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Director of Product

Job Summary:

This is an exciting opportunity for an innovative and entrepreneurial individual to join our team to lead the development of product initiatives targeted at improving market share of our business in the security industry. If you are adaptable and able to thrive in an iterative, fast-paced, high-energy culture, we need to talk! This role reports to the General Manager and is a valued member of the Bravura Security Leadership Team.

Job Description:

Core Responsibilities

  • Utilize data, analysis, financials, and input from customers and company subject matter experts to determine short and long term strategic plans for the product offering.
  • Aggressively identify market opportunities by conducting market research and observation supported by regular on-going visits to customers.
  • Conduct competitive analysis and develop a strong understanding of stakeholders to drive product decisions.
  • Synthesize information gathered to develop a go-to-market product strategy and manage its execution.
  • Develop and manage the business plans for products that reflect the market opportunity, competitive challenges, product requirements, pricing, pipeline, forecasting and organizational resources to achieve success.
  • Build a substantial pipeline of product opportunities, identify product development initiatives and generate new ideas that have significant potential to grow the Company’s market share, improve customer experience and drive overall revenue growth.
  • Gather and assimilate a wide variety of research and data for product requirements; define the unique features and functionality of our products to meet customer needs and market opportunities.
  • Identify emerging trends and relationships with potential partners for new products and services, and direct our existing partner solution development.
  • Prepare IRR financials and be accountable for approved product development initiatives through implementation.
  • Analyze key performance metrics to measure effectiveness of product offerings and drive improvements.
  • Collaborate with the senior leadership team to set the overall strategic direction for the company’s product line in order to meet financial targets.
  • Develop strong partnerships with Sales, Marketing, Operations, and Finance to leverage functional resources effectively.
  • Introduce product management processes and structure, as appropriate, to support growth of the company and enable quality development of product enhancements.

Qualifications

  • Bachelor’s degree in technology or business field, or equivalent experience.
  • Minimum of 6 years of experience in product management field.
  • 2 years of experience with function leadership.
  • Direct experience with managing an agile product development life-cycle in conjunction with software engineering divisions.
  • Effective communication skills and ability to partner with cross-functional peers in a matrix organization.
  • Driven by innovation and an out-of-the-box thinker.
  • Ability to quickly understand and assess opportunities at a strategic level leveraging proven business acumen.
  • Ability to envision ways to leverage emerging technologies to create innovative breakthroughs in the security market.
  • Applies broad knowledge and understanding of the industry.
  • Ability to build rapport and influence senior management, customers, and a broad and diverse peer group.
  • Ability to travel up to 25%.

Preferred Qualifications

  • Experience with IRR financial models.
  • Previous experience in managing P&Ls for products.

Worker Type:

Regular

Number of Openings Available:    

1

Average salary estimate

$115000 / YEARLY (est.)
min
max
$100000K
$130000K

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 Director of Product, Volaris Group

Are you ready to take the reins as the Director of Product at Bravura Security? This remote opportunity is perfect for an innovative leader eager to make a significant impact in the security industry. In this role, you'll be part of the Bravura Security Leadership Team, reporting directly to the General Manager. Your mission will be to enhance our market share by developing strategic product initiatives that resonate with customers. You'll leverage data, conduct thorough market research, and engage regularly with clients to identify new opportunities for growth. You'll also take charge of crafting a compelling go-to-market strategy that positions our products competitively in the fast-paced security landscape. As the Director of Product, you'll be responsible for creating robust business plans and analyzing performance metrics to measure success. You'll collaborate closely with sales, marketing, operations, and finance teams to ensure our product offerings not only meet market demands but also exceed customer expectations. If you have a background in technology or business, extensive experience in product management, and the vision to innovate in this space, we’d love to connect with you!

Frequently Asked Questions (FAQs) for Director of Product Role at Volaris Group
What are the main responsibilities of the Director of Product at Bravura Security?

As the Director of Product at Bravura Security, you will lead product initiatives, conduct market research and competitive analysis, develop go-to-market strategies, and manage product business plans. Your role will also involve synthesizing data to identify market opportunities and trends, collaborating with cross-functional teams, and measuring product performance against key metrics.

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What qualifications are necessary for the Director of Product role at Bravura Security?

To be considered for the Director of Product position at Bravura Security, you should have a Bachelor’s degree in technology or business, a minimum of 6 years of experience in product management, and at least 2 years of function leadership experience. Additionally, knowledge in agile product development and proven communication skills are essential.

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How does the Director of Product contribute to Bravura Security's growth?

The Director of Product at Bravura Security is pivotal in identifying and leveraging emerging industry trends to create innovative product solutions. By developing strategic partnerships and utilizing data-driven insights, you'll foster significant growth in market share and revenue for the company.

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What skills are needed to excel as a Director of Product in the security industry?

Key skills for success as a Director of Product at Bravura Security include strong analytical abilities, effective communication, innovative thinking, and strategic vision. Building rapport with senior management and understanding customer needs are also critical for driving product enhancements.

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What is the working environment like for the Director of Product at Bravura Security?

The Director of Product role at Bravura Security offers a dynamic, remote working environment where adaptability and innovation are highly valued. You'll work collaboratively with a talented team in a fast-paced culture, focusing on driving strategic product initiatives to improve customer experience and capture market opportunities.

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Common Interview Questions for Director of Product
How do you approach market research as a Director of Product?

In approaching market research, I prioritize understanding customer needs and current trends through qualitative and quantitative methods. I use surveys, interviews, and data analytics to inform product strategies, ensuring our offerings are aligned with market demands.

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Can you describe your experience with agile product development?

I have extensive experience managing an agile product development life-cycle, working closely with software engineering teams. I prioritize collaboration, iterative feedback, and adaptability to align product features with user needs and strategic goals.

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How do you define a successful product launch?

A successful product launch is defined by comprehensive market preparation, execution based on a well-structured go-to-market strategy, and achieving predefined KPIs. I focus on ensuring that all functional teams are aligned and that we continuously gather feedback for future enhancements.

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What techniques do you use to gather customer feedback?

I employ a mixture of direct feedback channels like interviews and surveys, along with indirect methods like monitoring user behavior through analytics. By synthesizing this data, I can adapt our product offerings to better meet customer expectations.

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How do you prioritize product features?

I prioritize product features based on customer insights, market demand, and strategic business goals. Utilizing tools like the Kano model helps me assess feature importance against user satisfaction to maximize impact.

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Describe your experience in financial modeling for product development.

I have significant experience in IRR financial modeling, which allows me to assess the viability of product investments. By analyzing costs, revenues, and risks, I'm able to make informed decisions about which initiatives to pursue.

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How do you ensure cross-functional collaboration in a matrix organization?

I promote open communication and regular check-ins between stakeholders to align goals and strategies. Utilizing project management tools helps in scheduling and tracking progress, while fostering a culture of shared success is key to collaboration.

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What metrics do you track to evaluate product performance?

I focus on key performance indicators such as customer adoption rates, net promoter score (NPS), revenue generated, and user engagement metrics. These insights help me understand the product’s effectiveness and areas for improvement.

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What strategies do you use to anticipate market trends?

I stay informed through continuous market analysis, networking with industry experts, and monitoring competitor activities, which helps me identify potential trends early. Proactive engagement with customers also yields valuable insights into emerging needs.

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Why do you think innovation is crucial in product management?

Innovation is essential in product management as it drives differentiation in the market and addresses evolving customer needs. Embracing new technologies and ideas helps a company remain competitive and relevant in a constantly changing industry landscape.

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