Senior/Staff Product Manager, Valon Mortgage
Fintech
$178-280k
+ Equity; this Base Compensation pay range applies to our New York City located staff and may differ according to location
Transforming $25B+ mortgage servicing market with software
Job no longer available
Transforming $25B+ mortgage servicing market with software
201-500 employees
Job no longer available
$178-280k
+ Equity; this Base Compensation pay range applies to our New York City located staff and may differ according to location
201-500 employees
Company mission
To champion homeowners on their financial journey, as the partner they trust with their home and future.
Role
Who you are
- Senior: 5+ years of product management experience
- Staff: 8+ years of product management experience
- Experience working in Fintech, regulated products, or software platforms, launching new products from scratch
- Experience with enterprise SaaS products and preparing platforms for external customers
- Experience shipping complex financial infrastructure products, ideally involving financial systems, accounting, reconciliation, or payment processing
- Strong understanding of financial operations and accounting principles is highly desirable. Proven ability to define and execute product strategy for a technical platform, balancing short-term deliverables with long-term architectural vision
- Exceptional analytical and problem-solving skills, with the ability to break down complex problems into actionable solutions
- Excellent communication, presentation, and interpersonal skills, capable of influencing diverse stakeholders and driving consensus
- Experience working closely with engineering teams on technical architecture and implementation details
- Comfort with ambiguity and the ability to thrive in a fast-paced, evolving environment
What the job involves
- As a product manager at Valon, you will own a business area within the product, lead the creation and execution of the product strategy, and drive a diverse cross-functional team. Our product is at a high-growth stage and you will need to balance between scaling our MVP vs building the best-in-class feature set. You’ll be working closely with our CEO, CPO, and world-class engineering team to create a product that delivers value to mortgage servicers, mortgage lenders, and homeowners
- As a product manager on the Banking team, you will play a critical role in defining and executing the product strategy and roadmap for our core financial infrastructure. You will be responsible for driving initiatives that enhance the robustness, correctness, and scalability of our systems, ultimately increasing developer velocity and enabling new products. This role requires a deep understanding of financial operations, a passion for building elegant technical solutions, and the ability to navigate complex stakeholder landscapes
- Define, own, and deliver business-level objectives and product strategy for our escrow infrastructure based on a deep understanding of customer needs, the product, and industry trends
- Productize and lead new product initiatives in our escrow business
- Tackle challenging, complex problems that play a central role in how our ecosystem manages and disburses funds for property taxes, homeowner's insurance, and other related expenses
- Deliver/land the right product at the right time, and all that entails
- Synthesize quantitative data analysis with qualitative user research results to make informed product decisions
- Apply strategic and critical thinking to identify new opportunities that will improve margin, lead to business growth and satisfy customer needs
- Define simple, generalizable solutions to ambiguous problems and outline the solutions via clear and executable product requirements
- Work cross-functionally with stakeholders across Business Operations Engineering, Product Design, Product Operations, Compliance, and Servicing to ideate, develop and, launch new products and features
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
21% employee growth in 12 months
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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