Lead Product Strategy Manager

2 weeks ago

Riverwoods, Illinois, United States Discover Full time
Join Discover as a Lead Product Strategy Manager

At Discover, we are committed to creating a brighter future through meaningful work from Day 1. Our collaborative environment thrives on three fundamental principles: We Play to Win, We Get Better Every Day, and We Succeed Together. We believe in nurturing your unique talents to help you shine in one of the world's foremost digital banking and payments organizations.

Key Responsibilities:

The Lead Product Strategy Manager is responsible for shaping the Product Vision at the Family level, driving business value and enhancing customer experiences while ensuring alignment and managing dependencies across teams within a Product Family and with cross-functional partners.

This role requires a servant leader who possesses deep knowledge, enabling them to identify patterns and trends without needing to dissect every detail. The ideal candidate will be recognized for their contributions to the profession beyond the company.


Core Duties:

1. Develop and maintain the Family Product Vision by collaborating with stakeholders on essential product considerations, aligning with product vision, features, and roadmap to support business unit objectives.

2. Utilize customer insights, feedback, financial data, compliance, and risk metrics to define product features and roadmap in collaboration with other subject matter experts, potentially expanding existing products or creating new ones to enhance customer experiences.

3. Lead the design, development, and execution of new product strategies, working cross-functionally to manage shared goals and priorities.

4. Establish Key Performance Indicators (KPIs) and Objectives and Key Results (OKRs) for the product team, ensuring alignment with senior leadership.

5. Create prototypes (e.g., MVPs, POCs) based on customer feedback to test, learn, and validate concepts before committing to larger-scale development.

6. Collaborate with Product Family Product Owners on prioritization and delivery to maximize Product Family Value.


At the Family Level:

Responsible for defining, guiding, and executing product-related activities throughout the entire product lifecycle, from strategy and roadmap definition to development and market readiness.

Set business objectives for the product development process and oversee execution as necessary, supervising product professionals and working with minimal oversight.

Validate user story acceptance criteria and ensure appropriate testing frameworks for product features are in place.

Monitor and analyze key product performance metrics, including financials and customer feedback trends, to develop and communicate findings and make strategic recommendations for performance improvements.


Qualifications:

Essential:
- Bachelor's Degree in Information Technology, Engineering, Business Administration, Finance, Mathematics, Economics, Statistics, or a related field.
- 8+ years of experience in Product Management or Engineering within the Financial Services or Tech Industry, or a related field.
- In lieu of a degree, 10+ years of relevant experience.

Preferred:
- 2+ years of people management experience.
- Agile Certification – Scrum Master or Scrum Product Owner.


Compensation and Benefits:

The compensation for this position is competitive and includes a range of benefits based on eligibility, including Paid Parental Leave, Paid Time Off, a 401(k) Plan, Medical, Dental, Vision, and Health Savings Account, among others.

Discover is dedicated to fostering a diverse and inclusive workplace, ensuring equal opportunity for all individuals.

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