Forward Financing

Sr. Product Manager

British Columbia, Canada

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

Requirements

Candidates should possess a Bachelor's degree in Finance, Accounting, Business, or a related field, and at least 5 years of progressive experience in Product Management or Business Analysis within the FinTech or Financial Services industry. They should demonstrate expertise in cash management products and the ACH payment industry, including a strong understanding of clearing systems, regulatory frameworks, and risk management pertaining to US ACH processing. Exceptional written and oral communication skills are required, along with the ability to effectively communicate complex technical and business concepts to diverse stakeholders.

Responsibilities

The Senior Product Manager will define and drive the quarterly product roadmap for money movement technologies, including ACH credit and debit processing, collaborating with cross-functional teams. They will serve as the primary Subject Matter Expert (SME) for ACH payment systems and processes, providing guidance and insights. The role involves overseeing the company's financial data integrity and calculation processes, becoming a SME in financial metrics and reporting capabilities, and supporting new financial reporting requirements. Additionally, the Senior Product Manager will translate business requirements into product specifications, manage vendor relationships, and oversee the end-to-end product development process from conception to launch, ensuring timely execution and high-quality delivery of new features.

Skills

Financial services technology
Payment ecosystems
ACH payments
Financial data integrity
Financial metrics and reporting
Project management
Cross-functional collaboration
Vendor management

Forward Financing

Provides fast funding solutions for small businesses

About Forward Financing

Forward Financing offers fast and flexible funding solutions to small businesses in the United States, focusing on those who may not qualify for traditional bank loans. Their main product is a merchant cash advance, which provides a lump sum of cash in exchange for a percentage of future sales, allowing for quick funding often within 24 hours. Unlike traditional lenders, Forward Financing operates in the alternative lending space, providing a more accessible application process, though at higher fees due to the increased risk. The company's goal is to support small business growth by offering reliable funding while adhering to high ethical standards.

Boston, MassachusettsHeadquarters
2012Year Founded
$365MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Parental Leave
Wellness Program
Professional Development Budget
Flexible Work Hours
Remote Work Options

Risks

New fintech startups in Boston may challenge Forward Financing's market share.
CEO Jason Mullins' strategic shifts could disrupt operations or alienate clients.
Expansion of $450 million credit facility may increase financial risk if not managed well.

Differentiation

Forward Financing offers fast, flexible funding with approvals within minutes.
The company has provided over $1.9 billion to 45,000 small businesses since 2012.
Forward Financing is A+ rated by the Better Business Bureau and has a 4.9-star Trustpilot rating.

Upsides

Increased demand for alternative lending boosts Forward Financing's market potential.
AI and machine learning enhance Forward Financing's risk assessment and underwriting processes.
Digital-first financial services trend aligns with Forward Financing's online application model.

Land your dream remote job 3x faster with AI