Lendio

Senior Product Designer

Lehi, Utah, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Senior Product Designer

Employment Type: Full-time

Position Overview

Lendio, a Lehi, Utah-based fintech company, is seeking a Senior Product Designer to enhance the differentiation of its software products within the financial services industry. We aim to disrupt user experience in this sector and are committed to investing in this competitive advantage. Lendio empowers small businesses by simplifying access to capital through a curated marketplace of lenders and is expanding its offerings to include software solutions for banks, credit unions, and other organizations serving small businesses.

Responsibilities

  • User Research: Participate in strategic direction, conduct contextual inquiry, develop JTBD/personas, and perform usability testing, adhering to best principles and practices from Cooper to Lean UX.
  • Rapid Prototyping: Lead the design of every feature, from early research to iterative development, and contribute to or help manage the design system.
  • Driving Results: Be accountable for the qualitative and quantitative results of your designs, actively participating in strategy rather than simply handing off work.
  • Team Building: Influence other designers and help establish standards, processes, and culture within a startup environment within a larger company.

What We're Offering

  • Purpose: Contribute to helping Main Street America fulfill their dreams and positively impact communities and the economy.
  • Team: Work with exceptionally talented engineers who consistently deliver.
  • Freedom: Enjoy the autonomy to fully engage in your craft and implement UX processes and practices.
  • Expectations: Solve challenging problems and demonstrate the value of your work. We expect you to build a powerful portfolio showcasing not only design and process but also undeniable user value and revenue impact.
  • Compensation: Competitive salary and benefits. Lendio is a stable company with a long-term vision.

Compensation & Benefits

  • Pay Range: Competitive
  • Benefits:
    • Be part of a high-performing, collaborative team with a fun work environment.
    • Competitive pay.
    • A full suite of traditional benefits.
    • Untracked PTO (Paid Time-off).
    • 401(k) with company match.
    • Company-contributed HSA.
    • Onsite gym and standing desks.
    • Wellness program.
    • Discounted cellular plans.

Company Information

Lendio is the nation’s leading small business financial solutions provider, dedicated to helping small businesses survive and thrive. Through its extensive network of lenders, Lendio allows small business owners to apply for multiple financing options with a single application. Beyond facilitating access to capital, Lendio provides time-saving financial SaaS products designed to streamline business operations.

Lendio is a mission-driven organization committed to providing equal access to capital for underserved communities and America’s smallest businesses. Through Lendio Gives, our employee-contribution and employer-matching fund in partnership with KIVA, we provide microloans to low-income entrepreneurs for every new marketplace loan facilitated.

Skills

Product Design
User Research
Prototyping
Usability Testing
Lean UX
Design Systems
User Experience (UX)
Fintech

Lendio

Marketplace connecting small businesses with lenders

About Lendio

Lendio helps small businesses in the United States secure loans by acting as a marketplace that connects them with various lenders, including banks and credit unions. Business owners can fill out a single online application to access multiple loan options, such as SBA loans, term loans, and lines of credit, which saves time and increases their chances of finding suitable funding. Lendio earns money through referral fees paid by lenders when a loan is successfully funded, aligning their interests with those of their clients. By simplifying the loan application process and providing educational resources, Lendio aims to support small businesses in obtaining the financing they need for growth and sustainability.

Lehi, UtahHeadquarters
2011Year Founded
$78.8MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Risks

Increased competition from AI-powered lending platforms threatens Lendio's market share.
Pressure to streamline application processes may increase operational costs.
High interest rates from online lenders could deter small businesses from Lendio.

Differentiation

Lendio offers a single application for multiple loan options, saving time.
Their platform connects small businesses with a wide range of lenders.
Lendio's revenue model aligns with client success, earning through referral fees.

Upsides

Growing demand for digital lending platforms boosts Lendio's market potential.
Expansion opportunities in top-ranked business states like Florida and Texas.
Potential to capture market share from traditional banks struggling with small loans.

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