At a Glance
- Tasks: Shape product value and drive go-to-market strategies for innovative financial solutions.
- Company: Avaloq, a leading wealth management tech provider with a global presence.
- Benefits: Flexible working, diverse culture, and opportunities for career growth.
- Other info: Embrace a supportive environment that values diversity and work-life balance.
- Why this job: Join a mission to democratise wealth management and collaborate with top financial institutions.
- Qualifications: 10 years in the software financial industry and strong stakeholder management skills.
The predicted salary is between 80000 - 100000 £ per year.
Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 12 countries, and more than 170 clients in 35 countries. We are an industry‑leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research led approach and continual innovation is powered by the passion and creativity of our colleagues. We are always looking for talented people to join us on our mission to orchestrate the financial ecosystem and democratize access to wealth management.
Avaloq offers the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers. Championing a collaborative, supportive and flexible work environment empowers our colleagues to reach their full potential.
Job Description
Product Strategy & Offering’s mission is to lead the early phases of the product value chain. As a team, we provide market research insights to articulate the value and pricing of our product offering. We oversee budgets, drive investment decisions, and prioritize the entire product portfolio in the best interest of Avaloq and its broad client community. We translate company strategy into product evolution and innovation by orchestrating and integrating with our partners’ ecosystem. The team engages with numerous stakeholders and plays a central role in advocating for and conveying clear messages around our products throughout the organization and to external parties, with marketing providing support. We value curiosity, adaptability, collaboration, and dedication.
Your key tasks
- Monetization and pricing strategy: assess and shape product value, confirm with sales the market opportunities, and determine optimal pricing for new launches
- Manage and maintain the product catalogue, keeping it up-to-date, consistent, and accessible
- Drive go-to‑market planning by consolidating business cases and supporting sales teams for successful product introductions
- Use compelling storytelling to promote Avaloq solutions and third‑party offerings within the ecosystem
- Support sales in offering preparation ensuring end client satisfaction
Qualifications
- Bachelor’s degree in business and economics or information technology or engineering
- Minimum 10 years’ experience in software financial industry and knowledge of banking products
- Stakeholder management: collaborate effectively with sales, marketing, finance, product management, business analysts, and the leadership team
- Business and financial acumen: demonstrate proficiency in understanding P&L statements and profit margins, possess knowledge of SaaS metrics, and skillfully develop and assess business cases
- Customer and market empathy: recognize what drives customer value and willingness to pay, exhibit strong communication abilities
- Experimentation mindset: display adaptability in ambiguous situations and embrace iterative processes
- Proficiency in English. German and Italian are an advantage
It would be a real bonus if you have
- Master’s degree in business and economics or information technology or engineering
- Experience in a B2B SaaS organization
- Avaloq products knowledge
Additional Information
We realize that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices. In Avaloq we are proud to embrace diversity and understand the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self. We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique.
Commercial Product Manager employer: Avaloq AG
Avaloq is an exceptional employer that champions a collaborative and flexible work environment, empowering its employees to thrive in their careers while working with leading financial institutions globally. With a strong commitment to diversity and inclusion, Avaloq fosters a culture where every individual can be their authentic self, offering ample opportunities for professional growth and development in the dynamic field of wealth management technology.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Product Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Avaloq. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Show off your storytelling skills! When you get the chance to speak with someone from Avaloq, make sure to weave in how your experience aligns with their mission and values.
✨Tip Number 3
Prepare for interviews by diving deep into Avaloq's products and market strategies. The more you know, the better you can demonstrate your fit for the Commercial Product Manager role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people at Avaloq.
We think you need these skills to ace Commercial Product Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Commercial Product Manager role. Highlight your experience in the software financial industry and any relevant projects that showcase your ability to manage product portfolios.
Craft a Compelling Cover Letter:Use your cover letter to tell your story! Share why you're passionate about wealth management technology and how your background makes you a great fit for Avaloq. Don’t forget to mention your adaptability and collaborative spirit!
Showcase Your Stakeholder Management Skills:In your application, emphasise your experience working with various stakeholders. We want to see how you've successfully collaborated with sales, marketing, and product management teams to drive product success.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team!
How to prepare for a job interview at Avaloq AG
✨Know Your Product Inside Out
Before the interview, dive deep into Avaloq's products and services. Understand their value propositions, target markets, and how they fit into the broader financial ecosystem. This knowledge will help you articulate your insights during the interview and demonstrate your genuine interest in the role.
✨Showcase Your Stakeholder Management Skills
Prepare examples that highlight your experience in collaborating with various stakeholders, such as sales, marketing, and finance. Be ready to discuss how you've successfully navigated complex relationships and driven product strategies that align with business goals.
✨Demonstrate Financial Acumen
Brush up on your understanding of P&L statements, SaaS metrics, and pricing strategies. Be prepared to discuss how you’ve used this knowledge to shape product offerings or make investment decisions in your previous roles. This will show that you can contribute to Avaloq's mission effectively.
✨Embrace the Experimentation Mindset
Avaloq values adaptability and innovation. Share experiences where you've embraced change or iterated on a product based on feedback. Highlight your ability to thrive in ambiguous situations, as this will resonate well with their culture of continuous improvement.
