Product Manager I/II/III

About the role

The Federal Reserve Bank of Cleveland seeks a Product Manager to provide project and resource planning, coordination, communication and supervision of staff activities for multiple, related, complex business units. This role also manages one or more product portfolios and identifies new business and/or product opportunities.

Responsibilities

• Develops and manages high performing teams
• Manages staff including performance management, career development, coaching and mentoring
• Collaborates with business stakeholders and executives to recommend and build the business case and detailed plans to enable business solutions
• Defines and delivers clear requirements, both functional and non-functional for multiple complex business units
• Develops and communicates a product roadmap that details priorities and timing of product deliverables
• Develops and communicates strategic direction of UX standards
• Serves as the point of escalation to resolve product issues and risk
• Adheres to and coaches the department's implementation of scrum and agile for product management
• Serves as a subject matter expert for their programs
• Achieves departmental performance metrics, and project deliverables on time, with agreed upon scope and within budget
• Adheres to Bank and Treasury compliance and controls, including maintaining SAFR/FISMA requirements and industry best practices
• Exhibits and manages a culture that drives innovation and continuous improvement
• Provides planning and management for moderate to complex projects
• Leads and manages application development teams, ensuring optimal resource allocation and project delivery
• Performs administrative and budgeting operations

Requirements

This role requires being a U.S. citizen and possessing a Bachelor’s degree and 5 years of related work experience for Product Manager I, a Bachelor’s degree and 7 years of related work experience for Product Manager II, and a Bachelor’s degree and 9+ years of related work experience for Product Manager III. Master’s degrees may substitute for two years of the required experience.

Qualifications

• A demonstrated ability of developing and managing high performing teams
• Strong business acumen and analytical skills
• Strong communication skills
• Strong executive presentation skills
• Knowledge of regulations, procedures and practices of a specific discipline
• Ability to perform independent research
• Proven experience with Salesforce CRM platform, including hands-on knowledge of its capabilities and best practices

Skills

• Ability to perform routine tasks
• Experience with product strategy in a complex payments environment

Benefits

The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.clevelandfed.org/careers

Pay

The expected starting salary range for the Product Manager I is between $111,400 and $139,200 annually, for the Product Manager II is between $123,700 and $154,600 annually, and for the Product Manager III is between $137,000 and $171,300 annually. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

Schedule

This is a full-time regular position.

Family Group Work

This is a regular position.

Shift

This is a first shift position.

Exempt (Yes/No)

Yes

Job Category

Project/Product Management

Physical Demands and General Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Reasonable Accommodation Statement

The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org.

Bank’s Ethics Rules and Drug Testing

As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting.

Privacy Notice

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