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Chief Product Officer

We’re seeking a Chief Product Officer (CPO) to lead the product vision, strategy, and execution at Paxful. This role is pivotal in shaping the future of our core P2P product and integrating future acquisitions the company might pursue.The CPO will lead and build a team of product managers, designers, and analysts while partnering with the CTO to enhance our core offerings and drive innovative products that fuel growth.

Experience Requirement:

At least 5 years of leadership experience in fast-growth crypto companies is mandatory for this role

What You'll Do

Product Strategy

  • Execute a long-term product strategy to position Paxful as the premier P2P marketplace.
  • Align on strategy around various initiatives around the company
  • Align product initiatives with business goals, identifying opportunities and mitigating threats through actionable roadmaps.
  • Collaborate with stakeholders to prioritize features and initiatives that deliver the most customer and business value.

Product Management

  • Oversee the product lifecycle from concept to launch, ensuring post-launch support and iteration.
  • Deep experience constructively collaborating with experienced Engineering leaders. 
  • Partner with compliance, marketing, sales and other teams for seamless delivery.
  • Establish and monitor key product metrics to track performance and drive continuous improvement.
  • Ability to get your hands dirty when necessary. 

Team Leadership

  • Build, manage, and mentor a high-performing team of product managers and designers.
  • Foster a culture of innovation, collaboration, and accountability.
  • Guide team members in their professional development and inspire them to excel.

Data-Driven Execution

  • Leverage analytics to inform decisions and optimize product performance.
  • Utilize A/B testing and other experimentation techniques to fuel growth.

Market Analysis

  • Stay ahead of industry trends, competitor movements, and emerging technologies.
  • Conduct market research to uncover new opportunities and safeguard against risks.

Who You Are

Crypto Expert

  • Deep understanding of blockchain technologies, including wallets, tokens, smart contracts, and DeFi.
  • Passion for exploring new technologies and staying current with emerging trends.

Visionary Leader

  • Proven ability to translate big ideas into data-driven strategies and actionable plans.
  • Strategic thinker with a customer-centric mindset that shapes product development.

What We're Looking For

  • Leadership: Minimum 7+ years of experience leading product teams in high-growth crypto or fintech startups.
  • Communication: Exceptional ability to influence, inspire, and align teams.
  • Results-oriented: Analytical and data-driven, with a track record of solving complex problems.
  • Adaptability: Thrives in a dynamic, fast-paced environment.

Average salary estimate

$175000 / YEARLY (est.)
min
max
$150000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Chief Product Officer, Paxful, Inc

Join Paxful as our Chief Product Officer (CPO) and take the reins of our product vision and strategy! This is an incredible opportunity for someone with a passion for blockchain and product management to shape the future of our innovative P2P platform. You will be instrumental in defining and executing a long-term product strategy that positions Paxful as the leading P2P marketplace globally. As CPO, you will lead and cultivate a talented team of product managers and designers, ensuring we deliver features that resonate with our users while meeting business goals. Collaboration is key; you'll work closely with the CTO and other departments like compliance, marketing, and sales to prioritize initiatives that significantly impact our customers and the overall growth of the company. Your leadership will foster a culture of innovation and accountability. With your expertise in blockchain technologies and a keen eye for market trends, you will utilize analytics to inform key decisions and drive continuous improvement throughout the product lifecycle. If you have over 7 years of leadership experience in high-growth crypto companies and are ready to dive into a dynamic environment, Paxful wants you to be part of our exciting journey!

Frequently Asked Questions (FAQs) for Chief Product Officer Role at Paxful, Inc
What are the responsibilities of the Chief Product Officer at Paxful?

As the Chief Product Officer at Paxful, you will be responsible for leading the product vision, strategy, and execution. This includes overseeing the entire product lifecycle from concept to launch, ensuring collaboration with engineering, compliance, and other teams for seamless delivery, and establishing key product metrics to assess performance. You'll lead a high-performing team of product managers and designers while leveraging analytics to drive growth.

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What qualifications are required for the Chief Product Officer position at Paxful?

The Chief Product Officer role at Paxful requires a minimum of 7 years of experience leading product teams, particularly in high-growth crypto or fintech startups. You should have a deep understanding of blockchain technologies and a strategic mindset for navigating market opportunities. Excellent communication skills and a passion for innovation are essential to succeed in this position.

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What kind of team will the Chief Product Officer at Paxful lead?

The Chief Product Officer at Paxful will lead a talented team of product managers, designers, and analysts. You will be responsible for mentoring and developing this team to foster a collaborative and innovative culture aimed at meeting the company's strategic goals.

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How does the Chief Product Officer at Paxful align product initiatives with business goals?

To align product initiatives with business goals, the Chief Product Officer at Paxful collaborates closely with various stakeholders to identify opportunities while mitigating risks. This involves developing actionable roadmaps that prioritize features delivering maximum value to customers and the business, ensuring that every initiative supports the overall strategy.

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What skills are important for a Chief Product Officer at Paxful?

Important skills for a Chief Product Officer at Paxful include leadership capability, exceptional communication to inspire teams, and a results-oriented, analytical mindset. Adaptability in a fast-paced environment and a passion for blockchain technologies are crucial as you guide the product strategy and execution.

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Common Interview Questions for Chief Product Officer
What is your approach to developing a product strategy as a Chief Product Officer?

In developing a product strategy, I would start by researching market trends and customer needs to inform our goals. It's essential to align our strategy with the broader business objectives, through collaboration with key stakeholders. Additionally, I believe in creating actionable roadmaps that encompass both short-term wins and long-term vision.

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Can you describe a time when you successfully led a product from concept to launch?

I led a product launch for a crypto wallet where we faced initial resistance. By harnessing cross-department collaboration, gathering user feedback, and iterating based on data, we not only launched successfully but also exceeded our initial adoption targets. It strengthened my belief in the power of teamwork and user-centric design.

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How do you ensure your product team remains innovative?

Fostering innovation starts with creating a bold team culture where new ideas are encouraged. I implement regular brainstorming sessions, support continuous learning, and ensure everyone feels empowered to take calculated risks. Additionally, staying attuned to industry trends allows us to leverage new technologies effectively.

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What metrics do you focus on post-launch to assess product performance?

Post-launch, I focus primarily on user engagement metrics such as retention rates, user feedback, and conversion rates. It's also vital to track how the product aligns with our business objectives. Establishing these KPIs beforehand helps guide a continuous improvement plan.

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How do you handle conflicting priorities among stakeholders?

Handling conflicting priorities requires open communication and a flexible approach. I prioritize aligning the stakeholders around common business goals and use a collaborative decision-making process to find compromises. It often helps to revisit our strategic objectives to ensure that every team understands the bigger picture.

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What experience do you have with data-driven decision-making?

Throughout my career, I've leveraged data to inform almost every aspect of product decisions—from A/B testing new features to analyzing user behavior trends. Using data allows for making informed choices that ultimately enhance user experience and product performance, which I view as fundamental.

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How do you stay ahead of industry trends and competition in the crypto space?

I actively engage with industry reports, attend relevant conferences, and network with other thought leaders in crypto. Subscribing to key publications and platforms keeps me informed on emerging technologies, trends, and competitor strategies that could influence our decision-making.

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Describe your leadership style as a Chief Product Officer.

My leadership style is collaborative and inspiring. I believe in empowering my team, encouraging open dialogue, and providing opportunities for professional growth. I lead by example and aim to cultivate an environment where creativity thrives and everyone feels they can contribute.

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What is your process for evaluating product-market fit?

Evaluating product-market fit involves comprehensive user research, market analysis, and iterative testing. It’s vital to engage with users to understand their needs and ensure our offerings align with their expectations. Gathering feedback continuously helps refine the product until we achieve that ideal fit.

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Why are you passionate about working in the crypto industry?

I'm passionate about the transformative potential of cryptocurrencies and blockchain technologies. The ongoing innovations in this space excite me, and I love being part of a revolution that can empower individuals and redefine how we perceive value and transactions on a global scale.

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Paxful is a people-powered marketplace for money transfers with anyone, anywhere, at any time. Their mission is to empower the forgotten underbanked around the world to have control of their money using peer-to-peer transactions. The company, foun...

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Full-time, remote
DATE POSTED
January 11, 2025

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