Vice President of Product Management & User Experience, Prosper Marketplace
$311-388k
Plus bonus
2 days a week in office
Online P2P lending marketplace
Open for applications
Online P2P lending marketplace
201-500 employees
Open for applications
$311-388k
Plus bonus
2 days a week in office
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Role
Who you are
- Executive Leadership: 10+ years of experience in Product, with at least 5 years at a VP or Director level. Proven success managing a combined organization of Product, Design, and Data/Analytics professionals
- Growth Scaling: A track record of driving significant revenue growth (e.g., scaling from $200M to $500M+) through data-led product development
- FinTech & Regulatory Mastery: Deep understanding of the credit lifecycle, personal loans, and credit card portfolios, including a working knowledge of compliance (FCRA, ECOA, etc.)
- Analytical Powerhouse: Advanced proficiency in product analytics frameworks (A/B testing, cohort analysis, LTV modeling) and experience working with modern data stacks
- Design Sensibility: A strong advocate for UX best practices and design thinking; you understand that in FinTech, "trust" is built through seamless and transparent user interfaces
- Marketplace Dynamics: Experience managing complex, dual-sided ecosystems where user experience and financial risk must be balanced perfectly
- Strategic Communication: The ability to present a unified product and data narrative to the Board of Directors, ensuring alignment between technical output and business outcomes
- Academic foundation: A Bachelor’s degree in a technical, analytical, or business-related discipline; a Master’s degree or MBA is preferred
What the job involves
- At Prosper, our mission is to Advance Financial Well-Being. As the Head of Product Management & User Experience, you aren't just managing a roadmap; you are the architect of the financial tools that help everyday people gain control over their futures
- By overseeing Product Management, UX Design, and Product Analytics, you will ensure our personal loan marketplace and burgeoning credit card portfolio are built on a foundation of deep user empathy and rigorous data integrity
- In this role, you carry the torch for our mission, turning abstract financial goals into tangible, high-performing products that empower our customers
- Unified Product Strategy: Define and execute a multi-year roadmap that scales our core lending products and credit card portfolio, ensuring a cohesive experience across all touchpoints
- Data-Driven Innovation: Lead the Product Analytics and Data Science function to transform raw data into actionable insights, driving experimentation, optimizing unit economics, and predicting customer behavior to hit our revenue and profit targets
- Design Excellence: Oversee the UX and Design organization to ensure Prosper’s products are intuitive, accessible, and emotionally resonant, reducing friction in the borrowing and investing journeys
- Cross-Functional Partnership: Partner closely with Engineering, Risk, Compliance and Marketing to ensure products are not only innovative and user-friendly but also secure and compliant with the regulated fintech industry
- Full-Funnel Optimization: Work with Engineering and Marketing to manage the end-to-end user lifecycle, using analytics to identify drop-off points and UX to solve them
- Marketplace Equilibrium: Optimize the delicate balance between borrowers and investors by leveraging sophisticated data modeling to ensure liquidity and satisfaction on both sides of our marketplace
- Interdisciplinary Leadership: Build and mentor a high-performing, outcome focused team of Product Managers, Designers, and Analysts, fostering a culture of cross-functional collaboration, with "extreme ownership."
- Compliance & Integrity: Ensure that all design and data practices meet the rigorous regulatory standards of the FinTech industry while maintaining the highest level of consumer trust
- Reporting to the CEO and working in close alignment with the President & CFO, CTO, and General Counsel, you will translate Prosper’s business vision into a high-impact technical roadmap that ensures every product initiative drives our financial and strategic goals
- You will collaborate daily with the Heads of Marketing, Credit, and Operations to deliver a seamless borrower and investor experience
- You will mentor and empower a high-performing organization of 35+, driving product excellence and innovation through your leadership of the Sr. Director of Product Management, the Sr. Director of Product Conversion & Analytics, and the Sr. Director of User Experience
Our take
Prosper is a peer-to-peer lending platform that connects investors with borrowers directly. When it launched in 2005, it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle and LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated billions in loans to over two million borrowers.
In more recent years, Prosper has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company. It continues to develop its offering and remains a force in the market, with no reason to believe it won't continue to succeed.
Freddie
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
Company benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company HQ
Financial District, San Francisco, CA
Leadership
David Kimball
(Chairman & CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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