Head of Product
Target, United Kingdom
Job Description
Target Group are a leading business services provider in lending, investments and insurance, creating value for our clients through digital customer journey, outsourcing and operational transformation.
As a leader in the Change function, the Head of Product will play a pivotal role in helping Target achieve its objectives by transforming Target into a product orientated organisation. You will complete the formation of a Product Team, containing Product Managers and Owners, and define its ways of working. The Product Team’s goal will be to identify, deliver, sustain (and ultimately retire) products that create genuine competitive advantage and generate the most profitable revenue for Target, whilst staying aligned to its overall market strategy.
With the support of the wider business, the team will define and execute product visions, strategies, and roadmaps, covering both the technology and business aspects enabling the expected service for clients and customers. The Team will also be responsible for communicating the product vision and roadmap to stakeholders and ensuring that the product is delivered on time and within budget. When successful, the Team will support the transfer of knowledge to the Implementation Team and stay involved in the implementation to ensure the product vision is delivered as expected.
Target runs a number of bespoke solutions for its clients. The Product Team will also own these solutions and apply product thinking to them and align them, as a much as possible, to core, strategic solutions.
Day-to-day responsibilities will include:
- Hire and then develop a team of high performing Product professionals
- Stay informed about market trends, competitor products and customer behaviour to inform product decisions
- Support Growth by participating in the new business process, contributing to RFP responses and interacting directly with clients and prospects
- Define and implement the Product Team’s operating model and ways of working
- Implement disciplined innovation processes to ensure Target maximises the value of its product development spend
- Participate in Change amp; IT’s goal to continuously improve its service by identifying and delivering improvement opportunities
- Support Product Owners in devising proposals to meet prospect needs
- Where solutions cannot be taken from the standard solution portfolio, support the definition of bespoke solutions within the constraints set out by Exco through the Bid process
Requirements
We're looking for an experienced Head of Product who is used to delivering solutions in a dynamic product environment, ideally within the Financial Services/ Fintech industry.
- Excellent leadership, communication, and decision-making skills
- Ability to work collaboratively with various stakeholders.
- High effectiveness in interacting with cross-functional teams
- Creative problem-solving skills and the ability to see the big picture
The successful candidate will have:
- Proven success in overseeing all elements of the product development lifecycle
- Experience with product lifecycle management, specifically disciplined innovation
- Experience in devising finely tuned product roadmaps
- Strong understanding of the market and customer needs
- Working with 3rd parties, both in the UK and India (desirable)
Benefits
In addition to your basic salary (banding starting from 80,000, depending on experience), we offer a comprehensive, flexible and market-competitive benefits package. Our flexible benefits package allows you to choose the benefits that best suit your lifestyle.
Core Benefits
- 30 days holiday plus bank holidays
- Annual Pay Review
- Discretionary Company Performance Bonus
- Employee Assistance Program
- Company paid Private Medical Insurance (benefit in kind)
- Free Flu Vaccinations, Eye Tests and employer contribution towards glasses
- My Recognition
- Confidential access to health and wellbeing support
- 4 x Salary Life Insurance
Our flexible benefits scheme gives employees access to additional benefits to supplement their core package:
- Pension Contribution Salary Sacrifice
- Cycle2Work
- Critical Illness Cover + Dental Insurance
- Gym Flex
- Hello Fresh / Taste Card / Gourmet Card
- RAC Breakdown Cover
- Charitable Payroll Giving
- Sell holiday
- Technology loans
We’re committed to creating a Diverse amp; Inclusive culture through the execution of our Damp;I strategy, community relationships, our people amp; leaders.
Grow your future with us!