Principal Product Manager at Marcus & Millichap

Los Angeles, California, United States

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$200,000 – $250,000Compensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Real EstateIndustries

Requirements

Bachelor’s degree in business, management or technology
10-15 years of experience in product management, with a proven track record of leading successful product teams and delivering impactful products
Strong knowledge of Agile/Scrum development methodologies. Experience in leading agile transformations is a plus
Demonstrated success implementing product-led growth strategies with measurable improvements to key metrics. Ability to drive growth through innovative product strategies
Strong business acumen with proven ability to work effectively with cross-functional teams and manage multiple priorities
Exceptional leadership and stakeholder management capabilities, with a talent for uniting teams and reconciling varied business interests
Results-oriented and self-motivated, with a proven ability to lead through complexity and prioritize effectively in high-pressure environments
Familiarity with tools like Jira and Confluence. Experience with other product management and collaboration tools is a plus
Technical background or experience working closely with engineering teams

Responsibilities

Product Ownership: Define, prioritize, and maintain the product roadmap in alignment with business goals, user needs, and technical feasibility. Ensure roadmap visibility and alignment across all stakeholders
Requirement Gathering - Internal: Conduct research, interviews, and analysis to gather insights and translate them into clear product requirements (PRDs, user stories, wireframes)
Requirement Gathering - External: Conduct market research and analyze industry trends to inform product direction and identify opportunities
Agile Leadership: Lead agile ceremonies (stand-ups, backlog grooming, sprint planning, retrospectives), ensuring cross-functional teams are aligned and delivering value. Promote agile best practices and continuous improvement
Stakeholder Management: Collaborate closely with C-Suite leaders and the senior management team, including business, technical, and customer-facing functions to gather feedback and communicate product direction and outcomes. Build strong relationships to drive stakeholder engagement and alignment
Metrics & Analysis: Use data to define KPIs, monitor performance, and identify opportunities for innovation, improvement, and optimization
Go-to-Market Strategy: Partner with sales, operations, and support teams to successfully launch new features and products. Develop and execute comprehensive go-to-market plans to ensure adoption and impact
Customer Advocacy: Champion the voice of the user throughout the development lifecycle to ensure the delivery of high-quality experiences
Continual Improvement: Drive continual improvement within the Product Management department. Implement best practices, optimize processes, and foster a culture of excellence

Skills

Key technologies and capabilities for this role

Product RoadmapPRDsUser StoriesWireframesAgileSprint PlanningBacklog GroomingRetrospectivesStakeholder ManagementMarket Research

Questions & Answers

Common questions about this position

What is the salary range for this Principal Product Manager role?

The anticipated salary range for candidates working in Los Angeles, CA is $200,000 - $250,000 annually plus bonus. The final salary depends on factors like experience, education, and industry type.

Is this Principal Product Manager position remote or office-based?

This information is not specified in the job description.

What experience and skills are required for this role?

Candidates need a Bachelor’s degree in business, management, or technology, and 10-15 years of product management experience with a proven track record of leading teams and delivering products. Proficiency in Agile/Scrum is also required.

What does the work environment or team structure look like at Marcus & Millichap for this role?

This information is not specified in the job description.

What makes a strong candidate for the Principal Product Manager position?

A strong candidate has 10-15 years of product management experience leading successful teams, a Bachelor’s degree in business, management, or technology, and expertise in Agile/Scrum practices.

Marcus & Millichap

Commercial real estate brokerage and advisory services

About Marcus & Millichap

Marcus & Millichap specializes in commercial real estate investment sales, financing, research, and advisory services across the United States and Canada. The firm operates with a team of 2,000 professionals in 80 offices, serving clients such as real estate investors, property owners, and developers. They assist clients in buying, selling, and financing various types of commercial properties, including multifamily housing, retail, office, industrial, and hospitality. The company earns revenue primarily through commissions on property sales and financing arrangements, as well as fees for their research and advisory services. What sets Marcus & Millichap apart from competitors is their focus on specialization, commitment to client results, and the integration of research and technology to enhance their services. Their goal is to provide tailored solutions that lead to successful outcomes for their clients in the commercial real estate market.

Calabasas, CaliforniaHeadquarters

1971Year Founded

$28.1MTotal Funding

IPOCompany Stage

Consulting, Real EstateIndustries

1,001-5,000Employees