Senior Consultant - Product Management (Hybrid/Onsite) - job 7 of 19

The Senior Consultant - Product Management at Visa is responsible for leading the OVN Product Strategy team, focusing on product development, management, and strategy to support OVN's global rollout. This involves coordinating closely with product partners and technology teams, defining non-functional requirements, and managing multiple project workstreams. The role also requires collaboration with diverse teams to plan and execute roadmaps while ensuring effective stakeholder communications are maintained.

For the Senior Consultant - Product Management position at Visa, candidates typically need a strong background in product management and strategy, especially related to payment systems. Familiarity with VisaNet processing, authorization, and value-added services is advantageous. Experience in using generative AI models or prompt engineering is beneficial but not essential. Additionally, strong communication skills for executive-level updates and team collaboration are crucial.

The Senior Consultant - Product Management plays a pivotal role in Visa's OVN initiative by designing and executing the Go-To-Market strategy. This includes overseeing technical readiness activities, ensuring that product objectives are met efficiently, and managing relationships with multiple teams across the organization. The consultant guides the development of future OVN products while keeping an eye on market trends and regulatory changes, all of which are essential for successful product implementation.

The Senior Consultant - Product Management position at Visa follows a hybrid work model. This means that while there is flexibility to work remotely, specific days in the office will be determined by your hiring manager. This hybrid format helps maintain collaboration and ensures team cohesion while allowing for personal work preferences.

To succeed as a Senior Consultant - Product Management at Visa, candidates should have strong analytical and strategic thinking skills to drive product development effectively. Effective communication is essential for conveying ideas and updates to stakeholders. Additionally, knowledge of VisaNet processing and market trends in payment technologies will be beneficial. Familiarity with generative AI tools and prompt engineering can also provide a competitive edge in this role.

In answering this question, focus on your specific experiences in managing financial products or services, detailing examples of successful launches and strategies. Highlight your understanding of financial regulations, user needs, and technical requirements, as these elements are crucial in the financial services landscape.

Discuss your process for identifying and defining non-functional requirements based on user expectations and technical standards. Mention how you collaborate with cross-functional teams to gather input and ensure all aspects like performance and security are considered in the product design.

Emphasize the importance of clarity and conciseness when communicating with executives. Share your approach to tailoring messages based on stakeholder interests and providing actionable insights. Discuss using visual aids like dashboards or charts to simplify complex information.

Share a tangible example that outlines the steps you took in developing the strategy, the challenges faced, and the results obtained. Highlight your research into market trends, competitor analysis, and how you engaged teams to implement the strategy successfully.

Articulate the methods you employ to keep abreast of industry trends, such as attending webinars, reading relevant publications, and participating in professional networks. Mention your adaptation of innovative practices into your work that align with current trends.

When sharing your experience, focus on the project scope, the teams involved, and the specific roles you played in facilitating collaboration. Highlight how you navigated any conflicts or challenges and the final outcome of the project.

Illustrate your experience with data analysis in product management. Discuss how you identify key metrics, gather user feedback, and utilize analytics to inform product tweaks or strategic shifts. Providing a specific instance will enhance your answer.

Emphasize the importance of customer feedback as a critical input for decision-making. Discuss how you systematically gather and analyze feedback to guide product adjustments and innovations, ensuring they meet user needs effectively.

Share your perspective on the essential attributes such as strong communication, cross-functional collaboration, analytical skills, and the ability to adapt to changing market conditions. Make sure to explain how these traits contribute to a product manager's success.

Answer this by discussing potential challenges such as aligning diverse team goals with overarching product objectives. Mention the importance of open communication and adaptability and how you plan to proactively address these challenges.