Senior Product Manager

Regal Rexnord Corporation "("Regal Rexnord"") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord has become a $7.3B company with 36,000 associates globally.

You may not realize it, but Regal Rexnord has a significant impact on your life every day. The 'company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing, to name a few of the applications where our products are used.

Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This entails developing innovative solutions that balance both customer needs and the company's commitment to sustainability.  The company's industrial powertrain and automation solutions are integral to its growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

Scope of leadership role

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 Product Manager for our HVAC Business Unit, Aftermarket portfolio. This is a critical role in creating and driving a growth-focused product strategy as well as influencing key commercial-related business activities.

Reporting to the Sr. Director of Product Management for the HVAC BU, this role will have ownership over the HVAC Aftermarket space, and will be responsible for the development and execution of product line roadmaps to enable continued market leadership. 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.

Key Responsibilities

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
• Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
• Drive Voice-of-Customer collection for your products to develop market knowledge, create business conviction and drive focus and priorities for solutions that meet customers’ applications and are strategic
• 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 to drive the most return on investment and ensure sustainable success
• Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
• 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

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

Qualifications:

• Bachelor's Degree in Mechanical Engineering, Electrical Engineering, or equivalent field is required
• Minimum 8 years of Commercial or Product Management experience with highly engineered product