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(USA) Senior Product Manager -Pay & Financial Well-being Experiences - job 1 of 2

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

If you’re looking to make a significant impact in the world of financial services, look no further than the Senior Product Manager role at Walmart! This exciting position is centered around leading the development of our Pay & Financial Well-being Experiences. As a Senior Product Manager, you'll harness your extensive product management experience in a fast-paced environment, guiding cross-functional teams toward building exceptional products that truly resonate with our users. You’ll engage in comprehensive market research to pinpoint customer needs and pave the way for strategic product development. Your role isn’t just about managing projects – it’s about being the voice of the customer, infusing user feedback into every development cycle, and ensuring that each feature aligns with our company’s mission. At Walmart, we value innovation. Your work will drive advancements in our digital experiences tailored for over 2.1 million associates. Plus, you’ll mentor junior team members, sharing your knowledge and fostering an atmosphere of creativity and improvement. If you have a solid background in financial products and a genuine love for tackling challenges, we can’t wait to have you on board to transform the associate experience!

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

The Senior Product Manager at Walmart is tasked with developing and executing comprehensive product strategies for Pay & Financial Well-being Experiences. This includes conducting market research, leading product development from start to finish, advocating for users' needs, and ensuring successful partnerships across teams. You'll also be responsible for tracking performance metrics to gauge success and foster continuous improvement in product delivery.

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

To qualify for the Senior Product Manager role at Walmart, candidates must have at least 5 to 7 years of product management experience, preferably in financial services. A Bachelor's degree in Business, Engineering, Computer Science, or a related field is required, while an MBA or advanced degree is a plus. Strong analytical skills, excellent communication abilities, and experience with product management tools are also essential.

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How does Walmart support career growth for Senior Product Managers?

Walmart is committed to fostering career growth for its Senior Product Managers through mentorship and hands-on experience. In this role, you’ll have the chance to mentor junior product managers, sharing insights and best practices. The culture at Walmart encourages open communication and continuous improvement, helping you advance your skills while driving significant impacts within the organization.

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What is the salary range for a Senior Product Manager at Walmart?

The annual salary range for a Senior Product Manager at Walmart is between $90,000 and $180,000, with performance-based bonuses adding to the overall compensation. This competitive pay structure is designed to reflect the significant responsibilities of the role and the value brought to our team and the company.

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Can you explain the work environment for the Senior Product Manager role at Walmart?

The work environment for the Senior Product Manager position at Walmart is dynamic and collaborative. You will be part of a team that values innovation and strategic thinking, working closely with various departments to deliver exceptional financial products. The culture is centered around creativity and respect, making it an engaging place to advance your career while driving meaningful change.

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Common Interview Questions for (USA) Senior Product Manager -Pay & Financial Well-being Experiences
Can you describe your experience with product roadmapping?

In discussing product roadmapping, emphasize your previous experience in creating and maintaining product roadmaps. Detail how you prioritized features based on user feedback and market trends, and discuss tools or methodologies you utilized to ensure the roadmap aligns with business goals and customer needs.

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How do you prioritize features when developing a product?

When prioritizing features, focus on criteria such as user impact, feasibility, and strategic alignment. Share specific examples where you utilized user feedback and data to inform your decisions, and explain how you balanced business objectives with customer needs to determine what features to pursue.

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Can you share an example of a successful product launch you managed?

When sharing a product launch example, detail the steps you took from conception to post-launch analysis. Highlight how you collaborated with cross-functional teams, incorporated feedback, and tracked key performance metrics to measure the success of the product after launch.

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How do you handle project ambiguity and changes during development?

In handling ambiguity, emphasize your adaptability and problem-solving skills. Share a situation where unexpected changes occurred during development and explain how you communicated with your team, reassessed priorities, and kept the project on track while addressing stakeholder concerns.

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What is your approach to conducting market research?

Your approach to market research should emphasize qualitative and quantitative methods. Discuss utilizing surveys, focus groups, and competitive analysis to gather valuable insights. Highlight how this information has driven product decisions and met customer needs in your previous projects.

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How do you incorporate user feedback into product development?

Incorporating user feedback should highlight your commitment to user-centric design. Discuss methods like user testing, surveys, and analyzing usage data to gather insights. Explain how this feedback informed feature updates and enhanced overall user experience in your past roles.

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How do you measure the success of a product post-launch?

Discuss key performance indicators (KPIs) such as user adoption rates, customer satisfaction scores, and revenue impact. Provide an example of a product you launched and detail how you tracked these metrics to identify areas for improvement and informed future product strategies.

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What strategies do you use to lead cross-functional teams?

Emphasizing collaboration, discuss your strategies for leading cross-functional teams, such as clear communication, setting shared goals, and fostering a sense of ownership among team members. Share an example illustrating how these strategies yielded successful outcomes in your previous projects.

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How do you stay current with market trends in financial technology?

To stay current with trends in financial technology, highlight reading industry publications, attending conferences, and participating in relevant networking groups. Share how this ongoing research has influenced your approach to product development and innovation in previous roles.

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Can you explain the role of mentorship in your career as a product manager?

Discuss the significance of mentorship by sharing how mentoring others has been a mutually beneficial experience, enhancing both your skills and those of your mentees. Highlight specific examples where shared knowledge led to breakthroughs in product development or team dynamics.

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