Job Description

The Role:

As a Senior Product Manager for Personal Loans at Prosper, you will drive growth and customer acquisition by executing a comprehensive product strategy and managing product roadmaps. You will design innovative strategies to ensure a balanced marketplace between borrower and investor demands. You will conduct market research and competitive analysis with the UX and Product Analytics teams, presenting ideas for product enhancements. Leveraging data analytics, you will monitor performance, identify improvements, and report key metrics.

Fostering a customer-first mindset, you will focus on building a best-in-class customer experience. Collaboration with cross-functional teams such as UX, Engineering, Product Analytics, Credit Risk, Marketing, Operations, and Capital Markets is essential for scalable product innovation. You will engage with key stakeholders, including executive leadership, to communicate product vision, strategy, and performance, ensuring compliance with financial regulations and industry standards.

Problem You Will Solve:

• Results-Driven Execution: Drive implementation processes to achieve key outcomes, focusing on tangible results and meaningful business impact.
• Strategic Contribution: Contribute to the development and refinement of the personal loan product vision and strategy, ensuring alignment with business objectives and market needs.
• Servicing Execution: Implement the transformation of the servicing experience, taking ownership of success metrics and ensuring a seamless rollout.
• Product Launches: Execute end-to-end product launches efficiently, collaborating with cross-functional teams for successful market entry and adoption.
• Collaborative Implementation: Work closely with cross-functional teams to effectively execute product strategies and achieve desired outcomes.
• Continuous Improvement: Identify and implement process enhancements to improve efficiency and effectiveness in product implementation.
• Data-Driven Decisions: Utilize data and analytics to guide implementation decisions and continually optimize product performance.
• Stakeholder Alignment: Ensure alignment with stakeholders on outcome expectations and maintain consistent communication on progress.
• Business Case Development: Contribute to developing compelling business cases, outlining the value proposition, market opportunity, and ROI for proposed product initiatives.

About You:

• Education: Bachelor’s degree in business, finance, or related fields. MBA is a plus.
• Experience: 5–10 years of outcome-driven Product Management or relevant experience. Previous experience in a fintech industry and exposure to working in marketplace platform preferred. Track record of defining and launching outstanding consumer-facing products.
• Extreme Ownership: Demonstrated extreme ownership of business goals, with a commitment to hitting key performance metrics quarterly.
• Growth Strategy Experience: Prior experience ideating, crafting, managing, and delivering growth strategies, with a proven ability to identify opportunities and lead product experiments.
• Analytical Skills: Proficient in data analysis, using insights to drive decision-making and achieve desired outcomes.
• Communication Skills: Excellent communication skills, adept at articulating complex ideas to diverse stakeholders, including leadership and executive teams.
• Leadership Skills: Proven ability to inspire your squads and foster a culture of accountability and achievement.
• Strategic Thinking: Strong strategic thinking and problem-solving skills focused on achieving measurable outcomes.
• Innovative Thinking: Demonstrated ability to innovate and generate ideas to drive product advancement.
• Project Management Skills: Excellent project management skills, focused on delivery and action oriented.

What We Offer:

• The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives.
• The opportunity to work in a fast-paced environment with experienced industry leaders.
• Flexible time off, comprehensive health coverage, competitive salary, paid parental leave.
• Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts.
• A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts.

$165,000 - $227,000 a year

Compensation details: The salary for this position is $165,000 - $227,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.

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About Us:

Founded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea: connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than 2 million people gain access to affordable credit with over $28 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products including personal loans, credit, home equity lines of credit (HELOC), and our newest product, HELoan. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission.

We’re on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that’s democratizing finance for all!

Our Values:

Diversity expands opportunities

Collaboration creates better solutions

Curiosity fuels our innovation

Integrity defines all our relationships

Excellence leads to longevity

Simplicity guides our user experience

Accountability at all levels drives results

Applicants have rights under Federal Employment Laws.

California applicants: please click here to view our California Consumer Privacy Act (“CCPA”) Notice for Applicants, which describes your rights under the CCPA:

At Prosper, we're looking for people with passion, integrity, and a hunger to learn. We encourage you to apply even if your experience doesn't precisely match the job description. Your unique skill set and diverse perspective will stand out and set you apart from other candidates. Prosper thrives with people who think outside of the box and aren't afraid to challenge the status quo. We invite you to join us on our mission to advance financial well-being.

Prosper is committed to an inclusive and diverse workplace. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law, including the San Francisco Fair Chance Ordinance. Prosper will consider for employment qualified applicants who are non-US citizens and will provide green card sponsorship.

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