At a Glance
- Tasks: Lead product innovation and strategy for impactful digital solutions in banking and consultancy.
- Company: Join Thoughtworks, a leader in digital transformation with a collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities to shape the future of product management.
- Other info: Dynamic environment with opportunities for growth and learning in a fast-paced industry.
- Why this job: Make a real impact by driving innovation and enhancing customer experiences with cutting-edge technology.
- Qualifications: 10+ years in product leadership, strong consultative selling skills, and fluency in AI applications.
The predicted salary is between 63000 - 77000 £ per year.
Thoughtworks partners with clients to build impactful digital products which deliver extraordinary customer experiences. We do this by integrating design, strategy and technology. We’re looking for a seasoned product leader, with experience in identifying, launching and scaling new products and product portfolio, with experience in Consultancy and Banking to join the Customer Experience, Product and Design (CXPD) service line.
Job responsibilities
- As a trusted advisor to our client’s leadership, you will partner with them to understand their context and needs, make recommendations, and provide advice and hands‑on expertise in building new products or reimagining existing products end to end.
- Drive the innovation mindset across the overall product development lifecycle, utilising lean and hypothesis driven approaches and provide leadership on establishing an effective product operating model.
- Establish the market & competitive landscape, go to market strategy and business case or economic model for the opportunity with our clients.
- Lead the stakeholders to think about customer’s problems, business outcomes and take them on the change journey of moving to empowered product teams that create strategic growth for the organisation.
- Lead large, complex programmes across multiple workstreams and stakeholder groups, owning strategy, roadmap, scope and outcomes end to end.
- Apply a consultative selling approach in pre-sales, creating proposals and pitches, shaping engagements for clients and helping to educate both clients and colleagues about the value of our services.
- Help shape CXPD service line value propositions, creating case studies, points of view and other content through insights on client needs and solutions, and also through defining repeatable practices which will help us to scale our efforts.
- Champion the future of product development, with lean squads, fast paced iterations and actively building the next generation ways of working.
- Advise clients on where and how AI can meaningfully accelerate or enhance the product development lifecycle; from research and discovery through to delivery and measurement.
- Own or contribute to account growth targets, identifying opportunities to expand existing client relationships into new engagements and revenue streams.
Job qualifications
- 10+ years of product leadership experience in building and launching products and establishing high performing product organisations.
- Demonstrated track record leading large-scale, complex programmes and senior stakeholder groups.
- Experience in commercial and economic modelling, including monetisation strategy.
- Experience in bringing an innovation mindset into an organisation at scale and creating sustained innovation investment across strategic horizons.
- Depth in conducting research and bringing market trends, customer and competitive insights to facilitate strategic ideation to identify opportunities for strategic growth.
- Depth and expertise in developing value proposition, using lean approaches to test viability, feasibility and desirability to achieve problem-solution and product-market fit before scaling.
- Operate at company, portfolio and product level - defining and executing a strategy, shaping a vision and translating it into a roadmap with clear business and customer value-based measures of success.
- Advise clients on becoming a value-driven, customer-centric product organisation and drive the change by introducing best practices in product management, value delivery and measurement and making innovation mainstream.
- Fluency in AI and its practical application across the product development lifecycle - comfortable evaluating, piloting and advising on AI-enabled tools and approaches for research, discovery, delivery and measurement.
Professional Skills
- Skilled at operating and building relationships with C-suite executives and confident in driving conversations at the intersection of technology and business.
- Experience with consultative selling - diagnosing client needs, co-creating solutions, and building trusted-advisor relationships that convert into engagements, rather than a transactional sales approach.
- Ability to formulate and deliver insights around complex business problems in a thoughtful and persuasive manner.
- Strong interpersonal skills - active listening, persuading and empathising with others and excellent written and verbal communication.
- Passionate about being a visible external voice for the practice - speaking at conferences, contributing to industry panels or publications.
- Product builder and advisor mindset, with strong lean to work with multidisciplinary teams.
- Brings a curious, open mindset to challenging established ways of working, and is energised by reimagining the product development lifecycle for a faster‑paced, AI-enabled era - treating new tools and methods as opportunities to experiment rather than risks to manage.
Other things to know
Learning & Development
Principal Product Manager (Consulting & Banking) employer: ThoughtWorks
Thoughtworks is an exceptional employer that fosters a dynamic and inclusive work culture, empowering employees to thrive in their careers. With a strong focus on professional development, you will have access to numerous growth opportunities and interactive tools that support your journey. Working remotely across Germany, the Netherlands, and Switzerland, you'll be part of a collaborative team dedicated to driving impactful solutions in the tech industry.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Product Manager (Consulting & Banking)
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Principal Product Manager (Consulting & Banking) at ThoughtWorks!
✨Tip Number 2: Leverage Alumni Networks
Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like ThoughtWorks or be willing to refer you for that Principal Product Manager (Consulting & Banking) position!
✨Tip Number 3: Attend Industry Events and Conferences
Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from ThoughtWorks who’s on the lookout for their next Principal Product Manager (Consulting & Banking) star!
✨Tip Number 4: Polish Your Consulting Skills Online
Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Principal Product Manager (Consulting & Banking) role at ThoughtWorks!
We think you need these skills to ace Principal Product Manager (Consulting & Banking)
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at ThoughtWorks. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at ThoughtWorks
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
✨Know Your Numbers
Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at ThoughtWorks. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!