Product Manager – Identity and Access Management (IAM) Identity/Access Lead

📌 Core Information

Job Title: Product Manager – Identity and Access Management (IAM) Identity/Access Lead
Company: Bank of America
Location: Chicago, Illinois, United States
Job Type: Full-time
Category: Not provided

📌 Essential Job Details

🚀 Job Overview

This role is responsible for maximizing the value of Bank of America's Access and Identity Management products at the program level in a scaled Agile model. The Product Manager will define the vision and roadmap for the Access/Identity portfolio, prioritize features and epics in the program backlog, and communicate this to stakeholders and development teams. They will work closely with stakeholders to understand their needs and align with Product Owners on priorities, while supporting the Portfolio Product Executive on financials throughout delivery.

📋 Key Responsibilities

• Mentor and provide guidance to team members to foster a collaborative and knowledgeable environment
• Create the vision and roadmap for the program based on customer requirements, industry trends, regulations, and the strategic direction for the business or technology domain
• Provide input into defining business capabilities and aligning them to products or creating new products to support them
• Articulate the business value to Product Owners so they understand product strategy and ensure alignment across the product roadmap to achieve portfolio objectives
• Create and prioritize features/epics in the program backlog, empowered to make decisions about trade-offs with emerging work versus planned work
• Refine features/epics with the Product Owners to ensure there is enough "ready" work for the upcoming 1-2 quarters
• Review and accept features/epics and make on-the-spot decisions on scope and requirements
• Work in partnership with the Product Owners and teams to ensure optimal value is obtained through technology and an advanced understanding of the business and industry trends

🎯 Required Qualifications

Education: Not specified
Experience: 7+ years of experience at an Enterprise level for IAM, Product Management and/or related field
Skills:

• Strong understanding of IAM concepts, frameworks, and technologies
• Experience working in agile methodologies and product management with a track record of driving successful transformation
• Exceptional interpersonal skills and a collaborative spirit to work effectively with stakeholders at all levels
• Strong analytical skills with high attention to detail and accuracy, and the ability to use data to communicate change

💰 Compensation & Benefits

Salary Range: $115,800.00 - $215,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Benefits: Industry-leading benefits, access to paid time off, resources and support for employees.
Industry Comparison: The provided salary range appears to be competitive for a senior-level Product Manager role in the financial services industry in the Chicago area.

📌 Applicant Insights

🔍 Company Context

Industry Position: Bank of America is a leading global financial institution and a major player in the banking and financial services industry. Company Size: As a large, established enterprise, Bank of America has a significant global presence and employee base. Company Stage: Bank of America is a mature, publicly-traded company focused on continued growth and innovation.

📊 Role Analysis

Career Level: This role is at the senior or lead level, with 7+ years of relevant experience required. Reporting Structure: The Product Manager will likely report to a Portfolio Product Executive or senior Product Management leader. Team Size/Composition: The Product Manager will work closely with cross-functional teams, including Product Owners, Analysts, Engineers, and Architects. Growth Opportunities: This role offers the opportunity to build expertise in Identity and Access Management (IAM) products and drive strategic initiatives at the program level.

🌍 Location & Work Environment

Office Type: Based on the information provided, this role is likely based in an office or hybrid work environment. Geographic Context: Chicago is a major financial hub and technology center, offering a vibrant professional community and access to top talent. Work Schedule: The role is a full-time position, with a standard 40-hour work week.

💼 Interview & Application Insights

Typical Process: The interview process for this role is likely to include a phone/video screening, technical assessments, behavioral interviews, and potentially a final round with senior stakeholders. Key Assessment Areas: Employers will likely evaluate candidates' product management experience, technical expertise in IAM, strategic thinking, stakeholder management, and ability to deliver results in an Agile environment. Application Tips: Applicants should highlight their relevant IAM and product management experience, demonstrate a strong understanding of the financial services industry, and emphasize their collaborative, customer-centric approach. ATS Keywords: Relevant keywords to include in resumes and applications may include "product management", "identity and access management", "Agile", "roadmapping", "stakeholder management", and "financial services".

🛠️ Tools & Technologies

Relevant tools and technologies for this role may include: Identity and Access Management (IAM) platforms, product roadmapping and backlog management tools (e.g., Jira, Trello), data analysis and visualization tools, and enterprise collaboration/communication platforms.

👔 Cultural Fit Considerations

Company Values: Based on the information provided, Bank of America values teamwork, innovation, and a commitment to "Responsible Growth" and making a positive impact on the communities it serves. Work Style: The role requires a collaborative, analytical, and strategic mindset, with the ability to navigate complex stakeholder relationships and drive cross-functional initiatives. Self-Assessment: Candidates should consider whether they thrive in a fast-paced, enterprise environment, enjoy translating technical concepts for business stakeholders, and are passionate about driving product innovation and customer value.

⚠️ Potential Challenges

Some potential challenges in this role may include managing a complex product portfolio, aligning multiple stakeholder groups, and prioritizing a large backlog of features and initiatives within the constraints of the program.

📈 Similar Roles Comparison

This Product Manager role is similar to other senior-level product management positions in the financial services industry, with a focus on driving strategy and delivering value for critical enterprise products. However, the specific emphasis on Identity and Access Management (IAM) products sets this role apart and requires specialized domain expertise.

📝 Sample Projects

Some potential projects or initiatives that a Product Manager in this role may be involved in include:

• Defining the roadmap and vision for the IAM product portfolio to align with the organization's strategic objectives
• Collaborating with stakeholders to prioritize and refine features for upcoming releases of IAM products
• Analyzing usage data and customer feedback to identify opportunities for product improvements and enhancements
• Coordinating with cross-functional teams to ensure the successful delivery of IAM product capabilities
• Participating in industry events and monitoring trends to inform the IAM product strategy

❓ Key Questions to Ask During Interview

Some key questions candidates may want to ask during the interview process include:

• Can you provide more details on the current state of the IAM product portfolio and the key challenges it is aiming to address?
• How does the Product Manager role collaborate with the Portfolio Product Executive and other stakeholders to drive the product roadmap?
• What are the primary metrics or KPIs used to measure the success and impact of the IAM products?
• Can you describe the agile/scaled agile processes and tools used by the product management and development teams?
• What opportunities are there for the Product Manager to contribute to the overall strategy and vision for the IAM products?
• How does the company support the professional development and growth of product management talent?

📌 Disclaimer

⚠️ This enhanced job description was AI-generated based on the original job listing. Information has been organized and supplemented with industry-standard insights where details were not provided. All assumptions are explicitly labeled. Applicants should verify all details directly with the employer before making decisions based on this content.

📌 Next Steps for Applicants

To effectively pursue this opportunity, applicants should:

• Carefully review the job description and requirements to ensure they are a strong fit
• Tailor their resume and cover letter to highlight their relevant experience in product management, IAM, and the financial services industry
• Prepare thoughtful questions to ask during the interview process that demonstrate their understanding of the role and company
• Research Bank of America's culture, values, and industry position to assess cultural fit
• Use relevant keywords from the job description in their application materials to optimize for applicant tracking systems