Principal Product Manager

🔥 3 minutes ago

🌐 United States, Canada – Remote

🇺🇸 United States – Remote 🇨🇦 Canada – Remote

💵 $150k - $220k / year

⏰ Full Time

🔴 Lead

✅ Product Manager

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OPENLANE

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

📦 Logistics

💼 Consulting

📣 Marketing

💰 $10M Venture Round on 2008-12

Logistics • Consulting • Marketing

OPENLANE is a company that builds digital marketplaces for used vehicles, catering to regions such as the US, Canada, and Europe. They provide a range of services including finance floorplan and inventory financing solutions, technology platforms that drive results, and comprehensive end-to-end solutions to support automotive businesses. Notable brands include OPENLANE US, Canada’s largest digital wholesale marketplace for used vehicles, and OPENLANE Europe, a leading digital platform in Europe and the UK. OPENLANE also offers solutions like Velocicast for wholesale and retail auctions, autoniq for vehicle history evaluation, AutoVIN for vehicle inspections, and CarsArrive for vehicle shipping services. They support independent dealers with financing and provide various automotive services including high-tech locksmith solutions, recovery management, and compliance services.

📋 Description

• 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 deep discovery, customer research, 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 on KPIs and success metrics tied to revenue, engagement, operational efficiency, and customer satisfaction. • Drive executive-level communication, presenting product strategy, trade-offs, and performance insights. • Act as a subject matter expert on competitive dynamics and emerging marketplace trends. • Coach, mentor, and elevate other Product Managers. • Report to the VP of Product and collaborate with Data Science, Engineering, Design, Risk & Security, Marketing, Sales, Operations, Finance, Customer Support, and senior leadership.

🎯 Requirements

• 8+ years of progressive experience in Product Management, with at least 3 years operating at a Senior or Lead level. • Proven track record of defining, launching, and scaling high-impact digital products. • Proven experience translating data science models (e.g., pricing, recommendations, fraud) 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 with experience using data to inform prioritization and decision-making. • Deep understanding of agile product development processes. • Demonstrated ability to influence cross-functional teams without formal authority. • Excellent organizational skills and ability to manage multiple strategic initiatives simultaneously. • Bachelor’s degree in Business, Technology, or a related field (MBA or advanced degree is a plus). • Nice-to-have: Experience with wholesale auction inventory and sales management systems. • Nice-to-have: Strong technical fluency with experience partnering closely with engineering on system design decisions. • Nice-to-have: Familiarity with Agile, Kanban, Lean, and Scaled Agile Frameworks (SAFe).

🏖️ Benefits

• Competitive pay • Medical, dental, and vision benefits with employer HSA contributions (US) and FSA options (US) • Immediately vested 401K (US) or RRSP (Canada) with company match • Paid Vacation, Personal, and Sick Time • Paid maternity and paternity leave (US) • Employer-paid short-term disability, long-term disability, life insurance, and AD&D (US) • Robust Employee Assistance Program • Employer paid Leap into Service Day to volunteer • Tuition Reimbursement for eligible programs • Opportunities to expand your skill set and share your knowledge across a publicly traded, global organization • Company culture of internal promotions, diverse career paths, and meaningful advancement

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