Mission Lane

Senior Product Manager, Customer Payments

United States

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

Senior Product Manager - Payments

Position Overview

Mission Lane is combining the power of data, technology, and exceptional service to pave a clear way forward for millions of people on the path to financial success. By attracting top talent and leveraging cutting-edge technology, we’re enabling people to unlock real financial progress.

The Impact You'll Make

Mission Lane is looking for a driven Senior Product Manager to significantly enhance the customer payments journey. This role is crucial for optimizing the customer experience, fostering continuous financial progress, increasing customer satisfaction, and improving cure rates, all while mitigating late payments and reducing charge-off risk. The ideal candidate will be a strategic thinker capable of leveraging the payments journey in innovative ways.

As a member of our product team, you will be immersed in a culture of continuous discovery, testing, and learning. Your primary responsibilities will include shaping the product roadmap and delivering impactful results. You will work closely with various teams throughout the organization, including Customer Operations (Servicing, Collections, Fraud), Engineering, Data, and Customer Insights, to gain insights into priorities, universal capability needs, and competitive advantages. Collaboration is key in this role. This opportunity is tailor-made for you if you are looking to make a significant and lasting impact.

Responsibilities

As the Senior Product Manager, you will be:

  • A thought leader for the company -- and outside the company -- innovating and driving exceptional experiences for our customers.
  • A critical part of the Product and Customer Management teams, building out the strategy and roadmap.
  • Creative and driven to achieve results through outside-the-box thinking.
  • Driving results focused on quality customer experience, the growth of our business, operational efficiency, and risk mitigation.
  • Working closely with stakeholders to deliver in a high-quality and high-impact manner.
  • Passionate about delivering fair and clear credit to our customers.
  • Flexible enough to cross traditional job definition lines (we're a young company, so you will wear more than just a PM hat).

Minimum Qualifications

  • 5+ years of Product Management experience, managing technical software products from ideation to rollout and continuous optimization.
  • Experience defining and influencing roadmaps which optimize enterprise value against customer, business, and technology problems.
  • A strong bias toward action and a proven track record of delivering minimum viable products to market at rapid speed.
  • Persistence and creative ‘get it done’ approach to ensure successful outcomes for your product, our customers, our employees, and our company.
  • Willingness to take big swings which can (and should!) have massive impacts on our trajectory.
  • Excellent communication skills to lead and inspire teams and leadership.
  • A structured problem-solving approach to help a team work through a wide range of issues.
  • Intellectual curiosity for emerging technologies and engineering challenges.
  • Ability to actively seek out multiple opinions, yet make independent decisions and influence positive outcomes.
  • Experience working to deepen relationships with our existing customers by improving payment and cure rates through test and learn while optimizing communication and experience strategies.

Bonus Points For

  • Experience in the fintech industry or payments / collections space.

Compensation

  • Annual full-time base salary range: $130,000 - $152,000
  • Additional compensation in the form(s) of participation in our annual incentive program and equity are dependent on role.
  • Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role.
  • Mission Lane also offers a comprehensive benefits plan, which includes paid time off, 401(k) match, a monthly wellness stipend, health/ dental/ vision insurance options, disability coverage, paid paren...

Skills

Product Management
Customer Experience
Roadmap Development
Data Analysis
Risk Mitigation
Stakeholder Management
Payments

Mission Lane

Provides transparent credit solutions and education

About Mission Lane

Mission Lane LLC offers credit cards designed to help individuals build or rebuild their credit, particularly those with limited credit history or financial setbacks. Their products feature no hidden fees, no security deposits, and instant approval decisions, making them more accessible than traditional credit cards. The company stands out by providing free access to credit scores and educational resources, helping clients improve their creditworthiness. Mission Lane's goal is to promote responsible credit use by rewarding good financial behavior with higher credit limits over time.

Richmond, VirginiaHeadquarters
2018Year Founded
$687.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Full health, dental, and vision benefits
FSA
Paid parental leave
401k with company match
Generous PTO
Flexible work schedule

Risks

Increased competition from fintechs could erode Mission Lane's market share.
Economic downturns may lead to higher default rates, impacting profitability.
Rapid tech advancements require continuous updates, straining Mission Lane's resources.

Differentiation

Mission Lane offers credit cards with no hidden fees or security deposits.
Instant credit card application decisions reduce customer anxiety and waiting times.
Partnership with Plaid enhances access to over 7,000 financial apps and services.

Upsides

Recent $150 million investment supports aggressive expansion and product development.
Credit Builder Account offers unique value with no fees or interest for credit improvement.
Brandon Black's appointment as CEO brings strategic growth and operational excellence.

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