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        Director, Product Management, Future of Diligence

        Job ID

        101039

        Work area(s)

        Product Management & Innovation

        Team

        Expert Consulting

        Employment type

        Permanent Full-Time

        Location(s)

        Boston | Chicago

        Boston | Chicago

        Apply now
        Apply now

        Description & Requirements

        WHAT MAKES US A GREAT PLACE TO WORK

        We are proud to be consistently recognized as one of the world's best places to work, a champion of diversity and a model of social responsibility. We are a Glassdoor Best Place to Work, and we have maintained a spot in the top four since its founding in 2009. We believe that diversity, inclusion, and collaboration are key to building extraordinary teams. We hire people with exceptional talents, abilities, and potential, then create an environment where you can become the best version of yourself and thrive both professionally and personally.

         

        WHO YOU’LL WORK WITH

        Our team is cross-functional and works in a virtual set-up across time zones in Europe and North America.  As the Director of Product for Future of Diligence you will be responsible for shaping and executing the product strategy.  Leading a cross-functional team of product managers and expert delivery, you will be responsible for driving the product lifecycle while ensuring alignment with Bain business goals, Bain consulting objectives, and customer needs.

         

        Your expertise in B2B SaaS platforms will be crucial in defining and prioritizing features, optimizing user experience, and maintaining a competitive edge in the private equity data market.  You will collaborate closely with senior stakeholders, including Bain consulting partners and third-party vendors in the DD ecosystem to ensure the product evolves with the needs of our Bain team and the market.

         

        Your strategic vision, analytical skills, and deep understanding of the private equity industry and data products will contribute to the growth and success of the Future of Due Diligence in the dynamic and evolving private equity landscape.

         

        RESPONSIBILITIES

        Strategic Leadership

        • Define the overall product vision, aligned with the Future of Due Diligence strategy for multiple solutions within Bain.
        • Collaborate with Bain consulting stakeholders to shape the product and enable them to leverage Future of Diligence tooling in consulting engagements
        • Define and iterate the product and adoption strategy, including ongoing management 
        • Inspire and coach adjacent teams including development, ensuring everyone is aligned and working towards common goals

         

        Product Strategy and Roadmap 

        • Work with the wider product and engineering team to define and negotiate the strategic product roadmap, considering interdependencies and, commercial and client commitments 
        • Own the business case and communicate the ROI for new strategic initiatives
        • Develop a product culture that values collaboration, constant learning, innovation, rapid testing, and iteration
        • Analyze other private equity data applications, and broader B2B data platforms to identify opportunities for collaboration, competitive threats, product improvement opportunities, and differentiators 
        • Engage industry experts and internal SMEs to brainstorm and test new innovative data enhancements, features, and insights
        • Make prioritization decisions with the product team on the roadmap and product backlog
        • Liaise with third-party development partners on strategic goals, resourcing, and roadmap timelines.

         

        Stakeholder Collaboration and Customer Focus

        • Build relationships as a subject matter expert and trusted advisor to Bain consulting partners and senior leaders
        • Stay connected with Bain consulting teams to ensure the product strategy is aligned with client needs and market shifts. 
        • Create and lead the product council comprising of various Bain stakeholders and possibly clients as needed

         

        QUALIFICATIONS AND EXPERIENCE

         

        Required

        • Master’s degree or equivalent with a focus on finance, economics or private markets
        • Strong academic credentials
        • Proven, successful track record in B-2-B software product management (ideally within Business Information Services) or , especially in an agile environment
        • Demonstrable product leadership experience
        • Expertise in projects in a product development context, knowledge of project lifecycles
        • Strong abilities in problem definition and problem solving (both on software development challenges and broader commercial challenges)
        • Excellent oral and written communication skills
        • Ability to work well with diverse stakeholders
        • Ability to discuss technical issues with a non-technical audience
        • Comfort working independently in a fast-paced environment
        • Excellent interpersonal skills, able to interact with senior stakeholders across Bain
        • Passion for digital and innovation, results focused 

        Ability to rapidly absorb and interpret new information

        Preferred

        • MBA or equivalent advanced degree.
        • Formal product management qualification (eg: Certified Scrum Product Owner, SAFe, Agile)
        • Successful track record within strategy, technology or private equity consulting
        • Experience in managing software vendors or third-party development partners
        • Knowledge of private equity

         

        ABOUT US

        Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.

        Across 64 cities in 39 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a gold rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 2% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.

         

        "It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

        U.S. Compensation Information

         Compensation for this role includes base salary, annual discretionary performance bonus, 401(k) plan with an annual employer contribution based on years of service and Bain’s best in class benefits package (details listed below).

        Some local governments in the United States require a good-faith, reasonable salary range to be included in job postings for open roles. The estimated annualized compensation for this role is as follows:

        • In Massachusetts and in Illinois, the good-faith, reasonable annualized full-time salary range for this role is between $191,000 - $230,000. Placement within this range will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level
        • Annual discretionary performance bonus 
        • This role may also be eligible for other elements of discretionary compensation
        • 4.5% 401(k) company contribution, which increases after 3 years of service and is 100% vested upon start date

        Bain & Company's comprehensive benefits and wellness program is designed to help employees achieve personal independence, protection and stability in the areas most important to you and your family.

        • Bain pays 100% individual employee premiums for medical, dental and vision programs, offering one of the most comprehensive medical plans for employees without impacting your paycheck
        • Generous paid time off, including parental leave, sick leave and paid holidays
        • Fully vested 401(k) company contribution
        • Paid Life and Long-Term Disability insurance
        • Annual fitness reimbursements
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