Product Innovation Strategist

3 weeks ago

Toronto, Ontario, Canada CrimsonLogic Pte Ltd Full time

CrimsonLogic Pte Ltd is seeking a highly skilled Product Innovation Strategist to lead regulatory compliance efforts, manage the product lifecycle, and drive product performance. The ideal candidate will bring a strong blend of technical skills and domain expertise, ensuring our products remain at the forefront of the industry.

Key Responsibilities:

  • Product Development: Lead the development and enhancement of existing and new products, solutions, and features.
  • Revenue Generation: Ensure product relevance and provide SME/presales support to help with achievement of target revenues.
  • Regulatory Compliance Expertise: Prior experience in regulatory compliance is a must.
  • Financial Understanding: Responsible for P&L, Commercial/Billing.

Job Responsibilities & Duties:

1. Product Strategy

Support Product Strategy and Vision: Contribute to the formulation and execution of the Trade Business product strategy for the North American market.

Product Lifecycle Management: Oversee product planning and development throughout its lifecycle, including gathering and prioritizing product and customer requirements, and defining the product vision.

User Stories and Testing: Create detailed user stories based on product specifications and requirements, and lead user test sessions to validate solutions.

Cross-Functional Leadership: Collaborate with UI/UX designers, developers, the business team, and other stakeholders to address identified issues and deliver value to users.

Performance Analysis: Provide comprehensive analysis and management reports on product performance compared to competitors and overall market trends.

Regulatory Compliance Knowledge Base: Compile internal resources to build a regulatory compliance knowledge base and produce documents that educate internal and external stakeholders on compliance matters.

2. Go-to-Market Strategy

Market Research: Identify market opportunities and gaps through research to shape the Trade Business product roadmap.

Competitive Analysis: Conduct competitive scans, financial analysis, and recommend product functions and strategies to maintain market competitiveness.

Performance Monitoring: Track and analyze product performance against key competitors, and initiate planning sessions, strategies, and actions to counteract threats.

Industry Awareness: Stay informed about international developments in trade facilitation.

3. Customer Strategy

User-Centric Solutions: Transform customer pain points and requirements into viable solutions that address their needs.

Feedback Collection: Gather feedback on current products, assess areas for improvement, and recommend enhancements.

Compliance Consultation: Work with attorneys and other professionals on regulatory compliance matters.

4. Financial Strategy

Product Roadmap Development: Create product roadmap that aligns with financial targets, including budgeted revenues, margins, revenue drivers, and market share goals.

This role requires over 7 years of experience in supply chain management, customs compliance, global trade, and logistics, as well as more than 5 years of experience in IT solutions. The ideal candidate should possess excellent verbal and written communication skills, be fluent in English, and have certifications such as Certified Customs Specialist (CCS) and Licensed Broker. A bachelor's degree in supply chain, logistics, business, IT, or a related field is also required.

The estimated salary for this position is around $120,000 - $180,000 per year, depending on qualifications and location.

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