What You Will Do:  

• Provide guidance and advanced-level matrixed leadership.    

• Establish strategic product roadmaps and long-term vision that support goals and deliver value to customers.   

• Articulates core value proposition of the solution, identifying individual feature benefits to support value proposition fulfillment. Represent product value proposition and business viability to inform and influences senior-level support for fulfilling product vision.    

• Foster relationships with important partners and anticipates stakeholder and team needs to manage development process. Maintain clear understanding of the customer, their needs and effect of the product to their business.  

• Ensure delivery of quality product(s) and demonstrate advanced expertise in market problems addressed by assigned product set, representing the voice of the customer from product vision through product roadmap.   

• Responsible for the creative process of generating, developing, and curating new ideas.  

• Work with teams through the product lifecycle, including launch through retirement.  

• Execute product leadership responsibilities to identify potential cost-saving opportunities, resolve resource constraints, and support business activities through ensuring goals and client needs are met.   

• Manage product budget and leads development of funding and pricing strategies processes, including the business case develop for investment in product creation and launch.  

Qualifications:   

• Bachelor’s Degree or equivalent experience/Master’s Degree may be preferred with 10+ years of relevant work experience.  

• Experience with Agile methodologies required.

• Knowledge: Experience with principles in functional area, including Product Management disciplines and Agile methodologies. Advanced ability to translate our needs into value the product should deliver. General knowledge of department/ services, Reserve Banks, or System operations, procedures, and technologies.  

• Communications: Excellent communicator that exhibits creativity, experience with compliance, and collaboration to interpret results, develop communications and recommend improvements. Able to present information within all settings in a credible and influential manner. Communicate in a concise, direct, and purposeful way. Experience working with anticipated audiences in a service-oriented manner.  

• Risk Management: Responsible for understanding and applying risk management discipline in decision-making and contributing to your function’s risk

• Decision-making: Works independently on broad assignments or under general directions as to scope or goals. Makes decisions within established or widely accepted standards. Achieve assigned/planned results by actions based on professional methods, training, business principles, and practical experience.  

• Product Manager certification preferred.  

Other Requirements and Considerations:

• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. · If you need assistance or an accommodation due to a disability, please notify [email protected]. 

• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.). 

• Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status. 

• The national hiring range for the Senior Innovation Product Manager is $132,200-$181,830 annually. For candidates in certain markets (Boston, MA; Chicago, IL; Los Angeles, CA; New York City Metro Area, Philadelphia, PA; San Francisco, CA; Seattle, WA), the listed hiring and salary ranges may be adjusted based on your geographic location.  

• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications/experience.  

• Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by January 17, 2025. 

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