Principal Product Manager, Short Term Credit

We’re on a mission to help our customers and their communities unlock economic mobility for generations to come. Join the team that’s making our goal a reality.

At Possible, we’re building a new type of consumer finance company. One that helps our customers stay out of debt rather than profit from them staying in it. As a Public Benefit Corporation, it is our mission and responsibility to help communities unlock economic mobility through affordable credit products crafted to improve financial health.

Founded in 2017, our lead VCs are Canvas and Union Square Ventures. We have over 100,000 reviews on the App Store with a 4.8-star average rating.

Since our founding, we have redefined how people approach small-dollar loans—delivering over $1 billion in funding to more than 1 million customers, issuing over 4 million loans, and saving our customers more than $500 million.

Job Description

We’re on a mission to make financial health possible for anyone, and to do so, we’re building a new type of consumer finance company. As a Public Benefit Corporation, our mission drives everything we do.

We’re looking for a seasoned product leader to oversee the Short-Term Credit Team at Possible. In this role, you’ll serve as the owner of

1. Our best-in-class short-term loan serves hundreds of thousands of customers as an alternative to payday loans that trap customers in the debt cycle
2. Our recently launched cash advance products strive to help address customers' short-term access needs between paychecks

This senior, principal-level, product leader will have a deep understanding of what it takes to drive a consumer credit business forward while partnering effectively with our compliance, ops, bizops, data science, credit risk, design, and engineering teams.

What you’ll do

• Lead the “Access” product suite, optimizing the acquisition and repayment experiences to help address customer liquidity needs and ensure success in repayment
• Drive expansion and growth opportunities for the products, launching in new states and expanding on the overall product strategy of our flagship products
• Create and execute a product roadmap that sets Possible up for long-term success, delivers compelling customer experiences, and achieves business results
• Communicate our product strategy, product health, business results, customer insights, etc., to Possible’s Leadership Team and the company (i.e., at all hands) consistently
• Partner with Loan Operations and LMS product counterparts, Legal & Compliance, Data Science, Risk, and Customer Operations to manage state-level audits, health checks, and reviews with our banking partners
• Increase the efficacy of our product development processes by introducing industry best practices

What you’ll bring

• 8+ years of Product Management experience in financial services or fintech with a deep understanding of consumer credit
• A balance of customer focus and technical and data prowess - diving deep into critical systems while thinking broadly about product strategy and the customer experience
• Strong reputation for managing the product development processes with discipline and efficiency
• Deep sense of ownership and accountability for both the failures and successes of a product, with equally well-developed problem-solving skills to calmly tackle any challenge
• High comfort working in a fast-paced environment (preferably through experience in one or more start-ups)
• Ability to translate customer insights into product features and coherently communicate context and detailed requirements to Engineers and Product Designers
• Strong project management experience; must have the capability to spot and remove dependencies across functions and help the team execute with speed and efficiency
• Proven success in working within industry regulations while delivering creative solutions
• Passion for serving customers and driving positive societal change

This is a Hybrid position. We work in the office three days a week, and our office is centrally located in downtown Seattle.

The compensation range for this role is $208,600 to $220,200. We also offer significant stock options, comprehensive benefits, a bonus plan, commuter benefits, and an excellent office space with complimentary drinks and food options.

Possible Finance is dedicated to financial fairness and community empowerment. We welcome diverse perspectives and experiences to help us achieve our mission of unlocking economic mobility for generations to come.

Learn more about us as a Public Benefit Company.