Product Manager

Posted Yesterday
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Rockville, MD
93K-200K Annually
Mid level
Financial Services
The Role
The Product Manager is responsible for defining the vision and strategy for a product, managing its development process, and ensuring successful delivery. Key tasks include working on the product backlog, collaborating with stakeholders, conducting user research, and leading product launches while utilizing data to inform decisions.
Summary Generated by Built In

The Product Manager owns the vision and strategy, roadmap, and feature definition for a product within a product group. Responsibilities include writing stories to define outcomes and product requirements as well as planning and managing product features through the product development process. This role manages the product backlog while prioritizing work and making product-related decisions based on the needs and expectations of users and stakeholders. The individual in this role identifies and manages work independently while working closely with both internal and external partners. Although this role is responsible for end-to-end delivery of a product, which includes managing the product backlog and prioritizing work for the team, more day-to-day focus is placed on identifying key gaps in product features, capturing product requirements, and defining outcomes or key performance indicators (KPIs).

Essential Job Functions:

User Insight & Product Definition

  • Develops solid understanding of the business and product areas within focus, as well as the relevant data that can be used to inform key decisions
  • Defines the product and identifies gaps and user needs by creating a vision, strategy, and requirements documents for a product
  • Utilizes available data to identify user needs
  • Performs experiments and participates in primary research to uncover additional user value

Product Portfolio Management

  • Develops, manages, and owns the product roadmap at the product level
  • Makes trade-off decisions for a product
  • Demonstrates expertise within their product area
  • Builds partnerships with relevant stakeholder teams
  • Coordinates with interdependent teams
  • Builds and leverages solid working relationships with business and product stakeholders, UI/UX, architecture, and technology teams to facilitate product and user success
  • Participates in the intake process for their product domain

Product Planning & Prioritization

  • Leads the product planning process by developing requirements documents (user stories, acceptance criteria, use cases) for a product or product release
  • Maintains a prioritized backlog based on defined user value, aligning with product strategy and resource capacity; uses data and analytics to prioritize the product backlog appropriately
  • Works closely with UI/UX to set the direction for the design of the user experience of a product
  • Determines release goals, prioritization, implementation, and iteration plans for a product according to user value

Product Development

  • Facilitates the development process by reviewing demos with the technology team and validating acceptance criteria for the product
  • Provides UX/UI approval for the assigned product
  • Tracks development work and identifying bugs at a product level
  • Identifies issues that will keep the product from delivering on time or at the right level of quality, assesses alternatives to resolve, builds a plan for resolution, and communicates to leadership

Launch

  • Leads product launches by working with relevant stakeholders to develop launch plans for a product
  • Identifies issues and blockers that may delay the launch or impede the success of a product, and presents alternatives for resolution to leadership
  • Coordinates formal UAT where necessary
  • Develops product documentation and training materials for users in support of product launches
  • Tracks and reports on product launch metrics, utilizing feedback to drive associated actions and product iteration
  • Leads post-launch reviews and drives incorporation of feedback in future product releases

Operate

  • Works with internal and external teams and users to identify, classify, and resolve product-level user issues
  • Identifies new and innovative methods and metrics for tracking product success, works with the technology team to improve reports and monitoring
  • Works with stakeholder teams to actively monitor metrics
  • Tracks performance trends and gathers user feedback to determine product-level gaps, development opportunities, and if necessary, product end-of-life plans
  • Represents team in product-level discussions with stakeholders
  • Attends business reviews, supplying product/feature results as necessary; provides input into business cases when new products/features are being developed

Team Development & Continuous Improvement

  • Provides coaching and guidance to more junior-level product management team members
  • Follow, understand, and apply relevant industry trends, research, and best practices in technology and product management

Other Responsibilities:

  • Work performed in an office environment.
  • Extended hours may be required.

Education/Experience Requirements:

Minimum Qualifications

  • Bachelor’s Degree in Business, Marketing, Engineering, Communications, or related field (or equivalent work experience in a related field)
  • 5 years of experience in one or more of the following: product management, project management, business analysis, program management, or product marketing
  • 3 years of experience in product and/or experience management
  • Strong writing ability
  • Strong business acumen
  • Experience with Agile software development
  • Experience working cross-functionally in a large organization
  • Experience working closely with senior leadership
  • Experience translating data into quantifiable actions/deliverables

Preferred Qualifications

  • Master’s Degree in Business Administration or similar advanced degree
  • CSPO Certification
  • Experience in the Financial Services industry
  • Strong financial acumen

Working Conditions:

  • Work performed in an office environment.
  • Extended hours may be required.

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, and WA the chart below outlines the proposed salary range for the corresponding location. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and internal peer compensation comparisons.

CA: Minimum Salary $106,400, Maximum Salary $200,200

CO/HI/MN/VT*: Minimum Salary $92,500, Maximum Salary $166,800

IL*: Minimum Salary $101,800, Maximum Salary $183,900

Jersey City, NJ/NY, NY: Minimum Salary $111,000, Maximum Salary $200,200

MD/Washington, DC: Minimum Salary $106,400 Maximum Salary $191,800

WA: Minimum Salary $92,500, Maximum Salary $191,800

*Including positions performed outside the state but reporting to an office or manager in that state.

Candidates can expect salary offers that range from the minimum to the mid-point of the salary range. FINRA provides full pay ranges so that the candidate can consider their growth potential while at FINRA.

#LI-DNI

To be considered for this position, please submit an application. Applications are accepted on an ongoing basis.

The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.

Please note: If the “Apply Now” button on a job board posting does not take you directly to the FINRA Careers site, enter www.finra.org/careers into your browser to reach our site directly.

FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA's Employee Relations team at 240.386.4865 or by email at [email protected]. Please note that this process is exclusively for inquiries regarding application accommodations. 

Employees may be eligible for a discretionary bonus in addition to base pay. Non-exempt employees are also eligible for overtime pay in accordance with federal, state, or local law. As part of its dedication to employee wellness, FINRA provides comprehensive health, dental and vision insurance. Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal. FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement, commuter benefits, and other benefits that support employee wellness, such as adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs.

Time Off and Paid Leave*

FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program of 15 days of paid time off, 5 personal days and 9 sick days, unless otherwise required by law (all pro-rated in the first year). Additionally, we are proud to support our communities by providing two volunteer service days (based on full-time schedule). Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment). Full-time employees receive nine paid holidays.

*Based on full-time schedule

Important Information

FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.

You can read more about these restrictions here.

As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.

Search Firm Representatives

Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.

FINRA is an Equal Opportunity and Affirmative Action Employer

All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person’s relatives, friends or associates.

FINRA abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities.

FINRA abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans.

©2020 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.

The Company
Atlanta, GA
5,123 Employees
On-site Workplace
Year Founded: 2007

What We Do

FINRA is dedicated to investor protection and market integrity. Our team of highly trained professionals are passionate about protecting investors and ensuring financial markets remain fair by writing and enforcing the critical rules and regulations that govern more than 3,700 firms and 630,000 brokers across the country. Our ultimate goal is to foster robust, but fair and orderly, markets in which America’s 90 million investors can feel confident.

With more than 3,500 employees nationwide, FINRA is committed to a diverse, high-performance workplace. We recognize that it’s the hard work, passion and dedication of our team that makes FINRA the strong, successful organization it is. That’s why we offer a competitive compensation, benefits and services package.

And at FINRA, we offer more than just a job; we provide employees with the learning and educational tools needed to enhance their knowledge, talents and abilities—whether it’s an online course to enhance productivity or a seminar to maximize leadership skills.

At FINRA, we believe your work can be your passion.

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