Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are deeply rooted in the communities we serve, committed to social responsibility, and investing in our communities. Our team members are our greatest asset, and we continually invest in their growth and development through various Impact Network Groups.

We are seeking a Card Payments Product Manager responsible for delivering a modern, compelling roadmap for our credit and debit card products. This role involves developing, prioritizing, and managing the execution of innovative products, features, and services that enhance customer experience and drive business success across personal and small business segments. Collaboration with other product teams and key stakeholders will be essential.

This guide on Interview Query will help you navigate the interview process for this exciting opportunity at Old National Bank.

Submitting Your Application

The first step is to submit a compelling application that reflects your technical skills and interest in joining Old National Bank as a Product Manager for Card Payments. Carefully review the job description and tailor your CV according to the prerequisites.

Tailoring your CV may include identifying specific keywords that the hiring manager might use to filter resumes and crafting a targeted cover letter. Furthermore, don’t forget to highlight relevant skills and mention your work experiences.

Recruiter/Hiring Manager Call Screening

If your CV happens to be among the shortlisted few, a recruiter from the Old National Bank Talent Acquisition Team will make contact and verify key details like your experiences and skill level. Behavioral questions may also be a part of the screening process.

In some cases, the Old National Bank hiring manager for the product manager role may stay present during the screening round to answer your queries about the role and the company itself. They may also indulge in surface-level technical and behavioral discussions.

The whole recruiter call should take about 30 minutes.

Technical Virtual Interview

Successfully navigating the recruiter round will present you with an invitation for the technical screening round. Technical screening for the Product Manager role usually is conducted through virtual means, including video conference and screen sharing. Questions in this 1-hour long interview stage may revolve around Old National Bank’s product management strategies, competitive environments, and product roadmaps.

Depending on the seniority of the position, case studies and similar real-scenario problems may also be assigned. Your proficiency in managing product performance, developing marketing plans, and coordinating cross-functional teams may also be assessed during the round.

Onsite Interview Rounds

Followed by a second recruiter call outlining the next stage, you’ll be invited to attend the onsite interview loop. Multiple interview rounds, varying with the role, will be conducted during your day at Old National Bank offices. Your technical prowess, strategic thinking, and stakeholder management capabilities will be evaluated against the finalized candidates throughout these interviews.

If you were assigned take-home exercises, a presentation round may also await you during the onsite interview for the Product Manager role at Old National Bank.

Quick Tips For Old National Bank Product Manager Interviews

• Understand the Payments Landscape: Old National Bank focuses a lot on credit and debit card products. Familiarize yourself with the latest trends and competitive environments in the banking retail payments industry.
• Showcase Collaboration Skills: The role requires a high level of collaboration with other product teams and stakeholders. Be prepared to discuss examples of how you've successfully managed cross-functional projects.
• Data-Driven Decision Making: Emphasize your ability to use data for product performance measurement and strategy development. Be ready to share specific examples where you've used data analytics to drive product decisions.

Typically, interviews at Old National Bank vary by role and team, but commonly Product Manager interviews follow a fairly standardized process across these question topics.

• Write a function to merge two sorted lists into one sorted list. Given two sorted lists, write a function to merge them into one sorted list. Bonus: What's the time complexity?

• Write a function to find the maximum number in a list of integers. Given a list of integers, write a function that returns the maximum number in the list. If the list is empty, return None.

• Write a query to get the top 3 highest employee salaries by department. Given the employees and departments table, write a query to get the top 3 highest employee salaries by department. The output should include the full name of the employee, the department name, and the salary, sorted by department name in ascending order and salary in descending order.

• Write a function to combine sorted integer lists into one sorted list. Given a list of sorted integer lists, write a function sort_lists to create a combined list while maintaining sorted order without importing any libraries or using the 'sort' or 'sorted' functions in Python.

• Write a function to swap nodes in a singly linked list. Given the head of a singly linked list represented as a ListNode, and two zero-indexed positions x and y, write a function swap_node which swaps the positions of nodes x and y and returns the new head. Note that you cannot simply swap the values of these nodes; you must swap these using pointer manipulation.

• How would you investigate a decrease in credit card payment amounts per transaction? You work for a financial company and notice that the credit card payment amount per transaction has decreased. How would you investigate the cause of this change?

• How would you build a strategy to find the best small businesses to partner with? You are a credit card company looking to partner with more merchants. You have 100K small businesses to reach out to but can only contact 1000. How would you strategize to identify the best businesses to approach?

• What features would you include in a model to predict a no-show for pizza orders? Imagine you run a pizza franchise and face a problem with many no-shows after customers place their orders. What features would you include in a predictive model to address this issue?

• How does random forest generate the forest, and why use it over logistic regression? Explain the process by which random forest generates its forest. Additionally, discuss why one might choose random forest over other algorithms such as logistic regression.

• How would you build a fraud detection model with a text messaging service for a bank? You work at a bank that wants to build a model to detect fraud on its platform. The bank also wants to implement a text messaging service that will text customers when the model detects a fraudulent transaction, allowing them to approve or deny the transaction via text response. How would you build this model?

• What is the relationship between PCA and K-means clustering? Describe the relationship between Principal Component Analysis (PCA) and K-means clustering.

What is the average salary for a Product Manager at Old National Bank?

Q: What are the key responsibilities of a Card Payments Product Manager at Old National Bank?

The Card Payments Product Manager at Old National Bank is responsible for managing and developing debit and credit card products, creating a compelling roadmap, collaborating with internal teams and third-party partners, and delivering an outstanding customer experience. This role involves product development, execution, promotion, performance analysis, and regular engagement with key stakeholders.

Q: What is the interview process like for the Product Manager position at Old National Bank?

The interview process at Old National Bank typically includes an initial screening call with a recruiter, followed by technical and behavioral interviews with the hiring manager and team members. You may also be asked to discuss specific past experiences, showcase your problem-solving skills, and elaborate on your understanding of the banking and payments industry.

Q: What qualifications are required to apply for the Product Manager role at Old National Bank?

Candidates should have at least 2+ years of experience in the banking retail payments industry or related product management, strong decision-making and communication skills, excellent writing ability, and a BA in business, marketing, or a related field.

Q: How does Old National Bank support the growth and development of its employees?

Old National Bank invests in employee growth and development by offering certification and education support, generous benefits, Impact Network Groups, and numerous opportunities for career growth within the organization.

Q: What is the company culture like at Old National Bank?

Old National Bank boasts a culture that is optimistic, collaborative, inclusive, agile, and ethical. The company is deeply committed to social responsibility and values diversity, equity, and inclusion, making it a great place to work and grow your career.

Old National Bank offers a compelling opportunity to join their dedicated team as a Card Payments Product Manager, driving the success of their credit and debit card products. With a history dating back to 1834 and a commitment to fostering community connections, Old National Bank is a regional powerhouse with $48 billion in total assets. They prioritize the development and growth of their team members, offering a range of benefits and support for career advancement.

If you're ready to take on a highly collaborative role that focuses on delivering outstanding customer experiences and driving business success, explore the wealth of resources and insights available on Interview Query's Old National Bank Interview Guide. This guide covers many potential interview questions and provides strategic guidance to help you prepare thoroughly. At Interview Query, we give you the tools and confidence to excel in your interviews and secure your dream job.

Good luck with your interview, and we hope to see you join the Old National Bank team soon!