Senior Product Manager, Ocrolus
$120-140k
+ Equity
Intelligent document automation software
Open for applications
Intelligent document automation software
501-1000 employees
Open for applications
$120-140k
+ Equity
501-1000 employees
Company mission
To empower companies to modernize their back offices with leaner, faster infrastructure, and intelligent analytics.
Role
Who you are
- You are a hands-on, highly motivated Senior Product Manager who will own our fraud detection offering at Ocrolus, known as Detect
- A passion for delighting customers, a high degree of curiosity, an analytical mindset, and a deep sense of ownership
- A minimum of 3 years of strong product management experience, preferably with a background in fraud detection within financial services
- Excellent client-facing skills and the ability to articulate complex problems to a wide variety of technical and non-technical audiences
- A keen focus on the commercial success of products and services being launched
- Experience with failure (e.g. product launch) and ability to course correct
- Nice-to-haves: a degree in Finance, Economics, or Computer Science/Engineering; MBA is a plus
What the job involves
- As a Senior Product Manager, you will be an expert on fighting fraud in financial services, and you will work cross-functionally to bring to fruition a cohesive, multi-pronged product strategy for Detect
- You will develop and lead the product strategy, work with the engineering team to execute the strategy, and drive client engagement, usage, and value proposition for current and future industry partners
- Craft the Detect product roadmap and set product priorities based on data and customer feedback
- Work closely with Ocrolus’s engineering, data science, product management, and sales & marketing teams to execute all aspects of the product roadmap and vision
- Represent Ocrolus’s fraud detection product suite and strategy externally to clients, partners, and prospects as the firm’s subject matter expert
- Constantly ideate: research the competition, assess the market, analyze customer data, and incorporate the learnings into the product roadmap and vision
- Write detailed and clear product requirements, business cases, and strategy documents
- Develop KPIs, work with analytics teams to develop dashboards and reports on key metrics; monitor and act on these metrics to optimize the product offerings
- Educate cross-functional business stakeholders about Detect and work with them to identify new product opportunities
- Manage end-to-end delivery cycle of product features, including phased roll out to customers and internal teams, quick iterations, and a full stack launch
- Develop a solid understanding of all Ocrolus solutions and work to integrate the fraud detection capability seamlessly into all verticals
- Seek new market opportunities in fraud detection by leveraging Ocrolus’s distinctive competencies in document processing and analysis
- Proactively nurture client relationships
Our take
While machines have come a long way, image recognition software has struggled to match the accuracy required for financial review work. Ocrolus is stepping in to fill this gap, tapping into a vast, untapped market with a solution that bridges this critical need.
Ocrolus provides an automation platform that converts paper documents - like bank statements, pay stubs, and invoices - into actionable data with over 99% accuracy. The platform combines advanced machine processes with human intelligence through its human-in-the-loop infrastructure, ensuring a more reliable and complete solution for businesses.
As the financial services industry continues its push for modernization, Ocrolus is proving to be a key player for fintech leaders like SoFi, LendingClub, and Cross River Bank. These companies rely on Ocrolus to streamline their operations, reduce processing times, and enhance overall efficiency.
Freddie
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Feb 2023
$10.5m
LATE VC
Sep 2021
$80m
SERIES C
Total funding: $139.3m
Company benefits
- Taking care of you: We offer a comprehensive health package, including dental and vision, to support your physical and mental wellbeing
- Ocrolus Appreciation Days: To help balance work and life, we offer 5 reset days off throughout the year, in addition to our company holiday calendar
- Save for retirement: All employees benefit from a 401K plan, offered through Betterment, the investment and savings app
- Unlimited time off: Vacations at Ocrolus are on your terms. There’s no cap on PTO, alongside a flexible schedule and time off on summer Fridays
- Paid parental leave: It’s the big moments in life that matter. Our employees take up to three months of paid maternity or paternity leave
- Meals on us: Get catered lunch in the office all week long. We also provide dinner on most nights of the week
- Develop at work: Be empowered to grow personally and professionally with our annual learning and development stipend
- Take ownership: It’s important that Ocrolus employees feel invested in the company. Equity packages are available to most staff
- Ride to work: Commuting doesn’t have to be a drag. With CitiBike membership, you can make getting to work fun and healthy.
Company HQ
Financial District, New York, NY
Leadership
Sam Bobley
(Co-Founder & CEO)Currently a Venture Advisor at Green Egg Ventures.
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