Product Manager, Lendable
Cards
+ Equity
3 days a week in office
Fintech Unicorn - Lending Platform
Open for applications
Fintech Unicorn - Lending Platform
201-500 employees
Open for applications
+ Equity
3 days a week in office
201-500 employees
Company mission
To make consumer finance amazing: faster, cheaper and friendlier.
Role
Who you are
- 2+ years of experience in a Strategy, Analytics or Product role
- Nice to have: consumer lending experience
- 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 can break down a complex problem into parts
- 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
- Flexibility; the role will be broad and cover all aspects of credit card product management
- Priorities can change quickly and you will spend time debugging smaller problems while also delivering major changes to our product
- 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, smart and analytical person to be a Product Manager for our credit card products. We launched our credit card in the UK in 2020 and in the US in 2024. We are now working on scaling our customer base exponentially
- As a leader in the Product team, you will play a key role in helping us achieve our ambitious goals
- The Zable credit card is a Mobile App-first product targeted at the credit builder customer segment in the UK and the US. We give customers the power to build their credit rating over time while offering them a flexible line of credit that meets their spending needs sustainably
- This role will cover all aspects of credit card 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
- > Improving our underwriting capabilities to support best-in-class credit decisions
- > Building tools which maximise efficiency for our Customer Service and Fraud teams
- > Finding new ways to support customers who may be experiencing financial difficulty
- > Shaping our mobile App experience to empower customers to manage their finances
- Across this breadth of responsibility, you will partner with our MD & Engineering team to define & deliver our long-term product roadmap
- You will ensure we are delivering the best outcomes for our customers while scaling our customer base sustainably
- You will lead on the credit card product roadmap, own day-to-day product delivery and work hand in hand 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 showcase their talent to the world
- Defining the product strategy, shipping features and bug fixes for our credit card
- 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
- Closely partnering with engineers to define what is the best way to implement a feature or answer a business query
- Influence the long-term strategy for our credit card alongside the wider Cards 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, MD, Product Lead and Engineering Manager
Salary benchmarks
Our take
Lendable competes with banks, other marketplace lenders, and consumer finance companies to provide loans to consumers, small businesses, and property developers. Last year the UK marketplace lenders loaned £7.3bn in total.
Lendable believes it can win in this crowded field due to its market-best customer service and its strong financials. Unlike Zopa, RateSetter, or Lending Works, their funding comes from institutional investors.
It originates and services the loans on behalf of institutional investors, but does not hold them on its own balance sheet.
Growing insolvencies will worry all marketplace lending platforms, but Lendable looks well placed to weather any credit storm given their substantial debt financing.
Steph
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
40% female employees
72% employee growth in 12 months
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
$265.4m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Total funding: $275.1m
Company benefits
- Cycle to Work scheme
- Onsite Yoga
- Lunch cooked by onsite chefs 3 times a week
- 25 days holiday (excl. bank holidays)
- Work from home opportunities on Monday and Friday
- Private Health Insurance (inclusive of dental and pre-existing conditions)
- Share Options for all Employees
- Regular team and company wide socials
- Pension
Company HQ
London, UK
Articles
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.
Paul Pamment
(Co-Founder)Studied Mathematics at Oxford University before taking up technical roles at a handful of startups.
Jakob Schwarz
(Co-Founder)Worked as an Analyst at Goldman Sachs and then BCG before founding Lendable.
Victoria van Lennep
(Co-Founder)Worked as the Deputy Editor at the Economist before joining Martin Kissinger to co-found Lendable!
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