Lead Principal Product Manager

Champions the prioritization of products and features by evaluating business value, feasibility, and user needs, ensuring alignment with Oracle's goals and strategies. Leads the engagement of key strategic customers, non-customers, partners and industry analysts to obtain market information and discover opportunities for product portfolio/product area. Establishes strategies to identify customer needs and market opportunities, guiding teams to develop highly complex solutions and validate them. Provides strategic guidance to team members on maintaining the roadmap for multiple products/features, drives delivery excellence, and fosters a culture of continuous improvement and innovation. Acts as an innovation leader within the Line of Business (LOB) and sets the overall strategy and direction of products, driving initiatives and setting the long-term vision. Champions the adoption of new methodologies for new feature development. Drives the sharing of strategic insights with cross-functional partners and Lines of Business (LOB). Owns transformative business impact across LOB and oversees standards of success metrics criteria and performance metrics (e.g., OKRs, KPIs) for multiple products. Champions the customer's needs throughout the product lifecycle and prioritizes critical customer issues. Proactively seeks out customers to gather feedback and align product capabilities with highly valued customers' business goals. Leads the go-to-market efforts, strategically recruits and supports key early adopters, and defines and tracks product adoption metrics for multiple product lines to drive adoption and product improvement. Disclaimer:
Certain U.S. based or U.S. customer or client-facing roles may be required to comply with applicable requirements, such as immunization/occupational health mandates, and/or drug testing requirements.
Range and benefit information provided in this posting are specific to the stated locations only
US: Hiring Range in USD from: $119,200 to $264,100 per annum. May be eligible for bonus, equity, and compensation deferral.
Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle's differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.
Oracle US offers a comprehensive benefits package which includes the following:
1. Medical, dental, and vision insurance, including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto, homeowner and pet insurance
The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.
Career Level - IC5
Key Responsibilities
Product Analysis – Market Analysis:
–Champions the prioritization of products/features based on evaluations of business value, feasibility, and internal and/or external user needs.
–Works with highly valued customers to ensure seamless alignment between the customer, the market, internal stakeholders, and Oracle's goals and strategy.
–Champions the analysis of market trends and the competitive landscape to set strategic and competitive positioning.
–Leads the engagements of key strategic customers, non-customers, partners, and industry analysts to obtain market information and discover opportunities for the product portfolio/product area.
Product Analysis – Solution Identification:
–Establishes strategies for identifying customers' unmet or unknown needs, market opportunities, and regulatory requirements.
–Influences internal teams in developing problem statements for highly complex products and forming data-driven hypotheses for breakthrough new products.
–Owns and champions the solutioning process by strategically partnering with internal and external stakeholders to identify solutions.
–Spearheads the evaluation and validation of different solutions to make informed decisions on enhancing existing products/features or introducing new products/features.
–Leads the creation and maintenance of critical and complex solution artifacts (e.g., regulatory requirements, functional and non-functional requirements).
Product Ownership – Product Development and Roadmapping:
–Drives the Line of Business’s (LOB) product lifecycle approach, setting industry standards for excellence.
–Provides strategic guidance to team members on maintaining the roadmap for multiple products/features, aligning them with Oracle’s vision and market demands.
–Establishes feature requirements, resources, and best practices, fostering a culture of continuous improvement and empowering internal stakeholders.
–Takes a leadership role in driving delivery excellence with key stakeholders, managing risks and resolving complex issues to ensure project success.
–Interprets existing metrics (e.g., Service Requests, bugs raised, customer feedback, customer volumes) and market insights, driving strategic decision-making and optimizing product development in dynamic environments.
–Sets expectations for product quality by leading the creation and review of user stories and acceptance criteria.
–Reviews and shapes features or experiences prioritized in the roadmap, strategically aligning them with success criteria and Objectives and Key Results (OKRs).
Product Ownership – Product Leadership and Influence:
–Acts as an innovation leader within the Line of Business (LOB) and sets the overall strategy and direction of products, driving initiatives and long-term vision.
–Directs the development of products to deliver exceptional customer experiences and achieve business goals.
–Champions the adoption of new methodologies for new feature development, leveraging agile and continuous-delivery practices.
Alignment and Collaboration:
–Drives the sharing of strategic insights with cross-functional partners and Lines of Business (LOB), ensuring alignment and fostering a culture of collaboration.
–Anticipates and addresses potential pushback from stakeholders, leveraging extensive subject matter expertise and data-driven arguments to drive consensus and decision-making.
–Guides collaboration efforts with engineering and senior colleagues to execute innovative solutions tied to OKRs and Key Performance Indicators (KPIs).