Sr. Director, Group Product Strategy id-6851
The Company
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
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We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do - and they push us to ensure we take care of ourselves, each other, and our communities.
Job Description Summary:
What you need to know about the role:
We are looking for an experienced and visionary Sr. Director, Group Product Strategy to lead and shape the strategic direction of the Global Solutions Engineering portfolio.
Meet our team:
This leadership role is pivotal in defining the overarching product strategy that drives business growth and market leadership for this newly created group, which aims to accelerate the buildout of strategic initiatives and platforms.
Job Description:
Your way to impact:
As the Sr. Director, Group Product Strategy, you will have primary responsibility for developing and articulating a clear, compelling vision and strategy in alignment with PayPal's overall strategy. You will focus on establishing a shared vision across the company for a portfolio of products with a deliberate and cohesive strategy. You will lead product strategy development and develop a clear, executable view of the product portfolio strategy with cross-functional stakeholders.
You will shape the architectural roadmap and balance innovative design and technical implementation while balancing regulatory requirements, time to market, meeting customer needs, and product profitability. You will champion the customer experience and prioritize customer needs in product requirements and decision-making. You will define and use metrics that inform the success of products, including usability studies, research, and market analysis. To drive data-driven decision-making, you will standardize workstreams to include analytics, customer discovery, market research, and competitive analysis.
You will be responsible for product portfolio profitability, including budgetary decisions. You will lead operational mechanisms that drive execution and accountability, including Product Reviews, Operating Reviews, and Business Reviews, interfacing with senior leadership as needed.
You will lead a team of product managers, who partner with global cross-functional partners, including content strategists, data scientists, product designers, and user experience researchers. You will maximize efficiency in a constantly evolving environment where the process is fluid and creative solutions are the standard.
You will partner closely with global product solutions teams, business unit engineering teams and core platform engineering teams to build product as platforms thereby accelerating time to market across PayPal suite of products.
Your day-to-day:
- Strategic Leadership: Develop and implement company-wide product strategies that align with overall business goals.
- Executive Collaboration: Partner with C-level executives and senior leadership to define product vision, long-term roadmap, and business objectives.
- Market & Competitive Intelligence: Drive market and competitive analysis strategically, identifying trends, customer needs, and potential disruptions.
- Cross-Functional Leadership: Oversee and collaborate with product management, engineering, design, marketing, and sales teams to ensure seamless strategy execution.
- Portfolio Management: Oversee multiple product lines' strategic direction and growth.
- Financial and Operational Impact: Work with finance and product teams to define product portfolio financial models, KPIs, and success metrics.
- Innovation & Vision: Identify and champion new product opportunities and business models, guiding the development of products that anticipate and meet market demands.
- Talent Development: Build and lead a high-performing team of senior product strategists.
- Stakeholder Management: Present and communicate the product strategy and progress to executives, board members, and other key stakeholders.
What you need to bring:
- Experience: Minimum of 18 years of relevant work experience and a Bachelor's degree or equivalent experience. Proven track record of driving the strategy and execution of large, complex product portfolios with significant business impact.
- Strategic Vision: Demonstrated ability to think strategically at both a high level and operational level. Deep expertise in setting and executing long-term product strategy and making data-driven decisions.
- Leadership: Strong leadership skills, with the ability to influence and inspire cross-functional teams and executives.
- Business Acumen: Strong understanding of business models, financial management, and operational efficiency.
- Data-Driven: Expertise in leveraging data, analytics, and customer insights to guide product decisions and track performance.
- Industry Expertise: In-depth knowledge of the financial technology industry and its dynamics, along with the ability to understand emerging trends and their potential impact on the business.
- Communication: Exceptional verbal and written communication skills, with the ability to communicate complex strategies and concepts to both technical and non-technical audiences.
