Novo · 2 hours ago
Senior Product Manager - Lending
United States
Full-time
Remote
Senior Level
$185K/yr - $225K/yr
5+ years expNovo is a company on a mission to revolutionize small business banking by providing modern tools and access to capital for entrepreneurs and SMBs. As the Lending Product Manager, you will lead the development of innovative credit products, focusing on the Merchant Cash Advance offerings while collaborating with various teams to ensure responsible lending experiences.
B2BBankingFinancial ServicesFinTech
Hiring Manager
Dr. Sithara BN (She/Her)
Responsibilities
Develop Product Vision and Strategy: Define and articulate the roadmap and vision for your product surface area, in alignment with company goals and market opportunities
Market Research: Perform deep customer and competitive analyses to uncover underserved needs and positioning advantages for Novo’s suite of products
Cross-Functional Leadership: Own end-to-end product execution, from requirements and wireframes to delivery and iteration, working closely with banking, engineering, design, compliance, finance, risk, commercial and marketing teams
Business Outcomes: Drive growth by defining KPIs, monitoring performance (e.g., adoption, utilization, total spend, yield, reward redemption), and continuously iterating based on insights
Qualification
Required
5-7+ years in product management, with a strong background (minimum 3+ years) in lending, credit risk, or capital markets
Familiarity with underwriting models and credit bureau and bank partner integrations
Experience structuring financial products with both customer and unit economics in mind
Company
Novo
Novo provides a digital banking platform for small business owners, entrepreneurs, and freelancers.
201-500 employees
H1B Sponsorship
Novo has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Growth StageTotal Funding
$295.6MKey Investors
Victory Park CapitalNotable CapitalStripes
2023-08-01Debt Financing· $125M
2022-11-22Series B· $35M
2022-01-11Series B· $90M
Leadership Team
J
Jackson Barnes
Chief Executive Officer
Tyler McIntyre
Founder
Recent News
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2024-11-20
Company data provided by crunchbase