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Sr. Associate, Product Management - Card Servicing Strategy

Sr. Associate, Product Management - Card Servicing Strategy

Product Management 

Product Management at Capital One is a booming, vibrant craft that requires reimagining the status quo, finding value creation opportunities, and driving innovative and sustainable customer experiences through technology.

We believe our portfolio of businesses and investments in growth and transformation will result in a company with the scale, brand, capabilities, talent, and values to succeed as the digital revolution transforms our society and our industry.

Do you dream of well-designed and intuitive products and customer experiences? Do you want to be the one who introduces change to help tens of millions of customers make smarter financial choices? Do you want to change the way people manage their money? If you answered yes to all of these questions, then product management at Capital One may be a fit for you

 

In this role, you’ll learn the essentials of being a product manager, and we’ll invest in you to grow in four key areas:

  • Human Centered 

    • You’ll collaborate with tech teams to build comprehensive acceptance criteria, identifying and elevating any need for additional research to define future feature design

    • You'll breakdown business epics into features and further into user stories, driving your team towards lowest effort or Minimal Viable Product (MVP) for a valid feature test

  • Business Focused 

    • Demonstrating a growth mindset, you’ll effectively use hypothesis-driven assessment of data to ensure your product or feature delivers on real business needs

    • You’ll own and prioritize feature development roadmaps, ensuring all necessary processes and procedures are followed to manage risk

  • Technology Driven 

    • You’ll work autonomously in an agile environment, to conduct research and develop features that utilize new and evolving technology 

    • You’ll collaborate with designers, technologists, data scientists and subject-matter experts to build cutting edge solutions to help customers

    • You’ll deliver well-managed product platforms for customers by seeking to understand technology trends and architecture strategy

  • Transformational Leadership 

    • By actively participating in horizontal forums, you’ll harness a network of trusted relationships among tech teams, designers, key internal stakeholders and partner teams

    • You’ll articulate a succinct product roadmap to deliver business value and share with with stakeholders, elevating your team’s results and becoming a product matter expert

We want you if you are: 

  • Intellectually Curious. You ask why, you explore, you're not afraid to blurt out your crazy idea or follow an email chain for weeks to find someone with an answer. Comfortable with ambiguity, a hunger to learn and a seeker of new challenges

  • Communicator & Influencer. You can communicate complex ideas clearly regardless of your audience. Our team knows their priorities and why they’re doing what they’re doing. You always can rally associates to work with you

  • Do-er. You’re biased toward action, you try things and sometimes you fail. You can get around roadblocks and stay focused on your goals. You’re well organized, able to multitask and able to prioritize your work

  • Passionate & Customer Focus. You care about growing others and bringing them together around what’s possible. You get a thrill from the journey of building and shipping products, and you have a desire and ability to connect with our external or internal customers to fully understand their needs

  • Learner. You have an appetite to learn new things or new technologies all while exhibiting humbleness when the time comes to ask for help

  • Team Player. You enjoy working with diverse people and driving the team toward a common goal. You have the ability to put the team before yourself and establish long-lasting relationships

Basic Qualifications:

  • Bachelor’s degree or military experience

  • At least 1 year of product management experience or at least 1 year of experience in product design, agile delivery, business analysis, data science, or software engineering

Preferred Qualifications:

  • Bachelor’s degree in computer science or engineering 

  • 1+ years translating business strategy or analysis into consumer facing digital products

  • 1+ years of experience working on core product platforms powering digital experiences

  • 1+ years working with cross functional teams as a product owner in an agile development process

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $99,100 - $113,100 for Sr. Associate, Product Management


 

McLean, VA: $109,000 - $124,400 for Sr. Associate, Product Management


 

New York, NY: $118,900 - $135,700 for Sr. Associate, Product Management


 

Richmond, VA: $99,100 - $113,100 for Sr. Associate, Product Management


 


 


 


 


 


 


 

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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 RecruitingAccommodation@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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Average salary estimate

$106100 / YEARLY (est.)
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$99100K
$113100K

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What You Should Know About Sr. Associate, Product Management - Card Servicing Strategy, Capital One

Join Capital One as a Sr. Associate, Product Management - Card Servicing Strategy in the vibrant city of Chicago, Illinois! In this exciting role, you will immerse yourself in an environment where product management is at the forefront of innovation and customer experience. At Capital One, we’re on a mission to redefine how millions of customers engage with their finances, and we believe that starts with intuitive, thoughtfully designed products. If you're passionate about transforming financial management, you'll find this role incredibly stimulating. As you work alongside talented tech teams, you’ll learn the ins and outs of product management, focusing on human-centered design. You’ll be the catalyst for breaking down large initiatives into actionable features while empowering your team to deliver compelling MVPs. Your analytical skills will shine as you leverage data to meet real business needs, making critical decisions that propel our product's success. We’re seeking someone who’s curious, a clear communicator, and ready to embrace challenges. As you collaborate with diverse team members, including designers and data scientists, you’ll influence and inspire those around you while driving toward a common goal. Your contributions will help shape the future of Capital One's services, one innovative feature at a time. If this sounds like your ideal environment, we’d love to see how you can help us make a positive impact on our customers’ financial journeys!

Frequently Asked Questions (FAQs) for Sr. Associate, Product Management - Card Servicing Strategy Role at Capital One
What does the Sr. Associate, Product Management - Card Servicing Strategy role at Capital One involve?

The Sr. Associate, Product Management - Card Servicing Strategy role at Capital One involves collaborating with cross-functional teams to drive product development focused on customer-centric features within card servicing. You'll break down business epics, prioritize development roadmaps, and utilize data-driven insights to ensure the products meet customers' real needs, all while fostering a culture of innovation.

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What qualifications are required for the Sr. Associate, Product Management - Card Servicing Strategy position at Capital One?

Candidates for the Sr. Associate, Product Management - Card Servicing Strategy position at Capital One must possess at least a Bachelor's degree or military experience. Additionally, at least one year of product management experience or related experience in product design, agile delivery, business analysis, or software engineering is essential.

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How does Capital One support the growth of Sr. Associates in Product Management?

Capital One is committed to the professional growth of Sr. Associates in Product Management by providing opportunities to learn and develop skills in critical areas like human-centered design, business analysis, and technology trends. Through collaboration and mentorship, employees can harness their intellectual curiosity while engaging with experienced leaders and key stakeholders.

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What skills are important for a successful Sr. Associate, Product Management at Capital One?

A successful Sr. Associate, Product Management at Capital One should be intellectually curious, an effective communicator, and a team player. Essential skills include the ability to translate user needs into actionable product features, prioritizing tasks effectively, and maintaining a strong customer-focus while demonstrating leadership qualities in a collaborative environment.

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What is the work environment like for a Sr. Associate, Product Management - Card Servicing Strategy at Capital One?

The work environment for a Sr. Associate, Product Management - Card Servicing Strategy at Capital One is dynamic and agile, emphasizing innovation and collaboration. You'll have the opportunity to work with diverse teams of talented professionals in technology, design, and analytics, fostering an inclusive atmosphere where new ideas are encouraged and celebrated.

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Common Interview Questions for Sr. Associate, Product Management - Card Servicing Strategy
Can you describe your experience with agile product management?

When answering this question, discuss your familiarity with agile methodologies and how you’ve applied these principles in previous roles. Share specific examples of both your responsibilities and contributions in product development, and explain how agile processes have led to successful outcomes.

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How do you prioritize features in product management?

Provide a structured approach to prioritization in product management, detailing frameworks like RICE or MoSCoW. Describe how you gather input from stakeholders, utilize user feedback, and analyze data to make informed decisions about feature prioritization in a way that aligns with business goals.

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What steps do you take to understand user needs?

To answer this question, describe the methods you use to gather user insights, such as interviews, surveys, and usability tests. Talk about how you incorporate this feedback into product development cycles and how building empathy for users drives product quality.

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Can you share an example of a product you managed and the challenges faced?

Select a specific product project and discuss the objectives, your role, and key challenges encountered. Emphasize how you addressed these challenges, what solutions you implemented, and the results achieved, showcasing your problem-solving skills.

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How do you work with cross-functional teams?

Explain your collaborative approach with cross-functional teams, emphasizing clear communication and shared goals. Provide examples of how you've effectively partnered with designers, engineers, and data analysts to ensure that product features meet user needs and operational requirements.

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What metrics do you track to measure product success?

Identify key performance indicators (KPIs) relevant to product success, such as user engagement, retention rates, and revenue growth. Discuss how you establish baseline metrics, set targets, and use analytics to monitor and adjust strategy based on performance.

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Describe a time when you had to influence stakeholders.

In your response, illustrate a specific instance where you needed to persuade stakeholders to adopt a product strategy or feature. Discuss your approach to presenting data, addressing concerns, and building consensus among differing perspectives to achieve your goals.

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How do you stay updated with industry trends?

Share the strategies you use to remain informed about product management trends, including following industry blogs, attending webinars, or participating in professional networks. Highlight how this knowledge influences your work and helps to drive innovative product solutions.

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What is your approach to managing project timelines?

Discuss your methodology for project planning and timeline management, including tools you use for tracking progress and risk assessment. Emphasize your adaptability in adjusting timelines based on project dynamics while keeping stakeholders informed.

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What role does customer feedback play in your product development process?

Describe the importance of customer feedback in guiding product development, detailing how you collect feedback through various channels and integrate it into your product roadmap. Explain your commitment to ensuring that customer voices shape product features and enhancements.

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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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DATE POSTED
March 29, 2025

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