TheFedNowBusiness Growth Lead Product Manager will help driveFedNow'sgrowth strategy by focusing on key customer segments:Banking-as-a-Service (BaaS) financial institutionsandon-behalf-of (OBO ...
TheFedNowBusiness Growth Lead Product Manager will help driveFedNow'sgrowth strategy by focusing on key customer segments:Banking-as-a-Service (BaaS) financial institutionsandon-behalf-of (OBO ...
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Senior Product Manager
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Senior Product Manager
Atlanta, GA · On-site
$120K - $158K/yr
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Senior Product Manager
Atlanta, GA · On-site
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Sr. Product Manager
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Atlanta, GA · On-site
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SR PRODUCT MANAGER
Atlanta, GA · On-site
$120K - $158K/yr
Importantly, the Sr. Product Manager, must be able to work at the strategic level (generating innovative ideas for growth, change management) and at the tactical level (analyzing data, solving ...
Senior Product Manager
Atlanta, GA · On-site
$120K - $158K/yr
Importantly, the Sr. Product Manager, must be able to work at the strategic level (generating innovative ideas for growth, change management) and at the tactical level (analyzing data, solving ...
Senior Product Manager
Atlanta, GA · On-site
$120K - $158K/yr
Importantly, the Sr. Product Manager, must be able to work at the strategic level (generating innovative ideas for growth, change management) and at the tactical level (analyzing data, solving ...
Senior Product Manager
Atlanta, GA · On-site
$120K - $158K/yr
Importantly, the Sr. Product Manager, must be able to work at the strategic level (generating innovative ideas for growth, change management) and at the tactical level (analyzing data, solving ...
Senior Product Manager
Atlanta, GA · On-site
$120K - $158K/yr
Importantly, the Sr. Product Manager, must be able to work at the strategic level (generating innovative ideas for growth, change management) and at the tactical level (analyzing data, solving ...
Growth Product Manager information
See Decatur, GA salary details
$50.3K - $63.2K
0% of jobs
$63.2K - $76.1K
1% of jobs
$76.1K - $89K
3% of jobs
$89K - $101.9K
4% of jobs
$101.9K - $114.9K
5% of jobs
$114.9K - $127.8K
5% of jobs
$133.2K is the 25th percentile. Wages below this are outliers.
$127.8K - $140.7K
14% of jobs
$140.7K - $153.6K
5% of jobs
The median wage is $162K / yr.
$153.6K - $166.5K
18% of jobs
$176.3K is the 75th percentile. Wages above this are outliers.
$166.5K - $179.4K
24% of jobs
$179.4K - $192.3K
19% of jobs
$50.3K
$155.6K
$192.3K
How much do growth product manager jobs pay per year?
What does a Growth Product Manager do?
A Growth Product Manager (GPM) focuses on driving user acquisition, activation, retention, and revenue. Unlike traditional Product Managers, they rely heavily on data, experimentation, and rapid iteration to optimize key growth metrics. GPMs collaborate closely with marketing, engineering, and design teams to test hypotheses, implement A/B tests, and refine the user journey. Their goal is to identify scalable growth opportunities and remove friction points in the product experience.
What are some common challenges a Growth Product Manager might face in their role?
Growth Product Managers often encounter challenges such as balancing experimentation with strategic focus, aligning cross-functional teams on growth initiatives, and quickly iterating product changes based on data-driven insights. They may also need to manage competing priorities while ensuring measurable impact on key metrics like user activation, retention, and revenue growth. Overcoming these challenges requires a combination of strong organizational skills, thoughtful stakeholder management, and a willingness to learn from both successes and failures. By proactively addressing these obstacles, Growth Product Managers can significantly drive a company’s expansion and long-term success.
What are the key skills and qualifications needed to thrive in the Growth Product Manager position, and why are they important?
To thrive as a Growth Product Manager, you need strong analytical abilities, product management experience, and a robust understanding of user acquisition and retention strategies, typically underpinned by a degree in business, marketing, or a related field. Familiarity with A/B testing tools, analytics platforms (like Google Analytics or Mixpanel), and agile project management software is highly valuable. Outstanding communication, adaptability, and cross-functional collaboration skills help you excel in dynamic environments. These capabilities are crucial for identifying growth opportunities, driving product success, and working effectively with diverse teams to achieve ambitious business goals.
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Full-time
Posted 16 days ago
Job description
The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service. This service enables financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States.
The position will be primarily on-site with residency commutable to one of our offices required.
TheFedNowBusiness Growth Lead Product Manager will help driveFedNow'sgrowth strategy by focusing on key customer segments:Banking-as-a-Service (BaaS) financial institutionsandon-behalf-of (OBO) service providers, which servefintechs,andcorporates. This role will contribute to business expansion by understanding the distinct needs and pain points of these segments, developing targeted value propositions, and supporting product capabilities that enable these customers to succeed with instant payments. TheLeadProduct Manager will work cross-functionally to bring innovations to market that accelerate adoption and deepen engagement across these strategic customer groups.
Position Contributions
Support the development ofvalueaddproduct concepts and contribute insights that inform theFedNowroadmap.
Maintain working knowledge ofFedNowfeatures and help analyze upcoming enhancements to understand customer impact.
Develop an understanding of the instantpaymentsecosystem-including key players, competitive dynamics, and emerging trends-to provide wellreasoned recommendations.
Stay informed on paymentadjacent innovations (e.g., stablecoins, tokenized deposits, digital wallets, QR usage) to help the team assess potential implications forFedNow.
Collaborate closely with partner teams (product delivery, credit risk, legal, risk, Board of Governors, marketing, operations, program management, and technology) to support delivery of new product capabilities.
What You'll Be Doing
As aLeadProduct Manager,you'llplay ahands-onrole in developing anditeratingfeatures that supportFedNow'sgrowth across key customer segments.
Drive product features through discovery, refinement, and delivery in partnership with design, engineering, and cross-functional stakeholders.
Evaluate customer pain points and adoption barriers to helpdetermineproduct/market fit for new segments or use cases.
Build a strong understanding of user needs and operational workflows to ensure features are aligned with customer and ecosystem requirements.
Participate in product discovery by developing business cases,identifyingrisks, and drafting recommendations that support prioritization discussions.
Contribute to a collaborative and transparent team culture through clear communication and active engagement.
What Will Be Expected of You
Analytical & strategic thinking:Provide input on customer trends, ecosystem developments, and opportunities that could enhanceFedNow'svalue proposition.
Collaboration & adaptability:Work effectively across functional groups, adjusting quickly to changing priorities andnew information.
Customer focus:Engage with financial institutions and service providers to understand their needs and reflect them in product decisions.
Execution & delivery:Supporttimelyexecution of product discovery and delivery activities, including problem definition, market analysis, opportunity sizing, and recommendation development.
Communication:Clearly communicate findings, tradeoffs, and recommendations to teammates and leadership asappropriate.
Modest travelrequired.
This is an individual contributor role.
ExpertiseYou Would Bring
3-5+ years of experience in product management, business analysis, or strategy in fintech, payments, or digital banking.
Experience working with APIs, developer platforms, orecosystemdrivenproducts a plus.
Familiarity with financial products or payment systems.
Understanding of the instant payments landscape and operational considerations for financial institutions.
Ability to structure problems, analyze data, and translate insights into clear recommendations.
Strong communicationskills with experience tailoring information for different audiences.
Demonstrated success working across cross-functional teams to deliver product features.
Bachelor's degree in finance, economics, business, policy, marketing, or related field; advanced degree optional.
The Federal Reserve believes in salary transparency. The final salary and offer will be determined by the applicant's background, skills, internal equity, and alignment with market data. Whether you're developing into the job or are a more seasoned candidate, we aim to pay competitively. The salary range for this position is $157,000-$196,500. If you reside outside of the 1st District, you may be hired by your local Federal Reserve District and compensation will follow hiring District's range and policy.
The Federal Reserve Bank of Boston is committed to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.
The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.
All applicants must have resided in the United States for at least three (3) years.
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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About Federal Reserve Bank of Richmond
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Richmond, VA, US
Year founded
1915