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Product Manager - Search Technologies

Company: Federal Reserve Bank of Richmond
Location: Richmond
Posted on: September 24, 2022

Job Description:

CompanyFederal Reserve Bank of RichmondWhen you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We dedicate more than $1 billion to technology each year to support the Federal Reserve and our economy, and we're building a dynamic and diverse team for our future.Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth-along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.About the OpportunityOur National IT Consumable Developer Platforms team has an immediate opening for a Product Manager - Search Technologies to lead the Search product team that supports Enterprise Search products.As a Product Manager - Search Technologies, you will report to the Product Line Manager and oversee the the end-to-end lifecycle of one or more digital products. You will translate customer needs and uncover key problems your product can solve and establish the product's vision and strategy. You will set product goals, define product success, help motivate teams, and drive the product's vision to reality.What You Will Do:Coordinate with Product Line Manager and product delivery teams to support of the delivery of large-scale products. Establish strategic product roadmaps and long-term vision that support the business goals and deliver value to customers.Provide guidance and leadership to product team staff in areas focused on business-based product management associated with FRS technology products and solutions.Articulate the solution's core value proposition by identifying and using individual feature benefits. Represent product value proposition and business viability to inform and influences support for fulfillingLead a product team to deliver valuable and engaging solutions. Determine approach for managing products and the strategic direction of product progression to achieve goals.Continually manage entire product lifecycle including inception, planning, delivery and retirement, etc. Receive guidance from product leadership and business stakeholders.Manage individual contributors. Responsible for hiring, performance issues and appraisals, and pay reviews.Ensure delivery of quality product(s) and monitor the market to develop competitive analyses. Demonstrate expertise in market problems addressed by assigned product set, effectively representing the voice of the customer from product vision through product roadmap. Responsible for the creative process of generating, developing, and curating new ideas.Oversee the execution and adherence of policies, procedures and processes for NIT, ensuring the strategies and activities are consistent with the business objectives and goals.Manage product budget and lead development of funding and pricing strategies processes.Work with cross-functional teams through the product lifecycle, including launch through retirement. Collaborates with marketing, architecture and UX experts to design and implement various product adoption strategies for new and existing customers. Ensures all channels of product engagement from design through market adoption are equipped and enabled to maximize product success.Consult with Division management on divisional strategies and organization, leadership, and staff performance matters. Areas of activity include talent management through proper succession planning programs for key contributors, training and development programs to help position staff for success and more significant responsibilities and to enhance employee knowledge and understanding of the Federal Reserve System and National IT. Key participant in performing personnel actions (i.e., hiring, terminations, promotions, performance appraisal, and training).Participate in the department's resource management process. Plan and execute a course of action based on sound business decisions and works to effectively identify potential cost-saving opportunities and resolve resource constraints. Improves and supports business activities through ensuring objectives, goals and client needs are met.Create alignment across larger teams to empower independent decision making.Qualifications:Bachelor's Degree or equivalent experience/Master's Degree may be preferred with 10+ years of relevant work experience / 3+ years of management or supervisory experience.Product Manager certification strongly preferred.Knowledge of Search products and strategiesProduct management knowledge and expertise. Expertise in development and use of product roadmaps and product visions.Knowledge of and ability to lead within an agile environment; comfort leveraging agile lean portfolio management methods. Advanced business and financial acumen. Technical acumen and knowledge relevant to their product and team.Experience with relevant products. Possesses and applies a high degree of subject matter expertise; continually strives to build on this knowledge to produce results that meet customer needs and NIT goals and objectives. Advanced working knowledge of department/business lines, Reserve Banks, and / or System operations, policies, procedures and technologies.Demonstrated management-level expertise to effectively direct functions in in a rapidly growing business environment.Excellent organizational and communication skills, creativity, attention to detail (compliance), and negotiation skills to interpret results, develop communications and recommend improvements.Excellent customer service skills and demonstrated ability to interact with anticipated audiences in a courteous, service-oriented manner.Other Requirements and Considerations:A requirement of this position is that the employee must be fully vaccinated against COVID-19; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.Candidates should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.If you need assistance or an accommodation due to a disability, please notify .Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status.For candidates outside Richmond, VA, listed hiring and salary ranges may be adjusted based on your geographic location.Salary offered will be based on the job responsibilities and the individual's knowledge, skills, and experience as defined in the job qualifications.Applications are reviewed on a rolling basis.

Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryOtherWork ShiftFirst (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.Privacy Notice

Keywords: Federal Reserve Bank of Richmond, Richmond , Product Manager - Search Technologies, Executive , Richmond, Virginia

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