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Director of Product Management -B2C

$140k - $200k

The Master Lock Company

Company DescriptionFortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.Explore life at Fortune Brands here.Job DescriptionAs Director, Product Management, you will shape the strategy and direction for our Master Lock & Sentry Safe Security product portfolio, with primary responsibility for our Safes and Locks categories. In this role, you'll partner across Product Development, Sales, Marketing, Operations, Finance, Digital, and Consumer Insights to deliver innovative products, meaningful consumer experiences, and sustainable business growth.Working closely with cross-functional partners, you will develop product strategies, pricing approaches, and portfolio plans that create value for consumers and customers. You'll help identify new opportunities, bring innovative products to market, and thoughtfully evolve an established portfolio to meet changing customer needs and market trends.We're looking for a collaborative and strategic product leader who enjoys connecting customer insights with business strategy. The ideal candidate is naturally curious, customer-focused, and data-informed, with a passion for innovation, a talent for building strong partnerships, and the ability to thoughtfully balance short-term priorities with long-term portfolio growth.POSITION LOCATION: This is a hybrid position based in our world-class Deerfield campus, with flexibility to work from home on Mondays and Fridays. The campus offers vibrant, collaborative workspaces, along with amenities for dining, onsite daycare, fitness, and recreation.What you will be doingContribute to the overall Strategic Business Unit (SBU) direction by providing product portfolio expertise and helping align product strategies with Channel, Digital, Sales, and Brand priorities.Own and help achieve revenue, profitability, and portfolio performance objectives across the Security product portfolio.Shape and evolve the strategy for a large product portfolio by balancing the lifecycle management of existing products with the development of innovative new offerings.Partner closely with Product Development, Engineering, and Innovation teams to translate product strategies into successful products, guiding initiatives from concept through commercialization.Develop pricing strategies and consumer segmentation approaches that create value for customers while supporting business objectives.Use market trends, consumer insights, and competitive intelligence to identify opportunities that strengthen the portfolio and inform future product investments.Partner with Channel Marketing to support product launches, demand generation initiatives, and promotional strategies that drive meaningful business results.Collaborate with Global Product Development to shape the long-term product roadmap, aligning priorities, resources, and timing to support innovation and future growth.Continuously assess portfolio performance and identify opportunities for product introductions, enhancements, rationalization, and lifecycle decisions that strengthen the overall business.Partner with Sales to support Product Line Reviews (PLRs) and Joint Business Planning (JBP) initiatives to contribute product expertise during key customer engagements.Collaborate with Channel, Digital, and Brand Marketing teams to ensure customer-facing programs align with product strategy, brand positioning, and business priorities.Partner across Finance, Marketing, and Product Development to develop pricing strategies that balance customer value, competitive positioning, and financial performance.Work closely with Innovation and Consumer Insights teams to translate research and market feedback into future product opportunities and portfolio strategies.Coach, develop, and empower a team of product management professionals, fostering a collaborative, innovative, and customer-focused culture that supports both individual and business success.QualificationsBachelor's degree in Marketing, Business, Engineering, or a related field, or equivalent professional experience.10+ years of Product Management, Product Marketing, or related commercial leadership experience.Experience in security, hardware, building products, consumer durables, or related industries.Experience managing large product portfolios and delivering profitable business growth.Experience leading new product development from concept through commercialization.Strong understanding of product lifecycle management, portfolio strategy, pricing, and market analysis.Experience with P&L ownership and financial decision-making.Proven ability to influence and collaborate across cross-functional teams.Excellent strategic thinking, communication, and relationship-building skills.Ability to manage multiple priorities in a fast-paced, collaborative environment.Ability to travel approximately 20–30%.PREFERRED QUALIFICATIONS:MBA or other advanced degree.Experience with Stage-Gate or similar product development processes.Experience managing both established product portfolios and innovation pipelines.Additional InformationFortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $140,000 USD - $200,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.Equal Employment OpportunityFortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.Reasonable AccommodationsFortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at View email address on click.appcast.io and let us know the nature of your request along with your contact information.Important Notice: Protect Yourself from Fraudulent Job PostingsTo protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.SummaryType: Full-timeFunction: Management

Vacancy posted 7 hours ago
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