Senior Product Manager

Role Overview

• Own the product roadmap and full Profit & Loss for assigned lending products (e.g., auto secured loans, unsecured personal loans)
• Develop pricing strategies, cost structures, and margin optimization plans to achieve revenue and profitability targets
• Monitor and manage financial performance, including approval rates, loss ratios, contribution margins, and return on capital
• Deeply understand borrower pain points, financial behaviors, and channel preferences
• Act as the voice of the customer internally
• Partner with Data Science, Credit Risk, and Underwriting to design risk-based pricing, credit policy tiers, limit strategies, and alternative data models that expand access while improving risk-adjusted returns
• Evaluate product investments using ROI, RAROC, and payback period metrics; prepare business cases for new initiatives
• Lead squads across engineering, design, compliance, legal, marketing, and operations to deliver features on time and within budget
• Ensure every product and feature complies with federal and state regulations (TILA, Reg Z, ECOA, FCRA, UDAAP, etc.)
• Design and launch A/B tests and champion/challenger experiments to optimize conversion, repayment behavior, and lifetime value
• Monitor post-launch cohort performance (approval rate, delinquency, charge-off, prepayment, profitability) and iterate rapidly
• Identify new product opportunities: asset classes, partnership channels (dealers, BNPL, employers, third party referrals), embedded finance, etc.
• Collaborate with Marketing and Distribution on go-to-market strategies and sales funnel optimization

Requirements

• 5+ years of product management experience; at least 2 years in consumer lending or fintech (subprime/near-prime preferred)
• Bachelor’s degree in Finance, Economics, Engineering, Business Analytics, or related field; MBA a plus
• Proven track record of launching and scaling lending products that improved returns and profitability
• Strong financial acumen: experience with P&L management, ROI analysis, and pricing strategy
• Deep familiarity with credit risk, scorecards, and alternative data sources
• Knowledge of Regulatory landscape in consumer lending in the U.S.
• Analytical and Communication Skills: Ability to leverage various analytics and communicate a story articulating key trends in the business

Benefits

• comprehensive medical, dental, and vision plan
• 401k plans with a company match
• PTO and paid holidays
• paid parental leave
• employee assistance program for mental health and counseling