Derek Barnett Email and Phone Number
Driven Product & Strategy Consultant with over 14 years of experience, specializing in the financial ecosystem and AI-powered products. Proven expertise in leading cross-functional teams to develop scalable, data-driven solutions that enhance automation, forecasting, and actionable insights.
Jpmorganchase
View- Website:
- jpmorganchase.com
- Employees:
- 213060
-
Vice President - Product Management - Machine Learning And Artificial IntelligenceJpmorganchaseDallas, Tx, Us -
Product Manager6Th Element Ventures Mar 2023 - Presentππ°π΅πΆπ²ππ²πΊπ²π»ππ β Increased conversion rate by 30% for payment ISO by integrating 3rd party dataset and launching additional features that resulted in a revenue pipeline on track to reach $100MM in annual gross transaction volume. β Increased end-client revenue by ~20-50% by launching AI driven facial recognition/search features, enhancing customer engagement and insights and resulting in an increase of $500-$1500 in ARPU.β Reduced transaction time by ~80% by launching product that automated the secure exchange of sensitive data resulting in a 20-45min time saving per user.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²π β’ Define and drive customer-centric product vision (product strategy and definition)β’ Guide product development and cross-functional collaboration (product roadmap and delivery)β’ Drive business justification and requirements managementβ’ Lead executive reviews and communicationβ’ Define and measure success (strategic KPIs or OKRs) -
Vice President - Go-To-Market (Startup Banking)Silicon Valley Bank Jul 2022 - Mar 2023Santa Clara, Ca, Usππ°π΅πΆπ²ππ²πΊπ²π»ππβ Grew the customer base by 50% by executing a customer working-backwards GTM strategy that aligned product/program features with customer needs resulting in 30% growth in assets under management (AUM)β Boosted tier-1 (premium users) customer acquisitions by 30% by using market research to refine a multi-tier roadmap that targeted specific customer pain points resulting in ~20% increase in average deposits per account.β Exceeded core KPIs by 30% by automating data and consumer insights and continuously iterating our GTM strategy/roadmap to deliver a bar-raising customer experience resulting in 20% increase in regional market share.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²πβ’ Define and drive customer-centric GTM strategyβ’ Customer obsession (customer interviews, voice of customer, market research)β’ Cross-functional collaboration (sales, marketing, support, product, executives)β’ Drive business justification and requirements managementβ’ Lead executive reviews and communicationβ’ Define and measure success (strategic KPIs or OKRs)β’ Optimize team efficiency and scalability -
Venture PartnerVu Venture Partners Oct 2019 - Sep 2021San Francisco, California, Usππ°π΅πΆπ²ππ²πΊπ²π»ππβ Drove a 4x return on equity (ROE) by leading strategic investments, elevating the overall fund performance resulting in an increase of 5% in the aggregate portfolio internal rate of return (IRR).β 2x user (limited partners) acquisition channels by launching a B2B product (Corporate Venture Capital as a Service), expanding market reach and visibility by over 200 companies.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²πβ’ Building work-streams to enable programmatic excellence (investment pipeline, deal execution)β’ Measure and mine insights from dataβ’ Analyze continuous industry reinvention/disruption (1st principles thinking)β’ Interact with executive management, software development engineers, product managersβ’ Present reviews to internal executives (GPs) (review business, progress, dependencies) -
Vice President - Venture StudioPietas Capital Jan 2018 - Oct 2019ππ°π΅πΆπ²ππ²πΊπ²π»ππ β Drove a 3x revenue increase for largest portfolio company by reassessing market fit, revising roadmaps, and implementing strategic pivots resulting in company achieving cash flow positive in 6 months.β Increased daily active users (DAUs) by 220% within three months by establishing clear objectives and prioritizing feature requirements for optimizing user engagement resulting in 40% increase in revenue.β Completed acquisition and integration of 3rd party services that allowed for vertical supply chain expansion and increased strategic positioning in market.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²πβ’ Led product/investment definition (incubation of internal thesis, user interviews, customer testing)β’ Drive product creation (rapid prototyping, MVP, scaling team)β’ Create and drive business strategy (pivots, milestones, etc.)β’ Project management (business justification, functional requirements, product features)β’ Present business updates and vision
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Investment AssociateKensington Capital Partners Limited: Smart Alternatives Jul 2015 - Dec 2017Toronto, Ontario, Caππ°π΅πΆπ²ππ²πΊπ²π»πβ Generated a ~5x return on capital by leading, sourcing, and executing a $3M Series A investment in a technology company, which was acquired for $165M in 2020.β Implemented strategic portfolio shift that tripled (3x) the YoY performance return, by diversifying the portfolio into alternative credit, driving asset flows to increase by 30%.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²πβ’ Building work-streams to enable programmatic excellence (investment pipeline, deal execution)β’ Measure and mine insights from dataβ’ Analyze continuous industry reinvention/disruption (1st principles thinking)β’ Interact with executive management, software development engineers, product managersβ’ Present reviews to internal executives (GPs) (review business, progress, dependencies) -
Attribution And Risk AnalystOmers Aug 2014 - Jul 2015Toronto, On, Ca -
Portfolio Analysis And Investment Risk AnalystFranklin Templeton Investments Jul 2010 - Jul 2014San Mateo, California, Usππ°π΅πΆπ²ππ²πΊπ²π»πβ Increased portfolio derivative coverage to 90% by prioritizing security modeling requirements and creating essential data feeds, resulting in more accurate level of returns reporting (level of significance of 0.05)β Cut production time and delivery by 50% by identifying inefficiencies in the performance and risk databases, allowing users to obtain deliverables two business days faster each reporting period.π₯π²ππ½πΌπ»ππΆπ―πΆπΉπΆππΆπ²πβ’ Measure and mine insights from dataβ’ Work with engineers to implement and develop systemsβ’ Build work streamsβ’ Project managementβ’ Communicating with a broad set of stakeholdersβ’ Work across functional teamsβ’ End to end project delivery
Derek Barnett Education Details
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Queen'S UniversityFinance -
The University Of LethbridgeFinance
Frequently Asked Questions about Derek Barnett
What company does Derek Barnett work for?
Derek Barnett works for Jpmorganchase
What is Derek Barnett's role at the current company?
Derek Barnett's current role is Vice President - Product Management - Machine Learning and Artificial Intelligence.
What schools did Derek Barnett attend?
Derek Barnett attended Queen's University, The University Of Lethbridge.
Who are Derek Barnett's colleagues?
Derek Barnett's colleagues are Arpit Agarwal, Victor Viera, Alane Bibang, Sharon Mcknuckles, Latika Jain, Stephanie Salerno, Sneha Venna.
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