[Remote] Senior Product Manager (Payments Experience) at Lendbuzz

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

5+ years of experience in Product Management or similar roles within financial services teams, with specific experience in lending and loan servicing operations
Auto lending experience is strongly preferred
Knowledge of banking integration and payment processing including ACH, NACHA processing, and various payment channels, with experience maintaining and introducing new payment methods
Experience with financial compliance frameworks (TILA, Reg B, UDAAP, CFPB regulations, SCRA adjustments) and understanding of regulatory requirements for loan servicing
Strong project management skills, with a keen attention to detail and ability to manage projects of varying sizes and scopes
Experience in designing and delivering product integrations, including working with APIs
In-depth knowledge of Scrum, Kanban, or other agile software development methodologies
Proven ability to scope and author comprehensive business and technical product requirements
Proven ability to prioritize and manage multiple complex work streams simultaneously, ensuring efficient and effective performance

Responsibilities

Collaborate with internal and external customers to understand the problems and develop insights, and translate those findings into new product innovations
Partner closely with engineering to drive the creation, planning, prototyping, and development of products and features in support of key product metrics and goals
Foster strong relationships with subject matter experts, analysts, data scientists, and technology teams across Lendbuzz
Own, prioritize and maintain the product backlog
Analyze and articulate insights from data to inform product roadmap decisions and drive alignment across functions and senior leadership
Break down features into detailed stories and acceptance criteria that can be executed by an agile team
Find ways to deliver value incrementally
Effectively communicate to a wide business audience project status and post-launch measurement of progress
Collaborate closely with the Finance and Accounting teams on daily and month-end reporting, reconciliation processes, and ensuring accuracy across complex financial data models

Skills

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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