What are the responsibilities and job description for the Product Analyst position at CoStrategix LTD?
We are seeking a dynamic and experienced Product Analyst to lead the development and growth of our data products.
Position Summary:
As a Product Analyst, your role will become the vital link between our clients’ business objectives and innovative opportunities for solving human problems to drive value and delight. In this role, you will be responsible for helping to define and execute the product strategy, collaborating with cross-functional teams, and ensuring that our data products meet the evolving needs of our customers. In return, you will receive the benefits of the opportunity to work with cutting-edge technologies and innovative products in a collaborative and dynamic work environment, where you can experience career growth and development opportunities.
Key Responsibilities:
Product Vision and Strategy:
- Develop and articulate a clear product vision and go-to-market strategy for our data products.
- Conduct market research and competitive analysis to identify opportunities and threats in the data observability space.
- Define the product roadmap and prioritize features based on business value and customer feedback.
Stakeholder Management:
- Collaborate with internal and external stakeholders, including business units, clients, and vendors, to gather and prioritize requirements.
- Serve as the primary point of contact for all product-related inquiries.
- Foster strong relationships with key stakeholders to ensure alignment and support for product initiatives.
Product Development:
- Translate user, market, and sales feedback into detailed user stories and design prototypes.
- Work closely with business analysts, technical architects, and development teams to assess and select appropriate technologies.
- Ensure timely and high-quality delivery of product features through collaboration with cross-functional teams.
Product Marketing:
- Scan the competitive landscape and develop a feedback process into product management
- Create compelling product positioning, messaging, and collateral to support sales and marketing efforts.
- Participate in sales enablement activities, including training and supporting sales teams.
Customer Engagement:
- Consult with clients on business and technology dimensions, translating between them as needed.
- Act as a champion for the customer, ensuring their needs and feedback are central to product decisions.
- Develop and deliver training programs and support materials for clients and internal teams.
Operational Excellence:
- Oversee the product lifecycle from ideation to launch and post-launch activities.
- Implement data governance practices to maintain data quality and integrity.
- Develop and monitor key performance indicators (KPIs) to measure product success.
- Manage the product budget, ensuring efficient resource allocation.
Continuous Improvement:
- Drive innovation and continuous improvement in product features and processes.
- Identify potential risks related to the product and develop mitigation strategies.
- Regularly report on product performance, providing insights and recommendations for improvements.
Regulatory and Compliance:
- Ensure the product meets regulatory and compliance requirements.
- Coordinate with QA teams to conduct rigorous testing and validation.
Education and Experience
- Bachelor’s degree in Business, Information Technology, Computer Science, Engineering, Data Science or related field. Master’s preferred.
- Minimum 4 years of experience in product management and business analysis.
- Experience with data management platforms, databases, SQL, and ETL processes.
- Proven track record of managing successful IT products from conception to launch.
- Familiarity with agile development methodologies and tools.
Qualifications
- Strong understanding of data governance, data quality, and data analytics.
- Excellent communication, presentation, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Ability to work effectively in a fast-paced, collaborative environment.
- Demonstrated competency in working with cross-functional teams, and effective team-management skills.
- Excellent communication and interpersonal skills, with the ability to translate complex technical concepts into business language.
- Strong analytical and problem-solving skills with a data-driven approach to decision-making.
- Ability to manage multiple projects and priorities simultaneously.
