Banyan Software · 1 day ago
Vice President of Product Development
United States
Full-time
Remote
Director/Executive
$160K/yr - $160K/yr
10+ years exp
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Hiring Manager
Madhushree Lakkundi
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Responsibilities
Develop and articulate a clear product vision that supports SoftSmiths’ long-term growth and positions us as a leader in energy transaction management and ETRM.
Drive the product roadmap and prioritize features that align with the needs of energy trading, risk management, utilities, and new renewable market entrants.
Collaborate with the CEO and CTO to establish and refine Ideal Customer Profiles (ICPs) to target segments that align with the evolving product strategy and market opportunities.
Initially operate as a standalone Product leader, taking full ownership of product direction and decision-making.
As SoftSmiths grows, recruit, mentor, and lead a high-performing Product team, fostering a culture of collaboration, customer focus, and innovative thinking.
Establish and promote product management best practices, processes, and metrics to ensure alignment with company goals.
Maintain a deep understanding of the needs and challenges of SoftSmiths’ existing customers and ensure these are addressed through continuous product improvements.
Engage directly with key customers to gather feedback and identify opportunities to enhance their experience, maximize value, and reduce friction in their operations.
Ensure that product updates and new features align with the needs of both new prospects and existing clientele, enhancing satisfaction and loyalty.
Stay informed about ETRM systems, energy industry trends, regulatory changes, and emerging technologies, including renewable energy and energy storage solutions.
Develop deep customer empathy and utilize market feedback to guide product enhancements and new module development.
Work closely with the VP Technology to align product development with technical innovation and scalability.
Collaborate with Marketing, Sales, and Customer Success teams to support product launches, sales enablement, and customer satisfaction.
Serve as the voice of the customer within the organization, ensuring our products solve real customer challenges effectively.
Define detailed product requirements and use cases for new features, ensuring clarity for the development team.
Oversee the full product lifecycle, from ideation to release, to ensure timely delivery and product-market fit.
Foster a strong integration strategy, leveraging SoftSmiths’ APIs for seamless data integration and industry compliance.
Spearhead innovation initiatives to incorporate advanced features like automation, AI-driven forecasting, and enhanced data analytics.
Lead efforts to develop new offerings in areas such as Energy Trading and Risk Management (ETRM), Renewable Energy Credits (RECs) management, decentralized energy resources, and energy storage systems.
Qualification
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Required
Minimum of 10 years of product management experience, with at least 5 years in the energy sector (power or natural gas).
Experience with ETRM systems (Energy Trading and Risk Management) is required.
Proven track record in leading product strategy and managing the product lifecycle in a SaaS environment, with a focus on energy trading, risk management, and renewable energy.
Strong understanding of software development practices, system architecture, and how technology drives business outcomes, particularly in ETRM systems.
Demonstrated ability to gather customer insights and translate them into successful product features that solve key industry challenges.
Excellent communication skills with the ability to work cross-functionally and effectively communicate with technical and non-technical stakeholders.
Ability to analyze complex data sets, extract key insights, and use these insights to influence product decisions.
Preferred
Hands-on experience in ETRM systems, with strong familiarity in trading, risk management, load forecasting, and settlement.
Experience in markets like ERCOT, PJM, CAISO, and other ISO/RTO markets.
Understanding of the regulatory landscape around renewable energy credits, distributed energy, and energy storage.
Experience working with modern product management tools and methodologies (e.g., Agile, Kanban).
Company
Banyan Software
Banyan Software is a company focused on acquiring, building, and growing great enterprise software businesses.
1,001-5,000 employees
Funding
Current Stage
Late StageTotal Funding
$0.02M2023-01-27Debt Financing· $0.02M
Leadership Team
David Berkal
CEO
Recent News
2024-05-05
Finance Magnates
2024-05-05
Company data provided by crunchbase
