Director of Product

NEWMARK

About Newmark (Nasdaq: NMRK)

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of March 31, 2023, Newmark’s company-owned offices, together with its business partners, operate from over 170 offices with approximately 7,300 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

JOB DESCRIPTION:

As our senior product manager (director of product management) for brokerage business, you excel at three things: crafting product vision, managing team culture, and understanding tradeoffs. In this role, the product manager will be required to understand the business to develop new products and guide existing ones toward positive outcomes for customers and Newmark. As they shepherd a product along on its journey to market, they will be charged with understanding the needs of the team to ensure the best outcome for the business. They will be asked to provide insightful context for the purpose of empowering their team members to become product owners.

Product managers don’t always get to work on large teams to start. At the beginning, they will be expected to wear many hats. Not only will they define the problem statement, the product mission and what success looks like for the product. They will often be asked to eschew the traditional scope of their role to drive the early success of their product with great research and analysis to validate their hypotheses.

ESSENTIAL DUTIES:

• Identify and own the product-business relationship for the assigned products/line of business
• Follow a structured approach to define product vision and strategy, identify the measures of success and help guide the baselining of key KPIs
• Act as the “voice of the customer” from the business side in to the rest of the organization
• Envision/articulate the product strategy for assigned products
• Partner with change management teams and resources to drive product go-to-market activities (i.e. marketing, communications, training, instructional learning, etc.) to enable engagement and adoption
• Guide the team/Drive discovery of new ideas to assess/define the problem statement, the benefit hypothesis and adherence to the strategic vision
• Partner with UX designers and engineers to conceptualize intuitive, scalable, and high-quality solutions that help users accomplish their “Jobs To Be Done”
• Collaborate with the engineering and delivery leads to ensure on-time, within-budget delivery of committed features on a roadmap
• Drive buy-build-partner analysis, and where necessary, review potential partner relationships for the product
• Train/Demo users on system as needed
• Coach/mentor team members

SKILLS, EDUCATION AND EXPERIENCE:

• University bachelors/master’s degree, preferably in business, information systems, marketing, computer science, or other relevant areas
• 9+ years of experience in Product Management, having managed multiple/portfolio of digital products preferably in the real estate industry
• Experience managing product vision/strategy and roadmap end to end
• Experience doing multiyear product planning based on data/logic driven cost-benefit analysis
• Proficient in productivity applications such as Microsoft Office, Miro, etc
• Excellent communication skills to interact with business stakeholders and cross-functional teams
• Metrics-driven: Strong analytical and synthesis skills are a must, including the ability to absorb and process large amounts of data into actionable information
• Experience with best practice agile scrum development and lean startup principles.
• Experience driving stakeholder discussions, demonstrations and sticking to the desired agenda to produce expected outcomes

Newmark