Director of Product Management, Valon Mortgage

Default

$233.8-316.3k

This Base Compensation pay range applies to our New York City located staff and may differ according to location + Equity

Senior and Expert level

New York

San Francisco Bay Area

Transforming $25B+ mortgage servicing market with software

Be an early applicant

Transforming $25B+ mortgage servicing market with software

201-500 employees

FintechB2CMortgagesHome improvementFinancial ServicesSaaSSocial Impact

Be an early applicant

$233.8-316.3k

This Base Compensation pay range applies to our New York City located staff and may differ according to location + Equity

Senior and Expert level

New York

San Francisco Bay Area

201-500 employees

FintechB2CMortgagesHome improvementFinancial ServicesSaaSSocial Impact

Company mission

To champion homeowners on their financial journey, as the partner they trust with their home and future.

Job

Company

Role

Who you are

7+ years of product management experience, with at least 3+ years leading and scaling
Product teams
Demonstrated success delivering high-complexity, high-detail b2b/enterprise products at
Scale, ideally in fintech, proptech, or platform-based businesses
A strong track record of execution, hitting deadlines, and making customers happy
Proven ability to drive alignment across engineering, design, and business stakeholders
Strong product team building skills, hiring and retaining top performers
Experience in regulated industries (e.g., finance, healthcare, insurance) is a plus

What the job involves

We’re looking for a Director of Product Management to lead the execution of Valon’s enterprise SaaS software for default mortgage servicing
Valon’s software has demonstrated disruptive efficiency at our internal mortgage servicer, and we are now in the process of shipping this software to the rest of the industry
The Default team operates at the nexus of multiple end customers, including homeowners, Valon’s servicing teams, investors, regulators, and law firms
This role will need to balance competing interests across those end customers, through developing complex technological solutions to address severely delinquent mortgages and mortgages impacted by legal proceedings
As a relatively new function at Valon, you will have the opportunity to launch a number of new products from scratch
As a senior leader, you will oversee a team of product managers and collaborate closely with Engineering, Design, Servicing Operations, and Compliance to ensure Valon delivers excellent products quickly
Own the entirety of our non-performing servicing product, define and lead the
Product execution of our non-performing servicing platform, transforming an inefficient
Operations-led industry into an efficient software platform
Lead and grow a high-performing team of product managers, setting clear priorities,
Fostering a culture of innovation, and ensuring exceptional execution
Collaborate cross-functionally with Engineering, Design, and BizOps to ship impactful
Products at scale
Represent the voice of the homeowner in executive forums and strategic planning sessions

Our take

Valon is attempting to bring smoother, clearer customer service to the often unsophisticated industry of mortgage services. Its cloud-native mobile platform allows borrowers to make payments and manage escrow accounts while avoiding time-consuming call centers, inaccurate information and poorly designed websites. In turn, lenders can use the platform to request API feeds to gather information on customer performance.

The company is aiming to disrupt and bring down the costs in a market that it sees as heavily monopolized, and which is largely devoid of customer-oriented innovation. Currently, mortgage servicing giant Black Knight controls over half of all residential loans in the US, the result of which has seen a 250% increase in servicing costs in the last decade.

Valon's growth so far has been remarkable. The company went from zero contracts in 2019 to $65 billion in mortgages in 2024, with a 400% year-on-year growth. Its remarkable growth attracted over $169 million in funding in 2024. On top of this boost, it has further diversified its capabilities to include servicing government-sponsored home loans from the Federal National Mortgage Association.

Freddie

Company Specialist at Welcome to the Jungle

Insights

B Corporation

Top investors

21% employee growth in 12 months

Glassdoor (3.9)

Trustpilot (2.8)

Company

Funding (last 2 of 7 rounds)

Oct 2024

$100m

SERIES C

Jul 2024

$69.8m

LATE VC

Total funding: $348.8m

Company benefits

Fully Covered Healthcare Premiums on Zero Deductible Medical/Dental/Vision Insurance Plans
Flexible Sick Days
Equity Packages
Generous Vacation Policy + Multiple Company Holidays
Provided Laptop, Custom Acessories, and Ergonomic Equipment
Commuter Benefits
Paid Parental Leave
Unlimited Snacks and Drinks

Company HQ

Union Square, New York, NY

Leadership

Andrew Wang

(CEO & Co-Founder)

Studied Computer Science at Harvard. Interned as a Software Engineer at The White House, and Google. Was an Analyst at Goldman Sachs. Spent 4 years as a Principal to Soros Fund Management.

Linda Du

(COO)

Studied Computer Science and Statistics at Harvard. Worked at Samlyn Capital and Two Sigma prior to joining Valon.

Jake Mintz

(CPO)

Studied Electrical Engineering at Santa Clara University. Co-founded Bump Technologies which was acquired by Google.

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