Senior Product Manager, Product Strategy and Development

📍 Job Overview

Job Title: Senior Product Manager, Product Strategy and Development

Company: Amplifi

Location: Naperville, IL

Job Type: Full-Time

Category: Product Management / GTM Operations

Date Posted: 2026-08-31

Experience Level: 5-10 Years

Remote Status: Hybrid

🚀 Role Summary

• Drives product strategy and development within a dynamic loyalty and rewards ecosystem, focusing on execution and delivery of key features.

• Owns the definition, requirements, and successful implementation of product components, including real-time rewards, offers, and consumer engagement experiences.

• Translates complex business and client requirements into detailed specifications, user stories, and acceptance criteria for technology and design teams.

• Collaborates cross-functionally to ensure product vision alignment, quality delivery, and market readiness in a fast-paced environment.

📝 Enhancement Note: This role is positioned as a Senior Product Manager with a strong emphasis on the "execution and delivery" aspect of product development, bridging product strategy with tangible feature realization. The focus on loyalty, rewards, and consumer engagement within financial services suggests a need for strong analytical, technical, and client-facing skills, aligning it closely with GTM and operational execution roles.

📈 Primary Responsibilities

• Contribute to the overall product roadmap for loyalty and consumer engagement solutions, incorporating client needs, market trends, and strategic priorities.

• Define, document, and prioritize detailed product requirements, user stories, and acceptance criteria for assigned features and initiatives.

• Partner closely with Engineering, UI/UX, Analytics, and other cross-functional teams throughout the product development lifecycle, from ideation to launch.

• Conduct comprehensive end-to-end unit testing and client acceptance testing (UAT) to ensure product quality and adherence to business and technical specifications.

• Monitor key performance indicators (KPIs) for owned product features, analyze performance data, and recommend data-driven improvements for enhanced consumer engagement and value.

• Act as a primary liaison between clients, partners, and internal teams, translating client needs into clear, actionable product requirements and communicating product capabilities effectively.

• Support Sales and Client Success teams by providing product expertise, gathering client feedback, and contributing to go-to-market strategies for new features.

• Identify and propose innovative solutions and enhancements for real-time rewards, redemption models, offers, and consumer engagement features, leveraging emerging technologies like AI and personalization.

• Ensure all product deliverables align with the broader product vision and strategic objectives set by senior leadership.

• Proactively identify opportunities for process optimization and efficiency gains within product development and delivery workflows.

📝 Enhancement Note: Responsibilities are heavily focused on the tactical execution of product development within a specialized domain (loyalty/rewards). The emphasis on detailed documentation (user stories, test cases), end-to-end testing, and cross-functional collaboration indicates a hands-on role that requires strong process discipline and operational rigor, typical of senior product roles within GTM-aligned operations.

🎓 Skills & Qualifications

Education:

• Bachelor's degree in a relevant field (e.g., Business, Computer Science, Marketing, Engineering) is required.

• An advanced degree (e.g., MBA, Master's in a related technical field) is considered a plus. Experience:

• 5-7+ years of progressive experience in product management, business analysis, or a closely related role, with a proven track record of successful product delivery.

• Significant experience ideally within the loyalty, rewards, payments, or financial services industries, demonstrating an understanding of their unique operational and regulatory landscapes.

• Hands-on experience in crafting detailed business requirements, user stories, and acceptance criteria for software development.

• Demonstrated experience in planning and executing end-to-end testing, including unit testing and client acceptance testing (UAT), for product features.

• Experience working with and managing product backlogs within Agile development methodologies (e.g., Scrum, Kanban). Required Skills:

• Product Management: Proven ability to manage the entire product lifecycle, from ideation and strategy to execution and iteration.

• Requirements Definition: Expertise in translating complex business needs into clear, concise, and actionable user stories, functional specifications, and detailed requirements documentation.

• Agile Methodologies: Strong understanding and practical application of Agile principles, including backlog grooming, sprint planning, and iterative development.

• Testing & Quality Assurance: Proficiency in developing test cases and conducting unit testing and client acceptance testing (UAT) to ensure product quality and alignment with specifications.

• Technical Aptitude: A solid understanding of software development processes and the ability to grasp technical concepts, facilitating effective communication with engineering teams.

• Customer-Centricity: A strong focus on understanding customer needs and translating them into intuitive and engaging digital experiences.

• Analytical Skills: Ability to analyze data, track KPIs, and derive actionable insights to inform product decisions and improvements.

• Communication Skills: Excellent written and verbal communication skills, with the ability to articulate complex ideas clearly to diverse audiences, including clients, technical teams, and leadership.

Preferred Skills:

• Loyalty/Rewards Program Expertise: Deep knowledge of loyalty program mechanics, reward structures, redemption options, and consumer engagement strategies.

• Financial Services/Payments Ecosystem: Familiarity with financial services and processor-level ecosystems, including issuer processing, settlement, and payment flows.

• UI/UX Design Principles: Understanding of user interface (UI) and user experience (UX) design best practices for consumer-facing digital products.

• AI/ML/Personalization: Exposure to or understanding of how AI, machine learning, or personalization can be leveraged to enhance consumer engagement and loyalty programs.

• Stakeholder Influence: Demonstrated ability to influence stakeholders across various departments and levels without direct authority.

📝 Enhancement Note: The required skills emphasize the practical, hands-on nature of this role, focusing on detailed documentation, testing, and Agile execution. The preferred skills highlight the domain expertise and forward-looking technological awareness that would make a candidate particularly strong for this position. The experience requirement of "5-10 years" (derived from "5-7+ years") is a common benchmark for Senior Product Manager roles.

📊 Process & Systems Portfolio Requirements

Portfolio Essentials:

• Product Specification Examples: Showcase examples of well-defined user stories, detailed functional requirements, and clear acceptance criteria that you have authored. These should demonstrate your ability to translate business needs into precise technical specifications.

• Test Case Documentation: Include samples of comprehensive test cases, covering unit testing scenarios and client acceptance testing (UAT) plans, highlighting your approach to ensuring product quality and functionality.

• Agile Workflow Demonstration: Present artifacts or descriptions of your involvement in Agile processes, such as backlog management, user story mapping, or sprint contributions, illustrating your understanding and application of Agile principles.

• Process Improvement Case Studies: Detail instances where you identified inefficiencies or opportunities for improvement in product development or delivery processes and implemented solutions that led to tangible benefits (e.g., faster time-to-market, improved quality, reduced costs).

• Cross-Functional Collaboration Examples: Describe projects where you successfully partnered with Engineering, Design, Marketing, or Operations teams, illustrating your ability to align diverse stakeholders and drive shared objectives.

Process Documentation:

• Demonstrate experience in documenting product requirements and user stories in a clear, structured, and unambiguous manner, suitable for engineering teams.

• Provide evidence of creating and executing detailed test plans and test cases to validate product functionality against defined requirements.

• Showcase your ability to document and communicate product performance metrics (KPIs) and insights, including recommendations for iterative improvements.

• Illustrate your approach to documenting workflows related to product development, testing, and release management within an Agile framework.

📝 Enhancement Note: For a Senior Product Manager role focused on execution, a portfolio demonstrating concrete examples of documentation (user stories, test cases), process adherence (Agile), and impact (case studies) is crucial. This section emphasizes the need to showcase practical skills in translating strategy into executable product development plans and ensuring successful delivery.

💵 Compensation & Benefits

Salary Range: $90,000 - $108,000 per year.

📝 Enhancement Note: This salary range is based on the information provided in the job description. For a Senior Product Manager role in Naperville, IL, with 5-7+ years of experience in a specialized industry like financial services/loyalty, this range appears to be within the mid-to-lower end of market competitiveness for a major metropolitan area, potentially reflecting the hybrid work model or specific company compensation philosophy. Further research for similar roles in the Chicago metropolitan area would be advised.

Benefits:

• Comprehensive Health Coverage: Medical, dental, and vision insurance plans to support employee well-being.

• Financial Security: Competitive pay, 401(k) retirement plan with employer match, voluntary life, accident, hospital, and critical care insurance options.

• Professional Development: Tuition reimbursement program to support continued learning and career advancement.

• Work-Life Balance: Generous paid time off, company