prosper.com
Group Product Manager (Personal Loan)
prosper.com, San Francisco, California, United States, 94199
The Role
The Role
We are seeking a Group Product Manager with a passion for shaping the future of financial products. As Group Product Manager for Personal Loans, you'll lead the product strategy for our flagship product, while driving growth and launching innovations that expand our addressable market. You’ll lead a team of 2-3 product managers, coaching them toward data-driven roadmaps that balance long and short-term investments in the platform. Problems You Will Solve
Strategic Product Planning:
Collaborate with leaders in Marketing, Credit Risk, and Operations teams to formulate and execute a personal loan product strategy, meeting annual origination, engagement and retention targets Product Innovation:
Present compelling ideas for significant features, enhancements, and new product concepts, positioning Prosper as a market leader in guiding customers on their financial wellness journey Results-Driven Leadership:
Guide the team to achieve key results, emphasizing measurable business impact. Harness data and analytics to inform decisions and continually optimize product performance Customer-Centric Approach:
Cultivate a customer-first mindset, obsessively focusing on improving the Personal Loan application and servicing experiences Product Execution:
Oversee end-to-end launches of product initiatives, collaborating with cross-functional teams to ensure successful adoption Efficient Time-to-Market:
Contribute to the optimization of product development processes, reducing time-to-market for new product initiatives Team Performance and Growth:
Nurture a high-performance culture within the product team, fostering increased engagement, providing coaching, and supporting professional growth. Mentor team members to achieve both company and professional goals at Prosper About You
Bachelor's degree in business, finance, or a related field. MBA is a plus 8 - 12 years of outcome-driven Product Management or relevant experience, with a minimum of 5 years in the financial services industry, preferably in a fintech. Proven track record of 3+ years in successful people management, overseeing teams of 2 to 4 individuals Proven ability to inspire and lead teams, fostering a culture of accountability and achievement Strong strategic thinking and problem-solving skills with a focus on achieving measurable results Excellent communication skills, with the ability to articulate complex ideas and influence decision-making across all organizational levels Track record of collaborating closely with engineering teams using agile methodologies to ship product initiatives Proficient in data analysis, using insights to drive decision-making. Experience with product analytics tools (such as Heap, PostHog, BigQuery) Experience designing and analyzing A/B tests to optimize conversion funnels Ability to thrive in a fast-paced and dynamic environment, adapting strategies to meet evolving business needs What We Offer
The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people’s lives The opportunity to work in a fast-paced environment with experienced industry leaders Flexible time off, comprehensive health coverage, competitive salary, paid parental leave Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts $207,000 - $275,000 a year. Compensation details: The salary for this position is $207,000 - $275,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors. About Us Founded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea: connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than 2 million people gain access to affordable credit with over $27 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products including personal loans, credit, home equity lines of credit (HELOC), and our newest product, HELoan. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission. We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all! Our Values Diversity expands opportunities Collaboration creates better solutions Curiosity fuels our innovation Integrity defines all our relationships Excellence leads to longevity Simplicity guides our user experience Accountability at all levels drives results Prosper's careers page: www.prosper.com Applicants have rights under Federal Employment Laws. Family & Medical Leave Act (FMLA). Equal Employment Opportunity (EEO). Employee Polygraph Protection Act (EPPA). California applicants: notice regarding California Consumer Privacy Act (CCPA) rights is available at the Prosper privacy notice for applicants.
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The Role
We are seeking a Group Product Manager with a passion for shaping the future of financial products. As Group Product Manager for Personal Loans, you'll lead the product strategy for our flagship product, while driving growth and launching innovations that expand our addressable market. You’ll lead a team of 2-3 product managers, coaching them toward data-driven roadmaps that balance long and short-term investments in the platform. Problems You Will Solve
Strategic Product Planning:
Collaborate with leaders in Marketing, Credit Risk, and Operations teams to formulate and execute a personal loan product strategy, meeting annual origination, engagement and retention targets Product Innovation:
Present compelling ideas for significant features, enhancements, and new product concepts, positioning Prosper as a market leader in guiding customers on their financial wellness journey Results-Driven Leadership:
Guide the team to achieve key results, emphasizing measurable business impact. Harness data and analytics to inform decisions and continually optimize product performance Customer-Centric Approach:
Cultivate a customer-first mindset, obsessively focusing on improving the Personal Loan application and servicing experiences Product Execution:
Oversee end-to-end launches of product initiatives, collaborating with cross-functional teams to ensure successful adoption Efficient Time-to-Market:
Contribute to the optimization of product development processes, reducing time-to-market for new product initiatives Team Performance and Growth:
Nurture a high-performance culture within the product team, fostering increased engagement, providing coaching, and supporting professional growth. Mentor team members to achieve both company and professional goals at Prosper About You
Bachelor's degree in business, finance, or a related field. MBA is a plus 8 - 12 years of outcome-driven Product Management or relevant experience, with a minimum of 5 years in the financial services industry, preferably in a fintech. Proven track record of 3+ years in successful people management, overseeing teams of 2 to 4 individuals Proven ability to inspire and lead teams, fostering a culture of accountability and achievement Strong strategic thinking and problem-solving skills with a focus on achieving measurable results Excellent communication skills, with the ability to articulate complex ideas and influence decision-making across all organizational levels Track record of collaborating closely with engineering teams using agile methodologies to ship product initiatives Proficient in data analysis, using insights to drive decision-making. Experience with product analytics tools (such as Heap, PostHog, BigQuery) Experience designing and analyzing A/B tests to optimize conversion funnels Ability to thrive in a fast-paced and dynamic environment, adapting strategies to meet evolving business needs What We Offer
The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people’s lives The opportunity to work in a fast-paced environment with experienced industry leaders Flexible time off, comprehensive health coverage, competitive salary, paid parental leave Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts $207,000 - $275,000 a year. Compensation details: The salary for this position is $207,000 - $275,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors. About Us Founded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea: connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than 2 million people gain access to affordable credit with over $27 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products including personal loans, credit, home equity lines of credit (HELOC), and our newest product, HELoan. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission. We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all! Our Values Diversity expands opportunities Collaboration creates better solutions Curiosity fuels our innovation Integrity defines all our relationships Excellence leads to longevity Simplicity guides our user experience Accountability at all levels drives results Prosper's careers page: www.prosper.com Applicants have rights under Federal Employment Laws. Family & Medical Leave Act (FMLA). Equal Employment Opportunity (EEO). Employee Polygraph Protection Act (EPPA). California applicants: notice regarding California Consumer Privacy Act (CCPA) rights is available at the Prosper privacy notice for applicants.
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