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Senior Product Manager

Senior Product Manager

Regal RexnordFort Wayne, IN, US
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Product Manager, Hvac Business Unit, Aftermarket Portfolio

Regal Rexnord Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing, to name a few of the applications where our products are used.

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 Product Manager for our HVAC Business Unit, Aftermarket portfolio. This is a critical role in creating and driving a growth-focused product strategy as well as influencing key commercial-related business activities.

Reporting to the Sr. Director of Product Management for the HVAC BU, this role will have ownership over the HVAC Aftermarket space, and will be responsible for the development and execution of product line roadmaps to enable continued market leadership. 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.

Key Responsibilities

  • 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
  • Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
  • Drive Voice-of-Customer collection for your products to develop market knowledge, create business conviction and drive focus and priorities for solutions that meet customers' applications and are strategic
  • 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 to drive the most return on investment and ensure sustainable success
  • Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
  • 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

Professional Experience / Qualifications

Qualifications :

  • Bachelor's Degree in Mechanical Engineering, Electrical Engineering, or equivalent field 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
  • Hands on Application experience
  • 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)
  • Can travel domestically and internationally, 25%
  • Demonstrate the Regal Rexnord Values with emphasis on 80 / 20 methodology, product line simplification and sense of urgency
  • Preferred : Relevant HVAC industry experience
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