Summary
Penny is hiring a Senior Product Manager in Manama to lead its marketplaces and communities initiatives. The role owns the supplier-facing platform and marketplace offering, with responsibilities including product strategy, supplier acquisition and engagement, marketplace adoption, and tracking metrics such as GTV and buyer satisfaction. The manager will work with engineering, design, leadership, and operating partners to improve sourcing and bidding. Applicants should have 7+ years of product management experience, including 2 years with SaaS marketplaces or two-sided platforms; English is required and Arabic is a plus.
The posting
As published on penny.co. Pulled from the employer's site and shown as they wrote it.
We want to make procurement better by building the ultimate procurement and sourcing platform. We plan on becoming the go-to solution for procurement departments everywhere. Our source-to-pay platform lets organizations around the world find suppliers, issue tenders, and receive responses faster, cheaper, and more efficiently than ever before.
As part of growing our tech function, we’re hiring a Senior Product Manager to lead our marketplaces and communities initiatives, which is a key growth driver for Penny. This is a high-impact role that will shape the future of procurement in the region by building products that connect buyers and suppliers in novel ways. Our marketplaces and communities solution supports vendors and buyers by facilitating discovery, transactions, revenue growth, and cost savings and is being built to service billions of dollars of transaction value per year.
What you’ll do
As Senior Product Manager for marketplaces & communities, you'll own the success of Penny's supplier-facing platform, enabling thousands of suppliers to discover opportunities, respond to tenders, and grow their business. You will also be responsible for the marketplace offering, ensuring buyers on the marketplace can source faster, cheaper from a high-trust marketplace. Your work will directly impact the success of both suppliers and buyers on our platform.
We recognize that product managers lead in different ways, we’re looking for someone who can:
- Deliver and Execute: develop and execute the product strategy for Penny's supplier platform, focusing on supplier acquisition, engagement, and success
- Quality Growth: Drive rapid growth in marketplace adoption, particularly in the construction and contracting sectors, and identify opportunities for further growth and expansion
- People Leadership: Define and track key marketplace metrics, including GTV, supplier response rates, and buyer satisfaction
- Collaborate: Partner with engineering and design to build features that make sourcing and bidding more efficient
- Stakeholder Relationships: Build strong stakeholder relationships with other teams at Penny, as well as our marketplace operating partners to deliver customer value
- Organizational-Wide Impact: Collaborate with leadership to shape Penny's overall product strategy
Role Requirements: What you need to succeed
- 7+ years of product management experience, with 2 years of proven success in SaaS marketplace or two-sided platforms
- Strong analytical skills and comfort with marketplace metrics and economics
- Excellent stakeholder management and communication skills, with the ability to influence cross-functional stakeholders and third party partners
- Strong track record of shipping features that drive measurable business impact
Nice to have:
- Experience at a fast-growing startup
- Experience building SaaS products for enterprise customers
- Experience in procurement, supply chain, or enterprise software
- Excellent written and verbal communication skills in English; Arabic is a plus
- Knowledge of the Saudi or wider GCC market, especially in contracting, construction or pharmaceuticals
About us
Our values:
↗️ Simplicity first
We remove complexity from bureaucracy. We automate first, manual second. We are efficient, highly organised and effective collaborators. We’re easy to work with, easy to use and easy to join. We’re minimalist in design and concise in how we speak.
📈 Chase excellence
We strive for perfection but we know we will never reach it. We build. We value giving and receiving feedback. We never sit still. We’re always learning. We know excellence today is not excellence tomorrow.
⚖️ Always fair
We are open and honest. We don’t carry bias. We proactively create a level playing field. We’re diverse, we’re equal, we’re respectful. We are humble and active listeners.
🐪 Take responsibility
We’re innovators, solution architects and collaborators. We empower with unrivalled access. We unleash efficiency, free from constraint. We take ownership and are trusted to make decisions. We embrace a culture of freedom.
🎯Ambitious mindset
We’re tenacious, we’re hungry. We’re passionate and energetic. We set and achieve audacious goals. We dream big and execute. We partner with, hire and embolden the ambitious.