I bought a ski jacket outer shell on sale.
It is waterproof and warm.
The hood is large enough for a bike helmet.
There is a Velcro thing that covers your mouth area and at the hand area to keep you warm
There are ventilation zippers under the arm pits.
Lots of pockets and zippers.
It's black but I carry a light mesh high viz contruction vest for wearing over the top.
I've carried light weight rain jackets before and have froze my ass off in moutainous areas at night. This thing is way better. I experience severe rain storms on the Plains with high wind so I get pretty cold and wet but only for short periods.
Mine was less than half price when I bought it one May a few years ago.