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Director, Product Management - Enterprise & Financial Solutions

FINRA, Rockville, MD, United States


The Director, Product Management leads a product team (typically 5‑10) responsible for a specific product group. 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 group strategy, as well as managing and developing their team members. This role develops a comprehensive product strategy, oversees the roadmap and backlog, and establishes the key performance indicators for a specific product group. In addition, the Director, Product Management develops and presents detailed business cases to senior executives and leads business reviews to ensure that the team prioritizes the right work and delivers the most customer value in the fastest time possible. Although the director manages a team and its work on a set of products, they also may 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

Continuously builds network of talent inside and outside of FINRA

Demonstrates and differentiates performance bar across multiple levels and applies to hiring decisions

Creates mechanisms to help onboard all new talent to organization, mentor others

Effectively coaches and gives feedback to direct reports to help develop talent and support career development

Works with cross-functional leaders and experts to establish best practices and identify opportunities to improve the product development and delivery process

Sets and balances goals across team to optimize performance against organization goals and employee development

Applies performance standards to team

Identifies resource needs for team

People Strategy

Describes strategic importance of vision inside and outside of team

Sets and articulates expectations around FINRA values and PM behaviors for team, models behavior and exemplifies FINRA values and PM behaviors

Identify talent needs to enable execution of product strategy

User Insight & Product Definition

Develops deep understanding of the business and product areas across the product domain, as well as the relevant data that can be used to inform key decisions

Defines multiple large, cross-functional and/or highly complex products, often spanning multiple product groups, and identifies gaps and user needs by creating vision, strategy, and requirements documents for products

Utilizes available data or commissions new research to identify user needs

Performs experiments and organizes primary research to uncover additional user value

Provides strategic input into the process of defining a group of products across product domains, utilizing expertise on market trends to determine how to best meet user needs

Product Portfolio Management

Develops, manages, and owns the product roadmap for multiple large, cross functional and/or highly complex products

Makes trade‑off decisions for multiple products or product groups

Demonstrates expertise across multiple products and understands company‑wide assets 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

Owns and participates in the intake process for their product domain

Product Planning & Prioritization

Leads the product planning process across multiple large, cross functional and/or highly 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

Collaborates with senior leadership to identify strategy that spans product groups; working with relevant stakeholders to identify barriers or potential long‑term consequences of plans across product groups

Product Development

Facilitates the development process by reviewing demos with the technology team and validating acceptance criteria for multiple large, cross functional and/or highly complex products

Provides UX/UI approval for their 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 often 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 domain‑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

Builds and maintains relationships with key industry thought leaders to improve vision and improve product success

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

Builds and maintains relationships with key industry thought leaders to improve vision and improve product success

Demonstration of FINRA’s values

Collaboration, both in‑person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity

Workday Adaptive Experience Preferred Experience with the Workday Adaptive Experience platform is preferred.

Other Responsibilities

Additional responsibilities as assigned

Education/Experience Requirements Bachelor’s Degree in Business, Marketing, Engineering, Communications, or related field (or equivalent work experience in a related field)

Minimum Qualifications

10 years of experience in one or more of the following: product management, project management, business analysis, program management, or product marketing

7 years of experience in product and/or experience management

5 years of leadership experience with direct report responsibility

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

Experience collaborating closely with senior leadership

Experience providing guidance and direction to cross‑functional resources

Working Conditions

Hybrid work environment, with defined in‑person presence requirements.

Extended hours may be required.

Salary Range For work that is performed in CO, FL, TX, IL, PA, MA, MD, VA, Washington, DC, NY and NJ, please refer to the chart below for the salary range for the corresponding location. FINRA complies with all state and local pay transparency laws and regulations requiring the disclosure of salary ranges for the position. 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 market considerations.

CO/FL/TX: Minimum Salary $134,400, Maximum Salary $260,400

IL/PA: Minimum Salary $147,600, Maximum Salary $286,500

MA/MD/VA/Washington, DC: Minimum Salary $154,400, Maximum Salary $299,600

NY/NJ: Minimum Salary $154,400, Maximum Salary $312,600

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

Employment Information 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, 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.

Equal Opportunity Employer FINRA is an Equal Opportunity Employer. All qualified applicants receive consideration for employment without regard to any legally protected category, including race, color, age, national origin, ethnicity, religion, disability, genetic information, military or veteran status, sex, or any other status or classification protected by state or local law.

Accommodation for Applicants with Disabilities 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 EmployeeRelations@FINRA.org. Please note that this process is exclusively for inquiries regarding accommodations in the application process.

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