Define and deliver capabilities that enable: seamless payment acceptance within patient and provider workflows, integrated billing, reconciliation, and reporting across RCM systems, and embedded patient financing and payment plan options within digital and point-of-service experiences
• Partner with both internal and external stakeholders to drive delivery of scalable, secure, and interoperable solutions
• Engage directly with large healthcare clients, technology partners, and platform providers to: understand integration needs and workflow challenges and validate solution design and usability
• Partner with Sales, Account Management, and Product teams to support go-to-market execution and client adoption of healthcare solutions
• Communicate strategy, progress, and outcomes to senior leadership through proactive reporting and communications
• Support investment prioritization for integration and platform capabilities
• Lead, mentor and motivate team members to implement the department strategy and manage department workflow with guidance on departmental projects/issues, and provide coaching and development opportunities appropriate to each direct report's individual needs
• Perform all necessary management functions, including hiring, evaluations, annual increase allocations and disciplinary action as required
• Communicate decisions, priorities and relevant information to team members effectively
• Support budget management, planning and expenditure
• Perform other duties as assigned

Work Schedule (Hybrid)

• Monday - Friday: 8:00 AM - 5:00 PM

Knowledge, Skills & Abilities Required

• Strong knowledge of healthcare revenue cycle operations, patient financial experience and engagement, and payments and financial workflows within healthcare ecosystems, including knowledge of best practices
• Ability to maintain an in-depth knowledge of pain points within the healthcare industry and revenue cycle management
• Proven track record of driving execution and delivering measurable business outcomes
• Ability to translate complex client environments into practical, scalable integration strategies
• Strong leadership and influencing skills across cross-functional teams
• Strong critical thinking skills with the ability to apply discretion and sound judgement to efficiently and effectively solve problems
• Ability to drive results and balance management of organizational risk and meeting goals of the business
• Strong leadership skills with ability to motivate team members and foster a positive team environment that gives way to collaboration and unified goals
• Outstanding interpersonal and relationship building skills with the ability to effectively communicate with all levels of the company, clearly expressing ideas and concepts both verbally and in writing
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Advanced level proficiency with Microsoft Word, Excel, Teams and Outlook  

Education & Experience

• Bachelor’s degree in Business, Healthcare Administration, Technology, a related field, or equivalent combination of education and experience
• 8+ years of experience in product management, healthcare payments, revenue cycle, or related areas required
• 3+ years experience with integrated or embedded financial or technology solutions required
• 4+ years of leadership or significant cross-functional leadership experience required
• Experience working with healthcare providers, EHR/RCM vendors, or fintech platforms strongly preferred

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Senior Manager, Product Management - Healthcare job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $158,000 to $187,500 annually. This position will be eligible for additional compensation through performance-based incentive plan(s) that will correspond to meeting performance goals.

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Must be eligible to work in the US without sponsorship now or in the future.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

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