Education: The Director of Product Management must have a master’s degree in Product Leadership, Business Administration, Marketing, Finance, Economics, or a comparable professional experience.
Experience and Track Record: A good applicant will have 10-15 years of experience performing tasks as a Head of Product Management. He’ll also have experience with product planning, creating and launching successful products, unifying product portfolios, and SaaS product lines. Candidates will also need to demonstrate thought leadership experience in order to be better positioned to manage and inspire such a large and vital department. A prospective applicant for the post will have some financial services expertise as a plus.
Communication Skills: In addition, the Director of Product Development will have exceptional communication abilities. Because the role is cross-functional in nature, it necessitates regular interaction and debate with other departmental directors. The Director of Product Management will also make common presentations to the Chief Product Officer and stakeholders and represent the firm and product at external events. These jobs necessitate that the person filling them has excellent communication abilities, both verbal and written.
Analytical Skills: As stated in the functions, the Director of Product Management is in charge of evaluating and approving offered solutions and plans from younger managers. So as a result, employees will be able to synthesize a diverse set of complex data and information to develop better strategies, solutions, workflows, and procedures for presentation to the Chief Product Officer and other stakeholders.
Leadership: All junior managers turn to you for leadership and direction as the Director of the Product Management department. As a result, the Director must possess exceptional leadership characteristics and the capacity to convince and motivate junior managers to implement diverse product methods or strategies. In addition, the Director serves as a mentor for junior managers, providing direction in the performance of their duties and preparing them to take over the Director’s role in the event of his absence or retirement.
People Skills: Because this position requires a high level of contact, candidates must have exceptional people skills in addition to leadership skills. People skills allow for the development of long-term working connections with customers and smooth internal collaboration and function performance.
MS Office: The Director must be familiar with Ms Word and Ms Excel’s analytical capabilities. To generate engaging content for presentations to the Chief Product Officer, stakeholders, and external partners, he must also demonstrate skill in using PowerPoint.
Work Ethic: The Director must be a person who completes assignments on time, follows work processes, policies, ethics, and is a creative thinker who can design product solutions on short notice, and who maintains calmness and composure despite a high workload and pressure.