Staff Product Manager, Ads Marketplace - Supply Optimization & Ranking (Auction/Bidding)

The Opportunity:

Reddit is at a pivotal moment in its evolution, and we’re growing our Ads team to take the platform’s monetization to new heights. As a Staff Product Manager on our Ads Marketplace team, you will play a central role in shaping how Reddit monetizes its vast, dynamic ecosystem of communities. This is an opportunity to work with a high performing team on one of the most exciting areas in online advertising, where the scale, complexity, and user-first mindset of Reddit’s platform present unique challenges and rewards. If you're looking for a role where you can make a real impact—driving both innovation and measurable business outcomes, then this is the role for you!

Role Overview:

As a Staff Product Manager, you will lead the development and optimization of Reddit’s ad marketplace, focusing on critical areas like real-time auctions, supply optimization, and pricing. You will collaborate across disciplines with Engineering, Data Science, and other product teams to deliver high-impact solutions that improve the experience for both advertisers and users.

In this role, you’ll own the end-to-end lifecycle of key marketplace features, from ideation and experimentation to scaling and optimizing. You’ll help Reddit stay ahead of industry trends by applying your deep expertise in online advertising and machine learning, while also driving forward the product vision and strategy that will define the next chapter of Reddit’s growth.

What You'll Do:

• Own the Ads Marketplace Vision: Drive the product strategy and execution for Reddit’s auction marketplace, ensuring it scales efficiently and delivers measurable value for all participants—advertisers, users, and Reddit.
• Lead Innovation: Partner with cross-functional teams to design, experiment with, and launch new features and ML-driven models 
• Collaborate Across Teams: Work closely with Engineers, Data Scientists, Sales, and other product teams to build solutions that address key marketplace challenges, from auction mechanics to supply and pricing optimization.
• Make Data-Driven Decisions: Use a deep understanding of metrics, analytics, and competitive research to define product strategy, identify opportunities for improvement, and shape the evolution of the ads marketplace.
• Impact the Bottom Line: Define and own KPIs that track both advertiser outcomes and marketplace efficiency, with a strong focus on revenue growth, user experience, and long-term sustainability.
• Shape Reddit’s Growth: Play a central role in defining and driving Reddit’s overall monetization strategy, ensuring that the marketplace remains efficient, fair, and innovative as it scales.

What You Bring:

• Experience: 6-8+ years of Product Management experience, with at least 2 years spent shipping impactful products in B2B or B2C contexts, particularly in areas like auctions, ranking, or information retrieval.
• Advertising Expertise: Strong background in online advertising, including experience with ad auctions, real-time bidding, or display advertising. 
• ML Experience: A proven track record of working on ML-based advertising products and driving product innovation using machine learning techniques.
• Data-Driven Approach: Expertise in using data to drive decisions and business outcomes. You should be comfortable diving into analytics, building experiments, and iterating based on insights.
• Product Leadership: You have experience managing the full product lifecycle—from concept to execution—and can make tough prioritization decisions while balancing competing stakeholder needs.
• Strong Communication: You excel at collaborating across teams and can communicate complex ideas effectively to both technical and non-technical stakeholders.

Why Reddit?

• Impact: You’ll be working on a product that is used by millions of people every day, and your contributions will directly shape the way Reddit engages with its users and advertisers.
• Ownership: As a senior PM, you’ll have significant ownership of key initiatives, giving you the chance to have a lasting impact on Reddit’s business and product.
• Innovation: Reddit is a fast-paced, innovation-driven environment where you’ll have the opportunity to work on cutting-edge ad tech and ML-driven products.
• Growth: Reddit’s ads team is scaling rapidly, and this is an opportunity to join at a critical time. You’ll have the chance to grow your career, take on new challenges, and shape the future of digital advertising.
• Work-Life Balance: We’re committed to your well-being, with flexible vacation policies, global wellness days, and paid volunteer time off. We care about your personal and professional growth, too, with generous development funds.

Perks and Benefits:

• 100% remote work flexibility (offices located in SF, LA, NY & Chicago if you are interested in hybrid/in office options)

• Comprehensive Healthcare Benefits and Income Replacement Programs

• 401k Match

• Family Planning Support

• Gender-Affirming Care

• Mental Health & Coaching Benefits

• Flexible Vacation & Reddit Global Days Off

• Generous paid Parental Leave  

• Paid Volunteer time off

Ready to Join Us? If you’re passionate about creating innovative advertising experiences and want to make an impact at one of the most exciting tech companies today, we’d love to hear from you.

About Reddit Ads: Reddit Ads provides a robust, high-scale advertising solution designed to connect brands with an engaged, authentic community. We aim to deliver advertising that feels native to the platform while driving real business results. As part of the Reddit Ads team, you’ll be at the forefront of reshap

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