Solution Product Manager

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Richmond, VA, USA
Posted on Tuesday, June 11, 2024


Federal Reserve Bank of RichmondWhen you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The Cloud Solutions and Services team is looking for a Solution Product Manager who is passionate about the next generation of software products running in the cloud. We deliver easy to consume customer-centric and secure capabilities to host applications that run the systems for Federal Reserve services. As Solution Product Manager you will guide product alignment across the cloud solution by collaborating with multiple partners and products to understand their needs and ensure we are defining solutions to meet those needs that are desirable and viable. You will be hybrid in-office at one of our Reserve Bank locations reporting to the Senior VP of Cloud Solutions and Services.

What you will do:

  • Partner across district banks, Application Development Teams, and internal customers looking to use cloud technologies to understand the 3-6-12 month forward-looking requirements to define and lead strategy to ensure success in the cloud.

  • Partner with Leadership, Product Line Managers, Solution Architect, Solution Train Engineer to develop Solution Epics and Capabilities with Solution Intent and System Strategy.

  • Partner with BDG, Programs, Products, and Solution Team to identify opportunities to refine our Solution Engagement model.

  • Lead feedback events for Partners, BDGs, to establish priorities, roadmaps, product delivery to help identify thematic feedback to lead Roadmap and Product improvements.

  • Develop product specific documentation demonstrating the capabilities of the Public Cloud and Public Cloud Roadmaps for the National IT Team.

  • Advocate for, and act as a promoter of Cloud across the FRB system.

  • Lead initiatives and meetings to ensure representation of the Cloud team in reoccurring meetings providing input across the FRB System for the Cloud Team.

  • Coach other product managers and owners on the product discipline.

  • Champion and grow the product discipline within the broader organization of the chief operating officer.


  • 5+ years of Product Management or relevant work experience

  • Bachelor’s degree in Management, Computer Science, Information Systems, or other related field or equivalent work experience.

  • Advanced expertise in development and use of product roadmaps and product visions within an agile environment; comfort applying agile lean portfolio management methods

  • Understanding of Cloud Technologies, Cloud Service Providers, Cloud Infrastructure, Data integration and management, DevOps, and Cloud Native requirements for applications

  • The ability to travel once a quarter for important, in-person meetings.

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

  • Great medical benefits

  • Pension and 401(k) with employer match

  • Paid time off

  • Tuition reimbursement

  • Employee resource networks

  • Paid volunteer leave

  • Flexible work options

  • Onsite amenities that make working here fun!

Other Requirements and Considerations:

  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

  • If you need assistance or an accommodation due to a disability, please notify rich.recruitment@rich.frb.org.

  • Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).

  • Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status.

  • The national hiring range for the Senior Product Manager is $129,200-$177,650 annually. For candidates in certain markets (Boston, MA; Chicago, IL; Los Angeles, CA; New York City Metro Area, Philadelphia, PA; San Francisco, CA; Seattle, WA), the listed hiring and salary ranges may be adjusted based on your geographic location.

  • Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.

  • Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by June 19, 2024.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category


Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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