Lendbuzz

Lead Product Manager - Verifications

Remote

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

Requirements

The ideal candidate will have 10+ years in a product role, with at least 3-5 years of experience leading teams of product managers or senior product managers. Proven experience in managing complex workflows, especially in underwriting, and building scalable systems that improve internal efficiencies is required. Experience in rapid-growth startups and building/scaling internal platforms or similar products are considered major pluses.

Responsibilities

The Lead Product Manager will oversee all verifications in the loan origination process, ensuring the development of scalable solutions that drive internal efficiencies and improve operational workflows for credit decisioning. This role involves leading a team of Product Managers, owning the strategy and execution of Credit Verifications, AI Verifications, and Fraud. They will partner with internal teams to develop scalable underwriting workflows, work collaboratively with AI/ML teams to drive automation initiatives, and manage strategic leadership with hands-on product execution across the product lifecycle. Additionally, the Lead Product Manager will oversee PMs, drive the design and development of internal platforms that support verification processes, and mentor senior and junior PMs to foster a high-performance culture.

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.

Land your dream remote job 3x faster with AI