Director Product Management

Summary of This RoleThe role (based in Cologne and/or Frankfurt am Main – Germany) is part of the Senior Leadership Team reporting into the Board of Directors Germany and responsible for translating the business strategy of GP PAI into an actionable country specific product strategy with a strong focus on the German market requirements, taking into account GP’s overall product capabilities. Additionally the role focuses on embedding the German PM team into the global product development structure of GP. As such the role is a key contributor to the financial success of GP PAI by deriving a Go-to-Market strategy for existing and upcoming products as well as to manage the product lifecycle with all relevant stakeholders.What Part Will You Play?Provides leadership and vision to Product Managers across all stages of the product life-cycle, to include innovation and ideation, conceptual analysis, planning, product development and deployment, sales , marketing, product and client support, product sustainment and enhancement, product retirement.Leads, establishes and promotes strategic focus and provides high level or in-depth direction of the work, decisions and processes. Sets the staff, product and business strategy across all stages of the product life-cycle. Provides a strong industry and market focus to ensure the company remains current, relevant and leading.Identifies key business opportunities, supports the refinement of strategies, and highlights new technologies, partnerships, and start-ups that result in the development and delivery of new products and services. Increases the company\\\’s ability to improve current solutions and provide innovative new solutions in a timely manner to drive the success of our clients and their customers. Conducts complex analysis of data, requests, and facts. Solves complex problems through recommendations, which typically deviate from established procedures. Uses individual judgment to make and approve recommendations for actions or changes to established methods. Requires the ability to adapt and establish methods to new situations as business needs change. Requires the ability to anticipate these changes and act accordingly.Requests and reviews regular reporting for provisioning to management on product or project status, work requests, process improvements. Establishes the vision and objective of client and strategic product meetings. Presents internal and external initiatives to large groups and/or Executive Management. Communicates with clients to gain consensus and/or compromise on problems involving confidential and sensitive information.Directs the team in managing third party supplier relationships with companies that assist in delivering products to clients, to include leading and managing partner management staff, developing and maintaining relationships with supplier executives, negotiating supplier contracts, leading and managing vendor management controls, and optimizing business opportunities with third party supplier partnersParticipates in setting the strategy for and consulting on product pricing, client billing for services and on-going products or features. Presents recommendations to the Product Advisory Committee, the European Product Advisory Committee, the Pricing Committee, Investment Decision Council or other approving bodies. Oversees, creates and promotes strategic direction and focus and provides high level or in-depth direction of the work, decisions and processes necessary to meet corporate and/or segment objectives.Analyses, tracks and reports on multiple product profit and loss statements. Plans overall annual budget for multiple product cost center(s) to include employment expense, development, operational and global technology costs, product marketing, research and consulting costs, industry and client travel, and tools and resources needed to maintain high level of client service.Leads the management of multiple products, associated tasks and problems. Oversees defined methods and monitors financial/effectiveness measures to quantify contribution to the company\\\’s income and expenditure. Establishes communication to ensure projects, research, business cases, reporting, and contracts are completed on schedule and with quality. Monitors overall resource allocation. Sets direction and strategy for capacity and is held accountable.What Are We Looking For in This Role?Minimum QualificationsBachelor\\\’s DegreeRelevant Experience or Degree in: related field of study from an accredited university is required; however, relevant experience in lieu of a degree may be considered.Typically a minimum of 10 years in related professional experience including a minimum of 5-6 years experience in a managerial position.Your ProfileThe successful candidate must demonstrate high energy, commitment and drive. A true team orientation is a must.Core CompetenciesStrategic Vision & PlanningAbility to develop and execute long-term product strategiesUnderstanding of market trends and competitive landscapeCapacity to balance short-term objectives with long-term visionLeadership & Team ManagementExperience leading cross-functional teamsStrong mentoring and coaching abilitiesAbility to foster innovation and creativityBuilding high-performing product teamsTechnical AcumenUnderstanding of payment processing technologiesKnowledge of credit card acquiring systemsFamiliarity with industry compliance requirementsAbility to translate technical possibilities into business opportunitiesEssential Knowledge AreasIndustry ExpertiseDeep understanding of credit card acquiring industryKnowledge of payment processing regulationsFamiliarity with merchant services ecosystemUnderstanding of competitor landscapeProduct DevelopmentComprehensive knowledge of product development methodologiesUnderstanding of product lifecycle managementExperience with go-to-market strategiesKnowledge of market research techniquesBusiness OperationsUnderstanding of business metrics and analyticsKnowledge of financial planning and budgetingExperience with operational efficiency improvementUnderstanding of stakeholder managementKey SkillsStrategic PlanningRoadmap development and executionMarket opportunity identificationCompetitive analysisResource allocation planningCommunication & CollaborationStakeholder managementCross-functional team leadershipClear communication of vision and strategyConflict resolution and negotiationData Analysis & Decision MakingData-driven decision-making capabilitiesMarket trend analysisPerformance metrics interpretationRisk assessment and mitigationRequired AbilitiesLeadership CapabilitiesTeam motivation and engagementStrategic direction settingChange managementTalent development and retentionBusiness AcumenMarket opportunity identificationRevenue growth strategiesCost optimizationResource allocation effectivenessProduct InnovationNew product ideationFeature prioritizationUser experience enhancementTechnology integration assessmentExpected BehaviorsResults-OrientedFocus on measurable outcomesData-driven decision-makingContinuous improvement mindsetPerformance metric trackingCollaborativeCross-functional partnership developmentStakeholder engagementTeam empowermentOpen communication practicesAdaptiveEmbracing change and innovationQuick response to market shiftsContinuous learning orientationFlexibility in strategic planningWhat we offer youLots of scope for your ideas and initiatives International, dynamic environmentSteep learning curve and independent workFlexible working time model & 30 vacation days per yearPermanent position with fair remunerationModern offices in a central location in Cologne or FrankfurtMobile working (2 days remote / week)Free drinks, fresh fruit & regular team eventsCollegial working atmosphere at eye levelGlobal Payments Inc. is an equal opportunity employer. Global Payments provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including pregnancy), national origin, ancestry, age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other basis protected by law. If you wish to request reasonable accommodations related to applying for employment or provide feedback about the accessibility of this website, please contact jobs@globalpay.com. #J-18808-Ljbffr