Digital Product Manager

The Federal Reserve

Confirmed live 2 days ago High trust

Quick summary

Work type
On-site
Location
Boston, MA
Salary
$144,300–$216,500 / yr
Posted
38 days ago
Freshness
Confirmed live 2 days ago

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $200k
This role $180k
$133k most similar roles pay here $251k

This role pays less than 70% of similar roles. Most pay $176,787–$224,000 — the shaded band above. At the midpoint, this role pays about $180k versus about $200k for comparable roles.

Based on 240 similar postings.

Employer

About The Federal Reserve

The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations.

The Federal Reserve currently has 23 open roles on FindRole.

Listed pay typically runs $133,350–$174,450 across 16 roles with salary data.

Most-posted roles

View all roles at The Federal Reserve

At a glance

TL;DR · Digital Product Manager

The Digital Product Manager manages the end-to-end product lifecycle to optimize the Bank’s digital communications products while ensuring they meet business and user needs. Working within a team of up to four employees, the manager oversees the UX/UI design team, coordinates with stakeholders across the organization and IT, and translates user stories into actionable requirements. The role focuses on advancing product vision through innovation, specifically emphasizing AI readiness by integrating machine learning, natural language technologies, and AI-assisted workflows for improved performance and discoverability. Key responsibilities include managing roadmaps, overseeing wireframes and prototypes, conducting user research, and ensuring all products meet information security standards. Candidates should possess expertise in UX principles, design thinking, and project management. The role requires proficiency in data-driven insights to enhance digital experiences within the financial services and payments industry context.

What you'll do

  • Manage the end-to-end product lifecycle from initial concept and requirements gathering through launch and ongoing optimization.
  • Develop and execute product roadmaps that align digital products with business objectives and user needs.
  • Integrate AI-driven enhancements, automation, and machine learning technologies to improve product performance and user experience.
  • Supervise the UX/UI design team to ensure high-quality, user-centric designs across all digital touchpoints.
  • Oversee user research and testing to gather feedback and inform data-driven product decisions.
  • Ensure all digital products comply with information security standards, privacy regulations, and AI risk governance.
  • Lead a team of 1–4 employees by providing performance management, coaching, and professional development.

What we're looking for

  • Bachelor’s degree or equivalent experience in Product Management, UX Design, Computer Science, or a related field.
  • 5–7 years of experience in Product Management, UX Design, Computer Science, or a related field.
  • Proven track record of managing digital products from ideation through launch with strong user-centered design experience.
  • Experience with AI-enabled products, analytics, or automation is preferred.
  • Deep understanding of UX principles, design thinking, and user-centered design methodologies.
  • Strong communication and collaboration skills to partner effectively across cross-functional teams.
  • Analytical mindset with the ability to interpret data and outputs to inform product decisions.
  • Excellent project management skills including the ability to prioritize tasks and manage timelines.

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