Senior Product Manager - Commercial Real Estate

U.S. Bank • Minneapolis, MN

2d • $159,970 - $188,200 • Hybrid

About The Position

U.S. Bank is seeking a Senior Product Manager to lead strategy, prioritization, enhancement, and ongoing management of internally developed systems supporting its Commercial Real Estate (CRE) business line. This senior product management and people leadership role leads a team of individual contributors and partners with business stakeholders and technology teams to deliver system enhancements that support business objectives, workflow efficiency, and data and analytics capabilities.

The role has primary product ownership of two internally developed platforms: LPX, a workflow system supporting the Commercial Mortgage business and multifamily lending activities, and the CRE Data Repository, which centralizes information from systems of record and ancillary systems for business data and analytics. The Senior Product Manager owns business priorities, product roadmaps, requirements, and acceptance criteria for these platforms, and partners with technology leaders on technical design, delivery planning, release readiness, and ongoing application support.

The position operates at the intersection of business, technology, data, and process improvement. The individual leads a team of three business analysts and product managers and balances strategic product leadership with hands-on oversight of prioritization, delivery, testing, implementation, and system support. The role requires working from a U.S. Bank location listed on the posting three or more days per week. It is not eligible for visa sponsorship.

Requirements

• 10 or more years of product management experience.
• Strong ability to communicate with technical and nontechnical audiences and translate business needs into actionable technology priorities.
• Strong cross-functional leadership, stakeholder-management, problem-solving, and decision-making skills.
• Ability to understand technical concepts and communicate effectively with engineering teams without requiring hands-on software development or coding expertise.

Nice To Haves

• Three or more years of people management experience or demonstrated progressive leadership experience.
• Demonstrated product roadmap and backlog ownership.
• Experience partnering with technical engineering teams to deliver system enhancements.
• Experience establishing priorities and managing competing business requirements through development and implementation.
• Experience partnering with technology or engineering teams throughout the software or systems development lifecycle.
• Experience working in Agile development environments.
• Experience managing or enhancing internally developed applications, platforms, or workflow systems.
• Experience developing and managing product roadmaps, backlogs, features, epics, and enhancement priorities.
• Working knowledge of Jira.
• Experience coordinating user acceptance testing (UAT), implementation, and change management.
• General knowledge of databases, data repositories, system integrations, software architecture, and technical dependencies.
• Experience working with data and analytics platforms or initiatives.
• Experience defining and using objectives, key results, KPIs, business metrics, or other measures to evaluate product outcomes and inform priorities.
• Commercial Real Estate, commercial banking, financial services, or lending experience.
• Experience identifying opportunities to improve business workflows through technology and process enhancements.

Responsibilities

• Provide leadership and product ownership for internally developed CRE applications, including LPX and the CRE Data Repository.
• Establish and continually refine product vision, strategy, priorities, and roadmaps based on business needs and organizational objectives.
• Gather and evaluate enhancement requests from business stakeholders and prioritize them based on business value, dependencies, risk, available resources, and strategic objectives.
• Translate business needs and product strategy into prioritized features, epics, requirements, and actionable work.
• Manage product backlogs and priorities in an Agile development environment, including approximately two-week sprint cycles.
• Partner with technology and engineering teams responsible for designing and implementing technical changes.
• Bridge business users and technology teams, ensuring business requirements and priorities are understood throughout the development lifecycle.
• Understand system architecture, integrations, data dependencies, technical capabilities, and modernization needs to identify risks and support product decisions.
• Coordinate business testing and user acceptance testing as enhancements move through development and test environments.
• Lead implementation and change-management activities to support adoption of new functionality and system enhancements.
• Identify, analyze, and interpret business and product data to support prioritization, decision-making, performance measurement, and continuous improvement.
• Define product outcomes and appropriate objectives, key results, and performance measures.
• Identify opportunities to improve CRE workflows, processes, technology, and use of data.
• Manage the end-to-end lifecycle of assigned products and systems, including ongoing enhancement, technical dependencies, risk considerations, and modernization needs.
• Build cross-functional partnerships across CRE, technology, data and analytics, risk, and other supporting functions.
• Lead, develop, and support a team of three individual contributors (business analysts and product managers), establishing clear priorities and accountability for product-related work.
• Balance strategic product leadership with hands-on oversight of prioritization, delivery, testing, implementation, and ongoing system support.

Benefits

• Healthcare coverage, including medical, dental, and vision.
• Basic term and optional term life insurance.
• Short-term and long-term disability insurance.
• Pregnancy disability and parental leave.
• 401(k) and employer-funded retirement plan.
• Paid vacation of two to five weeks, depending on salary grade and tenure.
• Up to 11 paid holiday opportunities.
• Adoption assistance.
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed