Head of Product – New Ventures

Tbwa Chiat/Day Inc

We strongly encourage applications from: People of colour, the LGBTQ+ community, people with disabilities, neurodivergent individuals, parents, carers, and people from lower socio-economic backgrounds. If there’s anything we can do to accommodate your specific situation, please let us know.

About Cleo: Most people join Cleo to engage in work that genuinely matters. Every day, we empower individuals to build a future beyond their next paycheck, developing a beloved AI that guides your path toward financial well-being. Supported by prominent investors in the tech industry, we have reached millions, aiding them through all financial milestones, from the first paycheck to homeownership and beyond. Recently, Forbes listed us as one of their Next Billion-Dollar Startups, and we’ve been named the ‘Hottest Tech Scaleup’ at the Europas. Follow us on LinkedIn for the latest on our products and insights from our team.

The Role: As the Head of Product – New Ventures, you will assume strategic leadership of Cleo’s New Bets pillar. This role is pivotal in driving the discovery, validation, and development of innovative product concepts that diversify Cleo’s revenue streams. You will:

• Define the strategic direction for new ventures, aligning with Cleo’s overarching goals.
• Manage and mentor a dynamic team of Product Managers focused on turning new concepts into scalable solutions.
• Hands-on in creating and leading the validation process to decide swiftly on moving forward or shelving new ideas, in close collaboration with Cleo’s leadership.

Key Responsibilities:

• Strategic Leadership of the New Bets Pillar: Collaborate with the Product Director to craft strategies that spawn scalable and impactful product concepts.
• Management of New Bets Product Managers: Build and lead a high-performing team, fostering an environment of creativity and rigorous validation.
• End-to-End Concept Discovery: Oversee the research and validation processes for new ideas, ensuring they meet business model and market fit criteria.
• Facilitate Leadership Alignment: Serve as the primary liaison between the New Bets team and Cleo’s executive leadership.
• Develop and Prioritize the Idea Pipeline: Implement frameworks to nurture a steady flow of high-potential ideas, prioritizing them effectively.
• Handover of Validated Concepts: Ensure a smooth transition of validated concepts to product squads for execution.
• Cross-Functional Collaboration: Engage with various teams to refine and transform early-stage ideas into validated products, accelerating the path from concept to launch.
• Shape Strategic Direction Beyond the Pillar: Identify trends and opportunities that inform Cleo’s strategic roadmap.

Ideal Profile:

• Proven Strategic Leadership: Extensive experience in leading product strategy and teams within dynamic, consumer-focused high-growth tech environments.
• People Management: Demonstrated success in managing other senior product managers, promoting a culture of innovation and accountability.
• Expertise in 0 1 Product Development: Solid history of launching impactful new products within B2C or fintech sectors.
• Stakeholder Management: Skilled in engaging with and gaining buy-in from senior leadership and cross-functional teams.
• Strategic and Commercial Acumen: Keen understanding of market trends, customer needs, and effective business strategies.

What’s the Process Like?

• Step 1: 30-minute video call with our Talent Team.
• Step 2: Discussions with the Hiring Manager and Commercial Team.
• Step 3: Take-home task, presented to our Product Director and VP of Growth.
• Step 4: Final discussions with cross-functional peers.

What do you get for all your hard work?

• A competitive compensation package (base + equity) with reviews every 8 months: Paying between £120-£140k + equity options.
• Work at one of the fastest-growing tech startups, backed by top VC firms like Sofina, Balderton & EQT Ventures.
• A clear progression plan: We want you to keep growing. That means trying new things, leading others, challenging the status quo and owning your impact. Always with our complete support.
• Flexibility: We treat you as humans first, employees second. This means all the usual perks but it also means flexibility. We take pride in being a flexible workplace that trusts our Cleople to deliver their best work, giving you the autonomy to structure your day around morning drop-offs to school or daily dog walks.
• Hybrid-first: Join our hybrid-first team, where we blend the best of both remote and in-office work. We expect our team members to be in our London office 1-2 times a week.
• Other benefits:
  • 25 days annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
  • 6% employer-matched pension in the UK
  • Private Medical Insurance via Vitality, dental cover, and life assurance
  • Enhanced parental leave
  • 1 month paid sabbatical after 4 years at Cleo

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