Product Manager, Prosper Marketplace
Credit Card
$149-188k
+ Bonus
Online P2P lending marketplace
Be an early applicant
Online P2P lending marketplace
201-500 employees
Be an early applicant
$149-188k
+ Bonus
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Role
Who you are
- 3-5 years of relevant product management experience, financial services and credit card product experience is a plus
- Bachelor’s degree is required
- Demonstrated success defining and launching excellent consumer facing products
- Ability to keep in mind the strategic big picture while maintaining a grasp on the details of your product
- Proven ability to dive deeply into specific functional areas and learn a domain
- Proven ability to innovate and come up with ideas to help drive the product forward
- Proven ability to understand the business and engineering sides and get into technical detail
- Ability to assume a strong sense of responsibility and ownership in a fast-paced environment
- Excellent project management skills - delivery and action oriented with the ability to handle changing tasks, priorities, and adapt quickly
- Superior communication skills, able to adapt style and collaborate well with diverse stakeholders and team members
What the job involves
- The Product Manager is responsible for the strategy, product planning and execution throughout the product lifecycle, including: defining the product vision, gathering and prioritizing product requirements, and working closely with engineering, design, marketing, and operations to ensure revenue and customer satisfaction goals are met
- Partner with product leadership to build a vision, strategy, and multi-year product roadmap
- Break vision into phases, prioritize and drive backlogs for launch with your dedicated engineering teams
- Develop a deep understanding of our customers’ & partners’ problems
- Use data and analysis to drive your understanding of customers and to build and iterate on products
- Drive disruptive innovative solutions in a customer-centric environment
- Establish product delivery timelines in close collaboration with the development team, leading in a fast-paced agile environment
- Work with internal stakeholders from technology, marketing, legal, operations, and executive management to translate business needs into product requirements
- Work with a distributed team of designers, researchers, engineers, testers and subject matter experts to scope, design, test and build new products and product features
- Monitor and understand the key metrics governing your product area, with an eye toward continuously improving them through ongoing product innovation
- Work with engineering and data science to analyze data and conduct experiments (A/B tests) in order to optimize the product in pursuit of an improved customer experience and business metrics
- Lead and resolve questions and conflicts across organizational stakeholders, keeping stakeholders updated on project progress and trade-offs
Application process
- Recruiter Call: A brief screening to discuss your experience and initial questions
- Department Interview: Deeper dive into technical skills and project alignment with the Hiring Manager or team member
- Team/Virtual Interview: Meet team members for collaborative discussions, problem-solving, or technical exercises
- Case Study Round: Analyze a real-world problem, propose solutions, and present findings, evaluating analytical, strategic thinking, and presentation skills
- Final Round: Discussion with a department head/executive
Our take
Prosper is a peer-to-peer lending platform, that connects investors with borrowers directly. When it launched in 2005 it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle and LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated billions in loans to over two million borrowers.
In more recent years, Prosper has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company. It continues to develop its offering and remains a force in the market, with no reason it won't continue to succeed.
Freddie
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
Company benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company HQ
The East Cut, San Francisco, CA
Leadership
David Kimball
(Chairman & CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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