Senior Vice President of Product Strategy

1 week ago

Waltham, Massachusetts, United States Wolters Kluwer Full time

The Senior Vice President of Product Management for Banking Compliance Solutions (BCS) plays a pivotal role within the BCS Segment of Wolters Kluwer Compliance Solutions. This position is responsible for steering the product strategy and innovation execution, overseeing product development, and enhancing customer engagement with technology solutions that achieve significant annual revenue growth across a diverse customer base.

This role necessitates a blend of strategic foresight and operational acumen to prioritize, develop, and deliver the right Expert Solutions that align with the dynamic needs of customers.

Collaboration with BCS Market Strategy leaders and other stakeholders is essential to ensure the successful management of the P&L for the expanding portfolio of BCS SaaS products.

Key Responsibilities:

  • Lead and cultivate a Product Management team comprising five directors and over 70 professionals.
  • In partnership with DXG leadership, indirectly oversee and prioritize the work of a development team exceeding 200 members, including both full-time employees and contractors.
  • Serve as the public representative for BCS products, engaging with sales teams in negotiations with major corporations, including national and global banking institutions.
  • Foster productive relationships with cross-functional teams, including market strategy, innovation, product engineering, project management, operations, and finance, to ensure alignment and execution of product management activities that support financial success.
  • Lead initiatives to unify platforms across various technology stacks and facilitate the migration of over 2,000 customers from legacy/on-premise solutions to SaaS.
  • Oversee the complete lifecycle of BCS products, focusing on developing and maintaining product roadmaps that reflect strategic objectives, market demands, and product lifecycle stages.
  • Ensure adherence to disciplined development processes (lean and agile) across all teams involved to guarantee that product development aligns with customer-oriented, data-driven methodologies.
  • Manage the definition and prioritization of the product backlog to ensure effective identification and implementation of solutions.
  • Coordinate new product launches and updates, collaborating closely with the Market Strategy team and other key stakeholders.
  • Maintain the stability of key product platforms in the market by establishing and adhering to high-performance standard operating procedures for cybersecurity, high availability, data protection, regulatory compliance, and accessibility.
  • Coordinate research and development teams within BCS to ensure a continuous flow of advanced technology research into core product development roadmaps, supporting the transition to higher-value 'decision support' solutions.
  • Support the VP & Segment Leader of Banking Compliance Solutions in high-level business strategy development, team culture creation, market problem-solving, and other group-wide initiatives as necessary.

Additional Responsibilities:

  • Establish a cohesive vision and collaborative work environment among diverse groups. Mentor and coach team members to build high-performing teams within the BCS Product Management function.
  • Set performance goals and assist staff in their professional growth; provide continuous feedback.
  • Ensure the right talent is in place to execute the strategic plan; recruit new talent as necessary.
  • Align the team through KPI reporting and regular qualitative assessments.
  • Monitor team effectiveness through regular goal reviews and KPI tracking.

Qualifications:

  • Bachelor's degree or equivalent required.
  • 15+ years of experience leading product management for complex, high-revenue B2B technology products in relevant information industry markets.
  • 8+ years of management experience, with a minimum of 4 years in a Director-level or higher role.
  • Proven success in designing, delivering, and managing successful B2B software products in a complex information services environment.
  • Direct responsibility for product requirements, design, and delivery.
  • Strong expertise in all stages of the product development process, with a deep understanding of formal development methodologies such as Lean.
  • Experience in financial analysis and forecasting.
  • Familiarity with Agile Product Development, Pragmatic Marketing, or Design Thinking.

Skills and Abilities:

  • Experience in the financial services technology sector is preferred.
  • Collaborative team player with excellent communication skills and attention to detail, fostering innovative thinking.
  • Able to thrive in a fast-paced environment and manage multiple projects effectively.
  • Exceptional executive-level leadership skills, including talent development, project management, resource allocation, and crisis resolution.
  • Proven ability to excel in customer-facing presentations and pitches.
  • Willingness to travel to meet business objectives.
  • Strong analytical skills, with the ability to quickly absorb and analyze information independently.

Travel Requirements: Up to 20% travel.

Compensation: Target salary range varies by location.

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