Navient Solutions LLC helps students and families manage the cost of higher education. The Product Manager is responsible for leading the execution and management of complex products within the In-School Lending portfolio, collaborating with various teams to ensure compliance and drive product performance.
Responsibilities:
- Serve as a senior Product Owner, providing day‑to‑day leadership for product delivery and representing the business throughout the development lifecycle
- Own product decisions, balancing customer experience, business objectives, operational capabilities, and regulatory requirements
- Define, document, and maintain product requirements, business rules, decision logic, and process flows
- Partner with Technology to prioritize and manage the product backlog and re‑prioritize as needed to meet overall product and portfolio goals
- Provide regular communication to stakeholders on product decisions, delivery progress, risks, and dependencies
- Gather and incorporate feedback from operational, business, and technology partners to inform product enhancements and refinements
- Lead the development and implementation of new or evolving product and delivery processes, including demand management, intake, sprint planning, and cross‑team coordination
- Work across multiple business areas and IT teams to establish standard processes, documentation, and governance
- Develop and deliver training, documentation, and standards to support consistent execution and adoption across teams
- Support effective team communication and alignment across product, engineering, and operational stakeholders
- Actively participate in audits, regulatory reviews, and research activities impacting the product portfolio
- Maintain awareness of upcoming regulatory, compliance, and partner requirements and assess impacts to the product roadmap
- Coordinate with Compliance, Risk, Legal, Operations, and Technology to ensure product designs and changes meet internal and external requirements
- Track and manage audit findings, compliance issues, external partner requests (including FinWise), and related research activities
- Ensure timely and accurate updates to Archer and other compliance or risk‑related systems and deliverables
- Pull in appropriate subject‑matter experts as needed to support compliance and audit activities
- Analyze product performance and funnel metrics to identify issues, opportunities, and areas for improvement
- Conduct competitive and market analysis to inform product positioning and enhancement opportunities
- Lead future‑state solutioning, including conceptual design and early‑stage requirements gathering for product enhancements
- Partner with leadership to inform and evolve the product roadmap in alignment with business strategy and regulatory timelines
- Serve as a senior leader within the Product Management organization, influencing outcomes through collaboration and expertise
- Build strong cross‑functional partnerships and drive alignment across stakeholders
- Mentor and support the development of product managers and analysts, as applicable
Requirements:
- Bachelor's Degree - Business, Information Technology or similar area of study. Additional experience may substitute
- Experience in product management, product ownership or a related role
- Experience with student lending or financial services compliance
- Experience supporting audits and regulatory examinations
- Experience working with third‑party or bank partners
- Strong written and verbal communication skills, with experience presenting to senior stakeholders
- Ability to manage multiple priorities and navigate ambiguity in a fast‑paced environment
- Ability to deliver complex products within highly regulated industries, such as financial services
- Knowledge of agile delivery methodologies and backlog management practices
- Skill in cross-functional collaboration with Compliance, Risk, Legal, Operations, and Technology stakeholders
- Ability to exercise sound judgment and make defensible product and delivery decisions within established governance and regulatory frameworks
- Skill in designing and implementing scalable product and delivery processes across teams