Vice President, Product Strategy

Posted:
9/10/2024, 5:00:00 PM

Location(s):
Massachusetts, United States ⋅ Boston, Massachusetts, United States

Experience Level(s):
Expert or higher

Field(s):
Business & Strategy ⋅ Product

Workplace Type:
Hybrid

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement, which translates to 2-3 days minimum per week in the office.

The Vice President, Product Strategy (Boston) will play a foundational role in helping chart the growth and development of the products and services we offer to our clients and partners. This is an exciting new role directly involved in the firm’s expansion. The VP Product Strategy will be part of the Strategy, Innovation, and Execution function, which is collectively responsible for building the firm into new areas.

The ideal candidate is someone who is:

  • Restlessly curious, including about the fast-changing evolution of the private equity and broader private markets space
  • Entrepreneurial, strategic, creative, and flexible, with experience developing and launching new investment products or solutions
  • Analytically rigorous, with strong attention to detail and ability to formulate recommendations based on analysis and input from a range of sources
  • Excellent at communicating complex ideas in simple terms, in writing and in person
  • Experienced in working in team environments and managing others, with the ability to lead or facilitate group efforts and to influence colleagues and counterparties using a range of techniques
  • Organized and effective in independently driving initiatives, with the willingness and capability to assume responsibility and ownership of outcomes
  • Focused on having significant impact over both short and long time horizons

What you will do:

The VP Product Strategy will help drive research, analysis, innovation, and planning to define and refine HarbourVest's overall product strategy and to develop specific new products. The role will include:

  • Identifying and integrating internal and external sources of insight as inputs into the product planning process
  • Assessing current and potential attractiveness of potential new products
  • Mapping the competitive landscape for such products
  • Helping manage the central repository of product ideas
  • Contributing to the prioritization of which products to consider in more detail
  • Assessing the positioning and market attractiveness of existing products and proposing modifications as appropriate
  • And other responsibilities, including assisting with adjacent elements of strategy and product launch processes, as required

The role will include close collaboration with leaders of the Strategy, Innovation, and Execution function; ongoing partnership with colleagues across the firm’s strategy, finance, investment, IR, Custom Solutions, Commercial Operations, and Market Data teams; and periodic management of external resources, particularly as an input to Research activities.

What you bring:

  • 5-10 years of professional experience in private equity or asset management; or experience in management consulting focused on private equity
  • Demonstrated excellence in analytical reasoning, creativity, and written communications in team-based settings
  • Familiarity with and interest in the private equity or broader private markets landscape

Education Preferred

  • Bachelors degree or equivalent experience

Experience

  • 5-10 years of experience in professional services or private equity

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