Associate Director, Product Management, RCM (All locations) Details

Associate Director, Product Management, RCM (All locations)

Finra - Rockville, MD

Employment Type : Full-Time

The Associate Director, Product Management leads a product team (typically 2-3) responsible for a specific product or set of products. This role works with a high level of autonomy and discretion. Responsibilities include leading the team’s research and product development efforts as well as implementation and execution of the product strategy, as well as managing and developing their team members. In addition, this role manages the various stakeholders and removes barriers for the team. Although the associate director manages a team and its work on a set of products, they may also have responsibility for their own products and all strategic and tactical work associated with designing and delivering the products within scope of responsibility. Essential Job Functions:

• People Management Establishes network within FINRA, begins to build internal and external networks
• Demonstrates understanding of performance bar and effectively applies to hiring decisions
• Effectively sets expectations and builds robust launch plans for new team members
• Provides regular coaching and feedback to direct reports to help grow individual functional skills and leadership capability, with support from senior managers
• Works with cross-functional leaders and experts to establish best practices and identify opportunities to improve the product development and delivery process
• Sets goals for individuals to achieve team or function level goals
• Continuously improves their knowledge of performance improvement management and holds team members accountable for performance
• Provides input into resource planning discussions

People Strategy

• Understands and communicates vision for team members
• Assesses behaviors and coaches direct reports to demonstrate FINRA values and PM behaviors in their role
• Identify talent needs to enable execution of product strategy

User Insight & Product Definition

• Develops deep understanding of the business and product areas within the product group, as well as the relevant data that can be used to inform key decisions
• Defines multiple products and/or complex products and identifies gaps and user needs by creating vision, strategy, and requirements documents for product(s)
• Utilizes available data or commissions new research to identify user needs
• Performs experiments and organizes primary research to uncover additional user value

Product Portfolio Management

• Develops, manages, and owns the product roadmap for multiple products and/or complex products
• Makes trade-off decisions for multiple products in a product group
• Demonstrates expertise across multiple products which facilitates discovery and drives enterprise capabilities
• Builds partnerships with relevant stakeholder teams
• Coordinates with interdependent teams and influences leadership to drive efficiencies
• 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 across multiple products and/or complex products by overseeing the development of requirements documents (user stories, acceptance criteria, use cases) for products or product releases
• 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 for their products
• Determines and monitors release goals, prioritization, implementation, and iteration plans for their products according to user value
• Resolves problems that are escalated during the process

Product Development

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

Launch

• Leads large and sometimes highly complex product launches by working with relevant stakeholders to develop launch plans
• Identifies, reviews, and resolves issues and blockers in partnership with team members that may delay the launch or impede the success of product(s)
• 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 and product group-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 group-level gaps, development opportunities, and if necessary, product end-of-life plans
• Represents team in product group-level discussions with stakeholders
• Attends business reviews, providing critical input and expert insights to inform the business cases, business strategy, and development of new products

Team Development & Continuous Improvement

• Provides coaching and guidance to more junior-level product management team members
• Works with cross-functional leaders and experts to establish best practices and identify opportunities to improve the product development and delivery process
• Follow, understand, and apply relevant industry trends, research, and best practices in technology and product management

Other Responsibilities: Additional responsibilities as assigned. Education/Experience Requirements: Minimum Qualifications

• Bachelor’s Degree in Business, Marketing, Engineering, Communications, or related field (or equivalent work experience in a related field)
• 7 years of experience in one or more of the following: product management, project management, business analysis, program management, or product marketing
• 5 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
• 2 years of supervisory/management experience
• Experience in the Financial Services industry
• Strong financial acumen
• Experience collaborating closely with senior leadership
• Experience providing guidance and direction to cross-functional resources

Working Conditions:

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

Compensation Range for Colorado locationsAnnual Salary: $98,500.00 - $178,700.00 To be considered for this position, please submit an application. 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 accommodation help line at 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations. Employees may be eligible for a discretionary bonus in addition to base pay. FINRA also provides a variety of benefits including comprehensive health and welfare benefits, life and disability insurance, paid holidays, vacation, personal, and sick leave. FINRA offers immediate participation and vesting in a 401(k) plan with company match. You will also be eligible for participation in an additional FINRA-funded retirement contribution, our tuition reimbursement program and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA. 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.