Lendbuzz

Lead Product Manager - Verifications

Remote

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Lead Product Manager - Verifications

Employment Type: Full-Time Salary: $170,000 - $190,000 a year

Position Overview

At Lendbuzz, we are dedicated to creating a more personalized and fair financial landscape through innovative technology. We empower underserved and overlooked borrowers with improved access to credit. Our company culture is built on a strong belief in diversity, valuing independent and critical thinking.

We are seeking an experienced Lead Product Manager to spearhead our Verifications function. This pivotal role involves overseeing all verifications within our loan origination process. You will be responsible for developing scalable solutions that boost internal efficiencies and enhance operational workflows for credit decisioning. This is a hands-on leadership position requiring both strategic foresight and tactical execution, managing cross-functional teams to innovate and improve our verification systems.

The posted salary range represents base salary. Total compensation includes an annual performance bonus and equity.

Key Responsibilities

  • Lead Product Strategy & Execution: Own the strategy and execution for Credit Verifications, AI Verifications, and Fraud.
  • Workflow Development: Partner with internal teams to develop scalable underwriting workflows that enhance internal efficiencies and real-time decisioning for our customers.
  • Automation Initiatives: Work collaboratively with AI/ML teams to rapidly drive automation initiatives.
  • Product Lifecycle Management: Manage strategic leadership with hands-on product execution, working across the product lifecycle to deliver impactful solutions.
  • Team Management & Mentorship: Oversee Product Managers, driving the design and development of internal platforms supporting verification processes. Mentor senior and junior PMs, fostering a high-performance culture.

Key Requirements

  • Experience: 10+ years in a product role or similar, with at least 3-5 years of experience leading teams of PMs or senior PMs.
  • Leadership & Execution: Proven ability to lead, execute, and manage both the strategic and tactical aspects of product development.
  • Workflow & Systems Expertise: Demonstrated experience in managing complex workflows, particularly in underwriting, and building scalable systems that improve internal efficiencies.
  • Startup Experience: Experience in rapid-growth startups is a significant plus.
  • Platform Development: Experience building and scaling internal platforms or similar products.

About Lendbuzz

We believe:

  • Diversity is a competitive advantage. We celebrate our differences and are stronger with a variety of experiences, viewpoints, and backgrounds.
  • Compassion is a strength. We care about our customers and aim to build long-term relationships.
  • Simplicity is a key feature. We strive to make our forms and processes as painless and intuitive as possible.
  • Honesty and transparency are non-negotiable. These traits guide all our interactions.
  • Financial opportunity belongs to everyone. We work daily to improve lives by extending this opportunity.

If you share these beliefs, we encourage you to apply!

Skills

Product Management
Credit Verifications
AI Verifications
Fraud
Underwriting Workflows
AI/ML
Product Lifecycle Management
Team Leadership
Mentoring

Lendbuzz

Provides auto loans for international students

About Lendbuzz

Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.

Boston, MassachusettsHeadquarters
2015Year Founded
$246.1MTotal Funding
LENDING_CAPITALCompany Stage
Automotive & Transportation, FintechIndustries
201-500Employees

Benefits

Dental & health insurance
401(k)
Company outings
Fitness center
Unlimited PTO
Stocked kitchen
Company issued hardware
Cool swag
Flexible working hours

Risks

Increased competition from similar fintech companies could erode Lendbuzz's market share.
Potential regulatory scrutiny on AI models may increase compliance costs.
Economic downturns could impact demand for auto loans, affecting Lendbuzz's revenue.

Differentiation

Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.
The company targets international students and immigrants, a niche underserved by traditional lenders.
Lendbuzz partners with auto dealerships to offer seamless financing solutions.

Upsides

Lendbuzz secured $100M from Japan's largest bank, enhancing its financial stability.
The U.S. auto loan market growth benefits Lendbuzz's specialized services.
Increased adoption of digital lending aligns with Lendbuzz's user-friendly application process.

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