Sr. Principal, AI/ML Product Strategy

$210,800 - $300,000/Yr

Lucid Group - Newark, CA

Full-time - Senior

Newark, CA

Professional, Scientific, and Technical Services

About the position

The Sr. Principal, AI/ML Product Strategy at Lucid is a pivotal role focused on defining and executing the product vision and strategy for AI and machine learning solutions within the luxury electric vehicle sector. This position requires a hands-on leader with extensive experience in AI/ML product management, responsible for aligning AI/ML initiatives with business objectives and delivering measurable value through innovation and operational efficiencies. The role emphasizes collaboration with cross-functional teams and stakeholders to ensure successful product lifecycle management and market alignment.

Responsibilities

• Lead the creation and execution of Lucid's AI/ML product strategy and roadmap to align with company goals, customer demands, and market/business needs.
• Engage with Lucid Leadership and key stakeholders to ensure alignment on the AI/ML product strategy and roadmap, including prioritized AI/ML initiatives, the value proposition, timelines, and budget requirements.
• Engage broadly within the organization to identify and prioritize high-value AI/ML business initiatives.
• Define KPIs for evaluating the success of AI/ML products based on business impact and feasibility.
• Build business cases for AI/ML products by calculating potential ROI, cost-benefit analysis, and identifying competitive advantages.
• Lead and own the product lifecycle from planning and product requirements to execution and continuous support, including monitoring and optimizing AI/ML product performance to maximize ROI.
• Collaborate with Data Science, Data Engineering, Cloud, Infrastructure and Commercial Teams to translate business needs into technical requirements, align on product positioning, and ensure customer feedback loops.
• Create prioritized business requirements and decision-making criteria to ensure timely delivery of AI/ML products.
• Keep effective communication with team members and stakeholders to ensure user and technical issues are promptly prioritized and resolved.
• Conduct market analysis to identify trends, opportunities, and competitive threats within the AI/ML and EV landscape.
• Stay informed on emerging AI technologies, tools, and methodologies to inform product strategies and roadmaps.

Requirements

• Advanced degree in Computer Science, Statistics, or related STEM field or bachelor's degree in computer science with 12+ years of experience.
• Experience in AI/ML product management, strategy, or a similar role leading software/data science teams.
• Proven track record of leading AI/ML projects that have delivered significant business impact and ROI.
• Highly technical with a solid understanding of AI/ML technologies, frameworks, and use cases.
• Deep understanding of software development for machine-learning products.
• Self-motivated and proactive, with demonstrated critical thinking capabilities.
• Technical experience to weigh tradeoffs and to have in depth discussions with scientists and engineers on the nuances of complex AI systems.
• Experience in an Agile Environment; creating a feature spec, turning it into user stories, setting and tracking KPIs.
• Experience with a programming language.
• Experience with AWS cloud environment.
• Experience working with financial metrics including the ability to prioritize initiatives based on business value, complexity, and resource requirements.
• Excellent communication skills with the ability to convey complex AI/ML concepts to both technical and non-technical Leadership and stakeholders.
• Strong leadership skills, capable of influencing and driving cross-functional collaboration between technical teams and non-technical teams.

Nice-to-haves

• Experience as Product Manager/Owner for AI/ML based SaaS, App design.
• Relevant experience in EV, Automotive, Transportation, Telematics, or IOT devices.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Vacation
• 401k
• Equity program participation
• Discretionary annual incentive program