Comerica Incorporated

Product Management Team Leader

Comerica Incorporated • $130K — $180K *
San Francisco, CA 94112In-Person
Consumer Technology
5 - 7 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • 5-10 years of experience in product management or related field
  • Proven expertise in market research and financial analysis
  • Strong understanding of product life cycle and management
  • Experience leading cross-functional teams and managing staff
  • Excellent communication skills, capable of presenting to various stakeholders

Responsibilities

  • Serve as market expert for assigned products through research and customer engagement
  • Define market problems using analysis of data and technology assessments
  • Develop and implement product roadmaps and business plans to address market needs
  • Monitor product life cycle and recommend marketing strategies to enhance sales
  • Create market messaging and internal training materials for product promotion
  • Continuously evaluate economic conditions affecting assigned products
  • Lead cross-functional teams for product initiatives and manage staff effectively

Benefits

  • Professional development opportunities
  • Collaborative work environment
  • Health, dental, and vision insurance options
  • Flexible work arrangements
  • Generous paid time off policy
Full Job Description
Product Management Team Leader

Responsible for ensuring assigned product(s) is relevant, sold properly, and is managed to a positive customer experience as it relates to sound infrastructure and integrity levels. Responsible for the management of assigned product(s), including market research, financial analysis, product planning, product development and implementation, and coordination of sales and marketing strategies, objectives and programs. Product profitability, management of risk, evaluation of product performance and measurement of results are key components of this position. Serve as subject matter expert on suite of products. Manages a staff of Product Managers and oversees management of several TM products.

Position Responsibilities:

Roadmap Management
  • Serve as a market expert for assigned product(s) through research (internal and external), discovery, validation and customer interactions and presentations, white papers, etc.
  • Define market problems by gathering and analyzing market, customers, non-customers and potential customer information; understanding product, position, competition and SWOT; and through technology assessment and win/loss analysis.
  • Develop solutions through strategic planning, including product roadmap and business plan development; profitability, pricing and positioning assessment; understanding customer buying process, buyer/user personas and use scenarios; develop solution requirements; represent voice of customer throughout requirements, design and development process; ensure solution addresses defined market problem(s) and aligns with solution development.
  • Manage products, monitor product life cycle, and recommend pricing and marketing strategies to improve profitability and/or reduce expense, and to enhance customer retention and acquisition.
  • Define, measure and manage product risk -Measure assigned product(s) success and communicate results.

Product Promotion/Advocacy
  • Create and own assigned product set's market message. Participate in development of go-to-market materials. Develop internal training materials and conduct training as necessary.
  • Conduct customer, non-customer and prospective customer interviews to gather user persona intelligence.
  • Monitor trends and customer adoption of assigned product(s).

Portfolio and Revenue Management
  • Continuously evaluate current economic conditions 20% and advise management of possible impact to assigned products.
  • Ensure profitability, competitive positioning and integration of assigned product(s) into sales planning and Annual Profit Plan -Develop and recommend pricing strategies that will result in meeting product objectives.

Product Initiatives
  • Research/define market problems for assigned product(s); investigate market opportunities and effect of existing products on market; evaluate ideas for new products; make recommendations for economically attractive products.
  • Perform discovery and validation of market problems, including interacting with customers, non-customers and potential customers.
  • Recommend criteria for testing newly developed products and enhancements to existing products.
  • Development and regular review of implementation workflows.

Partner with Operations area(s)
  • To ensure appropriate product stability.
  • To ensure an efficient escalation and resolution protocol is in place for production (system/operational) issues and outages.
  • For continuous improvement of production (system/operational) processes.
  • To evaluate/review customer complaints, concerns and suggestions relative to assigned product(s).

Manage staff of Product Managers
  • Ensure appropriate training.
  • Motivates staff to achieve department goals Conducts Performance Reviews.
  • Develop Talent.

Vendor Management
  • Participate in the contract negotiation process.
  • Manage the day-to-day relationship with strategic vendors.
  • Monitor Service Level Agreement performance.

Leadership
  • Lead cross-functional teams for key initiatives related to assigned product(s) to ensure successful and timely completion.

About Comerica Incorporated

Comerica Incorporated is a financial services company that provides banking, investment, and wealth management services to individuals, businesses, and institutions. The company was founded in 1849 and is headquartered in Dallas, Texas. Comerica operates in several states, including Texas, Michigan, California, and Arizona. The company offers a range of financial products and services, including checking and savings accounts, loans, credit cards, and investment management. Comerica is committed to corporate social responsibility and has implemented sustainable practices in its operations.
Learn more about Comerica Incorporated
Size
7,223 employees
Market Cap
$8.6 billion
Industry
Finance & Insurance
Net Income
$474 million
Founded
1849
5 Year Trend
-0.1%
NASDAQ
CMA
* Ladders Estimates

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