Senior Product Manager, Motors

Regal Rexnord•Tipp City, OH

About The Position

The North America Motors & Drives division, a $1B global business, with 6,000 associates within the Power and Efficiency Solutions (PES) Segment of Regal Rexnord, is seeking an experienced Senior Product Manager for our Motors Business Unit. This is a critical role in creating and driving a growth-focused product strategy. Reporting to the Director of Product Management for the Motors BU, this role will be responsible for sustainable differentiation for the assigned segment of the business while ensuring a balanced portfolio of investments in core products through the identification of new product development in top 20% of customers or markets. In this position, you will work to understand needs in the market, innovate with purpose, and deliver to customers through close collaboration with cross-functional Engineering, Sales, Marketing, Finance and Business Leadership teams. This is a highly influential role with long-term impact on Regal Rexnord Aftermarket future, driving decisions and addressing problems on a daily basis.

Requirements

Bachelor's Degree from an Accredited University is required.
Minimum 8 years of Commercial or Product Management experience with highly engineered products in a complex B2B industrial manufacturing enterprise
Strong foundation in Product Management fundamentals, including market research, cost/price analysis, competitive positioning, articulating value propositions, interpreting customer needs to business cases, etc.
Analytical & logical fact-based problem solver. Must have the ability to digest commercial transaction data to manage the product families and identify trends/issues (i.e., Power BI)
Capable of both strategic thinking and tactical execution.
High Passion for technology, innovation, and customer engagement
Is high energy, action oriented and focused on producing outcomes, bottom-line oriented and steadfastly pushes self and others forward to the goal.
Can effectively cope with ambiguity and change; can decide and act without having the total picture and can comfortably handle risk and uncertainty
Strong communication and presentation capabilities to teams, large and small
Resourceful, collaborative teammate and possesses an owner mentality
Effective at time management and priority setting
Proficiency with MS Office (Excel / Word / PowerPoint) and BI Tools (PowerBI)
Ability to work independently and at times remotely
Demonstrate the Regal Rexnord Values with emphasis on 80/20 methodology, product line simplification and sense of urgency.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Nice To Haves

Degree in Mechanical Engineering, Electrical Engineering, or equivalent field is preferred.
General Motor or related Industry experience
Hands on Application experience

Responsibilities

Product Management
Own all aspects of your product portfolio, including achievement of financial plans – orders, revenue, margin – through the use of data, daily management and problem solving practices
Manage the entire life cycle of the assigned Motor product lines, from strategic planning and product definition to tactical launch activities, share growth, and end-of-life management.
Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
Establish annual targets for growth and margin attainment, develop monthly tracking and metrics to measure performance.
Drive Voice-of-Customer collection for your products to develop market knowledge, develop core messaging and positioning for assigned product lines, and drive focus and growth that meet customers’ applications.
Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
Perform competitive evaluation and market analysis to develop clear product positioning and pricing strategies that generate incremental revenue and expand market share
Guide and work with Engineering to design solutions and next-gen motors and cost optimized solutions to drive the most return on investment and ensure sustainable success
Present business cases and product plans to leadership stakeholders to gain continued alignment and credibility, turning strategic directions into tactical actions
Manage assigned product lines to the Regal Rexnord Business System, which includes 80/20 and Continuous Improvement in all aspects of product management and decision making