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Senior Product Manager- Cyber Risk Quantification



United States · Remote
Posted on Friday, May 3, 2024

Bitsight is a cyber risk management leader transforming how companies manage exposure, performance, and risk for themselves and their third parties. Companies rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss.
Built on over a decade of technological innovation, its integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance, and data analysis.

  • We invented the cyber ratings industry in 2011
  • Over 3000 customers trust Bitsight
  • Over 750 teammates are dispersed throughout Boston, Raleigh, New York, Lisbon, Singapore, and remote

Cyber Risk Quantification is all about helping customers answer some of the most challenging questions cyber security and risk leaders face today: Where should we allocate our budget against today’s top threats? How do we prove our security investments are paying off? How can we communicate with our board in terms they’ll understand? How can we calibrate cyber insurance to ensure proper coverage if something bad happens?

According to Gartner, by 2025, 50% of cybersecurity leaders will have tried, unsuccessfully, to use cyber risk quantification to drive enterprise decision-making. If you are successful in your role, you will have helped bend the curve by enabling security and risk leaders to leverage reliable, real-world data to optimize critical decisions effectively and communicate more effectively with non-technical stakeholders. As a result of your efforts, you will help Bitsight create a universal understanding of cybersecurity risk and measurably reduce cyber risk around the world.

The right person for this role will be someone who can move fluidly between the business and technology and build relationships that will enable them to work cross-functionally across the organization. If you are someone who enjoys deconstructing high level strategic concepts into actionable solutions and can roll up your sleeves to understand technical requirements, then this is a great role for you.

As a Senior PM for Cyber Risk Quantification, you will have the following responsibilities:

  • Develop and drive product requirements, product strategy, and roadmap for Bitsight’s Risk Insights capabilities, including its Financial Quantification product

  • Participate as a member of the CRQ Methodology Working Group, providing feedback on methodology design and processes, including testing approaches

  • Collaborate closely with Bitsight’s Data Science team in developing CRQ approaches that leverage Bitsight’s data to solve customer problems

  • Product owner through the lifecycle of Bitsight’s Financial Quantification product and other Risk Insights capabilities

  • Perform ongoing analysis of the CRQ market and competitive landscape, interviewing customers and non-customers to understand their needs

  • Serve as the voice of the customer and a subject matter expert on CRQ and Bitsight’s Financial Quantification product for internal groups

  • Create the go to market plan, including customer and industry focus, sales strategy, pricing, and success metrics

  • Drive product awareness and adoption, in collaboration with marketing, sales, and other go to market team members

To do your job well, we expect you to have:

  • 2+ years of demonstrated experience in cyber risk quantification

  • Strong communication and analytical skills, including ability to identify and solve ambiguous problems.

  • Collaborated with Data Science teams to deliver software products.

  • High attention to detail and proven ability to manage multiple, competing priorities simultaneously.

  • 5+ years of Product management experience with focus on software products and services.

  • Interacted regularly with customers and prospects to understand their needs and articulate CRQ product strategy.

  • Strong technical abilities (e.g. SQL, R, Python, data analysis are a plus)

  • Ownership mentality and an entrepreneurial drive, proven ability to influence others.

If we have your attention so far, keep reading about the product management function at Bitsight and a bit of our history.

At Bitsight, the product management team is responsible for ensuring that:

  • Bitsight has a set of products that provide the most value to the market

  • Bitsight’s customers have the industry’s best experience when interacting with its products

Our team, perhaps more than any other at Bitsight, does its work by interfacing and collaborating with a large number of stakeholders inside and outside the company. Our success is dependent on our ability to produce the best work ourselves and to get others to give their best efforts. To get there, we always set and meet ambitious goals, over communicate, and produce the highest quality work that will make our team and company proud. We put the customer first and meticulously prioritize our work such that those items with the highest impact get done the soonest. We always question directions that are given to us and have the willingness to constantly improve what we do.

Diversity. Bitsight is proud to be an equal opportunity employer. This means we do not tolerate discrimination of any kind and are committed to providing equal employment opportunities regardless of your gender identity, race, nationality, religion, sexual orientation, status as a protected veteran, or status as an individual with a disability.

Culture. We put our people first. Bitsight offers best in class benefits. We devote the same energy to nurturing our company's inclusive culture as we apply to serving our customers' needs. Working at Bitsight will give you the opportunity to fulfill your professional goals and expand your skills.

Open-minded. If you got to this point, we hope you’re feeling excited about the job description you just read. Even if you don’t feel that you meet every single requirement, we still encourage you to apply. We’re eager to meet people that believe in Bitsight’s mission and can contribute to our team in a variety of ways.

Additional Information for United States of America Applicants:

Bitsight also provides reasonable accommodations to qualified individuals with disabilities or based on a sincerely held religious belief in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email recruiting@bitsight.com. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications.

Qualified applicants with criminal histories will be considered for employment consistent with applicable law.

This position may be considered a promotional opportunity pursuant to the Colorado Equal Pay for Equal Work Act.

The anticipated hiring base salary range for this position is US$135,000 to $155,000 annually for US-based employees. This range reflects the minimum and maximum target for new hire salaries for the position across all US locations, is based on a full-time work schedule, and is Bitsight’s good faith estimate as of the date of this posting. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.In addition to base salary, this role is eligible for participation in a bonus or commission plan and an equity grant. Bitsight also offers a competitive benefits package, including but not but limited to medical, dental, and vision insurance; paid parental leave; flexible time off; a 401(k) plan with employee and company contribution opportunities; life and disability insurance; and tuition reimbursement.