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Product Transformation Vice President

FanDuel

FanDuel

Product
New York, NY, USA
Posted on Monday, March 25, 2024

ABOUT FANDUEL

FanDuel Group (“FanDuel") is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in the United States, FanDuel consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media.

FanDuel has a presence across all 50 states with approximately 17 million customers and 28 retail locations. FanDuel is based in New York with offices in New Jersey , Georgia, California, Oregon, Canada and Scotland.

Its networks FanDuel TV and FanDuel+ are broadly distributed on linear cable television and through its relationships with leading direct-to-consumer over-the-top platforms.

FanDuel Group is a subsidiary of Flutter Entertainment plc, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and traded on the New York Stock Exchange (NYSE: FLUT).

THE ROSTER

At FanDuel, we give fans a new and innovative way to interact with their favorite games, sports and teams. We’re dedicated to building a winning team and we pride ourselves on being able to make every moment mean more, especially when it comes to your career. So, what does “winning” look like at FanDuel? It’s recognition for your hard-earned results, a culture that brings out your best work—and a roster full of talented coworkers. Make no mistake, we are here to win, but we believe in winning right. That means we’ll never compromise when it comes to looking out for our teammates. From creatives professionals to cutting edge technology innovators, FanDuel offers a wide range of career opportunities, best in class benefits, and the tools to explore and grow into your best selves. At FanDuel, our principle of “We Are One Team” runs through all our offices across the globe, and you can expect to be a part of an exciting company with many opportunities to grow and be successful.

THE POSITION
Our roster has an opening with your name on it

FanDuel is looking for a Vice President of Product Transformation to lead on and embed a professional culture of innovation within our teams and to diligence existing and emerging betting product battlegrounds to ensure that FanDuel is at the forefront of innovation in sports betting. This is a newly created role & team that will work closely with existing product, design, research, analytics, technology, trading & sports modeling teams. We’re looking for a visionary leader who can inspire cross functional teams to deliver prototypes / MVPs to drive step change improvements and distinctive experiences in customer choice, flexibility, ease of use & loyalty. If you’re a strong people and thought leader that is interested in projects that have the potential to disrupt the sports betting industry and create long-term competitive advantage for FanDuel, this may be the role for you.

THE GAME PLAN
Everyone on our team has a part to play

People Management & Leadership

  • Establish and oversee a high-performing FanDuel Product Transformation team; managing a small team (10) of specialists in product strategy, management, analytics & experimentation
  • Clearly defined roles, objective performance management, talent development and engagement
  • Provide a clearly articulated vision for product transformation at FanDuel and develop strategies that are well aligned to long term business goals
  • Collaborate with department leaders to embed a professional culture of fearless innovation, learning and experimentation within our sportsbook product & pricing teams (300 people) and our technology partners
  • Set a standard and culture of excellence in product analytics and experimentation without peer in the global sports betting industry
  • Executive and key stakeholder education and management; ensuring crystal clear understanding of, and alignment on, strategies and philosophies. Drive beneficial and pragmatic collaborations to realize our biggest opportunities

Thought Leadership

  • Along with your team:
    • Lead people and cross functional teams to deeply research and explore opportunities in complex and emerging technologies and how they might be best employed by FanDuel to deliver customer & commercial outcomes
    • Structure and lead cross-functional teams to deliver prototypes / MVPs on complex & emerging opportunities and technologies such as loyalty, social betting, AI and creatively improving choice, flexibility and ease of use
  • Thought leadership in identifying entirely new opportunities and avenues for delivering customer and commercial outcomes
  • Simplify complex concepts. Articulate your thoughts clearly and with impact to influence, align and inspire
  • Develop and embed deep knowledge of and relationships with the supplier/partner landscape to facilitate knowledge share and inform potential strategic partnerships or business development opportunities
  • >20% of 2026 revenue from new features or products where strategy originated in product transformation team​

Product Strategy

  • Thought leadership in optimizing team structures and ways of working to encourage a culture of collaboration, ideation & innovation
  • Manage Director Product Strategy & Innovation. Through them ensure that we:
    • Diligence product battlegrounds and shape existing strategies in partnership with VP Sportsbook Product & their LT to optimize resource allocation for the ~550 employees working on sportsbook product & technology
    • Collaborate with Sportsbook Product & Technology teams and other key partners to operationalize development and delivery of big bet innovations
    • Clearly defined posture on notable areas/initiatives we're consciously not pursuing​
    • Establish, monitor & report on KPIs
  • Lead, support or represent the Sportsbook Product & Pricing team on general biz dev / strategy / executive initiatives​

THE STATS
What we're looking for in our next teammate

  • Bachelors degree preferred
  • Minimum of 10 years of product management or related experience/discipline
  • At least 7 years of experience leading and managing a team
  • Strong people leader focus with demonstrable experience in driving cultural change
  • Demonstrable experience in delivering transformational product innovation in your industry
  • Exceptional communicator and influencer
  • Excellent organizer and collaborator
  • Commercially savvy with a strategic mindset
  • Ability to take broad direction, use initiative, and translate to well-researched, actionable output
  • Knowledge of sports betting domain preferred but not essential

PLAYER BENEFITS
We treat our team right

From our many opportunities for professional development to our generous insurance and paid leave policies, we’re committed to making sure our employees get as much out of FanDuel as we ask them to give. Competitive compensation is just the beginning. As part of our team, you can expect:

  • An exciting and fun environment committed to driving real growth
  • Opportunities to build really cool products that fans love
  • Mentorship and professional development resources to help you refine your game
  • Be well, save well and live well - with FanDuel Total Rewards your benefits are one highlight reel after another

FanDuel is an equal opportunities employer and we believe, as one of our principal states, “We Are One Team!” We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, Veteran status, or another other characteristic protected by state, local or federal law. We believe FanDuel is strongest and best able to compete if all employees feel valued, respected, and included. We want our team to include diverse individuals because diversity of thought, diversity of perspectives, and diversity of experiences leads to better performance. Having a diverse and inclusive workforce is a core value that we believe makes FanDuel stronger and more competitive as One Team!

The applicable salary range for this position is $220,000 - $285,000 which is dependent on a variety of factors including relevant experience, location, business needs and market demand. This role may offer the following benefits: medical, vision, and dental insurance; life insurance; disability insurance; a 401(k) matching program; among other employee benefits. This role may also be eligible for short-term or long-term incentive compensation, including, but not limited to, cash bonuses and stock program participation. This role includes paid personal time off and 14 paid company holidays. FanDuel offers paid sick time in accordance with all applicable state and federal laws.

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