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Senior Associate, Product Strategy Analyst

161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,

Senior Associate, Product Strategy Analyst

About Capital One Canada

For over 20 years, we’ve been on a mission to change banking for good and build relationships by making credit accessible, simple, intuitive and rewarding. We want to help Canadians succeed with credit, because we believe in people — in our customers, in our associates, and in talent like you! 

Yes, we’re a credit card company, but we’re more than that too. With your help, we’ll build the next generation of banking in Canada based on customer-focused values, compelling products and great engineering. Our Strategy & Analytics Roles are like management consulting, but better. From day one, you’ll have the opportunity to work on solving complex problems, using data-driven decision making to enhance the overall business strategy, while still maintaining work/life balance. 

At Capital One, we love to give our Strategy Analysts the opportunity to rotate to roles across various teams, so while this role is within the Product Strategy team, we will consider your application for multiple Strategy & Analytics teams as well as offer you the opportunity to rotate to new teams throughout your time at Capital One. This is part of our winning formula for creating great future leaders and as such, this role is well suited to high performers looking for growth opportunities.

About the Team

The Product Strategy team is a very cross-functional team that brings together Strategy Analysts with experts across the business to design our customer products and strategies.  This team collaborates with our credit teams, marketing teams and product teams to analyse prospective and current customer behaviours to implement market leading product strategies. 
 

About the Role

In this role, you will dive into a wide range of data and insights to propose the next product strategy.  You’ll design product tests to find the best new product offerings. You’ll conduct market and customer research, and couple these insights with internal data modeling to propose new solutions for our customers. 

From a technical perspective, you’ll have access to various coding and visualization tools. You’ll work with SQL to query data, use spreadsheets and Python-based notebooks to organize it, and Slides to present it, along with other modern analytics tools, such as Tableau and Quicksight. 

To continue your learning, you’ll also join the Canada Analyst Development Program (CADP), which takes place over your first year with us. The program provides comprehensive foundational training not only in product strategy but also across various other key areas, including underwriting, fraud prevention, risk management, customer lifecycle, etc. to equip you with the skills and knowledge to make meaningful contributions to cross-functional projects.  

Your Responsibilities: 

  • You will be responsible for one of the products, diving deep into current performance, analysing marketing insights and proposing the strategies to continue to grow the product. 

  • You will build the case to bring strategies to market and work with product and technology teams to implement them.  With our in-house technology, you get to see your work through to delivery in real time. As the owner of the strategy, you can then evaluate performance and continue to adjust and improve your strategy as needed.

  • As the expert of your area, you will influence the strategic roadmap of the team and collaborate across the product strategy team to drive change to our customer experiences.

  • You will use technical analytical skills (such as SQL and Python) to complete the analysis - don’t worry if you don’t know this now, we will help you learn.


Basic Qualifications:

  • 2-5 years of experience, with an established history of leveraging analytical skills to effectively influence strategic decisions  

  • A bachelor’s degree or higher

  • Experience working in a team environment, with a strong ability to collaborate effectively with others


Preferred Qualifications:

  • Experience in product strategy or digital marketing with a basic understanding of credit card or other loan based underwriting

  • Experience in coding (e.g. Complete SQL scripts, Python notebooks) and data visualization (e.g. Tableau, QuickSight). If you know how to build models or write code, that’s awesome. If not, we will help you learn it.

Working at Capital One

Enjoy a hybrid work environment, with 3 days in the office. Build a comfortable workspace with our one-time, Work From Home allowance and enjoy our head office located conveniently across the street from Union Station. 

Live well—physically, financially and emotionally. Receive support for you and those who are most important to you, with full coverage for spouses, domestic partners, and dependents. With up to $3000 in mental health coverage and up to $5000 in tuition subsidies per year—and much more—you’ll discover that Capital One is committed to helping you live your best life.

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at ARCanada@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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What You Should Know About Senior Associate, Product Strategy Analyst, Capital One

Are you ready to take your career to the next level as a Senior Associate, Product Strategy Analyst at Capital One Canada? Located in the vibrant heart of Toronto, you'll be stepping into a role that not only allows you to leverage your analytical prowess but also positions you at the forefront of innovative banking solutions. At Capital One, our mission is to redefine banking for good, and we view our associates as essential to this journey. As part of the Product Strategy team, you will delve deep into data, analyze customer behaviors, and collaborate cross-functionally to craft compelling product strategies. Your days will be spent utilizing SQL, Python, and visual tools like Tableau to present actionable insights, ensuring our products resonate with our customers’ needs. We encourage you to rotate across various teams, allowing you to grow and develop your skill set in a dynamic environment from day one. Enjoy the added benefits of a supportive hybrid work culture where work-life balance is genuinely valued. With a comprehensive development program and a commitment to your personal and professional growth, Capital One Canada is the perfect place to launch your journey as a leader in the industry. Join us in making credit accessible and rewarding for all Canadians!

Frequently Asked Questions (FAQs) for Senior Associate, Product Strategy Analyst Role at Capital One
What are the responsibilities of a Senior Associate, Product Strategy Analyst at Capital One Canada?

As a Senior Associate, Product Strategy Analyst at Capital One Canada, your primary responsibilities include analyzing product performance, conducting market research, and proposing strategies to enhance our offerings. You will work closely with cross-functional teams to design product tests and utilize data analytics tools like SQL and Python to drive actionable insights for product development. This role also entails monitoring the effectiveness of strategies and being a key influencer in the product roadmap.

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What qualifications are needed for the Senior Associate, Product Strategy Analyst position at Capital One?

To qualify for the Senior Associate, Product Strategy Analyst position at Capital One Canada, candidates should have 2-5 years of relevant experience in leveraging analytical skills to influence strategic business decisions. A bachelor's degree or higher is required, along with a strong ability to work in teams. Preferred candidates will have experience in product strategy, digital marketing, and some technical skills in SQL and Python, although training will be provided.

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What kind of training and growth opportunities does Capital One provide for the Senior Associate, Product Strategy Analyst?

Capital One Canada provides an enriching training experience through the Canada Analyst Development Program (CADP), which consists of foundational training in product strategy, credit risk management, and fraud prevention. This program not only enhances your knowledge and skills in key areas but also provides opportunities to rotate across various teams, helping you to broaden your experience and grow into a well-rounded professional.

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What does the work environment look like for a Senior Associate, Product Strategy Analyst at Capital One?

The work environment for a Senior Associate, Product Strategy Analyst at Capital One is hybrid, allowing you to work remotely while enjoying the collaborative atmosphere in the office three days a week. The office is conveniently located near Union Station, providing a comfortable and well-equipped workspace. Capital One prioritizes work-life balance and offers a plethora of resources to ensure your overall well-being.

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How does the Senior Associate, Product Strategy Analyst role contribute to customer experiences at Capital One Canada?

In the role of Senior Associate, Product Strategy Analyst, you will play a critical part in shaping customer experiences by analyzing and interpreting data to determine effective product strategies. Your contributions will directly influence product development, ensuring that the solutions designed resonate with our customers' needs, thereby enhancing their experience with Capital One Canada.

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Common Interview Questions for Senior Associate, Product Strategy Analyst
How do you approach analyzing product performance data?

In analyzing product performance data, it's important to employ a structured approach. Start by clearly defining key performance indicators (KPIs) relevant to the product. Use SQL to extract data sets, followed by visualizing the data through tools like Tableau. Highlight your analytical insights and discuss any trends you observe, showing your ability to turn complex data into clear strategies.

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Can you describe your experience with SQL and how you've used it in previous roles?

Discuss your hands-on experience with SQL by explaining specific projects where you utilized it to query databases. Provide an example, such as extracting customer behavior data to inform product development, and emphasize how your SQL skills have helped drive business decisions effectively.

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What strategies would you propose to enhance a product based on customer feedback?

When proposing strategies to enhance a product based on customer feedback, it's vital to categorize feedback into actionable insights. Highlight the importance of conducting market research, testing new product features, and iterating based on customer sentiment, ensuring to back up proposals with data analysis that aligns with the overall product strategy.

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Tell me about a time you worked collaboratively in a team.

Share a scenario where you played a pivotal role in a team project. Focus on your collaborative skills by describing how you effectively communicated with team members, leveraged different perspectives, and contributed to achieving a common goal. Emphasize the importance of teamwork in driving successful outcomes.

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What tools do you prefer for data visualization, and why?

Detail your preferred data visualization tools, like Tableau or Quicksight, and explain why you find them effective. Discuss how they allow for clear storytelling with data, enabling better decision-making processes for stakeholders, ultimately supporting the product strategy.

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How do you stay updated on the latest trends in product strategy and analytics?

Express your commitment to continuous learning by mentioning strategies such as subscribing to industry publications, attending webinars, or participating in online courses. Emphasize how this knowledge helps you apply relevant insights and innovations to your role as a Senior Associate, Product Strategy Analyst.

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What do you think makes a product strategy successful?

A successful product strategy hinges on understanding customer needs, data-driven insights, clear goals, and strong teamwork. Discuss how identifying target audiences, incorporating customer feedback, and applying analytical findings facilitate the creation of compelling product strategies that align with business objectives.

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What challenges do you anticipate in this role and how would you tackle them?

Outline potential challenges such as unexpected market changes or differing team perspectives. Emphasize your proactive approach to addressing these challenges through open communication, data analysis, and adaptability, ensuring strategic goals remain on track.

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How would you prioritize tasks when managing multiple projects?

Explain your prioritization technique, perhaps through Eisenhower's Matrix or by establishing clear deadlines and dependencies. Share your ability to communicate with stakeholders to align expectations, ensuring that high-impact tasks receive the focus needed to achieve strategic goals.

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Why do you want to work as a Senior Associate, Product Strategy Analyst at Capital One?

Communicate your passion for the banking industry and your alignment with Capital One’s mission. Discuss your excitement about the opportunity to innovate within product strategy, contribute to enhancing customer experiences, and the growth potential offered by the diverse roles within the company.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran

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