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Principal Product Manager, BIN Sponsorship
Job in
Charlotte, Mecklenburg County, North Carolina, 28245, USA
Listed on 2026-10-20
Listing for:
Truist
Full Time
position Listed on 2026-10-20
Job specializations:
-
Business
Corporate Strategy, Business Analyst -
Management
Corporate Strategy, Business Analyst
Job Description & How to Apply Below
Regular or Temporary:
Regular Language Fluency:
English (Required)
Work Shift:
1st shift (United States of America)
Serve as the business and product owner for BIN acquiring, leading strategy, development, and commercialization, coordinating across product, technology, operations, risk, networks, and partners to deliver scalable capabilities and drive client and revenue growth.
ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Strategic Planning and Management Portfolio and Business Planning- Plan, promote, manage, and coordinate activities for the assigned product portfolio, ensuring synergy with related product line managers to meet objectives.
- Lead the development, execution, and maintenance of a product profit and loss and product family business plan that includes sales and gross profit margin history, projections, key market positions, and competitive strategies.
- Establish, socialize, and manage the development of clear pricing strategies, discount structures, and guidelines for all sales channels and target markets; analyze market data, competitive data, segment data, revenue/cost/profitability data, and product/product line strategy.
- Adhere to and follows all applicable policies and procedures; proactively escalation issues and risks to senior leadership's attention
- Document and socialize concepts for new products and/or line extensions to meet existing or anticipated market needs; present to management as appropriate.
- Support the development of new products and/or line extensions as required pursuant to pre-established product development processes.
- Develop strategies for product profitability and monetization, ensuring revenue growth through innovative pricing models and market expansion.
- Lead the development of volume forecasts based on historical trends, market environment, business plan, and pricing strategy impacts.
- Responsible for agile methodologies, including managing backlogs, writing user stories, prioritizing sprint work, and ensuring alignment with business objectives.
- Drive collaboration with cross-functional teams, including technology and scrum teams, to develop and refine the product roadmap and ensure alignment of product development efforts with business objectives.
- Partner with marketing teams to create compelling product positioning and messaging.
- Develop and lead a high-performing product team, fostering a culture of innovation and continuous improvement.
- Support sales through joint sales calls to key clients; provide trade show support and participate in conference calls.
- Develop and maintain high-quality go-to-market content that is competitive in the market.
- Initiate and maintain awareness of the competition and other market forces affecting the product line through effective networking and research.
- Identify and assess opportunities for new products and/or line extensions and develop strategies to capture new target markets.
- Act as a mentor and/or team lead to junior product managers, product associates, and analysts.
- Develop and lead a high-performing product team, fostering a culture of innovation and continuous improvement.
- Initiate and encourage continuous process improvement by developing ways to assess and maximize opportunities for change.
- Partner with technology and scrum teams to ensure alignment of product development efforts with business objectives.
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