Principal Product Manager (Remote)

OPENLANE•Carmel, IN

3d•$150,000 - $220,000•Remote

About The Position

OPENLANE is seeking a high-impact Principal Product Manager (Data) to join its Digital Marketplaces Product team. The role serves as the single product owner unifying data science initiatives, models, and data products into reliable solutions for customers and the business. As a product thought leader, this person will set the multi-year data and model product vision, define business problems for data science solutions, and drive production models—including pricing, recommendations, and fraud detection—into scalable, measurable marketplace products that are continuously improved. The Principal Product Manager will oversee a developer data portal, establish strategies for client data provisioning and monetization, and lead fraud algorithm and detection initiatives across OPENLANE. The role partners closely with Data Science, Engineering, Design, and business stakeholders to translate complex data capabilities into business outcomes. Strong data fluency is important, including analyzing user behavior, operational performance, and business impact. This person will define product vision and roadmaps, conduct customer discovery and competitive analysis, prioritize work according to customer value, business impact, and technical feasibility, and define and report on success metrics. The role also includes executive-level communication and mentoring other Product Managers. It reports to the VP of Product.

Requirements

At least 8 years of progressive Product Management experience, including at least 3 years at a Senior or Lead level.
Proven track record of defining, launching, and scaling high-impact digital products.
Proven experience translating data science models, such as pricing, recommendations, or fraud models, into production-grade business products.
Demonstrated success building or managing developer portals, data APIs, and data monetization models.
Strong strategic thinking and ability to connect product decisions to company objectives.
Exceptional written and verbal communication skills, including executive-level presentations.
Experience conducting customer interviews and leading structured product discovery.
Strong analytical skills and experience using data to inform prioritization and decision-making.
Deep understanding of agile product development processes.
Ability to influence cross-functional teams without formal authority.
Excellent organizational skills and ability to manage multiple strategic initiatives simultaneously.

Nice To Haves

Experience with wholesale auction inventory and sales management systems.
Strong technical fluency and experience partnering closely with Engineering on system design decisions.
Familiarity with Agile, Kanban, Lean, and Scaled Agile Frameworks (SAFe).
Bachelor’s degree in Business, Technology, or a related field; an MBA or advanced degree is a plus.

Responsibilities

Define the multi-year product vision and roadmap for data products, machine learning models, and marketplace data offerings.
Turn production data science models, including pricing, recommendations, and fraud detection, into customer-facing and business-critical products.
Oversee the developer data portal and establish data provisioning, API, and monetization strategies for clients.
Lead requirements, evaluation, and operations for fraud detection algorithms and risk mitigation products across the platform.
Identify market opportunities and develop business cases supported by data and customer insights.
Conduct customer research, structured product discovery, and competitive analysis to inform product direction.
Partner with Engineering and Design to evaluate technical approaches and drive high-quality execution.
Prioritize initiatives based on customer value, business impact, and technical feasibility.
Define, monitor, and report KPIs and success metrics tied to revenue, engagement, operational efficiency, and customer satisfaction.
Communicate product strategy, trade-offs, and performance insights to executives.
Serve as a subject matter expert on competitive dynamics and emerging marketplace trends.
Coach and mentor Product Managers, fostering product excellence and strategic thinking across the team.

Benefits

Medical, dental, and vision benefits with employer HSA contributions in the US and FSA options in the US.
Immediately vested 401(k) in the US or RRSP in Canada with company match.
Paid vacation, personal, and sick time.
Paid maternity and paternity leave in the US.
Employer-paid short-term disability, long-term disability, life insurance, and AD&D in the US.
Robust Employee Assistance Program.
Employer-paid Leap into Service Day to volunteer.
Tuition reimbursement for eligible programs.
Opportunities to expand skills and share knowledge across a publicly traded, global organization.
Company culture of internal promotions, diverse career paths, and meaningful advancement.