VP, Product Management – Core Lending

This is a fully remote position, open to applicants in United States.

📋 Description

• Act as the general manager for Kapitus’ primary lending products, such as term loans and lines of credit.

• Oversee and manage product profitability, revenue and cost elements, product strategy, go-to-market initiatives, and overall outcomes.

• Monitor performance metrics, enhance unit economics, and report monthly business performance to executive leadership.

• Identify performance discrepancies against competitive benchmarks and develop investment cases.

• Collaborate with Finance on product-level profit and loss models.

• Establish go-to-market strategies, positioning, pricing, channel strategies, and promotional offers.

• Lead the launches of product features, enhancements to underwriting, and market expansions.

• Conduct quarterly competitive intelligence analyses and convert findings into actionable product recommendations.

• Define and present a rolling 12–18 month product vision for the Line of Credit and Term Loan offerings.

• Convert product vision into a prioritized roadmap in coordination with Product Delivery.

• Identify opportunities for AI and machine learning to enhance decision-making, underwriting, offers, and borrower communications.

• Ensure that the roadmap aligns with regulatory and compliance standards.

• Directly lead, recruit, develop, mentor, and evaluate a team of Product Managers.

• Oversee team performance, compensation, career development, and succession planning.

• Collaborate with Product Delivery, Risk, Finance, Sales, Operations, Compliance, Legal, HR, and executive leadership.

⛳️ Requirements

• 8–12+ years of experience in Product Management with a proven track record of full product P&L ownership in a fintech, banking, or lending context.

• Experience leading multi-product portfolios at the Director or VP level is essential.

• Demonstrated success in owning and enhancing approval rates, conversion rates, renewal rates, LTV, cost per acquisition, and financial business cases.

• In-depth understanding of small business or consumer lending economics.

• Experience managing go-to-market strategies for financial products, including pricing, channel strategies, launch planning, and competitive positioning.

• Background in a regulated financial services environment.

• Familiarity with UDAAP, fair lending regulations, adverse action notifications, and CFPB guidelines as they pertain to small business lending.

• Experience working within or alongside an Agile Product Delivery framework.

• Understanding of the distinction between Product Owner and Product Manager roles.

• Capability to present product strategies, competitive analyses, and business cases to executive leadership.

• Ability to lead and develop Product Management teams and influence cross-functional partners without direct authority.

🏝️ Benefits

• Eligibility for annual incentive compensation of up to 20% per year.

• Comprehensive medical, dental, and employer-paid vision plans provided by UnitedHealthcare.

• UHC perks, including Sweat Equity, Calm App subscription, UHC rewards, Real Appeal, and Quit For Life.

• Flexible Spending Account for qualified medical, dental, vision, pharmacy, and dependent care expenses.

• Lifestyle Spending Account for expenses related to physical, mental, and financial well-being.

• Company-paid short-term and long-term disability insurance.

• Voluntary supplemental life insurance and enhanced disability coverage options.

• Colonial Accident and Hospitalization insurance options available.

• Company-paid maternity and parental leave.

• Pre-tax commuter benefits.

• LifeBalance membership providing discounts on outdoor activities, arts, health, and fitness.

• Discounts on pet and car insurance.

• LegalShield financial services offered.

• Tools for relaxation and stress management.

• Plum Benefits discounts on shows, travel, car rentals, and more.

• Up to $5,000 annually in tuition reimbursement.

• Access to relevant conferences and career development events.

• Travel reimbursement for work-related travel.

• Paid time off and sick leave.

• 401(k) plan through Fidelity with a 25% match on contributions, up to 6% of annual salary.