Senior Product Manager

Position Summary

Reporting to the Director of Product Management, this critical team member will be responsible for driving profitable growth through ownership of the product and marketing roadmap for Engineered Drives.

This is a hybrid role that requires 3 days a week in our Milwaukee HQ office.

This role will lead and drive profitable growth for the product platforms through new business development aimed at existing and new markets with a focused value proposition, product roadmap, and appropriate business model deployment to capture equipment plus data/services recurring revenue for the business unit.

This position will be responsible for all aspects of the product life cycle, new product development programs, implementation of product/customer marketing strategies, value propositions, price positioning, and commercial launch activities to maximize profitable growth. This role will also lead initiatives focused on driving portfolio share gain & margin expansion by partnering and collaborating with sales, engineering, and operations teams globally. The ideal candidate for this role will have strong cross-functional leadership, business acumen, change management, team leadership, and interpersonal skills.

Key Responsibilities

Strategic Planning & AOP Support - Strategic Market, Customer & Competitive Analysis

- Develop a thorough understanding of the overall market, including overall size/growth by submarket & applications, industry trends/landscape, competitive & customer insights.

- Lead efforts in supporting the development of strategic plan & AOP including a detailed assessment of market, competition, customer/ business growth plans and specific levers driving topline revenue and operating profit for the product platforms.

Formulate Strategy & Opportunity

- Develop Product Line Roadmaps and secure cross-functional leadership consensus and buy-in on prioritization of the needed initiatives, scope, and investments.

- Lead voice of the customer (VOC), primary and secondary research to facilitate the development of product strategies, product plans, and identification of new products and service opportunities.

- Identify and lead strategic projects to evaluate and provide strategic direction for innovative growth opportunities that leverage technology, market trends, and integrated solutions.

- Direct the development & maintenance of long-term Technology and Product Road Maps.

80/20 Complexity Reduction, Strategic Pricing, Mix Up, Demand Shaping & Sales Funnel Development

- Drive portfolio simplification and complexity reduction for margin expansion using core 80/20 principles.

- Drive product mix shift and demand-shaping strategies to expand margin.

- Evaluate assigned portfolio for obsolescence and communicate recommended product replacement.

Manage New Product Introductions From Concept Development To Commercialization

- Lead VOC to identify market requirements and trends to drive continuous improvements and to identify product enhancement opportunities.

- Lead cross-functional new product development teams and all aspects associated with the product definition, product development, pricing, market introduction, sales tools, and promotion plans.

- Drive PMO to lead NPD stage-gate processes to launch new products from concept to full commercialization

Go-To-Market Execution & Launch

- Lead marketing to develop and deliver training materials to support training programs.

- Lead subject matter experts for assigned products to support the internal team, field sales, distributors, and end users.

- Partner and collaborate with sales and commercial leaders to identify growth opportunities and drive new product customer penetration.

Professional Experience/Qualifications

- A bachelor’s degree in engineering, business/marketing, or an MBA is strongly required.

- Minimum 5 years of Product Management, Marketing, Strategy, Operations, Engineering, Business Development, or related experience.

- Gearing Industry experience or experience in the mining, grain, cement, metals, or fertilizer industry is preferred.

- Strong leadership skills with the ability to communicate, interact, and influence at all levels of the organization to drive results.

- Proven ability to lead courageously, to drive large cross-functional teams to success in challenging situations.

- Proven ability to analyze, interpret and draw meaningful and accurate conclusions from data.

- Ability to develop strategic plans and drive tactical execution.

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Travel: 15-25%

Benefits

- Medical, Dental, Vision and Prescription Drug Coverage

- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

- Paid Time Off and Holidays

- 401k Retirement Plan with Matching Employer Contributions

- Life and Accidental Death & Dismemberment (AD&D) Insurance

- Paid Leaves

- Tuition Assistance

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies

: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.