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Senior Product Manager, Credit

We started Novo to challenge the status quo—we're on a mission to increase the GDP of the modern entrepreneur by creating the go-to FinTech platform for small businesses (SMBs). Novo is flipping the script of the FinTech world, and we're excited to lead the small business FinTech revolution.


We are looking for people of character. Pragmatic and capable people who want to see their work drive better outcomes for small businesses — the backbone of our economy. You will join our team and work on the building blocks of everything Novo ships.

Why Novo?

  • Novo is a rapidly growing series B fintech startup with a mission-driven team that's passionate about helping every small business in America
  • Positive, inclusive, supportive culture cheering you on your journey
  • We work with very new technologies and architecture patterns
  • We provide learning and development budgets to help you grow and bond with your team
  • Able to work from the office 3+ days per week
  • Offices in NYC, Miami, Delaware, India, and Colombia

We are looking for a Senior Product Manager to join our Product team and work on exploring, shaping, and building the future of small business products. As a Senior Product Manager, you will have the support, sponsorship, and mentorship of a Group Product Manager. Product Managers will work directly with engineering, design, operations, compliance, and other teams. At Novo, we believe in product discovery and definition as much as we do development and delivery. Come learn about the modern small business entrepreneur and how you can help support 99.7% of all businesses in the U.S.A.

About the Role & Responsibilities:

  • Driving and defining your product roadmap on a continuous basis by speaking to customers and the Financial Services (FinServ) business unit leaders, discovering opportunities, and evaluating the impact on business outcomes
  • Creatively testing assumptions and ideas using surveys, internal working sessions, prototypes, and data, to quickly build or remove confidence in solutions related to Credit
  • Working with the FinServ business unit to prioritize solutions and working with design and engineering resources to deliver them from start to finish
  • Collaborating extensively with stakeholders (data science, risk, legal & compliance) on opportunities and solutions to drive the credit business (underwriting models, originations, draws, etc.)
  • Developing product documentation including specifications, wireframes, site maps, and process flows
  • Performing end-to-end data analysis on product fit and any launch impacts to our user base
  • Work closely with product marketing to promote any offerings and to execute Go To Market functions
  • Building your skillset to eventually lead a specific domain with dedicated engineers and designers

Requirements for the Role:

  • 5+ years of experience building credit products
  • Collaborating, Communicating, Talking to customers, Context sharing, Managing backlogs
  • Evangelizing the power of analytics and experimentation in building a data-driven organization
  • Developing product documentation including specifications, wireframes, site maps, and process flows
  • Communicating project phases and proactively alerting management of changes to scope, timelines, and resources

How We Define Success:

  • Increase the number of North Star customers by increasing the number of Novo users that qualify for a MCA (Merchant Cash Advance)
  • Building scalable back-end systems and account various use cases and manage technical trade-offs
  • Drive product strategy with alignment and direction from FinServ business leaders and be able to create and communicate a product roadmap

Nice to Have, But Not Required:

  • Previous experience working with a loan management system
  • Bachelors in Computer Science degree or related technical experience
  • Strong skill-set in building embedded experiences compared to zero-to-one
  • Familiarity to Jira, Confluence, Sprig, Segment, Business Intelligence Platforms (SQL/PSQL a plus), Figma, Figjam

Salary Range (NYC): $152,000-164,000 annualized salary. This range is not inclusive of discretionary bonus or equity package, offers to be determined based on experience, education and skill set. The range for this same position may be lower or higher in markets outside of New York City.

#LI-Hybrid #LI-DB1 #LI-CC1

Novo values diversity as a core tenet of the work we do and the businesses we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information or any other protected characteristic.

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CEO of Novo
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Michael Rangel
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To increase the GDP of the modern entrepreneur by creating the go-to banking platform for small businesses.

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DATE POSTED
April 14, 2023

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