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Alt · 1 month ago

Senior Product Manager- Credit, Cash Advance & Lending

New York, NY

Full-time

Onsite

Senior Level

$170K/yr - $180K/yr

5+ years exp

Alt is unlocking the value of alternative assets, starting with the $5 B trading-card market. They are seeking a Senior Product Manager to own the full credit system end-to-end, focusing on underwriting logic, risk thresholds, and operational workflows linked to cash advances and lending products.

FinanceFinancial ServicesFinTechLendingMarketplace

Responsibilities

Own underwriting logic for both cash advances and loans

Partner with Data Science to refine model thresholds, LTV caps, expected-loss calculations, and override rules

Improve calibration between expected loss (EL) and actual portfolio performance

Ensure decisioning is fast, consistent, and scalable across asset categories

Own the borrower UI/UX end-to-end: application → offer → funding → repayment

Improve clarity, trust, and ease-of-use in the borrowing experience

Reduce friction and increase completion rates for both cash advances and loans

Develop features that encourage responsible, repeat borrowing

Monitor loss rates, delinquency, utilization, and customer repayment behavior

Work with Finance to maintain healthy margins and capital efficiency

Implement guardrails that reduce adverse selection and improve overall risk quality

Build dashboards and reporting that clearly communicate model health

Own CX/Ops flows related to funding, repayment, manual review, and exceptions

Reduce operational overhead through automation and clear logic pathways

Ensure operational processes scale with volume while maintaining strong controls

Build and own the quarterly roadmap for cash advances and lending

Align Engineering, Data Science, CX, Finance, Compliance, and Marketplace Ops

Communicate priorities clearly and drive disciplined, cross-functional execution

Qualification

Credit Decisioning EngineUnderwriting LogicExpected-Loss ModelingRisk ManagementUI/UX DesignData Science CollaborationPortfolio Performance MonitoringCross-Functional CommunicationProduct ManagementOperational Workflows