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Senior Vice President of Product Strategy

2 months 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 requires a blend of strategic vision and operational acumen to ensure that the most relevant Expert Solutions are prioritized, developed, and delivered in alignment with the changing needs of customers.

Collaboration with BCS Market Strategy leaders and other stakeholders is essential to ensure a profitable P&L for the expanding portfolio of BCS SaaS offerings.

Key Responsibilities:

  • Lead and cultivate a high-performing 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 banks.
  • Foster productive relationships with cross-functional teams, including market strategy, innovation, product engineering, project management, operations, and finance, to ensure cohesive execution of product management activities that drive financial success.
  • Lead initiatives to unify platforms across various technology stacks and facilitate the migration of over 2,000 customers from legacy systems to SaaS solutions.
  • Manage the complete lifecycle of BCS products, focusing on the development and maintenance of product roadmaps that reflect strategic objectives, market demands, and product lifecycle stages.
  • Ensure adherence to disciplined development processes (lean and agile) across all teams to guarantee that product development aligns with objective, customer-focused, data-driven methodologies.
  • Oversee 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.
  • Ensure the stability of key product platforms through the establishment and maintenance of high-performance standard operating procedures for cybersecurity, availability, data protection, regulatory compliance, and accessibility.
  • Collaborate with research and development teams within BCS to ensure a continuous transfer of advanced technology research into core product development roadmaps.
  • Support the VP & Segment Leader of Banking Compliance Solutions in high-level business strategy development, team culture initiatives, market problem-solving, and other group-wide activities.

Additional Responsibilities:

  • Establish a unified vision and foster a 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 support staff in their professional growth, providing ongoing feedback.
  • Ensure the right talent is in place to execute the strategic plan, recruiting 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 track record 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.
  • Experience in financial analysis and forecasting.
  • Familiarity with Agile Product Development, Pragmatic Marketing, or Design Thinking methodologies.

Skills and Abilities:

  • Experience in the financial services technology sector is preferred.
  • Collaborative team player with exceptional communication skills and attention to detail.
  • Able to thrive in a fast-paced environment and manage multiple projects effectively.
  • Strong leadership skills, including talent development and crisis resolution.
  • Proven ability to excel in customer-facing presentations.
  • Willingness to travel as necessary to meet business objectives.
  • Strong analytical skills with the ability to quickly absorb and analyze information.

Travel Requirements: Up to 20% travel may be required.

Compensation: Target salary range available based on location and experience.