Senior Product Owner (all genders)

If you are passionate about revolutionizing the investment world by developing solutions for operational challenges and transforming best practices into scalable, valuable products, then Allocator One might be the right place for you. Join our team as a Senior Product Owner and play a pivotal role in creating the Allocator Fund Product, designed to automate fund management and regulatory tasks, and shape the future of venture capital funds.

As a member of our core team, you will work very closely with our founders, key stakeholders, and other experts. You will have the opportunity to learn from and contribute to the team's collective knowledge and expertise, and to participate in all aspects of the Allocator One value chain. The role will report into a Founding Partner.

Note: Allocator One is headquartered in Vienna; therefore, we are looking for someone for this role who can collaborate closely with us on-site. While we support remote work when it makes sense, this position requires the individual to work in our Vienna office for a minimum of 3 days per week.

Allocator One

At Allocator One, we operate a distinctive fund model designed to invest in the most promising first-time fund managers worldwide while optimizing fees. With an eye on the highly favorable prospects for the 2023/2024 fund vintages, our team has accelerated its efforts to seize this unique opportunity. We pride ourselves on being the anchor investor of choice for exceptional first-time fund managers, offering them unparalleled access, expertise, and operational support.

Our focus on first-time fund managers

Allocator One's focus on first-time fund managers is driven by a simple yet compelling fact: historically, top-performing funds with assets under $50 million, led by emerging managers, have delivered returns that are more than 3 times higher over a 10-year horizon compared to their peers of larger fund sizes. Furthermore, the fund vintages of 2023/2024 in our pipeline are poised to enjoy an additional boost in returns. Venture capital funds that originate during economic recessions have consistently achieved returns that are 15%-30% higher compared to those raised in the preceding years, across various performance percentiles.

Optimizing fees and building Partnerships

We believe in optimizing fees while nurturing partnerships with first-time fund managers from the very beginning. Our aim is to enhance investment terms by actively contributing to the success of these funds. Allocator One has already established itself as a global brand in the realm of emerging managers, thanks to our extensive international investor network. In just two months since our launch, we've received over 300 applications, a testament to our commitment to supporting emerging talent. Our team goes beyond traditional investing; we offer to act as "co-builders," incorporating emerging managers into our unique Allocator One program, often likened to a "Y Combinator for Capital Allocators." We provide vital support in areas such as regulation, administration, and structure.

Our founding partners:

Our founders bring a wealth of experience and expertise to Allocator One:

• Felix Staeritz: As the builder of category-leading corporate venture builder FoundersLane, Felix has an impressive track record of founding and exiting successful ventures. He is an active VC/PE investor and serves on the boards and advisory boards of esteemed organizations like the World Economic Forum (WEF), Fraunhofer, and various public and private companies.
• Michael Ströck: Michael is a seasoned entrepreneur with multiple successful exits to his name. He is an alumnus of Y Combinator and has transitioned from a CTO role to a successful investor. Michael has played a pivotal role in establishing three VC funds and is part of a family business now in its third generation.

General responsibilities:

• Work directly with the founders and other stakeholders internally and externally to develop user focused product architecture and roadmap.
• Organize user stories to maximize the value of the product.
• Collect and analyze best practices from similar products and features.
• Use data and analytics to develop feature priorities and needs.
• Create detailed product feature specifications in alignment with several different stakeholders.
• Identify, brief, and provide guidance to backend and frontend specialists responsible for executing the product.
• Be the product ambassador and be able to answer questions both internally and externally.
• Be responsible for product releases end-to-end.
• Maintain product tracking and reporting of post release features to evaluate future iterations and investments.
• Stay updated on industry trends and market developments.
• Represent Allocator One at tech events and networking opportunities.

Your skills and qualifications:

• 4+ years of product management or ownership within a fast paced and dynamic fintech environment
• Track record of developing feature releases with a user-first focus
• Good understanding of agile principles and processes
• Creative thinker with the ability to also work with large amounts of data to define priorities
• Great team player with the ability to work and align with external stakeholders and internal teams
• Experience with creating product architecture and roadmaps
• Confident presentation skills and a great attention to detail
• Excellent communication and interpersonal skills

• Competitive base salary
• Potential for bonuses and equity
• “No assholes allowed” company culture
• Learn from and grow with experienced colleagues who are eager to share their knowledge

Hiring process:

Initial screen: This initial screen via video-call with a member of our team will be an opportunity for you to discuss your background and experience, and to ensure that you meet the minimum qualifications for the role and the job aligns with your expectations.

Interview with founding partners: If you are a strong candidate, you will be invited to participate in an interview with our founding partners. This will be an opportunity for you to learn more about the company's strategy and culture, and for the partners to get to know you better.

Case study and/or technical assessment during an on-site work trial day: To get to know each other even better, we invite you to a work trial day at our office in Vienna. To assess your skills and knowledge, we may ask you to complete a case study or technical assessment.

After the final round interview, the team will review all of the candidates and make a decision on who to offer the position to. The hiring process can take several weeks, so please be patient as we review all of the applications and make a decision. If you are not selected for the role, we will notify you as soon as possible.

Sounds interesting? Then we look forward to receiving your application.