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(USA) Senior Product Manager -Pay & Financial Well-being Experiences - job 3 of 3

Position Summary...What you'll do...We are seeking a dynamic and experienced Senior Product Manager to lead the development and growth of our Pay & Financial Well-being Experiences. The ideal candidate will have a strong background in product management, with a focus on financial products and services. This role requires strategic thinking, exceptional communication skills, and the ability to work cross-functionally to deliver impactful solutions.Key Responsibilities:• Product Strategy and Vision: Develop and execute a comprehensive product strategy for our Pay & Financial Well-being Experiences, aligned with the company's overall mission and goals.• Market Research: Conduct market research to identify customer needs, market trends, and competitive landscape to inform product development.• Product Development: Lead the end-to-end product development process, from discovery to implementation, ensuring excellence of the experience.• Cross-functional Collaboration and Partnership: Work closely with business, user experience, engineering, and other teams to ensure cohesive and successful product launches.• Customer Focus: Advocate for the user by deeply understanding their needs and pain points, and incorporating their feedback into the product development cycle.• Performance Tracking: Define and track key performance metrics to measure product success and identify areas for improvement.• Leadership: Mentor and guide junior product managers, fostering a culture of continuous improvement and innovation.Key Skills, Knowledge, and Abilities:• At least 7 years of Product Management experience at a consumer or enterprise software company, preferably within the financial or HR technology space• Experience creating product roadmaps, product requirements documents (PRDs), user stories, and acceptance criteria• Experience with design thinking, persona journey mapping, user and market research, creating storyboards, and generating quick feedback loops in an agile delivery model• Experience defining success criteria and identifying key metrics to measure adoption and identify opportunities for improvement• Ability to prioritize workload and self-manage projects, balance multiple tasks, and meet deadlines• Being able to communicate well at different levels, particularly having experience presenting to executive leaders• Being flexible and open to the ambiguity of the changing landscape and ready to jump into anything.Qualifications:• Experience: Minimum of 5-7 years of product management experience, preferably in the financial services or fintech industry.• Education: Bachelor's degree in Business, Engineering, Computer Science, or a related field; MBA or advanced degree is a plus.• Skills:• Strong analytical and problem-solving skills.• Excellent communication, presentation, and partnership abilities abilities.• Proven track record of successfully launching and managing products.• Ability to work in a fast-paced, dynamic environment.• Proficiency in product management tools and software.About the TeamWalmart's People Product & Design organization fulfills Walmart's people-led, tech-powered vision by creating world-class experiences that attract, enable, and grow the workforce of the future. We are transforming the associate experience through consumer-grade, AI-powered digital experiences that serve 2.1 million associates across Walmart US, Sam's Club, Walmart International, and Campus. Our portfolio spans all aspects of the associate journey, including talent acquisition, talent management, workforce planning, learning, benefits, compensation, associate listening, time and attendance, core HR, payroll and more. We are the team behind some of Walmart's most innovative associate-centric tools, including Me@Campus, Me@Sams, and My Assistant. We proudly serve as a key driver of innovation within Walmart's Global People organization, reporting through Walmart's Chief People Officer.Here, you'll have the opportunity to bring your ideas to life, work on 0->1 digital experiences and make a lasting impact on the associate experience. Innovation is ingrained in our culture, fostering out-of-the-box thinking, creative problem-solving, and a willingness to challenge norms. Our team values open communication, respect, associate-centricity, and strategic thinking that's anchored on driving outcomes for our business and 2.1 million associates across the globe. We are reimagining the future of HR, leveraging AI to empower associates, making the complex simple, and enabling the Global People organization's boldest digital ambitions.Equal Opportunity EmployerWalmart, Inc. is an Equal Opportunity Employer - By Choice. We believe we are best equipped to help our associates, customers and the communities we serve live better when we really know them. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions - while being inclusive of all people.At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.For information about PTO, see https://one.walmart.com/notices .Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.For information about benefits and eligibility, see One.Walmart .The annual salary range for this position is $90,000.00-$180,000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:- StockMinimum Qualifications...Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Option 1: Bachelor's degree in computer science, engineering, or related area and 5 years' experience in product management. Option 2: 7 years' experience in product management or related area.Preferred Qualifications...Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.Master's degree in Computer Science, Engineering, Business Administration, or related area and 4 years' experience as a product manager, ideally working on consumer-facing, large-scale, highly complex B2B/C products, We value candidates with a background in creating inclusive digital experiences, demonstrating knowledge in implementing Web Content Accessibility Guidelines (WCAG) 2.2 AA standards, assistive technologies, and integrating digital accessibility seamlessly. The ideal candidate would have knowledge of accessibility best practices and join us as we continue to create accessible products and services following Walmart's accessibility standards and guidelines for supporting an inclusive culture.Masters: Business Administration, Masters: Computer Engineering, Masters: Computer SciencePrimary Location...508 Sw 8Th St, Bentonville, AR 72712, United States of America
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What You Should Know About (USA) Senior Product Manager -Pay & Financial Well-being Experiences, Walmart

Are you ready to take your expertise to the next level? Walmart is on the lookout for a Senior Product Manager to join our dynamic team in Centerton, AR, focusing on Pay & Financial Well-being Experiences. In this pivotal role, you’ll be at the forefront of creating innovative financial solutions that will significantly enhance the associate experience for over 2.1 million individuals across the Walmart ecosystem. Your mission will be to develop and execute a comprehensive product strategy while conducting insightful market research to uncover customer needs and industry trends. You’ll lead the entire product development process, bridging the gap between different teams and ensuring that each product launch is cohesive and successful. Your ability to advocate for the user will be crucial as you'll incorporate feedback and metrics to refine our offerings continually. With a strong foundation in Product Management—ideally with experience in financial services or fintech—you'll utilize your exceptional communication skills to present ideas to executive leaders while mentoring junior team members. If you're passionate about leveraging technology to empower associates and thrive in a fast-paced environment, we want you to join our forward-thinking team and help shape the future of financial well-being at Walmart!

Frequently Asked Questions (FAQs) for (USA) Senior Product Manager -Pay & Financial Well-being Experiences Role at Walmart
What are the key responsibilities of a Senior Product Manager at Walmart?

As a Senior Product Manager focused on Pay & Financial Well-being Experiences at Walmart, you'll be responsible for developing and executing the product strategy, conducting in-depth market research, leading product development from inception to implementation, collaborating with various teams for successful launches, and advocating for user needs. You'll also track performance metrics and mentor junior product managers, ensuring a culture of innovation and continuous improvement.

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What qualifications are required for the Senior Product Manager position at Walmart?

To be considered for the Senior Product Manager role at Walmart, candidates should possess a bachelor's degree in Business, Engineering, Computer Science, or a related field, with a minimum of 5-7 years of product management experience, particularly in the financial services or fintech sector. An MBA or advanced degree is an advantage. Strong analytical and problem-solving skills as well as excellent communication abilities are essential for success in this role.

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How important is teamwork for the Senior Product Manager role at Walmart?

Teamwork is fundamental to the Senior Product Manager role at Walmart. The position requires extensive collaboration across various departments, including business, user experience, and engineering teams, to deliver successful product launches. Your ability to communicate effectively and work cross-functionally will be critical in ensuring everyone is aligned and working towards the same objectives.

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What kind of work environment can a Senior Product Manager expect at Walmart?

Walmart's work environment for a Senior Product Manager is fast-paced and dynamic, designed to foster innovation and creativity. You'll be part of a team committed to transforming the associate experience through cutting-edge, AI-powered digital solutions. The culture encourages open communication, respect, and a forward-thinking approach to overcoming challenges, making it an exciting place to grow your career.

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What opportunities for career growth does Walmart offer for Senior Product Managers?

Walmart values talent development and offers substantial opportunities for career growth for Senior Product Managers. You will have the chance to lead significant projects, mentor junior team members, and influence company-wide strategies. With a robust focus on innovation and a culture that encourages continuous learning, successful candidates can advance within the organization, potentially moving into higher leadership roles.

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Common Interview Questions for (USA) Senior Product Manager -Pay & Financial Well-being Experiences
How do you prioritize tasks as a Senior Product Manager?

When prioritizing tasks as a Senior Product Manager, it’s essential to align with the overall product strategy and company goals. You can utilize frameworks like the Eisenhower Matrix or MoSCoW to categorize tasks. Discuss specific examples from your experience where prioritization led to successful project outcomes to demonstrate your strategic thinking.

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Can you describe your experience with market research?

Market research is crucial in product management. Highlight your experience in identifying customer needs, analyzing market trends, and competitor evaluations. Share a specific instance where your insights from market research significantly influenced product development or strategy.

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How do you gather and implement user feedback in your products?

Gathering user feedback may involve surveys, usability tests, and user interviews. Explain how you collect this feedback, analyze it, and incorporate it into the product development cycle. Share a success story where user feedback led to a notable improvement in product performance.

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What product management tools are you proficient in?

Discuss the specific product management tools you have experience with, such as Jira, Trello, or Asana, as well as analytics tools like Google Analytics. Explain how these tools have helped you streamline processes and enhance project visibility.

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How do you pursue innovation within your product line?

Innovation involves continuous learning and adapting to market changes. Describe your approaches to fostering a culture of innovation within your team, such as brainstorming sessions, hackathons, or encouraging team members to explore emerging technologies relevant to the financial sector.

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Can you provide an example of a successful product launch you led?

Prepare a story that outlines the product, your role in its development, and the outcomes. Focus on the strategies you employed, how you overcame challenges, and metrics that demonstrate its success post-launch.

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How do you stay updated with trends in financial technology?

Staying updated involves regular reading of industry publications, attending conferences, and following thought leaders on platforms like LinkedIn. Share specific resources that you rely on and discuss how you leverage this knowledge to inform product strategies.

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What role does cross-functional collaboration play in your projects?

Cross-functional collaboration is vital for successful product outcomes. Discuss how you build relationships with teams such as design, engineering, and marketing, and provide an example of how this collaboration led to enhanced product delivery and user satisfaction.

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How do you measure the success of a product?

Measuring product success involves defining KPIs and using analytics tools. Explain how you set metrics such as user engagement, retention rates, and customer satisfaction levels to assess the product’s impact and areas for improvement.

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Describe a time you had to pivot a product strategy.

Detail an experience where you had to quickly adapt a product strategy in response to market feedback or unforeseen challenges. Discuss the steps you took to reassess the situation and the eventual outcomes to showcase your agility and strategic thinking.

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December 8, 2024

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