Michael McGarry

Business Development / Co-Branding / Customer Engagement / Relationship Management / Credit Cards

Wilmington, Delaware, United States

About

The credit card industry has been good to me. I have spent my career either working for the credit card companies or marketing to them. Along the way, I have built and worked with some amazing teams, identifying opportunities and solving problems. For example, regulators were not happy with the non-prime credit cards my bank was issuing. I wrote a business plan and designed a near-prime credit card product that would be profitable without the risk of holding a lot of receivables. Working collaboratively with a cross-functional team, we developed a decisioning engine and worked with an outside agency to drive traffic to our new website The new product was profitable within the year. And it passed all regulatory audits. Being part of a team that is driven to make an impact on the projects the team is working on is very important to me. I enjoy building relationships and gaining an understanding of partner objectives, then helping my team and partners exceed their goals. In this stressful Covid period, I take my hat off to First Responders. They put their lives on the line every day to help others – and I really admire that. Skills Project & Partnership Management / Digital Marketing & Advertising / Campaign Strategy & Design / Customer Engagement & Retention / Portfolio & Vendor Management / Product Development / Risk Management & Mitigation

Experience

  • ECM Direct Mail Manager at Barclaycard
    May 2021 - Present · 5 yrs 2 mos

  • Business Development, Account Manager at Remline Promotional Marketing
    2018 - Nov 2019 · 1 yr 11 mos

    • Focused on new business development for promotional products like branded apparel, pens, and hats marketed to financial institutions. • Developed over $200K in new business within 18 months. Negotiated and closed a deal with top-5 bank to become approved supplier for promotional products.

  • VP, Business Development at Aspire Lifestyles
    2014 - 2017 · 3 yrs

    • Identified partners for Aspire Lifestyles Concierge loyalty products and services, concentrating on US and Canadian financial institutions. Met with C-level executives to improve Mass Affluent and High Net Worth customer experience. • Increased Aspire Lifestyles revenue through marketing efforts and new product development.

  • Major Account Executive II at TransUnion
    2012 - 2014 · 2 yrs

    • Increased revenue by $400K by developing co-branding relationship with a US bank with a built-in ability to prescreen customers online for the co-branded credit card in the background. • Negotiated contracts to ensure timely delivery of new initiatives. Leveraged market knowledge and expertise to help bank and partners maximize ROI.

  • First Vice President, Business Development at JPMorgan Chase & Co.
    2011 - 2012 · 1 yr

    • Marketed co-branded credit card partnerships with travel & entertainment and retail. Collaborated with automotive Line of Business to expand private label partnerships in US and Canada.