Principal - IT Product Management

Principal - IT Product ManagementJob Family: Marketing & Product Management Job Sub-Family: Product Management Career Specialization: IT Product Management Career Stream: Professional Career Level: P4Job ProfilePosition DescriptionThe Principal, IT Product Management provides strategic leadership for the development, enhancement, and maintenance of money movement products and online banking platform capabilities and supporting infrastructure. Works across Lines of Business to achieve key business objectives, translates customer and business needs into product solutions using qualitative and quantitative insights, and leads multidisciplinary teams to deliver high-impact capabilities. Serves as a trusted advisor and technical point of contact for business and operations stakeholders.Sub-Family DefinitionProduct Management is responsible for driving business growth through the strategic management and development of products and services. Activities may include:Conducting market research to identify customer needs and preferencesDefining product vision and strategyOverseeing the product lifecycle from conception to launchAnalyzing product performance metricsP&L oversight and pricing strategyCollaboration with marketing and sales teams to create promotional materials and ensure successful product positioning in the marketCareer Specialization DefinitionThe IT Product Management participates in the IT leadership and relationship management discussion about the shape and content of the IT service portfolio delivered by the shared service organization. Work may include:Defines the nature and scope of the service, and works with other planning roles, relationship managers and capacity planners to forecast demand for each service.Defines a cost allocation, cost recovery and pricing plan within the overall context of the IT chargeback or pricing model.Negotiates with other IT product managers about the allocation of costs from infrastructure components or services that are shared among multiple services.Regularly creates a service improvement plan in terms of people, processes and technology to improve a service.Other duties as assigned.Career Level DefinitionRecognized subject matter expert in a job area typically obtained through advanced education and work experience. Responsibilities typically include:Managing large projects or processes with limited oversight from manager.Coaching, reviewing and delegating work to lower level professionals.Problems faced are difficult and often complex.Knowledge & ExperienceBachelor's Degree required; equivalent combination of education and experience may be consideredTypically requires 6 - 8+ years prior experience, with deep knowledge of job areaDemonstrated ability to identify customer needs and translate insights into product enhancements and business valueAbility to align product strategy and execution with business objectives, key performance indicators, and stakeholder prioritiesStrong technical acumen with the ability to leverage technology solutions and collaborate effectively with engineering teams and third-party vendorsSystems thinking and analytical problem-solving skills, with the ability to evaluate interconnected processes, platforms, and dependenciesProven ability to influence, collaborate, and drive outcomes across cross-functional teams and stakeholder groupsStrong verbal and written communication skills, including the ability to present strategies, recommendations, and product updates to senior leadershipJob Code: MKITPMP4FLSA Status: Exempt Salary Grade: 118Compensation offered will be based on a variety of factors, including but not limited to education, work experience, skills, certifications, and geographic location, etc. Eligible teammates may participate in a comprehensive benefits package that includes medical, dental, vision, life insurance, disability coverage, paid time off, retirement savings through a 401(k) plan, wellness resources, and other programs designed to support teammates' health and financial well-being, subject to plan terms and eligibility requirements. In addition, certain positions may be eligible for incentive compensation, bonuses, or other variable compensation, subject to applicable plans and performance criteria. General information on our comprehensive benefits package can be found by visiting Employee Benefits | Banking Career Benefits | Atlantic Union BankWe are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.Job SummaryRequisition Number: PRINC010493Job Category: Marketing \& Product ManagementSchedule: Full-Time