VP Product

| Chicago
[email protected] with Job Title/Built In in the subject line.
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Who We Are

Ascent is a Chicago-based startup that closed its Series B funding round of $19.3M in Fall 2019. Founded only four years ago, the team has since grown to almost 50 full time employees, led and supported by an executive team and board of directors with extensive experience in technology, regulatory compliance, sales and business operations. Ascent serves global financial institutions such as ING and CommBank, and is also working directly with regulators around the world in order to continually improve and advance our product.

A first mover in building proprietary RegulationAI™, Ascent delivers market leading regulatory knowledge as a groundbreaking new way for financial firms to manage compliance. It is our mission to help our customers protect their business from regulatory and reputational risk while reducing their overall cost to comply. 

We prioritize diversity, equity, and inclusion and believe strongly that a team with different backgrounds and perspectives produces better results. Together, we are solving a $64 billion global problem in regulatory compliance. Watch this video to learn more about what we do.

Ascent is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Who You Are

We are seeking a game-changing product leader to grow our product function to the next level. You are a forward thinker who is obsessive about discovering market and customer needs, defining innovative products, and driving those products to significant commercial success. Most of all, you are a builder and a problem solver at heart, and you seek to develop thoughtful solutions that will delight our customers. As the VP of Product at Ascent, you will be a key decision maker and leader in guiding the direction of the company from day one.

About this Position

The VP, Product is responsible for the product strategy, discovery, definition, roadmap, design and delivery of Ascent product platform. Ascent product platform consists of 

  • Regulatory Knowledge – Knowledge-as-a-Product 
  • Customer Products that deliver this Knowledge, including: (a) SaaS platform, (b) API solution, and (c) other customer facing solutions.

This is a high impact leadership role at an exciting time at Ascent to take our products to the next level of maturity and realize significant market opportunities. You will be leading a centralized Product function to support a platform-wide strategy. You have a passion for, and significant track record in, defining and bringing successful products into the market, and have a desire to work on the cutting edge. You are an excellent high-energy communicator who is actively engaged with our customers and internal stakeholders to drive market leading product experiences and align internal functions towards implementation of those solutions for profitability and market success. You will lead a high impact team of product leaders, analysts, and designers to develop the strategy, roadmaps, product design and specifications, and marketing plans that satisfy the evolving business needs and requirements of our customers. Your objectives will be directly linked to business metrics such as revenue and customer satisfaction.

Responsibilities

  • Lead the discovery and strategy for Ascent’s complete Product Platform (Knowledge as a Service, SaaS Platform, API, services, etc.)
  • Lead product discussions with customers discovering requirements and aspirations for RegTech solutions in the global banks and financial enterprises  – lead with empathy for our customers delivering compelling customer experiences that drives retention and business growth
  • Develop and maintain product strategy, owning compelling value propositions across our customer segments. Own insights on the markets and segments in which Ascent competes in order to stay abreast of industry trends and channels to anticipate customer needs.
  • Ongoing competitive analysis and customer value analysis refining strategy and quarterly roadmaps
  • Own the product roadmaps and specifications, create product catalogues with standard offerings, including specifications around each of the components of Ascent’s product.
  • Coordinate requirements and feedback from internal teams, including customer support, customer success, and sales/marketing
  • Drive the vision and requirements, translate them to functional specifications, facilitate a sound design and deliver a compelling user experience and leading product offering
  • Evaluate and prioritize requirements in partnership with the business, leveraging industry best practices and new innovations. 
  • Own product design for all customer facing solutions for differentiated product experience for target persona – relentlessly pursue continuous improvement of design and product experience
  • Lead the team in defining and implementing product KPIs, customer satisfaction / NPS scores – driving strategic efforts to continuously improving product KPIs
  • Lead the cross functional team to facilitate requirements definition across teams to decompose and document releases, epics, functional requirements to developer-ready user stories and acceptance criteria
  • Lead product marketing strategies and align with business wide marketing strategies
  • Manage and grow the product team 

Required Knowledge and Skills:

  •  MBA or equivalent work experience with business and analytical skills preferred
  • Deep SaaS product management experience having grown a product to significant revenue realization – B2B enterprise customer delivery experience is essential
  • Extensive technology product management experience including product management tools and methodologies using agile methodology
  • Product management experience for Data as a Product, or experience in a data rich industry a strong plus
  • Experience in RegTech, FinTech, or Financial Industry a plus
  • Experience working with enterprise software & APIs
  • Experience leading and influencing cross-functional groups
  • Customer obsession – Strong sense of design and empathy for the users
  • Ability to demonstrate thought leadership in product, design, strategy, product marketing
  • Attention to detail and ability to facilitate cross functional team discussions/workshops
  • Ability to coordinate big picture strategy development and tactical execution
  • Self-driven, ability to thrive in fast-paced, high-growth, uncertain situations
  • Experience in managing a team, recruiting and growing a product function
  • Strong written and verbal communication skills

Benefits

Ascent employees enjoy many benefits and perks, including:

  • Competitive compensation
  • Medical, dental, vision, mental health insurance – with individual premiums 99% paid by Ascent
  • 401K offered
  • Commuter benefits
  • Unlimited PTO and Bank Holidays
  • Flexible work schedule
  • Professional development stipend
  • The opportunity to work with smart people on challenging problems!
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Technology we use

  • Engineering
    • JavascriptLanguages
    • PythonLanguages
    • RubyLanguages
    • jQueryLibraries
    • ReactLibraries
    • Twitter BootstrapLibraries
    • DjangoFrameworks
    • FlaskFrameworks
    • Ruby on RailsFrameworks
    • MongoDBDatabases
    • Neo4jDatabases
    • PostgreSQLDatabases
    • RedisDatabases

Location

Our office is convenient to all loop trains and many buses, and the Pedway! We have a great selection of healthy lunch options nearby.

An Insider's view of Ascent

What are some social events your company does?

Our leadership really believes in building and strengthening our community here at Ascent. We've had a day-long company outing to a baseball game. We have monthly team lunches, which are a good way to connect with colleagues over food. We also have movie outings and happy hours that we all enjoy together!

Shubhangi

Regulatory Intelligence Analyst

What's the biggest problem your team is solving?

My team coordinates work that needs to be done by both people and machines. We do this by creating delightful interfaces/experiences for our users and by augmenting our workflows with machine learning to produce work that’s intuitive and efficient. This means my team gets to play with fun tech from the frontend all the way to the back.

Conrad

Senior Software Engineer

What makes someone successful on your team?

Prior to joining Ascent, I used to believe "brilliance is evenly distributed but opportunity is not". Here at Ascent, irrespective of your gender, race or color, the opportunity to impact and change the world around you is evenly distributed and all anyone would require to succeed is the passion and desire to solve problems.

Sunkanmi

Software Developer

How do your team's ideas influence the company's direction?

Our job as a leadership team is to provide context, not solutions. The people working directly on a project are in the best position to make decisions, so we hire smart people and then trust them. We're here to support our teams and to make sure efforts are aligned across the company.

Chris

CTO

How does the company support your career growth?

I started in Customer Success, but an opportunity arose for me to officially pursue the role of Product Manager for our Customer Application. I received support for this pivot across the management team and from my peers. It was such a refreshing feeling to have people who believed in my ability to support such an essential role in the company.

Sura

Product Manager

What are Ascent Perks + Benefits

Ascent Benefits Overview

Everyone brings a unique set of skills and talents, and we want to take advantage of everything you have to offer. We also want to make sure you get as much out of this opportunity as you put in, and we’ll give you the support you need for Ascent to be a transformational period of growth in your career.
Our team enjoys a number of benefits and perks, including:

— Competitive compensation
— Medical, dental, vision, mental health insurance – with individual premiums 99% paid by Ascent
401K offered
— Commuter benefits
— Unlimited PTO and Bank Holidays
— Flexible work schedule
— Professional development stipend
— The opportunity to work with smart people on challenging problems!

Culture
Friends outside of work
Eat lunch together
Open door policy
Team owned deliverables
Team based strategic planning
Pair programming
Open office floor plan
Diversity
Highly diverse management team
Mean gender pay gap below 10%
Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Multiple plan options with Blue Cross Blue Shield, as well an HSA (Heath Savings Account).
Wellness Programs
Onsite Gym
There is an on-site gym in Prudential Plaza which is free to employees.
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Flexible Work Schedule
Ascent offers a completely flexible scheduling and work from home policy.
Remote Work Program
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Sabbatical
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Happy Hours
Professional Development Benefits
Job Training & Conferences
Ascent offers a generous professional development stipend per year.
Promote from within

Additional Perks + Benefits

We want to create an environment where people can do their best work. That means supporting our employees in their careers, in their health, and in their lives. We're always looking for (stage-appropriate/responsible) ways to concretely demonstrate these values. For example, we pay 100% of our employees' health premiums!

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