VP Product - Banking

Xero•San Mateo, CA

About The Position

At Xero, we’re here to make running a business beautiful. By making small businesses more efficient every day, connecting them with big business technology and empowering a community behind them, their potential is limitless. When that happens, we’re not only helping small businesses, we’ll be building a stronger economy that can change the world. How you’ll make an impact As the VP/GM of Product for Banking, you will own the vision, strategy, and product delivery for our bank feeds and bank reconciliation products. You will provide oversight across your portfolio, ensuring the right things are built at the right time and through doing so you’ll contribute to Xero achieving its goals. You will identify and execute on key opportunities for your portfolio that will add more value to our customers, ultimately generating a competitive advantage and enabling the company to grow faster. You will lead a large multidisciplinary and cross functional team with high levels of complexity, ambiguity, dependencies and/or stakeholder management. People leadership of experienced product leaders and their teams is a significant part of the role.

Requirements

Ownership and ability to thrive in a fast-paced environment
Building effective relationships across all levels of the business
Advocate for building quality software that are customer centric
Ability to break down complex problems, deliver pragmatic solutions and able to manage changing priorities
Strong understanding of business software solutions
Broad knowledge of technology and software development
Ability to assess commercial viability of products to either introduce, grow, mature or retire products and to either build, buy or partner on solutions.
Significant people leadership experience, with the ability to successfully motivate individuals and teams and develop individuals capabilities.
Proven experience collaborating with a diverse stakeholder group to realise commercial outcomes
Proven ability to influence outcomes at all levels
Demonstrated experience in defining product roadmaps and planning
Previous experience in leading people leaders and forming high-performing teams

Responsibilities

Work with the portfolio leadership team and regional Go-to-market Managing Directors to advance and evolve portfolio strategy.
Regularly review this strategy, updating it to reflect changes in Xero’s strategy, market changes, and lessons learned from customers and initiatives
Be accountable for the commercial success of the products you and your team create and manage
Define, own and communicate the product roadmap and prioritization (including development of business cases) to best determine how to service customer needs
Ensure the roadmaps produced by your product leaders are data-informed, based on customer research, have clear objectives and KPIs, balance functional and nonfunctional work and are realistic
In collaboration with design and engineering teams, transform product ideas into actionable concepts, timelines, projects, and ultimately - launches - while maintaining a serious consideration of the financial implications, marketing needs, and the overall objectives of the business.
Support product leaders in, and engage with, major commercial stakeholders as appropriate.
Work with strategy, product marketing, data, and research teams and drive user and competitive research to uncover customer needs and new product value propositions in line with Xero’s vision and commercial goals
Establish and maintain good working relationships throughout the wider organisation, particularly Engineering & Architecture, Design, Marketing, Regions, Sales and Customer Experience.
Work with local go-to-market teams to ensure they understand the product strategy, the team understands their challenges and there is clear messaging in place for all product launches.
You will enable your team to do the best work of their lives.
Provide team leadership, shaping the team vision, culture, product team scope and ways of working
Coach and lead a number of individual contributors and people leaders, ensuring high performance and high engagement
Effectively communicate and cascade information appropriately to ensure teams are engaged and are connected to strategy
Enable and empower people to work autonomously where appropriate, providing guidance, coaching and mentorship.
Actively engage with your team members about their careers, manage performance and support their growth and development
Recruit new Xero's as required, ensuring team members are high quality, contribute to Xero's culture, and are on-boarded effectively
Manage team compliance with Xero policies, processes and requirements
Role model exemplary leadership by developing leadership capabilities and upholding our Xero values
Foster a safe environment for people to experiment and learn