What are the responsibilities and job description for the Principal Product Manager position at Open Opportunities?
In this hybrid role based at our Chicago Headquarters, the Principal Product Manager is responsible for shaping and advancing enterprise-wide product strategy for Deposit Products (checking/savings/certificates) and Consumer Lending Products (credit card, home, vehicle, and personal loans) This role leads the design, development, and deployment of product strategies that enhance member experience, drive innovation, and support long-term growth. The ideal candidate maintains deep competitive and industry knowledge across products, features, benefits, emerging technologies, and market opportunities, and uses those insights to inform strategic direction and prioritization. As a senior driver, this role guides cross-functional partners to deliver scalable product solutions that create business value and improve member outcomes. This is an ideal opportunity for a strategic, hands-on product leader who enjoys influencing teams to turn vision into impact.
Essential Responsibilities
- Design, develop and deploy the product strategy at Alliant including but not limited to product roadmaps, new/emerging technologies, ROI analysis and risk strategies
- Create and maintain industry and competitive intelligence and seeks to be at the leading edge of product innovation and strategic evolution. Seek out best practices, case studies, risk assessments, and new technologies/partners in the industry
- Partner with digital and product teams to endure digital integration of product features, product design, and outstanding user experience
- Responsible for the performance of product solutions such as member experience, growth, ROI, risk, and utilization/engagement
- Responsible to analyze reporting and analytics for product performance.
- Maintain regulatory and compliance knowledge and ensures Alliant's product strategies are within regulatory guidelines
- Monitor and analyze product performance metrics, user feedback and market trends to iterate and improve. Monitor project progress, identify risks to mitigate risk and develop balanced underwriting and performance strategies
- Act as the primary point of contact for product-related inquiries from internal stakeholders, customers, and partners. Communicate product plans, updates, and roadmap changes to ensure alignment and transparency
- Manage vendor relationships and seeks new partnerships to drive improvements
Education & Years of Experience
- Minimum- 4 Year Bachelors Degree in Business, Marketing, Technology or Related
- Minimum - 10 Years Product management, payments, marketing, banking, sales experience or related
In Lieu of Education
- 12 Years Product management, payments, marketing, banking, sales experience or related
Compensation & Benefits:
Typical hiring range: $95,100.00 to $163,100.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
- Annual performance bonus
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
Salary : $95,100 - $163,100