Product Manager, Lendable
Superapp
More information about location
3 days a week in office
Fintech Unicorn - Lending Platform
Job no longer available
Fintech Unicorn - Lending Platform
201-500 employees
Job no longer available
More information about location
3 days a week in office
201-500 employees
Company mission
To make consumer finance amazing: faster, cheaper and friendlier.
Role
Who you are
- 2+ years of work experience in product with a focus on building new products in an app environment and/or
- 2+ years banking / financial services, consulting or other fast-paced environmentsBonus points for working on apps/ ecosystems introducing new products (financial and non financial) targeted at improving loyalty and engagement
- Autonomy; you are comfortable managing a product linePrioritising product features independently
- Creating new features based on discussions and requirements from the wider business
- Running standups and weekly planning sessions with the engineering team
- Deep collaboration with other business teams, allowing you to make many small decisions that impact features within the product
- Engineering mindset so you’re able to optimise developer time for maximum business impact
- Identifying bottlenecks early and can work out the dependencies that may block the product development well ahead of time
- Leadership: as a PM, you contribute to the quarterly OKR process (together with the GPM) and do what it takes to deliver on them. You’re able to make tough decisions & trade offs - especially when faced with high ambiguity. You own these decisions but also course correct when needed. Through all this,you are always striving to build a High Performing Team and work with the team leadership to improve yourself, others and the team overall
- Problem-solving: consistently breaking down complex business problems into bite-sized chunks. Complex tasks don’t intimidate you and you are able to break down a complex problem into parts
- Analysis: you have experience with numerical analysis - at least excel, ideally some coding too. We will teach you the tools (SQL), but you need to feel very comfortable with numbers. You have used data to drive real-world actions
- Communication: you can communicate clearly and succinctly, orally and in writing; you enjoy a lively discussion. You effortlessly adjust your communication to suit your audience, from business owners to engineers. You don’t have a massive ego and you are happy to change your mind when presented with a good argument
- Collaboration: you have established close relationships with key stakeholders across core product teams, growth, engineering, data science, compliance, customer service and the operations leadership, allowing you to quickly assemble cross-functional teams for product delivery
- Working at speed: you make things happen and take responsibility for implementation and design decisions. You work at speed and enjoy a healthy dose of pressure
- Process management: a solid understanding of the software development life cycle and how the product can support each stage
- Agility; not just Agile (Scrum or Kanban would be nice) but adaptability to thrive in an unstructured, fast-moving and constantly evolving high-growth environment
What the job involves
- We’re looking for an experienced, smart and analytical person to be a Product Manager (PM), focussed on building out future monetisation products in our multiproduct app ecosystem
- You will report to Giulia (Group Product Manager) and will take day to day ownership of one of engineering squads
- You will be working alongside two other PMs to shape the product roadmap, own the product delivery and work hand in hand with various departments to prioritise projects according to their maximum impact. It is your job to break down complex tasks into bite sized deliverables
- It will be your job to test and build additional product offerings in the app, for both existing and new customers
- You will own the roadmap for our ancillary products and manage projects end to end, including:
- Shaping our mobile app experience to create a cohesive multi product ecosystem
- Informing our testing strategy and building new products in the app, taking into account any necessary improvements to our infrastructure to ensure our principles of resilience and excellence are maintained on the platform
- Working closely with the research & growth teams to inform what products to build next. This relies on a continuous test and learning structure, trying out new value propositions and iterating quickly to understand what creates most customer and business value, then optimise and improve those journeys
- Defining the product strategy, shipping features, and bug fixing across the app
- Testing, measuring and optimising the impact of new releases, design and execution of experiments (incl. messaging / copy, the best time to send customers notifications, emails, updates)
- Ensuring our customers’ needs are always at the heart of what we’re building
- Analysing quantitative and qualitative data to inform both strategic investments and prioritisation of the product backlog
- Working closely with the VP of strategy to identify the best new product propositions for our customer base
- Closely partnering with software engineers to define what is best way to implement a feature or answer a business query
- Influence the long term strategy for our UK app, working alongside our GPM and the Leadership Team
Application process
- CV screening
- A Quick introduction call with someone from the Talent Team
- A take-home exercise to complete in your own time + take-home debrief (via video)
- Final round: Interviews with the CPO & GPMVP of Strategy and a cultural interview with some wider team leads
Salary benchmarks
Our take
Lendable competes with banks, other marketplace lenders, and consumer finance companies to provide loans to consumers, small businesses, and property developers. Last year the UK marketplace lenders loaned £7.3bn in total.
Lendable believes it can win in this crowded field due to its market-best customer service and its strong financials. Unlike Zopa, RateSetter, or Lending Works, their funding comes from institutional investors.
It originates and services the loans on behalf of institutional investors, but does not hold them on its own balance sheet.
Growing insolvencies will worry all marketplace lending platforms, but Lendable looks well placed to weather any credit storm given their substantial debt financing.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
40% female employees
72% employee growth in 12 months
Company
Employee endorsements
Challenging work
"At Lendable I'm in a position to make decisions and engineer solutions on a product that's worth billions and growing all of the time. This brings..."
Funding (last 2 of 3 rounds)
Mar 2022
$266m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Total funding: $275.7m
Company benefits
- Cycle to Work scheme
- Onsite Yoga
- Lunch cooked by onsite chefs 3 times a week
- 25 days holiday (excl. bank holidays)
- Work from home opportunities on Monday and Friday
- Private Health Insurance (inclusive of dental and pre-existing conditions)
- Share Options for all Employees
- Regular team and company wide socials
- Pension
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.
Paul Pamment
(Co-Founder)Studied Mathematics at Oxford University before taking up technical roles at a handful of startups.
Jakob Schwarz
(Co-Founder)Worked as an Analyst at Goldman Sachs and then BCG before founding Lendable.
Victoria van Lennep
(Co-Founder)Worked as the Deputy Editor at the Economist before joining Martin Kissinger to co-found Lendable!
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