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Senior /Principal Product Manager

Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

Job Description

We are seeking an experienced Product Manager to join our team as we develop cutting-edge AI-based Aerospace & Defense software solutions for Airlines and Operators.  In this role, you will be responsible for the identification of investment cases, working closely with cross-functional teams and stakeholders to lead investment planning and evangelizing the product vision.  

As a Product Manager, you will drive product strategy and roadmap planning, considering market trends, competitor analysis, and customer feedback. You will collaborate with engineering teams to prioritize features and help provide clarity on investment themes. Additionally, you will be responsible for defining and monitoring key performance indicators (KPIs) to measure product success and make data-driven decisions.

The preferred candidate will have a strong background in the aviation industry, with experience in Airline operations and maintenance, having worked with an Airline, or OEM. The candidate will also have experience with the use of software in the aviation industry, understanding the regulations and compliance around it. Exceptional communication and leadership skills are crucial for this role, as you will be responsible for leading cross-functional teams and presenting product updates to stakeholders.

As a Product Manager in Aerospace and Defense, you will report into the VP of Product Management, A&D and you are responsible for:

  • Developing and executing product strategies and roadmaps for Airline related products, aligning with company objectives and market opportunities. 
  • Conducting comprehensive market and competitive analyses specific to the Airlines and Operators industry, identifying trends, customer needs, and building business cases for potential opportunities. 
  • Engaging with Airlines customers, stakeholders, and end-users to gather requirements, solicit feedback, and ensure products meet or exceed their expectations. 
  • Leveraging knowledge of processes for Line and Base Maintenance, asset management etc., to inform and drive product requirements. 
  • Collaborating with engineering and design teams to prioritize features and help guide product development.
  • Defining and monitoring key performance indicators (KPIs) to measure product success.
  • Working closely with cross-functional teams and stakeholders to drive transparency and enablement of product updates and roadmap plans.
  • Helping develop and implement go-to-market strategies for Airlines related products, including pricing and positioning. 

Qualifications

  • A degree in Software Engineering, or a related STEM field; MBA is a plus
  • 10+ years relevant experience with increasing responsibilities – A&D industry experience necessary, working with an Airline or OEM
  • Proven experience in bringing complex Airline related products from concept to deployment
  • Comprehensive understanding of aviation tools, processes and regulatory requirements, interfacing with FAA, EASA, IATA etc.
  • Deep experience in managing through influence and driving results through cross functional teams
  • Excellent communication and presentation skills, with experience interfacing with customers and senior leadership. 

Additional Information

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships.

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. VEVRAA Federal Contractor, Equal Opportunity Employer

Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior /Principal Product Manager, IFS

As a Senior / Principal Product Manager at IFS based in Colombo, Sri Lanka, you'll dive into the exciting world of Aerospace & Defense by developing cutting-edge AI-based software solutions tailored for Airlines and Operators. Imagine collaborating with some of the brightest minds in the business, leading investment planning, and bringing innovation to life. Your role will be pivotal in shaping our product strategies and roadmaps, grounded in a comprehensive understanding of market trends and customer feedback. You will tap into your extensive aviation industry experience and expertise in airline operations to define compelling business cases and drive product success. We’re looking for someone who can not only analyze complex data to inform decision-making but also lead cross-functional teams with exceptional communication skills. In this role, you’ll have the opportunity to engage directly with customers and stakeholders, ensuring our products not only meet but exceed expectations. You will set key performance indicators (KPIs) to track our success and work closely with engineering teams to prioritize features that make a meaningful impact. If you're ready to take the leap into a role where you can lead innovation with an inclusive company that values creativity, collaboration, and diversity, then join us at IFS and #MakeYourMoment!

Frequently Asked Questions (FAQs) for Senior /Principal Product Manager Role at IFS
What are the primary responsibilities of a Senior / Principal Product Manager at IFS?

As a Senior / Principal Product Manager at IFS, your responsibilities include developing and executing product strategies and roadmaps for Airline-related products, conducting market analyses, engaging with customers for feedback, collaborating with engineering teams, defining KPIs to measure success, and implementing go-to-market strategies. You’ll be the bridge between technical teams and stakeholders, ensuring products align with market needs and company objectives.

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What qualifications are required for the Senior / Principal Product Manager position at IFS?

To qualify for the Senior / Principal Product Manager position at IFS, you should hold a degree in Software Engineering or a related STEM field, with an MBA being a plus. Additionally, 10+ years of relevant experience within the Aerospace & Defense industry, especially working with Airlines or OEMs, is necessary. Proven experience in bringing complex products from concept to deployment is crucial, alongside a deep understanding of aviation tools and regulations.

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How does IFS support the professional growth of Senior / Principal Product Managers?

IFS prioritizes professional growth by embracing flexible work opportunities and fostering an inclusive environment that encourages innovation. You'll have access to continuous learning, mentoring, and collaboration with diverse teams, all designed to enhance your skills and advance your career within the company.

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What is the work culture like for a Senior / Principal Product Manager at IFS?

The work culture at IFS is inclusive, collaborative, and driven by innovation. As a Senior / Principal Product Manager, you will be part of a global team committed to making a positive impact. Your input is valued, and your creativity is encouraged, making it a dynamic environment where you can thrive professionally and personally.

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Can you describe the product strategy and roadmap development process for a Senior / Principal Product Manager at IFS?

The product strategy and roadmap development process at IFS involves conducting thorough market and competitive analyses to identify trends and customer needs. As a Senior / Principal Product Manager, you'll collaborate with cross-functional teams to align product strategies with market opportunities and organizational objectives, all while ensuring that customer feedback informs your direction.

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Common Interview Questions for Senior /Principal Product Manager
How have you successfully brought complex Airline-related products from concept to deployment?

In answering this question, highlight your specific experiences with project timelines, stakeholder engagement, and how you navigated challenges during development. Discuss methodologies you used, such as Agile or Design Thinking, to ensure successful deployment. Make sure to include metrics of success and feedback from the deployment phase.

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What tools do you use to conduct market and competitive analyses in the aerospace industry?

Discuss specific tools and methods you've employed, such as market research surveys, data analytics platforms, or competitive intelligence tools. Be sure to mention how you leverage this data to inform product requirements and strategy, emphasizing the actionable insights you've derived from these analyses.

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Describe your experience engaging with stakeholders and gathering product requirements.

You should share a scenario where you effectively communicated with stakeholders, detailing your approach to gathering requirements. Include how you built relationships and trust with clients and experts, and the strategies you used to facilitate productive discussions that lead to successful outcomes.

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How do you prioritize features during the product development cycle?

Use this opportunity to discuss frameworks you rely on, such as the MoSCoW method or RICE scoring, and how you balance customer needs, technical feasibility, and business value. Explain how you communicate prioritization decisions to relevant teams, ensuring transparency and alignment.

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What key performance indicators (KPIs) do you consider important for measuring product success?

Outline specific KPIs you find critical, such as user adoption rates, customer satisfaction scores, or financial metrics like return on investment. Discuss how you track these indicators and adapt strategies based on the data to ensure the product remains aligned with market demands.

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Can you provide an example of a product challenge you faced and how you overcame it?

Select a relevant experience that illustrates your problem-solving skills. Explain the challenge, your analysis of the situation, and the steps you took to address it. Emphasize the outcome and any lessons learned that improved future product initiatives.

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How do you keep up with industry regulations and compliance for aviation software?

In your response, discuss your strategies for staying informed, such as participating in industry forums, reading regulatory updates, or networking with experts. Emphasize the importance of compliance in product development and how you ensure that your products meet industry standards.

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What communication strategies do you use when presenting product updates to senior leadership?

Highlight your approach to presenting clear, concise updates that focus on key metrics, project timelines, and next steps. Discuss the importance of storytelling in your presentations to engage stakeholders and how you tailor your message to address their interests and concerns.

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What strategies do you employ to gather and implement customer feedback in your product development?

Describe your methods for soliciting feedback, such as surveys or customer interviews, and how you synthesize this information to inform product iterations. Highlight examples of how customer feedback directly influenced product features or improvements.

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How would you handle a situation where cross-functional teams disagree on product priorities?

In your answer, focus on your mediation skills and emphasize the importance of fostering open communication. Discuss how you would facilitate a discussion to understand differing perspectives and aim for a consensus approach, ensuring that decisions are data-driven and aligned with overall product strategy.

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At IFS we develop cloud enterprise software for companies who want to be at their best when it matters most to their customers - at the #MomentOfService. This idea resonates with customers, partners and analysts, and has helped fuel growth. But wh...

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DATE POSTED
April 13, 2025

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