Lead Product Manager, Flex
Credit Risk
$239-262k
+ Equity
Flexible rent payment application
Be an early applicant
Flexible rent payment application
501-1000 employees
Be an early applicant
$239-262k
+ Equity
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- 6+ years of product management experience
- Proven ability to collaborate closely with engineering for successful product delivery (execution excellence)
- Experience in fintech, banking, or credit products
- Strong technical acumen with the ability to comprehend engineering systems and architectures
- Experience with underwriting, fraud, or decisioning platforms is a plus
- Demonstrated quantitative skills, showcasing impact on metrics
- Effective collaboration with cross-functional teams and adept communication of data-driven recommendations to non-technical stakeholders
- Self-directed and capable of working independently to drive project ownership and ensure high-quality outcomes
- Passionate problem-solver with a keen intellectual curiosity
- Highly motivated team player with a startup mindset, capable of managing multiple projects simultaneously
What the job involves
- Flex is embarking on a new phase of growth, seeking an experienced Lead Product Manager for our Risk and LTV team
- In this role, you will drive the development of advanced risk models, enhance fraud risk management, and optimize monetization strategies for Flex's products
- Your focus will significantly impact the consumer lifecycle with Flex, driving growth, retention, and satisfaction
- Responsibilities include setting Risk/LTV product strategy, collaborating closely with engineering, analytics, finance, compliance, and other stakeholders, including leadership
- Own product strategy and roadmap development for a risk domain
- Work closely with engineering teams to ensure the successful execution of the roadmap by providing clear specifications, prioritizing features, and addressing technical challenges
- Collaborate cross-functionally with design, compliance, legal, and risk policy stakeholders to define products that achieve department OKRs
- Advocate for our customers by shipping products in the best interest of them and our business
- Work closely with Flex’s Customer Support and Operations teams to provide the best possible experience to our customers
- Foster a collaborative and positive work environment, mentoring junior team members and promoting a culture of continuous learning and growth
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
Salary benchmarks
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