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Product Manager, Serve Pillar

Company Description

McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100 countries that serve 70 million customers daily. We continue to operate from a position of strength. Our updated growth strategy is focused on staying ahead of what our customers want and realizing further growth potential. Our relentless ambition is why McDonald’s remains one of the world’s leading corporations after almost 70 years. Joining McDonald's means thinking big and preparing for a career that can have influence around the world.

At McDonald’s, we see every day as a chance to create positive impact. We lead through our values centered on inclusivity, service, integrity, community and family. From support of Ronald McDonald House Charities to our Youth Opportunity project and sustainability initiatives, our values keep us dedicated to using our scale for good: good for our customers, people, industry and planet. We also offer a broad range of outstanding benefits including a sabbatical program, tuition assistance and flexible work arrangements.

Job Description

As a Product Manager, you will drive the product strategy, prioritization, and roadmap for building & optimizing our customer experiences related to payments. You will work closely with cross-functional teams, including engineering, design, marketing, and operations, to drive product innovation and achieve business goals. You will be the champion of the customer and crew, translating their needs and feedback into product requirements and driving customer-centric product development. The ideal candidate is a customer-first product innovator who can lead and inspire cross-functional teams to deliver exceptional products that customers love and that win for the business. ​

  • Develop and implement the product strategy and roadmap for Payment experiences, aligning with overall business goals and market trends.​
  • Effectively work within the McDonald’s digital product operating model to drive toward better customer outcomes in accordance with McDonald’s strategic goals.​
  • Collaborate with partners to implement experiences that align with the global personalization strategy.​
  • Drive end-to-end product development, including conducting market research, defining customer requirements, crafting product ideas, epics, stories, and acceptance criteria while partnering with engineering & design teams to develop and launch new products and features.​
  • Deeply understand customer and restaurant crew needs, difficulties, and behaviors through research, user feedback, and market analysis.​
  • Use insights to guide product decisions and prioritize product backlog items.​
  • Stay up to date with industry trends and technologies to advise product strategy and ensure the product portfolio remains competitive.​
  • Facilitate release planning, weekly demos with partners and other Agile practices on an operational basis.​
  • Collaborate with cross-functional teams and global markets including engineering, design, marketing, operations, and customer support, to ensure smooth execution of product initiatives. Develop a collaborative environment and build strong relationships with team members to align product goals and achieve business objectives.

Benefits eligible: Yes
Bonus eligible: Yes
Long term incentive eligible: Yes
The expected salary range for this role is $129,800 - $165,490 per year
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors.

Qualifications

  • Bachelor’s or master’s degree or equivalent work experience​
  • 4+ years of experience in product management.​
  • Ability to influence and collaborate with cross-functional teams.​
  • Experience in an agile product management role​
  • Experience leading cross-functional teams and projects​
  • Experience at a consumer/retail company is preferred.​
  • Experience building payment experiences in a retail context is highly preferred.​
  • Proficiency with Jira product suite preferred. (e.g. Jira, Jira Plan, Jira Product Discovery, Confluence, Jira Align)​
  • Technical or design background is a plus.

Additional Information

Benefits eligible: This position offers health and welfare benefits, a 401(k) plan, adoption assistance program, educational assistance program, flexible ways of working, and time off policies (including sick leave, parental leave, and vacation/PTO). Eligibility requirements apply to some benefits and may depend on job classification and length of employment. 

Bonus eligible: This position is eligible for a bonus, calculated based on individual and company performance.

Long term Incentive eligible: This position is eligible for stock or other equity grants pursuant to McDonald’s long-term incentive plan.

 

McDonald’s is an equal opportunity employer committed to the diversity of our workforce. We promote an inclusive work environment that creates feel-good moments for everyone. McDonald’s provides reasonable accommodations to qualified individuals with disabilities as part of the application or hiring process or to perform the essential functions of their job. If you need assistance accessing or reading this job posting or otherwise feel you need an accommodation during the application or hiring process, please contact [email protected]. Reasonable accommodations will be determined on a case-by-case basis.

McDonald’s provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to sex, sex stereotyping, pregnancy (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), race, color, religion, ancestry or national origin, age, disability status, medical condition, marital status, sexual orientation, gender, gender identity, gender expression, transgender status, protected military or veteran status, citizenship status, genetic information, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Nothing in this job posting or description should be construed as an offer or guarantee of employment.

Average salary estimate

$147645 / YEARLY (est.)
min
max
$129800K
$165490K

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 Product Manager, Serve Pillar, McDonald's Corporation

Are you ready to make a difference at one of the world’s most recognizable brands? McDonald’s is on the lookout for a dynamic Product Manager for the Serve Pillar to help us optimize and innovate our customer payment experiences. In this role, you'll be at the forefront of our customer interactions, collaborating with cross-functional teams that include engineering, design, marketing, and operations. Your mission will be to translate our customers' needs and feedback into actionable product strategies that enhance their experiences with our services. You will dive into market research and user feedback, driving the end-to-end development of our payments portfolio. We're seeking someone with a customer-first mindset who can balance innovation with practicality, ensuring our product initiatives align with McDonald’s strategic objectives. Your responsibilities will include shaping product roadmaps, executing market analyses, and staying ahead of industry trends. Plus, with our commitment to inclusivity, community impact, and sustainability, you’ll find that your work here truly matters. If you're passionate about creating engaging and effective solutions that make a difference in the lives of our customers and crew, join us at McDonald's in Chicago. With a competitive salary and benefits like tuition assistance and flexible working arrangements, this opportunity will allow you not only to grow your career but also to make a positive impact.

Frequently Asked Questions (FAQs) for Product Manager, Serve Pillar Role at McDonald's Corporation
What are the main responsibilities of the Product Manager at McDonald's?

As a Product Manager at McDonald's, your key responsibilities include developing and implementing the product strategy for payment experiences, collaborating with various teams, conducting market research, and translating customer feedback into product requirements. You're expected to lead the end-to-end product development process, ensuring that the payment systems we use are not only effective but also enhance customer satisfaction.

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What qualifications are required for the Product Manager position at McDonald's?

To be considered for the Product Manager role at McDonald's, candidates should have a Bachelor’s or Master’s degree, along with 4+ years of experience in product management. Experience in an agile product management role, leading cross-functional teams, and preferably building payment experiences in a retail context is highly valuable. Familiarity with tools like the Jira product suite is also preferred.

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How does McDonald's ensure a customer-first approach in product development?

McDonald's emphasizes a customer-first approach by encouraging its Product Managers to deeply understand customer behaviors and needs through research and user feedback. This insight is vital in guiding product decisions, prioritizing the product backlog, and ensuring that our offerings align with what our customers desire, ultimately driving better outcomes for everyone involved.

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What kind of team collaboration can a Product Manager expect at McDonald's?

At McDonald's, a Product Manager will engage with a diverse range of cross-functional teams, including engineering, design, marketing, and operations. This collaboration is crucial to align product goals and achieve shared business objectives, fostering a supportive atmosphere where innovation thrives and team members unite to deliver exceptional products.

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What benefits does McDonald's offer for the Product Manager role?

The Product Manager position at McDonald's comes with an array of benefits including health and welfare plans, a 401(k) plan, tuition assistance, flexible work arrangements, and options for bonuses and long-term incentives. McDonald's is committed to fostering an inclusive work environment that promotes growth and development.

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Common Interview Questions for Product Manager, Serve Pillar
Can you explain your experience with developing a product roadmap?

When answering this question, highlight specific examples from your past roles where you successfully created a product roadmap, emphasizing your strategic thinking and how you aligned it with both company goals and customer needs.

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How do you prioritize features in your product backlog?

Discuss your approach to prioritization methods, such as the MoSCoW or value vs. effort matrix, and provide insights into how customer feedback and market trends influence your decisions as a Product Manager at McDonald's.

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Describe a time you led a cross-functional team to achieve a product goal.

Share a narrative of a relevant project, focusing on your leadership style, how you resolved conflicts, and the techniques you used to foster collaboration among team members to meet the project goals.

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What tools do you prefer for managing product development?

Mention specific tools like Jira or Confluence that you've used effectively in previous roles, elaborating on how they helped streamline the product development process and improved team communication.

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How do you stay updated with industry trends and competitor activity?

Emphasize your commitment to continuous learning, utilizing resources such as webinars, industry reports, and networking with other professionals to remain knowledgeable about shifts in the payments landscape.

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What is your approach to gathering customer feedback?

Outline your methods for collecting and analyzing customer feedback, such as surveys, user testing, or focus groups, and explain how such insights inform your product development at McDonald's.

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How do you define success for your product initiatives?

Define success metrics such as user adoption rates, customer satisfaction scores, and revenue targets. Illustrate how you gather and analyze these metrics to evaluate product performance.

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What challenges have you faced in product management, and how did you overcome them?

Address a specific challenge you encountered, detailing your problem-solving approach, the actions you took, and the lessons learned that you subsequently applied to future projects.

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Can you give an example of how you used data to make a product decision?

Provide an example where data analysis led to a pivotal decision, explaining the metrics used, how they influenced your decision-making, and the positive outcomes resulting from that choice.

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Why do you want to work at McDonald's as a Product Manager?

Reflect on McDonald’s values and vision, and connect them with your own passion for customer-centric product development. Share what excites you about the opportunity to impact a global brand focused on creating a positive customer experience.

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McDonald's Corporation is a chain of fast food restaurants. Headquartered in Oak Brook, Illinois, the company's famous menu items include the Big Mac, Chicken McNuggets and Egg McMuffin. McDonald's is a publicly owned company and operates a Canadi...

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March 13, 2025

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