Exploring the Role of Director, Product Management-Open Banking at Capital One
Product Management is a burgeoning field that calls for disrupting the norm, identifying opportunities for generating value, and driving sustainable, innovative customer experiences via technology. At Capital One, we believe our combination of business portfolio, growth investments, and transformation will result in a company with the scale, brand, capabilities, personnel, and values necessary for success in the face of the digital revolution that is transforming our society and industry.
The Product Leader’s Role in the Open Banking Team
As a Product Leader in the Open Banking Team, you will take on several crucial responsibilities. One of your main roles will be to help define Capital One’s long-term vision for leveraging open banking data. This vision will need to be championed to our Senior Leadership and delivered through your cross-functional team.
You will also be tasked with developing a product and business strategy, prioritizing investments to achieve our vision, and rallying support from the Business Divisions. Collaboration will be key, as you will need to work with cross-functional partners like Business, Engineering, Design, Data Analytics, Data Science, Legal, and Risk to refine the strategy and deliver the required capabilities.
One of your major tasks will be setting the requirements and delivering Capital One’s Enterprise-wide open banking Platform. You will also need to ensure that our product portfolio meets or exceeds the requirements set forth by the upcoming relevant open banking regulations in the US and Canada.
Supporting the Business in launching and scaling new open banking use cases or experiences will also fall under your purview. Additionally, you will be expected to coach and grow a high-performing team of Product and Process Managers.
Capital One Product Framework
In this role, you will be expected to demonstrate proficiency in five key areas that we consider to be the foundation for successful Product management:
- Human Centered: You will need to obsess about internal and external customer needs to reimagine and innovate product solutions.
- Business Focused: You will need to deliver game-changing outcomes by focusing on leverage and execution excellence.
- Technology Driven: Leveraging technology to deliver innovative and resilient solutions that enable both near term and long term value will be key.
- Integrated Problem Solving: Identifying and resolving complex problems to deliver outcomes while mitigating product risks is also crucial.
- Transformational Leadership: You will need to lead cross functional teams to solve customer problems and drive organizational alignment.
What We’re Looking For
We’re looking for candidates who are intellectually curious and comfortable navigating between big ideas and executional realities to create an achievable strategic Product Vision. If you are comfortable influencing a group of executives, communicating your product vision clearly to your associates and partners, and can be open to different communication styles and listen carefully to diverse sets of ideas, you would be a good fit.
We value doers who are biased toward action and are willing to make commitments and trade-offs with other leaders to remove impediments for their team. Passion and customer focus are also important, as is the desire and ability to connect with our external or internal customers to fully understand their needs and build long-lasting relationships.
If you have an appetite to learn new things or new technologies while exhibiting humility, and seek internal solutions before building new ones, then you might be the candidate we’re looking for. We also value team players who enjoy working with diverse people, driving the team toward a common goal, and can coach others in product development.
Basic and Preferred Qualifications
To qualify for this role, you should have at least 7 years of experience working in Product Management and should be in the process of obtaining a Bachelor’s Degree or a Master’s Degree in a quantitative field or an MBA with a quantitative concentration.
Preferred qualifications include experience translating business strategy and analysis into consumer-facing digital products, 8+ years of experience in Agile product management, and 8+ years of experience developing and executing on long-term business strategy.
Interested candidates can find more information about the role and apply Here.
Capital One is an equal opportunity employer committed to non-discrimination in compliance with applicable federal, state, and local laws. We promote a drug-free workplace and will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws.
