Senior Product Manager - Supplier Management

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Company: Comerica Incorporated

Location: Frisco, TX 75034

Description:

Product Manager
Responsible for the customer experience and product integration/execution for the business unit. This position will lead the development and implementation of strategy to ensure a positive customer experience is delivered and that we remain competitive in the market. This includes management of product enhancements, pricing, profitability and risk.

Position Responsibilities:
Roadmap Management
  • Develop and implement product strategy.
  • Serve as a market expert for business unit through research (internal and external), discovery, validations and customer interactions.
  • Maintain an understanding of the competition and SWOT.
  • Identify product opportunities through strategic planning, including product roadmap development and positioning assessment.

Product Promotion/Advocacy
  • Create and own product's market message.
  • Participate in development of go-to-market materials.
  • Develop internal training materials and conduct training as necessary.
  • Conduct customer, non-customer and prospective customer interviews to gather user persona intelligence.
  • Monitor trends and customer adoption.
  • Monitor product life cycle and recommend marketing/pricing strategies to enhance customer retention and acquisition.

Portfolio and Revenue Management
  • Ensure profitability, competitive positioning and integration.
  • Develop and recommend pricing strategies that will result in meeting product objectives, improve profitability and/or reduce expense.

Product Initiatives
  • Investigate market opportunities and effect of product on the market.
  • Develop recommendations for products and/or product enhancements based on a thorough understanding of user personas and use case scenarios.
  • Represent voice of customer throughout the product development process.
  • Partner with Technology and Operations area(s) to ensure appropriate product stability, ensure an efficient escalation and resolution protocol is in place for production (system/operational) issues and outages, for continuous improvement of production (system/operational) processes and to evaluate/review customer feedback.
  • Define, measure and manage product risk

Vendor Management
  • Participate in the contract negotiation process.
  • Manage the day-to-day relationship with strategic vendors.
  • Monitor Service Level Agreement performance.

Leadership
  • Lead cross-functional teams for key initiatives related to product to ensure successful and timely completion.

Personal Knowledge
  • Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional associations.

Soft Skills
  • Strong communication skills, both written and verbal. Strong organization and analytical skills.

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