Senior Product Manager, Motors

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 Senior Product Manager for our Motors Business Unit. This is a critical role in creating and driving a growth-focused product strategy.

Reporting to the Director of Product Management for the Motors BU, this role will be responsible for sustainable differentiation for the assigned segment of the business while ensuring a balanced portfolio of investments in core products through the identification of new product development in top 20% of customers or markets.  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.

Product Management

• 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
• Manage the entire life cycle of the assigned Motor product lines, from strategic planning and product definition to tactical launch activities, share growth, and end-of-life management.
• Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
• Establish annual targets for growth and margin attainment, develop monthly tracking and metrics to measure performance.
• Drive Voice-of-Customer collection for your products to develop market knowledge, develop core messaging and positioning for assigned product lines, and drive focus and growth that meet customers’ applications.
• Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
• 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 and cost optimized solutions to drive the most return on investment and ensure sustainable success
• 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

Required Skills and Qualifications:

• Bachelor's Degree from an Accredited University is required.  Degree in Mechanical Engineering, Electrical Engineering, or equivalent field is preferred.
• 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.
• Must have the ability to digest commercial transaction data to manage the product families and identify trends/issues (i.e., Power BI)
• Capable of both strategic thinking and tactical execution. High Passion for technology, innovation, and customer engagement
• Is high energy, action oriented and focused on producing outcomes, bottom-line oriented and steadfastly pushes self and others forward to the goal.
• 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)
• Ability to work independently and at times remotely

• Demonstrate the Regal Rexnord Values with emphasis on 80/20 methodology, product line simplification and sense of urgency.

Preferred Skills and Qualifications

• General Motor or related Industry experience
• Hands on Application experience

Travel:

• Can travel domestically and internationally, 25%

The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.

Annual base salary range: $100,000 to $150,000

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

• Medical, Dental, Vision and Prescription Drug Coverage
• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
• Paid Time Off and Holidays
• 401k Retirement Plan with Matching Employer Contributions
• Life and Accidental Death & Dismemberment (AD&D) Insurance
• Paid Leaves
• Tuition Assistance

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.  If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email [email protected]. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].

Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.