Vice President: Product

1 week ago

Durban, South Africa Derivco Full time

Job Profile Summary:
**Join us to create the giants in the industry**

At Derivco, we believe that our people are not just employees - they are the heart and soul of our business. It's their skills, expertise, and passion that define who we are and drive us towards excellence every day.
We empower our people to think creatively, push boundaries, and take ownership of their work. We don't just want employees; we want innovators and difference-makers who are ready to make an impact.

Culture is at the core of everything we do. We create an environment where our people can thrive, grow, and unleash their full potential. We provide the right tools, support, and opportunities for personal and professional development.

We are currently looking for multiple** Vice Presidents of Product** to join our **Cape Town or Durban** offices.

**Role Overview**:As a Vice President: Product in the Grow Revenue space, you will be responsible for spearheading the strategic direction, development, and execution of a key business value stream. This role is essential for maximizing commercial value, aligning product initiatives with overarching business objectives, and delivering outstanding product experiences that meet market needs. The VP of Product holds ownership of the financial profitability of the value stream, driving growth and innovation within the organization.

**Job Description**:
**Key Responsibilities**:

- Define, communicate and implement the vision & strategy for a critical product value steam ensuring alignment with business objectives to maximize the value and success of current products, identify market opportunities capitalizing on market trends and meeting customer needs.
- Collaborate with engineering, architecture, and customer teams to create and guide product strategies to optimize performance, enhance features, manage product lifecycles and create a seamless product experience for customers and end-users.
- Drive a culture of innovation by implementing product performance metrics to drive data-driven insights that guide product decisions and assess success, understanding player behavior to refine product strategy/product roadmap, enhance customer satisfaction and deliver cutting-edge technology solutions.
- Gather and analyze customer feedback to shape product features and ensure that products address key pain points and deliver exceptional value.
- Manage product roadmaps, prioritize features, and allocate resources for maximum impact and value.
- Develop value stream budget and monitor/control spend in order to deliver strategy, prioritizing projects in line with strategic intent and financial feasibility of projects.
- Own financial profitability of a value stream by continuously identifying areas of opportunity and risk within revenue forecasts and develop/implement strategic actions to correct the projection in order to maintain the forecasted revenue trajectory.
- Drive growth and profitability by boosting sales, expanding market share, and exploring new business opportunities related to product.
- Lead and drive a team of managers (senior and/or first line) and specialists with a focus on strategy delivery by setting clear direction and transparent expectations, to foster a culture of innovation, collaboration, and continuous improvement and achieve / exceed performance measures.

**Key Qualifications and Experience**:

- 10 - 15 years of experience in product or related fields, with at least 5 years in a senior leadership role.
- Senior management experience in domain within the iGaming, sports betting, casino, or related industries.
- Bachelor’s degree in Business, Product Management, Engineering, or a related field - Desirable.
- MBA or advanced degree preferred.

**Specific & Business Knowledge Required**:

- Strong Numerate & Analytical Proficiency; Commercial / Economic acumen.
- Communication & negotiation skills (verbal & written).
- Conflict management/
- Product Design Principles & Practices.
- In-depth iGaming Operator Knowledge.
- Regulatory Compliance;.
- Platform Architecture.
- Modern Development Methodology.

Derivco is an equal opportunities employer.

We value people as individuals with diverse opinions, cultures, lifestyles and circumstances and we are committed to equality of opportunity and to providing a productive working environment free from unfair and unlawful discrimination

LI-MF1

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