Senior Product Manager #7102

Location: Riverwoods, IL UNITED STATES

Functional Area: Marketing

Min Pay Rate: $

Max Pay Rate: $

Pay Type: Year

Resource Type: Full Time

Job Description:
Basic Function


Within the Product Management department, this position develops and implements a strategic product plan for cash access. This product plan should reflect a compelling and unique product offering that is attractive to existing and prospective issuer clients, utilizing the technical infrastructure of ATM Networks and banks.



The position will lead a cross-functional team, including issuing client(s) and internal departments (Pulse, Branding, Sales, Operations, BT, Law Division, Pricing) in the development and execution of the product. Following mature product development, the position manages the project with an awareness of competitor offerings and identifies strategic opportunities to enhance the product.



Position regularly manages high-visibility, cross-functional teams toward specific goals.



Essential Functions


1.Creates the strategic product plan for Cash Access and Cash Over:

-Analyzes competitor offerings to determine what is available in the marketplace

-Conducts market research to enhance customer needs and expectations

-Leverages operational, Sales, and Pulse knowledge of ATM?s, debit and in-lobby cash advances to determine strategy

-Designs a compelling product offering that differentiates the network

-Works with the Pricing Department to ensure that product is priced appropriately

-Develops a communication strategy for affected parties (ATM networks, banks, issuers)

-Documents strategy into a cohesive plan



2.Assists with issuer, ATM and bank sales efforts:

-Creates effective marketing collateral

-Creates and executes applicable promotions

-Presents product plan to issuers for buy in



3.Manages the development of the product to completion and distribution:

-Manages cross-functional team execution including clients (issuers, Pulse, Operations, Sales, etc.)

-Creates a thorough implementation plan

-Within a specified timeframe and budget, implements the actual product offering

-Follows appropriate systems development processes to ensure on time and thorough delivery of business requirements



4.Leads a cross-functional team consisting of issuer clients and internal departments:

-Assists client with making product operational

-Regularly assists all parties in providing relevant information and answering questions



5.Manages the mature product on an ongoing basis:

-Manages the product P&L

-Develops meaningful and accurate reporting to denote product progress

-Ensures accurate interchange is passed to issuer client/fees assessed

-Stays abreast of industry trends to enhance product if necessary



6.Through dotted-line reporting structures, assists more junior level product managers with strategic direction of their products




SKILLS
Required:
?Bachelor?s degree required, master?s degree strongly preferred

?Ability to conceptualize and communicate strategic approaches and goals

?Strong leadership ability to drive team to a consensus and manage broad groups without direct authority

?Command of details but with ability to synthesize into holistic picture

?Ability to guide and work with teams in line with the Discover values is paramount

?Aptitude for research and evaluation of market offerings

?Ability to work closely with other departments in the direction and use of their resources toward goals

?Ability to structure, prepare, and as required, communicate the presentation of product plan to executive-level management

?Fast evaluation and decision-making skills necessary, along with the ability to articulate defined requirements

?Ability to understand relationship and contractual issues with major players

?Experience with developing BT projects to completion is preferred

?Ability to understand product of highly technical nature

?Strong PC competency (spreadsheets, word processing, presentation software, Internet) required. Ability to complete exceptional PowerPoint documents is critical.

?Seven or more years industry experience



Desired:


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