Manager - Product Management

Ally - Lansing, MI

Full-time - Mid Level

Onsite - Lansing, MI

Printing and Related Support Activities

About the position

The Manager of Product Management at Ally Financial is responsible for leading a team of associate product managers, driving innovation, and overseeing the product management process. This role involves collaborating with cross-functional teams to define product strategies, prioritize features, and ensure successful product launches. The manager will provide mentorship and support to team members while representing customer interests and analyzing market trends to enhance product capabilities.

Responsibilities

• Influence analytical and data-driven functions with extensive deep dives into current strategies and recommend strategic direction.
• Propose strategies to enhance current capabilities impacting all product life cycle stages.
• Take ownership of all aspects of the development and implementation of assigned projects and provide a single point of contact for those projects.
• Provide technical and analytical guidance to project team.
• Lead and develop a team of product managers, providing guidance, mentorship, and support to drive their professional growth and development.
• Define and implement the product roadmap, aligning it with the business overall strategic goals and objectives.
• Collaborate with cross-functional teams, including engineering, design, marketing, and sales, to capture requirements, prioritize features, and ensure successful product launches.
• Conduct market research and competitive analysis to identify market trends, customer needs, and opportunities for product innovation.
• Define and track key product metrics to measure the success and impact of product initiatives.
• Work closely with collaborators to gather feedback, address concerns, and ensure customer satisfaction.
• Stay up to date with industry trends and standard processes in product management and share knowledge and insights with the team.
• Work closely with the product development team(s) providing guidance regarding scope, release content, priority.
• Support the product development activities as required (e.g. journey & user mapping, sprint planning & grooming, ideation sessions, etc.).
• Stay apprised of new technologies and data initiatives and recommend their integration into the product roadmap.
• Play key role with the process of generating, developing, and curating new ideas brought by the business/customers/collaborators.
• Provide data and analysis to develop value models, valuation, and Total Cost of Ownership (TCO) for possible new features and functionality.
• Oversight of the release cadence and delivery of the product's critical initiatives from idea intake through deployment and release to the market.
• Provide a key role in facilitating the Go to Market activities for new products or services.
• Plan and communicate product roadmap priorities and strategies to key team members.
• Recommend the nature and scope of present and future product improvements through deep analysis, understanding customers' competitive landscape, reviewing products specifications and requirements.
• Identify and maintain product dashboard to monitor real-time product health, product baselines to validate feature release goals/values.

Requirements

• Bachelor's degree in Business, Computer Science, or a related field; MBA or advanced degree is a plus.
• Minimum of 5 years of experience in product management, with at least 2 years in a leadership or managerial role.
• Solid understanding of the product development lifecycle and experience in agile methodologies.
• Proven track record of successfully launching and handling products from conceptualization to market.
• Excellent leadership and team management skills, with the ability to motivate and inspire a team.
• Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
• Excellent communication and social skills, with the ability to collaborate optimally with cross-functional teams.
• Strong organizational and project management skills, with the ability to prioritize and lead multiple projects simultaneously.
• Flexible and adaptive to changing situations.
• Strong relationship building skills and experience operating within a matrix organization.
• Independent worker with strong time management skills.
• Negotiation/conflict resolution skills.
• Project management skills Initiative to discover innovative ways for continuous improvement.
• Creative problem solver.
• Strong presentation skills, including ability to articulate complex problems in simple manner.

Benefits

• Competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
• Industry-leading 401K retirement savings plan with matching and company contributions.
• Student loan and 529 educational assistance programs.
• Tuition reimbursement and other financial well-being programs.
• Flexible health and insurance options including dental and vision.
• Pre-tax Health Savings Account with employer contributions.
• Total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
• Adoption, surrogacy, and fertility support.
• Parental and caregiver leave.
• Back-up child and adult/elder day care program and childcare discounts.
• LifeMatters® Employee Assistance Program.
• Subsidized and discounted Weight Watchers® program and other employee discount programs.