Sr Product Manager
Job Description
If you've ever used an ATM, paid a bill through your phone, sent money to a friend or shopped online, chances are your transaction was safeguarded and processed using our software. Now it's your turn to serve the payment needs of organizations and people the world over.
Job Summary:
As leader of the ATM Acquiring solution, you will clearly communicate and drive product strategy, direction, and vision; maintain the roadmap and strategy for the product in sync with that for the product-line and the overall ACI strategy. As the product champion, you will continually drive product adoption among the customer base and target market, understand pain points and problems and address them in a timely fashion, with a constant eye on maximizing the ROI for the product. You will partner with marketing, product marketing and channels to develop the GTM strategy; stay engaged with the sales team and articulate the value proposition of the product among customers and prospects alike. You will maintain an intimate understanding of the payments industry and the competition to quickly identify opportunities and threats, leverage our strengths and overcome our weaknesses while influencing the overall ACI product strategy. You will be the "go to" person for the product and shall work cohesively with the application development team, support, finance, sales, sales operations, and legal, representing the market and clearly conveying the requirements to ensure that the products are delivered on time and within budget.
Job Responsibilities:
- Elicits and validates stakeholder requirements. Conducts research and data gathering to analyze and determine appropriate solutions. Manages entire Requirements process to include documentation preparation and presentation.
- Functions as the primary product and target market SME (subject matter expert). Understands competitive landscape from strategy to functional capabilities; defines the market and market segments; identifies customer/prospect problems and market opportunities; builds, updates, and communicates the product line vision, strategy and road map for core stakeholders and for external consumption.
- Defines and executes a distribution strategy for the product to achieve growth targets at desired margin, and through optimal resource consumption. Sponsors innovation that helps achieve the strategic plan.
- Responsible for comprehensive definition and cadence of product release for a product line to achieve the strategic plan, by identifying and delivering requirements that increase market share and exploit ACI's breadth and depth of solutions across the payment processing lifecycle.
- Clearly articulates the value proposition and positioning of the product. Provides input to solution/product marketing for the go-to-market plan and supports the launch team. Ensures all sales enablement tools are delivered to schedule, and the sales team is trained proficiently. Drives market acceptance by evangelizing product to all stakeholders. Monitors launch effectiveness. Demonstrates thought leadership through participation in conferences, blogs and published papers.
- Actively manages pricing and packaging as a profit and market penetration lever. Monitors key performance indicators of the operations to design, deliver, implement and support the product. Implements corrective action where applicable. Actively manages the product across the entire lifecycle; manages investment levels to maximize revenue and profit performance. Determines timing of sunset of product or release/versions, and follows policies and processes to execute sunset
- Establishes financial goals of the product, in coordination with ACI's financial objectives and is accountable to achieving these results. Determines appropriate and optimal level of investment to maximize margin performance. Uses the stage gate process to secure funding on projects; develops business cases as input to the stage gate process. Monitors, tracks financial performance of the product; forecasts future performance and executes proactive measures to attain financial goals.
- Improves processes and tools that result in positive impacts across the organization.
- Perform other duties as assigned.
- Understand and adhere to all corporate policies to include but not limited to the ACI Code of Business Conduct and Ethics.
Knowledge, Skills and Experience required for the job:
- Bachelor's degree or equivalent work experience.
- 5 years related experience in an industry related role such as technical support, product management or product development type roles with exposure to marketing.
- Advanced presentation skills, comfortable presenting to customers, executives, internal teams and external audiences.
- Payment industry experience.
Preferred Knowledge, Skills and Experience needed for the job:
- Deep and broad understanding and experience in all aspects of product management.
- Direct understanding and experience in retail card payments (card issuing, ATM acquiring, and/or merchant acquiring)
- Strong negotiation, consensus building, analytical and communication skills
Work Environment:
- Standard work environment
- Travel required
Benefits: In return for your expertise, we offer growth, opportunity, and a competitive compensation and benefits package in a casual work environment.
Are you ready to help us transform the world of electronic payments? To learn more about ACI Worldwide, visit our web site at www.aciworldwide.com Job ID (Requisition #8604)
ACI Worldwide is an AA/EEO employer in the United States, which includes providing equal opportunity for protected veterans and individuals with disabilities, and an EEO employer globally
#LI-LF1About ACI Worldwide
ACI Worldwide powers digital payments for more than 6,000 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers' premises, through the public cloud or through ACI'sprivate cloud , we provide real-time,immediate paymentscapabilities and enable the industry's most complete omni-channel payments experience .
Date Posted
11/10/2022
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5
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