Director - Product Management - New Business Incubation - Fidelity Investments - Boston

Job description
Position Summary:
The Director of Product Management (“PM”) is a core team member of an FCAT Incubation team for a particular new business opportunity. Specifically, the PM is accountable for the product strategy and go to market plan for the new business venture from conception to pilot, scale and transition either to a standalone business or back into an existing business line.

He/she is the champion of the product and the target customer it serves, evangelizing the opportunity both within and outside the core team. He/She combines a deep understanding of the customer’s needs with the capabilities of the development team and emerging technologies to define a product strategy that is both compelling and achievable.

Position Duties and Responsibilities:
Drives the vision for the product; leading decision making on overall product positioning and pricing
Defines the product roadmap, determining which features should be prioritized and in what timeframe

Understands and drives team wide understanding of market and industry dynamics, keeping his/her finger on the pulse of what competitors are doing, how the market is shifting and what impact these dynamics should have on product strategy both in the short term and long term
Builds deep customer empathy and works in partnership with the customer research lead to represent the voice of customer throughout decision making processes
Leads the cross functional team – including customer research, design, development, QA, operations, sales & marketing, and legal - in the planning, requirement definition, design, development, test, deployment and support of releases across the life-stage of the new venture
To the extent the offering is new and may not be distributed through existing channels and processes, the PM will lead customer acquisition and operations efforts during the pilot and accelerate stages
Measures how the product is performing against stated objectives and uses ongoing analytics and empathy work to make changes to product roadmap as informed by data
Works with the Incubator executive lead and finance to create a business case for the new venture and present recommendations to the advisory board to park or pivot opportunity based on in market learnings
Serves as a product champion both inside and outside FCAT; evangelizes product and process throughout the organization
Why Fidelity?
Three consecutive years on CareerBliss’ Top 50 Happiest Companies Employees Survey
A company that is committed to innovation and being an industry leader by investing in technology
More than 12,000 technology professionals utilizing an Agile methodology enterprise-wide
Access to top-tier technology platforms, OS, and frameworks
Non-traditional benefits like our Concierge Service, Computer Equipment Purchase Assistance Program and profit sharing eligibility
Company Culture

At Fidelity, you can find it all here. We reward ambitious, passionate individuals with a work environment that fosters diversity, teamwork and collaboration as well as encourages innovative ideas and fresh thinking. We recognize the value that employees’ individual differences can contribute to the bright and strong future of our company.

Desired Skills and Experience
Qualifications:
BA or BS with MBA or MCS preferred
8+ years’ experience in new technology product development or management where he/she has been responsible for product vision, positioning, product roadmaps, product requirements and delivery of product into marketplace.
We are looking for individuals who have worked in start-ups and/or new product development functions within large organizations
Skills and Knowledge
Has proven marketplace success in taking a new technology product from idea to launch
Understands technology landscape and potential portfolio of technologies that may be leveraged to get the right product to market in the right time period
Experience leading cross functional teams using lean start up approaches; knows how to manage a technology team using Agile
Has experienced failure in a startup or new product launch and learned from it
Knows how to build empathy with customers; experience working with customers in field and in forming and leading customer co-development advisory boards
Experience managing a P&L preferred
Financial services experience or experience in an industry that is complex, multi-channel and/or regulated; regardless of industry background candidate must possess a passion for finance and investing
Personal Characteristics:
Has a passion for products; is an early adopter of technology
Ability to excite, energize and motivate others; thrives in teams; highly inclusive and collaborative
Loves to solve complex problems; comfortable with not always knowing the answer but knows how to engage in a process to figure it out; loves to innovate on process and feels nothing is sacred
Self-starter with strong work ethic who thrives in a fast-paced environment and can set pace in a large organization
Develops and maintains strong relationships both inside and outside the organizations of which they are a part
Highly resilient and optimistic; ability to keep long term in mind and guide organization through short term obstacles; uses organizational complexity as leverage and not as a impediment to progress
Effectively persuades others with a combination of facts, logic, enthusiasm and a proven track record
Strong written and presentation skills; great storyteller
Maintains the highest integrity in all that he/she does; appreciates the importance of trust when experimenting with new ideas associated with a trusted brand name

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