Product Manager, Lendable
US Loans
Plus Equity
3 days a week in office
Profitable Fintech Unicorn - Lending Platform
Posted today
Profitable Fintech Unicorn - Lending Platform
501-1000 employees
Posted today
Plus Equity
3 days a week in office
501-1000 employees
Company mission
To make consumer finance amazing: faster, cheaper and friendlier.
Role
Who you are
- 3+ years in Product, Strategy, or Analytics; at least 1 in a PM role
- 1+ years in fintech, financial services, or a strong grasp of lending and credit
- You’re a highly curious, systems thinker who connects dots and thinks through end-to-end impact
- You've built with AI - agents, workflows, code generation, analysis. Show us what
- Track record of shipping products that moved real business metrics
- Very comfortable with data, analysis and SQL - you know what questions to ask, and you answer them yourself
- Bonus: high-growth startup or scale-up experience
- Don’t worry if you don’t quite meet all of these criteria, we’d love to have a chat with any great candidates!
- You break complex problems into shippable pieces
- You decide under ambiguity and own the outcome
- You communicate crisply - to the MD, to engineers, in a spec
- You build cross-functional relationships and pull the right people together
- You move fast, default to action, and course-correct when needed
What the job involves
- Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1
- Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo
- Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting
- Personal loans are the fastest-growing consumer credit product in the US - originations increased 26% last year alone to a record high. Americans are actively seeking cheaper, faster, more transparent alternatives to credit card debt and traditional bank loans
- Having built a market-leading, profitable business in the UK, Lendable launched US Personal Loans in 2022. Four years of building credit models, customer journeys, operational infrastructure and nearly $500m in originations - and the foundation is set. What comes next is the exciting part: aggressive growth into the largest lending market in the world
- We're hiring a Product Manager to own multiple product areas to support this expansion - defining strategy, shipping features, and driving outcomes end-to-end
- This isn't a "write tickets and attend standups" PM role. You'll own real problems such as:
- Getting our proprietary credit models into production - working with data science to turn research into real lending decisions
- Designing and personally building automations that make our operations team dramatically more efficient
- Using data to ideate the most valuable initiatives that could improve credit quality, reduce losses, help the customer, or grow volume
- Figuring out how best to use LLMs to intelligently aid with customer service, servicing, collections
- A/B testing customer journeys from application through to servicing - finding what actually moves conversion, satisfaction, and repayment
- Improving the post-origination experience - payments, customer support, and everything that happens after a loan is funded
- Leading the team, aligning and motivating everyone around you, continuously improving the tools and processes we use to deliver at speed
- You'll report to the Head of Product and collaborate closely with the Managing Director of US Loans. You'll join three other PMs and work most closely with:
- ~14 engineers (mostly backend), split across London and Europe
- A data science team (2–3 people) building credit and pricing models
- A credit risk team (~4 people) - some of your closest collaborators
- A growth team (1-2 people) focused on acquisition
- Operations agents - you'll build the tools that make their work better
- The team spans our London office, European remote engineers, and our Arlington, Virginia office near DC
- We want to build the most AI-forward financial services company in the world
- Our PMs don't just manage products. They use AI to push the boundaries of what one person can achieve
- Today, PMs at Lendable write python and SQL to generate analytical insights that used to need teams of analysts. They commit PRs to production for straightforward features. They build their own agent workflows to automate repetitive work
- The PM role here is genuinely expanding in all directions, and we expect you to be excited about this. You've been tinkering already - side projects, personal agents, AI-assisted analysis, building tools with Claude Code or similar. You don't wait to be told what AI can do; you've been finding out yourself
- If you want to work somewhere that treats AI as a force multiplier for ambitious people - not a bullet point on a slide deck - this is it
Application process
- We respect your time and move quickly:
- 1. Intro call (remote) - 30 min with our talent team (~Week 1)
- 2. Product chat (remote) - 45 min with the Head of Product to discuss your background and how you think about product (~Week 2)
- 3. Take-home exercise (remote) - a practical product challenge in your own time, followed by a video debrief (~Week 2-3)
- 4. Final round (in our London offices) - typically CPO, US Loans MD, and Engineering Manager, Head of Product (~Week 3)
Salary benchmarks
Our take
Lendable competes with banks, other lenders, and consumer finance companies to make finance and credit easier to access for all consumers. Streamlining the loan application process, the company cuts personalised rates and fund transfers from days to minutes.
Lendable believes it can win in this crowded field due to its market-best customer service and strong financials. Part of its success is due to its funding coming from institutional investors. Lendable originates and services its loans on behalf of institutional investors, but doesn't hold them on its own balance sheet.
Growing insolvencies will worry all lending platforms, but Lendable looks well-placed to weather any credit storm given its substantial debt financing. With fresh funding, this profitable fintech unicorn is poised to make credit access easier for consumers. And with the launch of two new products in the US, Lendable is certainly in a good position for more growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Mar 2022
$277.1m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Total funding: $286.9m
Company benefits
- 💸 Best-in-class compensation, including equity
- 🏥 Comprehensive private health insurance (including dental, optometry and general wellbeing)
- 🎊 Multiple opportunities to socialise with your team and the wider company
- 💻 Equipment provided for you to do your best work!
- 🏠 You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas (hybrid)
- 🍲 Our in-house chefs prepare fresh, healthy lunches in the office every Tuesday-Thursday
- 🚗 EV car scheme (Octopus)
- 🚲 Cycle to work scheme
- 🧮 Pension
- 🌴 25 days of annual leave - excluding bank holidays
- 🏋️♀️ 50% off gym memberships at Virgin Active and Nuffield (via Vitality health insurance)
Company HQ
London, UK
Articles
Leadership
Martin Kissinger
(Co-Founder & CEO)Studied Economics as an undergraduate at LSE before doing an MPhil at Oxford University. Worked as an Entrepreneur in Residence at Rocket in Berlin.
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