CVS Health

On-site Owned and Operated (O&O) Product Manager - CVS Media Exchange (CMX)

CVS Health$66K — $159K *
Consumer Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in product management focusing on digital advertising and retail media
  • Hands-on experience with onsite advertising products like Display and Sponsored Brands
  • Strong knowledge of GAM and inventory management
  • Proficient in data analysis and visualization using SQL, Python, Tableau, and Looker

Responsibilities

  • Develop and refine the onsite advertising product roadmap focusing on performance
  • Optimize onsite inventory strategy, including placement and monetization
  • Act as a subject matter expert on ad serving and platform capabilities
  • Collaborate with cross-functional teams to enhance platform performance
  • Enhance auction dynamics and ad relevance in search and browse experiences
  • Create dashboards in Tableau, Looker, and Power BI to monitor performance metrics
  • Utilize data insights to guide product decisions and performance analysis

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Paid time off and wellness programs
  • Retirement savings options
  • Support for the physical and emotional well-being of employees and their families
Full Job Description
Position Summary

CVS Media Exchange [CMX] is dedicated to driving measurable outcomes for our suppliers, merchants, stores, GMs, brand advertisers, and agencies. Our full-funnel ad solutions leverage CVS's in-store and online data, extensive reach, and to provide measurable results for our clientele. With a range of flexible pricing and buying models, including self-service; these solutions help businesses build brand awareness, engage with CVS consumers, and convert CVS consumers to shoppers.

As the Onsite Product Manager, you will partner with the O&O (Owned and Operated) team to drive the development, execution, and continuous optimization of onsite display and sponsored advertising experiences, including Sponsored Products and Sponsored Brands. This role is critical to expanding CMX's onsite monetization capabilities, improving ad relevance and performance, and driving measurable outcomes for advertisers. You will work closely with engineering, ad operations, sales, and data science to build scalable, high-impact solutions across CMX's onsite surfaces.

Responsibilities include, but not limited to:
  • Contribute to and help evolve the onsite advertising product roadmap, including display and sponsored formats (Sponsored Products and Sponsored Brands), with a focus on performance and scalability
  • Support the development and optimization of onsite inventory strategy, including placement design, ad formats, and monetization approaches across key surfaces
  • Act as a supporting subject matter resource for onsite ad serving and platform capabilities, leveraging working knowledge of GAM (ad units, key-values, targeting, yield optimization)
  • Partner with cross-functional teams to improve platform performance and scalability, including trafficking workflows, targeting capabilities, and reporting accuracy
  • Assist in advancing auction dynamics, ranking logic, and ad relevance, including integration across search and browse experiences
  • Deploying interactive dashboards and visualizations using Tableau, Looker, and Power BI to track performance metrics and KPIs; defining and monitoring key performance indicators (KPIs) for engagement and monetization, and creating benchmarks against industry standards.
  • Utilizing data analysis tools and languages including Excel, SQL, R and Python, and data visualization tools including Tableau, Looker and Power BI.
  • Leverage data and measurement insights to support product decisions, including experimentation, performance analysis, and attribution alignment.


Location: This role can be based remotely in the U.S. or near one of our Corporate Hubs.

If you are commutable to one of the following Corporate Hubs, you must work in the office 2 or more days a week:

Wellesley, MA

Woonsocket, RI

New York Soho area, NY

Chicago, IL

Required Qualifications
  • 5+ years of product management experience within digital advertising, retail media, or AdTech, including hands-on experience with onsite advertising products, including Display, Sponsored Products and/or Sponsored Brands. Experience working cross-functionally with Ad Ops, Engineering, and Sales teams
  • Experience with working knowledge of GAM, including inventory structure, key-values, targeting, and trafficking workflows
  • Experience utilizing data analysis tools and languages including Excel, SQL, R and Python, and data visualization tools including Tableau, Looker and Power BI.


Preferred Qualifications
  • Experience working with retail media networks and understanding of onsite monetization strategies
  • Familiarity with auction-based systems, relevance/ranking logic, and performance optimization
  • Strong analytical skills with experience using performance metrics to guide product decisions
  • Leverage data and measurement insights to support product decisions, including experimentation, performance analysis, and attribution alignment.
  • Agility & Self-Starter: Demonstrated ability to adapt swiftly to evolving priorities and challenges. Proactive in identifying and driving projects forward independently within a fast-paced environment.
  • Cross-Functional Leadership: Demonstrated ability to work collaboratively across departments, resolve complex conflicts, and lead cross-functional projects. Excellent communication skills, with the ability to translate complex technical concepts for business audiences.
  • Customer Focus: Passionate about understanding user behavior, advertiser needs, and trends in digital advertising to deliver a product that meets both client and consumer expectations.
  • Experience with analytics tools and A/B testing methodologies is highly desirable.


Education

Bachelor's degree in Business, Marketing, Computer Science, or related field OR equivalent (4 years' experience and High School Diploma/GED) required

MBA or relevant Master's degree preferred

Anticipated Weekly Hours
40

Time Type
Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $159,120.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 07/31/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Stay Connected

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Search CVS Health Jobs

Don’t just look for a job. Look for a place where you can be a part of something bigger. Visit our careers page to find the position that’s right for you and join a team that values innovation and leadership in healthcare.

READ CAREERS BLOG

Stay ahead in your career with insights from those who know CVS Health best – our team. Learn from their experiences and get insider tips that can help you succeed in your next interview, craft a standout resume, and build a career you’re proud of at CVS Health.
Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

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