Principal Product Manager, Short Term Credit
Company details
Company: Possible Finance
Job type: Remote
Country: Germany
City: Berlin
Experience: 4 years or more
Description of the offer
We’re on a mission to make financial health possible for anyone, and to do so, we’re building a new type of consumer finance company. As a Public Benefit Corporation, our mission drives everything we do.
We’re looking for a seasoned product leader to oversee the Short-Term Credit Team at Possible. In this role, you’ll serve as the owner of
- Our best-in-class short-term loan serves hundreds of thousands of customers as an alternative to payday loans that trap customers in the debt cycle
- Our recently launched cash advance products strive to help address customers’ short-term access needs between paychecks
This senior, principal-level, product leader will have a deep understanding of what it takes to drive a consumer credit business forward while partnering effectively with our compliance, ops, bizops, data science, credit risk, design, and engineering teams.
What you’ll do
- Lead the “Access” product suite, optimizing the acquisition and repayment experiences to help address customer liquidity needs and ensure success in repayment
- Drive expansion and growth opportunities for the products, launching in new states and expanding on the overall product strategy of our flagship products
- Create and execute a product roadmap that sets Possible up for long-term success, delivers compelling customer experiences, and achieves business results
- Communicate our product strategy, product health, business results, customer insights, etc., to Possible’s Leadership Team and the company (i.e., at all hands) consistently
- Partner with Loan Operations and LMS product counterparts, Legal & Compliance, Data Science, Risk, and Customer Operations to manage state-level audits, health checks, and reviews with our banking partners
- Increase the efficacy of our product development processes by introducing industry best practices
What you’ll bring
- 8+ years of Product Management experience in financial services or fintech with a deep understanding of consumer credit
- A balance of customer focus and technical and data prowess – diving deep into critical systems while thinking broadly about product strategy and the customer experience
- Strong reputation for managing the product development processes with discipline and efficiency
- Deep sense of ownership and accountability for both the failures and successes of a product, with equally well-developed problem-solving skills to calmly tackle any challenge
- High comfort working in a fast-paced environment (preferably through experience in one or more start-ups)
- Ability to translate customer insights into product features and coherently communicate context and detailed requirements to Engineers and Product Designers
- Strong project management experience; must have the capability to spot and remove dependencies across functions and help the team execute with speed and efficiency
- Proven success in working within industry regulations while delivering creative solutions
- Passion for serving customers and driving positive societal change
This is a Hybrid position. We work in the office three days a week, and our office is centrally located in downtown Seattle.
The compensation range for this role is $208,600 to $220,200. We also offer significant stock options, comprehensive benefits, a bonus plan, commuter benefits, and an excellent office space with complimentary drinks and food options.
Location of employment
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