Senior Product Manager, Lendable
+ Equity
3 days a week in office (Shoreditch, London)
Fintech Unicorn - Lending Platform
Posted today
Fintech Unicorn - Lending Platform
201-500 employees
Posted today
+ Equity
3 days a week in office (Shoreditch, London)
201-500 employees
Company mission
To make consumer finance amazing: faster, cheaper and friendlier.
Role
Who you are
- 5+ years of experience in a Strategy, Analytics or Product role, with at least 2+ years specifically in Product
- 3+ years of experience in Finance or Fintech
- Leadership; as a product leader, you will drive the quarterly OKR process (together with the MD) and do what it takes to deliver on them. You’re able to make tough decisions & trade offs - especially when faced with high ambiguity. You own these decisions but also course correct when needed. Through all this, you are always striving to build a high performing team and work with the team leadership to improve yourself, others and the team overall
- Problem-solving; consistently breaking down complex business problems into bite-sized chunks. Complex tasks don’t intimidate you and you are able to break down a complex problem into parts
- Resourceful; you find a way to overcome issues without continual guidance and management, even when they are novel to you. You love to use AI to train yourself and help solve new problems!
- Data-driven; you have experience with numerical analysis with some experience coding. We will teach you the tools (SQL, Python), but you need to feel comfortable with numbers and using data to drive real-world actions
- Communication; you can communicate clearly and succinctly, orally and in writing; you enjoy a lively discussion. You effortlessly adjust your communication to suit your audience, from business owners to engineers. You don’t have a massive ego and you are happy to change your mind when presented with a good argument
- Collaboration; you feel comfortable establishing close relationships with key stakeholders across the wider company allowing you to quickly assemble cross-functional teams for product delivery
- Working at speed; you make things happen. You are not afraid to roll up your sleeves and take responsibility for implementation and design decisions. You work at speed and enjoy a healthy dose of pressure
- Process management; a solid understanding of the software development life cycle and how to ensure our products are working as intended for our customers
- Agility; not just Agile (Scrum or Kanban would be nice) but adaptability to thrive in an unstructured, fast-moving and constantly evolving high-growth environment
What the job involves
- We’re looking for an experienced, intelligent, and analytical individual to join our team as a Product Manager for our personal loans product in the US (based in London)
- As a leader in the Product team, you will play a key role in helping us achieve our ambitious goals
- This role will cover all aspects of personal loan product management, and you will be given the freedom to define new features and manage projects end-to-end, including:
- Optimising how we acquire new customers for speed and efficiency
- Streamlining the customer experience and application process
- Improving our underwriting capabilities to support best-in-class credit decisions
- Building tools that maximise efficiency for our Customer Service and Fraud teams
- Finding new ways to support customers who may be experiencing financial difficulty
- Across this breadth of responsibility, you will partner with our Head of US Loans, Head of Product, and Engineering team to define and deliver our long-term product roadmap
- You will ensure we are delivering the best outcomes for our customers while scaling our customer base sustainably
- As well as working to plan out the roadmap, you will also work on day-to-day product delivery, and collaborate with various departments to prioritise projects according to their maximum impact
- It is your job to break down complex tasks into bite-sized deliverables
- We have some of the best engineers in the industry, and we need you to help us ensure the team is reaching its maximum potential
- Defining the product strategy, shipping features and bug fixing
- Analysing quantitative and qualitative data to inform both strategic investments and prioritisation of the product backlog
- Testing, measuring and optimising the impact of new releases and experiments
- Optimise engineering time for maximum impact
- Ensuring our customers’ needs are always at the heart of what we’re building
- Using AI to maximise your own and the team’s efficiency in any way possible
- Closely partnering with engineers to define what is best way to implement a feature or answer a business query
- Influence the long term strategy for our personal loans business alongside the wider team (Credit Risk, Data Science, Operations, Engineering)
Application process
- CV screening
- A quick introduction call with someone from the Talent Team
- A take-home exercise to complete in your own time + take-home debrief (via video)
- Final round interview with CPO, Head of US Loans, Product Lead and Engineering Manager
Salary benchmarks
Our take
Lendable competes with banks, other lenders, and consumer finance companies to make finance and credit easier to access for all consumers. Streamlining the loan application process, the company cuts personalised rates and fund transfers from days to minutes.
Lendable believes it can win in this crowded field due to its market-best customer service and strong financials. Part of its success is due to its funding coming from institutional investors. Lendable originates and services its loans on behalf of institutional investors, but doesn't hold them on its own balance sheet.
Growing insolvencies will worry all lending platforms, but Lendable looks well-placed to weather any credit storm given its substantial debt financing. With fresh funding, this profitable fintech unicorn is poised to make credit access easier for micro, small, and medium enterprises. And with the launch of two new products in the US, Lendable is certainly in a good position for more growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Challenging work
"At Lendable I'm in a position to make decisions and engineer solutions on a product that's worth billions and growing all of the time. This brings..."
Funding (last 2 of 3 rounds)
Mar 2022
$281.5m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Total funding: $291.4m
Company HQ
London, UK
Leadership
Martin Kissinger
(Co-Founder & CEO)Studied Economics as an undergraduate at LSE before doing an MPhil at Oxford University. Worked as an Entrepreneur in Residence at Rocket in Berlin.
Share this job
View 22 more jobs at Lendable