Senior Product Analyst

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Scope of Position 

The Senior Product Analyst leverages data to drive product strategy and decision-making. This role involves conducting in-depth analysis of product performance, market trends, and consumer behavior to provide actionable insights. The analyst collaborates with cross-functional teams to define product goals, monitor performance, and identify opportunities for improvement. Additionally, they create detailed reports to communicate findings and recommendations to senior leadership.

Position Summary   

The Senior Product Analyst plays a crucial role in driving product success through data-driven insights and strategic analysis. This position involves collaborating with cross-functional teams to define product goals, monitor performance, and identify opportunities for improvement. The Senior Product Analyst is responsible for evaluating market trends, analyzing consumer behavior, and providing actionable recommendations to enhance product offerings. This role requires a strong analytical mindset, proficiency in data analysis tools, and the ability to communicate complex findings effectively to stakeholders.

Minimum Qualifications

• Bachelor’s degree finance, data, economics or a related field
• 4 years IT experience and/or 4 years in product analysis or a related role
• Proficiency in data analysis tools like SQL, Excel, Tableau, along with strong statistical analysis and data modeling skills

Duties and Responsibilities 

●      Developing a deep understanding of business goals and processes to inform product family priorities and improvement recommendations.

●      Define key performance indicators (KPIs) and metrics to measure product performance and success.

●      Increasing adoption and consumption of product family capabilities

●      Continuously monitoring and evaluating product value delivered to customers and proactively championing product improvements

●      Monitoring business, market, and technology trends to inform product strategy and proactively proposing new solutions.

●      Ensuring alignment and adherence to corporate, financial, and IT standards (e.g., architecture, compliance, security).

●      Managing investment decision-making and finances for the product family, taking a return-on-investment approach to increasing the value while minimizing product costs.

●      Creating detailed reports and dashboards to communicate findings and recommendations to senior leadership and cross functional teams.

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