Senior Director Product Management Digital Products

Company: Educational Testing Service
Location: Princeton
Posted on: April 10, 2021

Job Description:

Loading Please Wait Senior Director Product Management Digital Products Accountable for the success of a product across its lifecycle (conceptualization, early, growth, mature, and decline); owns P&L of the product including revenue growth and cost profile Directly accountable for management of an assigned product (or products) of larger size, and/or complexity. --Responsibilities:

• Defines, develops, and maintains product strategy and roadmaps for new / existing products of larger size, and/or complexity
• Tracks, analyzes, and integrates information from multiple sources on market and competitor trends (including from existing customers, new competitor and market analysis, etc.)--
• Identifies and pursues partnership opportunities as appropriate for product development / success
• Adjusts product roadmap based on the current and predicted changes in market / competitive landscape
• Identifies and pursues opportunity for extensions of existing product into adjacent markets
• Modifies product requirements in response to new information from markets / customers
• Evaluates business case for product enhancements and seeks approvals Product Execution--
  • Accountable for conceptualizing new products based on market needs (from individual users, clients, and related parties) and for ensuring early-stage success once deployed
  • Sets / changes pricing for the product based on market information and performance
  • Prioritizes new features and aligns with enterprise portfolio decisions
  • Defines business case for new features, extensions or new products and seeks approvals
  • Leads a cross-functional Product Team that is responsible for planning and leading the execution of a product through its lifecycle
  • Accountable for achieving operational efficiency and provides guidance to Product Owners, Product Operations Managers and functional areas; authorized to reduce cost through any reasonable means, including outsourcing, subject to decision making framework Client/Customer Relations Management
    • Works closely with client relationships team to build strategic relationships with clients, partners and external stakeholders and collect information about their needs/preferences related to product / services
    • Communicates with clients/customers clearly and effectively
    • Identifies key constituents of potential new markets and builds relationships to understand needs
    • Responsible for securing funding to develop new products and / or to invest in existing product
    • Accountable for P&L of the product, including revenue, and margins
    • Responsible for meeting the revenue / surplus targets; accountable for growth trajectory of the products
    • Sets targets for cost effectiveness (e.g., cost reduction, quality, cycle time)
    • Responsible for reporting and forecasting product sales volumes and operational surplus --Human Resource Management
      • Provides leadership, direction, mentorship, and support to the team
      • Adheres to ethical standards and comply with the laws and regulations applicable to job function Digital Products
        • Accountable for the success of digital product(s) across its lifecycle (conceptualization, early, growth, mature, and decline); owns P&L of the product including revenue growth and cost profile.
        • Experience managing software products; EdTech / SaaS experience is desirable
        • Ability to create short-term & long-term product strategy for global growth
        • Ability to influence customers & work with vendors / partners
        • Ability to identify new opportunities by understanding customer needs & business requirements
        • Strong grasp of product financials (e.g., Sales, Margins, Cost drivers)
        • Ability to craft vision for the product, lead the team, & be accountable towards the success/failure of product
        • Understanding of UI/UX design
        • Understanding of Agile / Lean methodologies
        • Undergraduate degree (or relevant experience) in related fields such as: Business Administration, Engineering, or other areas combined with relevant work experience
        • 7 or more years of combined experience in a combination of product management, business management, consulting or marketing
        • Experience collaborating on latest platform technologies with engineers and architects
        • Ability to use multiple avenues to test market's (B2B) willingness to leverage the platform
        • Plans sprint activities and is responsible for managing the backlog of products / services
        • In-depth understanding of Agile methodology (tools, processes, roles); understands design thinking
        • Undergraduate degree (or relevant experience) in related fields such as: Engineering, Computer sciences or other areas combined with relevant work experience
        • 7 or more years of combined experience in a combination of technical product management, business management, or technology consultin Experience and Skills Education, Certifications, or Special Licenses:
          • Undergraduate degree or equivalent combination relevant of education and experience
          • MBA strongly preferred Relevant Years of Experience:
            • 7 or more years of relevant work experience EDUCATIONAL TESTING SERVICE is an Equal Opportunity and Affirmative Action Employer of Women and Minorities. EDUCATIONAL TESTING SERVICE is an Equal Opportunity and Affirmative Action Employer of protected Veterans and Individuals with Disabilities. EDUCATIONAL TESTING SERVICE is a Drug-free workplace. --- Need help applying? Click here to chat with us live Offline - Live Chat Is Currently Offline

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