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Director of Product, Banking


We are re looking for an experienced, ambitious and hands-on Director of Product to drive forward our product for banking, lending and crypto clients. This is an exciting opportunity to join a rapidly scaling payments business and be instrumental in accelerating our growth. Who we are At Modulr  we are rethinking business payments. We provide a flexible payments platform which enables businesses to simplify complex payment flows delivering efficiencies and cost savings through automation. Our innovative approach to collecting and making payments delivers automated “straight through” processing and reconciliation. The precision we deliver enables our clients to comply with their audit and regulatory requirements for segregation, access, reporting and fee deduction. We enable businesses to scale and provide superior customer experiences through our API driven access to account creation, payment initiation and payment receipt confirmation. We’re building our business by delivering these benefits to clients within specific industry verticals starting with alternative lending, invoice finance, insolvency and debt management, property management and marketplaces. Our founding team has more than 60 years’ payments industry experience and have extensive experience of building and growing successful payments businesses, including CorporatePay a corporate card platform sold in 2012. Modulr is backed by Blenheim Chalcot , the UK’s leading venture builder. Founded in 1998, Blenheim Chalcot specialises in building digital businesses that transform industries. It’s portfolio of companies has sales of over £300m, more than 3,000 employees, and a successful track record of building over 40 companies across IT services and outsourcing, education, financial services, software, sport and media. This is a rare opportunity to join an exciting business from the outset, working in a tight-knit, high quality team with the experience to succeed in a fascinating and relevant market. What we're looking for Product at Modulr encompasses a broad portfolio of activities; from strategy definition, client project delivery, technical product development (working with engineering teams to build our platform), product packaging (value definition, commercial models), market development (engaging with new markets to find product / market fit) through to support for strategic sales and presales (solution design and pitching). To support our core activities, we are looking for a dynamic Director of Product to support and expand our product portfolio targeted at banking, lending and crypto customers. You will work across the broader business focused on three core areas: 1) collaborate with a broad range of stakeholders and customers to define the product strategy for your area 2) define product/product packaging solutions which meet customer expectations and fit within our strategic focus 3) drive product discovery, design, delivery, launch and support processes. You can expect to: Take ownership over specific Modulr Products and manage their lifecycle. Work closely with Financial Service customers to create game-changing products with a clear product/market fit. Working with cross-functional teams to deliver a best in class go to market strategy from product delivery through to full product launch. Lead the Customer research strategy across your product set, to meet the real need of the customer and confidently communicate research findings and insights to the rest of the business. Own and develop the product strategy for the future of the Partner integration vertical and deliver first in class products to support this. Coordinate the cross-functional activity in launching new or enhancing products and features. Manage a team of Product Managers, and work with the broader Product team to support our product portfolio and actively manage its market fit across a number of verticals, distribution channels and partners (e.g. refreshing value prop briefs, building and refining pricing models, producing best practice collateral, conducting user research and writing feature briefs). Work with our market development teams to understand, assess and specify new market requirements and how the Modulr integration partners, the Modulr platform and API components can be positioned to address them. Work with sales, account managers and presales teams to build and compile best in class solution designs and pitches for strategic opportunities. Work with the Product team to research and refine strategy for Partner integrations, focusing on value and timing of initiatives. Lead individual strategic initiatives that open new markets and channel partner opportunities for Modulr. Across the business you will champion the customer’s and user’s perspective and help teams understand the value Modulr creates for its clients. You’ll be a great fit if: You have deep working experience in the Financial Service/ Fintech sector, and have created complex solutions for Enterprise customers. You thrive in a rapidly changing environment, and are excited about the the prospect of taking ownership of new and existing products and setting out the best way to deliver their goals in a rapidly changing market. You are equally comfortable working in market talking to clients and prospects, distilling their requirements for internal teams and supporting technical product delivery activities. You get a buzz from solving problems. You are comfortable with holding hypotheses loosely until they’ve been validated. You are not afraid to change tack based on data. You are excited about leading and working with high-performing teams, pitching in where your inputs will have the most impact and equally comfortable to lead or contribute. You are structured and organised, able to handle the competing long term demands of strategic initiatives and urgent short-term tasks. We'll want you to show: At least 5 years of product management experience working in the Fintech, business banking or related space. At further 5 years of relevant professional experience in product, professional services or management consulting roles. Proven analytical and quantitative skills (e.g. price and cost models, revenue forecasts, tech / infrastructure scaling models etc.) Excellent interpersonal skills; you communicate clearly and effectively, while tailoring your approach to your audience, which will range from individuals across the business to presenting at the Board level. Ability to compile high-quality client / market documentation (proposals, presentations, solution designs). You’re comfortable working in a fast paced, ever changing and growing environment, where your priorities might change from day to day. You are outcome-focused, and are able to craft a clear path to achieving results for the business. A strategic thinker, and comfortable with navigating the complexities of the payments space to devise thoughtful, well-sequenced solutions which help to achieve business goals. You demonstrate a strong bias for action. You are focused on executing brilliantly, comfortable “showing” rather than “telling” your team how to get things done. A highly competent people manager, able to lead, inspire and get individuals to deliver their best work. That you are a great person to have on the team! Are you currently hold a valid work permit in the United Kingdom? --

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London, England, London, SW1V, United Kingdom

  • Ad ID:  18687478
  • Ad Type:  Offered
  • Posted on:  11/01/2021, 02:53
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