Director of Product Management
Director of Product Management
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$ 160000 - 188000
1 Vacancy
Job Description
SCOPE OF LEADERSHIP ROLE
Reporting to the Senior Director of Product Management for the Clutch & Brake Division part of the Industrial Powertrain Solutions Segment the Director of Product Management is a vital and critical role in determining the overall health of the business. A successful Director of Product management plans organizes and manages assigned product lines throughout product life cycles including new product development to optimize profitability while meeting the changing marketing financial and business growth objectives.
The Clutch & Brake Divisions Overrunning & Torque Limiter product lines represents approximately $100M in revenue and includes the Formsprag Marland and Stieber brands. This product family will play a critical role in the Clutch & Brake Divisions strategic initiatives in Aerospace. The Overrunning & Torque Limiter product line also serves the metals mining and power transmission equipment markets.
This position requires close collaboration with crossfunctional teams including product development sales marketing and operations. The ideal candidate is a team player who operates with a global view can exercise leadership without managerial authority and is able thrive in a dynamic fastpaced environment. This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share.
The Director of Product Management will be responsible for managing an established team that possesses the ability to operate globally without limitation to existing geographies manufacturing sites markets and brands. As a team the group will be responsible for the implementation and development of critical Regal Rexnord tools and frameworks that include 80/20 and Product Line Simplification (PLS).
KEY RESPONSIBILITIES
Manage the entire life cycle of all product lines within the business from strategic planning product definition tactical launch activities and end of life.
Operate as the internal voice of our customers across development teams (primarily Engineering Sales and Marketing) through an understanding of market requirements product definition training and launch activities.
Develop and implement a cohesive short and longterm product line roadmaps.
Implement a robust product line simplification process that delivers cost savings.
Coordinate and lead the ongoing Innovation/VOC exercises. Combining this information with a business case analysis to define business requirements and the products value proposition.
Define pricing and sales strategy/policies for all products within the business and drives these through the division.
Maintain a high level of expertise in the competitive landscape including competitive product and pricing strategy.
Collaborate with other segment and division Product Managers to develop effective divisional product line development opportunities.
Analyze potential partner relationships that can either enhance current offerings or fill necessary gaps in offerings.
Perform 80/20 analysis on products customers and markets to identify opportunities for focus and growth.
Leverage 80/20 and continuous improvement in all aspects of product management decision making and actively participate in ongoing projects team that maximize overall organizational effectiveness and efficiency.
Assist Customer Service and Sales teams with technical and customer support.
Interface with internal teams including R&D engineering sales marketing and support teams to ensure revenue and customer satisfaction goals are achieved.
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
To perform this job successfully the candidate must hold a unique combination of skills and abilities. The ideal candidate will be a proven leader with indepth industry experience exceptional project management skills and a true passion to win.
Minimum Requirements:
Bachelors/Masters degree in related Engineering field (MBA preferred but not required)
5 years of commercial experience in marketing product management and/or sales
Proven people leadership competencies are required; direct people management experience is strongly desired
Strong negotiation skills
Ability to lead through influence without direct supervisory authority
Drives and is results and action oriented
Significant product management skills manage multiple projects at one time while also meeting require deadlines. Delegate set objectives and measure progress
Capable of both strategic thinking and tactical
Ability to work in a nonstructured environment while maintaining personal accountability for achieving defined objectives
Ability to communicate effectively with existing and prospective customers utilizing appropriate industry terms
Comfortable in making difficult decisions
Strong ability to network effectively internally and externally
Desired
Handson experience with the 80/20 process and product line simplification
Global experience
Skills and experience around financial (and other metrics) analysis associated with all aspects of a product
Relevant industry experience
Travel: Global Travel (up to 50 required
Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a U.S. Person which includes U.S. citizens U.S. nationals U.S. permanent residents individuals granted asylum in the United States and refugees in the United States.
Expected Salary: $160000 $188000 annually.
Please note that compensation is based on a variety of factors when extending offer including but not limited to the role responsibilities candidate experience education qualifications and business considerations.
Benefits
Medical Dental Vision and Prescription Drug Coverage
Spending accounts (HSA Health Care FSA and Dependent Care FSA)
Paid Time Off and Holidays
401k Retirement Plan with Matching Employer Contributions
Life and Accidental Death & Dismemberment (AD&D) Insurance
Paid Leaves
Tuition Assistance
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit RegalRexnord.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity age ancestry national origin marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan or policy statement please email . If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please email .
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries (Regal Rexnord) do not accept unsolicited resumes or calls from thirdparty recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition Regal Rexnord will not consider or approve payment to any thirdparties for hires made.
Required Experience:
Director
Employment Type
Full-Time
