Principal Product Manager, Upstart
Consumer Platform
$184.3-255k
AI lending marketplace
Job no longer available
AI lending marketplace
1001+ employees
Job no longer available
$184.3-255k
1001+ employees
Company mission
To enable effortless credit based on true risk.
Role
Who you are
- BA/BS in Computer Science, Electrical Engineering, Mathematics, Statistics, a related technical field, or equivalent practical experience
- 6-10 years of growth product management experience at a growth-stage company
- Demonstrated ability to achieve strategic goals in an innovative and fast-paced environment, and to evolve product strategy based on research, data and industry trends; excellent problem-solving, organizational and analytical skills
- Passion and aptitude for credit and financing-related economic concepts
Desirable
- Track record of building a successful product testing paradigm. The ideal candidate has already run dozens of A/B tests and is comfortable leading the creation of an experimental backlog
- Experience bringing teams together using Agile development methodology
- Knowledge of multiple functional areas such as Product Management, Engineering, UX/UI, Finance or Marketing; understanding of full funnel conversion best practices (e.g. distribution strategies, funnel conversion, operational go-to-market)
- Experience building online finance products, and/or knowledge of the consumer finance market
- Masters in Business Administration
What the job involves
- Identify market opportunities and define product vision and strategy
- Launch features on a regular basis to open up new product offerings for all of Upstart
- Understand customer needs and gather product requirements
- Engage closely with the engineering team to help determine the best technical implementation methods as well as a reasonable implementation schedule
- Create a platform to scale Upstart into new businesses
Our take
Based in San Mateo, California, Upstart is piositioning itself as a leading AI lending marketplace, connecting millions of consumers with more than 100 banks and credit unions. In a market where credit access can be limited by traditional scoring methods, Upstart aims to make lending fairer and more accessible by using technology to better understand each borrowers true potential.
Upstart builds AI and cloud-based tools that help lenders approve more borrowers at lower rates. Its models analyze thousands of variables (not just credit scores) to predict creditworthiness more accurately. And through its platform, consumers can access personal, auto, and home-equity loans, as well as smaller "relief" loans, all through a seamless digital experience.
So far, its success is reflected in its high loan automation rate (over 90% of loans are fully processed without human intervention) and the billions in loan originations it has facilitated. The company continues to refine its AI models and expand its offerings, with the goal of helping lenders serve more customers while making borrowing easier and more affordable.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2019
$50m
SERIES D
Mar 2017
$32.5m
SERIES D
Total funding: $135.7m
Company benefits
- Comprehensive health plans
- 401k Plan
- Annual wellness reimbursement
- Disability insurance
- Generous vacation policy
- Flexible time off
- Parental leave
- Family forming benefits through Carrot
- Technology equipment budget
- Personal development budget
- Various clubs and extracurricular activities
- Catered lunches
- Fully stocked micro-kitchen
Company HQ
South San Mateo, San Mateo, CA
Leadership
David Girouard
(Founder & CEO)They started their career at Accenture and Booz Allen & Hamilton before working in Product Management at Apple and Virage. They left their role of 8 years as President of Enterprise at Google to found Upstart in March 2012.
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