Chief Product Officer for Search and AI Initiatives

3 weeks ago

London, Greater London, United Kingdom ATG (Auction Technology Group) Full time

About Us

ATG is at the forefront of transforming the global auction landscape, a multi-billion-dollar industry. Over the past seven years, we have experienced remarkable growth, increasing our revenue from approximately $18 million to over $170 million, alongside profits soaring from $3 million to more than $80 million. Following our IPO in 2021, we have continued to thrive, navigating both the challenges of the Covid era and the subsequent recovery. Our mission is to establish a significant global internet presence that is revolutionizing one of the last industries to transition online.

Our Operations

We connect a multitude of auction houses, facilitating the sale of millions of items valued at over $15 billion annually, to buyers across more than 170 countries. Our platform generates over 100 million bids each year, empowering sellers to maximize the value of their goods. From historical artifacts to modern machinery, fine art to classic automobiles, we enable auctioneers to reach a vast audience through our eight innovative marketplaces. Our technology enhances efficiency for auctioneers, enabling small businesses to grow by accessing a global pool of bidders, while providing buyers with a diverse selection of unique items. Our commitment to ethical practices and sustainable commerce is a core value that resonates with our employees.

Current Status

ATG has successfully achieved a 'first mover advantage' in the sectors we operate within, benefiting from significant network effects. As we attracted more sellers, we simultaneously drew in more buyers, creating a mutually beneficial ecosystem that has been essential to our profitable growth.

We have outlined a strategic vision comprising three key phases to lead the transformation of the auction industry. The initial phase focused on building a robust foundation of marketplaces and technologies, allowing us to leverage network effects and distinguish ourselves from competitors. We are currently in the second phase, which involves enhancing our eCommerce capabilities by improving user interface and experience, investing in search and discovery functionalities, and expanding payment and shipping options. Our objective is to maximize the quality of bidders.

Position Overview

We are seeking a talented individual to join our team as the Head of Product for Search and AI. This role will be pivotal in shaping the vision, strategy, and execution of our Search and AI initiatives across our marketplaces. The position is hybrid, with opportunities for collaboration in our London office and travel to other locations as needed.

This role will report directly to the Chief Product Officer (CPO) and will be instrumental in developing and implementing strategies for one of ATG's most critical areas.

Candidate Profile

The ideal candidate will thrive in a dynamic environment, demonstrating a passion for leadership and team motivation. They should possess a strong commercial acumen, intellectual curiosity, and the ability to communicate effectively with various stakeholders, from executives to product managers. A focus on data-driven decision-making and alignment with strategic goals is essential.

We are looking for a driven leader with a track record of innovation and the ability to articulate meaningful milestones. The candidate should take ownership of the roadmap, providing insights into our merchandise and optimizing search, discovery, and recommendations for our marketplace participants. Experience in developing products from inception to launch is advantageous.

What We Offer

We believe that our unique culture and environment will resonate with those who have achieved success in their careers. ATG offers the resources to support our strategic initiatives while maintaining a close-knit atmosphere where individual contributions are recognized. As a company that has recently gone public, we are still in the early stages of our journey, allowing you to play a significant role in shaping our future. Our commitment to fostering a positive culture is reflected in our high employee satisfaction scores. As we grow, so will your personal brand equity, and you will have the opportunity to share in our collective success as every employee is a shareholder.

Key Responsibilities

  • Define and own the vision, strategy, and roadmap for Search, Taxonomy, and AI investments.
  • Analyze market trends and identify necessary technology and skill investments to leverage AI and machine learning for enhanced customer value.
  • Drive experimentation to increase bids per bidder and improve search success across our marketplaces.
  • Establish goals and KPIs that align with both short-term and long-term revenue objectives.
  • Instill a results-oriented mindset within the Product team, focusing on impactful solutions for our customers.
  • Maintain a comprehensive understanding of customer behaviors, competitive landscape, and technology trends to inform strategic decisions.
  • Identify new investment opportunities and product initiatives.
  • Collaborate across the organization, engaging with product teams, marketing, sales, finance, legal, and executive leadership.
  • Proactively address challenges and facilitate cross-team collaboration to overcome obstacles.
  • Champion product initiatives from conception through implementation, including strategy development, feature elaboration, and release planning.
  • Foster a culture of rapid experimentation, learning, and data-driven decision-making.
  • Recruit, mentor, and develop exceptional talent within the product management teams.

Qualifications

  • 10+ years of business experience, with exposure to both startups and mid to large-scale companies.
  • Extensive experience in delivering AI services, machine learning platforms, and generative AI products.
  • Strong understanding of two-sided marketplaces.
  • Proven experience in leading and managing product teams.
  • Ability to engage with senior executives and present data-driven arguments.
  • Practical knowledge of eCommerce and search platforms.
  • Experience with ROI-driven prioritization.
  • Excellent communication and organizational skills, with a keen attention to detail.
  • Ability to provide clear direction and set measurable goals based on industry trends.
  • Persuasive communicator, capable of simplifying complex concepts for diverse stakeholders.
  • Good listener, valuing input from various perspectives.
  • Able to inspire and motivate team members and stakeholders.
  • Innovative thinker, pushing beyond conventional boundaries.
  • Analytical problem-solver, prioritizing effectively.
  • Continuous improvement mindset, always seeking better solutions.
  • Willingness to engage with customers as needed.
  • Flexible and open-minded, actively seeking feedback.
  • Entrepreneurial spirit, thriving in a fast-paced environment.

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