Senior Product Manager, Fundbox
Credit Products
$180-220k
+ Equity with Fundbox in the form of restricted stock units
The pioneer of embedded working capital solutions for SMBs
Be an early applicant
The pioneer of embedded working capital solutions for SMBs
101-200 employees
Be an early applicant
$180-220k
+ Equity with Fundbox in the form of restricted stock units
101-200 employees
Company mission
To unlock the potential of small businesses by giving them financial agility and peace of mind.
Role
Who you are
- 5+ years of proven ability in a quantitative analytics or consulting role; experience in credit or product at a financial services or fintech firm preferred
- Experience pulling and joining large data sets with SQL and performing analysis using tools such as Python, Excel, and Tableau
- Strong social skills and experience collaborating on cross-functional projects with both technical and non-technical audiences
- Excellent written and verbal communication skills to deliver insights clearly and succinctly to executive leadership
- Ability to work with ambiguous problems, deconstructing it into tangible steps, and working towards an impactful solution
- Experience managing multiple work streams and prioritizing projects of varying size and complexity
- The flexibility and curiosity to understand topics and concepts outside of your domain
- BS / MS in a quantitative discipline (Computer Science, Mathematics, Statistics or Engineering) preferred
What the job involves
- As a Senior Product Manager, you will own the vision, strategy, and execution for key product initiatives that drive Fundbox’s growth with strategic, household name partners
- Your mission: deeply integrate Fundbox into platforms and ensure that the right capital product reaches the right customer at the right moment
- You will team up with world-class professionals across product, partnerships, engineering, credit risk, and go-to-market teams to develop and test strategies that ultimately impact the bottom line
- You will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation
- Be a core member of the Product team that builds new capital products from the ground up: transforming white space into scalable, platform-ready products
- Work closely with the Credit Risk, Technology, Operations, and other stakeholder teams to design and implement data-driven strategies to optimize customer experience across the customer lifecycle in partnership acquisition channels
- Collaborate on credit frameworks and define the product experience for the customer management and retention strategies, building credit analysis, monitoring, and reporting
- Work closely with partners to understand their workflows, requirements, and business models and then translate them into high-impact product features and engineering requirements
- Analyze portfolio performance and strategy effectiveness across customer segments and acquisition channels; be responsible to build, evaluate, and manage key metrics in your area of responsibility
- Identify business challenges and opportunities for improvement and solve them using analysis to make strategic or tactical recommendations
Our take
Having a reliable cash flow is essential for any business. Compared to transfers between individuals, B2B payments have been relatively slow to digitize, with payments delayed for around two months on average for small and medium sized businesses.
Fundbox has created a platform that speeds up how money is exchanged between businesses. Currently, there is over $3T in the U.S. stuck in accounts receivable, meaning cash that is owed between small business buyers and sellers.
As it moves forward, payments are its focus. The payments industry has seen revenue steadily growing, reaching almost $2T globally in 2018. New entrants are tapping into more areas of the space, although Fundbox is competing with companies like Stripe and Kabbage, it believes there is a big enough opportunity in the business-to-business market for several companies to thrive.
The company's long term goal is to be the Visa of B2B payment and credit, offering short-term small-business loans and B2B sellers can get paid at the time of sale via Fundbox Pay. At present, over 500,000 SMBs use FundBox, and it partnered with SMB financial health platform Nav in 2024, using the latter's financial health analysis to create more certainty for SMBs in loan underwriting.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
36% employee growth in 12 months
Company
Employee endorsements
Challenging work
"Fundbox trusts all employees, even new teammates, with scope and high impact projects that make working here both challenging and rewarding. By..."
Funding (last 2 of 6 rounds)
Nov 2021
$100m
SERIES D
May 2020
$20m
SERIES C
Total funding: $403.5m
Company benefits
- $500 Personal and professional development budget
- Generous PTO policy to include vacation, sick time and more
- $200 Monthly lunch budget
- Total wellness benefits, including individual annual budget, mental and physical health resources and more
- $350 Stipend to improve your home office setup
- Premium coverage for health plans offered from day one (some options covered at 100% for Employees)
- 401k, Life insurance and disability benefits
- HSA employer contributions
Company values
- Culture: We work hard to cultivate a respectful, diverse, and inclusive environment. We make empowering each other an everyday priority
- Collaboration: We value a team-think approach, knowing we do our best work when we pool our strengths and solve problems together
- Inclusivity: We want you to be, well, you. We believe in fostering an environment of acceptance, where everyone can bring their authentic selves to work
Company HQ
Plano, TX
Articles
Leadership
Prashant F.
(CEO)Initially joined Fundbox as COO in 2016, before becoming CEO in 2020. They are also a Lecturer at Stanford Graduate School of Business, Johnson Graduated School of Management at Cornell University, and the University of California, Berkeley, Haas School of Business.
People progressing
From 8 roles over 8 years, he’s built a foundation of excellence and leadership that’s propelled him to where he is today!
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