Product Director

The Product Director, AI & New Ventures will own Fastmarkets' AI product agenda and be accountable for identifying, validating and scaling AI-enabled products and capabilities that create meaningful customer value and commercial growth.

Reporting to the Chief Product Officer, the role will operate at the intersection of customer needs, product strategy, commercial opportunity and emerging technology. The individual will lead Fastmarkets' AI initiatives from concept through validation and investment recommendation, applying rigorous customer discovery, market analysis, experimentation and commercial assessment to determine which opportunities should be accelerated, refined or stopped.

The role will operate AI initiatives as venture-style propositions, building evidence-based business cases and supporting executive and Board decision-making on future investment priorities. Success will be measured not by the volume of features launched, but by the identification and validation of commercially meaningful opportunities capable of driving growth and strengthening Fastmarkets' competitive position.

Principal Accountabilities

AI Strategy and Portfolio Ownership

• Own and drive Fastmarkets' AI product agenda.
• Develop and maintain the AI product strategy and roadmap aligned to company priorities.
• Identify opportunities to enhance customer value, expand markets and create new revenue streams through AI.
• Recommend prioritisation and investment decisions to the Executive Team and Board.

Customer Discovery and Opportunity Validation

• Lead structured customer discovery programmes to identify and validate unmet customer needs.
• Translate customer insights into testable opportunities and commercial propositions.
• Run rapid experimentation cycles to assess viability, desirability and feasibility.
• Establish clear evidence thresholds for scaling, pivoting or stopping initiatives.

Commercial Assessment and Business Case Development

• Conduct market assessment, including TAM, SAM and growth opportunity analysis.
• Evaluate competitor positioning, market dynamics and commercial attractiveness.
• Develop business cases covering revenue potential, investment requirements, operating costs and return expectations.
• Build executive-level recommendations to support investment decisions.

Product Incubation and Venture Leadership

• Operate AI initiatives as internal start-ups with clearly defined objectives and success metrics.
• Develop pricing, packaging and commercial models.
• Drive early-stage proposition development and market testing.
• Recommend the most appropriate path forward for each initiative, including scale, partner, acquire or stop.

Cross-Functional Leadership

• Work closely with Product, Technology, Commercial, Content and Marketing teams.
• Influence product architecture and delivery decisions without owning technology delivery.
• Align stakeholders around priorities, investment decisions and execution plans.
• Represent the AI portfolio with senior leadership, Board members and external stakeholders where required.