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Product Manager - Unsecured Lending Operations,

About this role:

Wells Fargo is seeking a Product Manager for Unsecured Lending Product and Transformation. This role will partner closely with the Domain Product Manager and Technology to identify end user needs and deliver products in alignment with the vision set for our Collections & Recovery omni-channel communication. The successful candidate will collaborate to understand, organize, and prioritize work for scrum teams, have experience with Agile principles, and demonstrate a passion for continuous improvement of processes and end user experiences.  

In this role, you will:

  • Lead or participate in product management initiatives and deliverables for product lines or services

  • Contribute to product analysis across applicable markets, conduct market research and market results-oriented analysis

  • Resolve moderately complex issues and lead team to meet project goals, objectives and deliverables

  • Ensure programs adhere to compliance, privacy regulations and policies

  • Collaborate and consult with managers, analysts and project teams to ensure that goals are achieved

  • Lead projects, teams or serve as a mentor

Locations: 141278-NC-CIC Customer Information Center Charlotte CIC; 141753-NC-Three Wells Fargo Center, Charlotte; 109022-DE-Wilmington, DE (Concord Pike); 150496-IA-West Des Moines; 107688-AZ-D Building, Chandler Campus; 144594-TX-Preston and Parker or 192588-TX-West Plano; 130670-SD-Building 4, Sioux Falls Ops Center 

Position does not provide relocation.

Required Qualifications, US:

  • 2+ years of Product Management experience, product development experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualification:

  • Experienced Product professional with expertise supporting post-charge off and recovery lifecycles for Unsecured Lending Servicing and Default functions. 

  • A history of developing products and services for Bankruptcy, Recovery, or Collections functions specific to Unsecured Consumer Lending products. 

  • Previous Product Owner experience and/or certification. 

  • Experience with Agile practices, frameworks (e.g. Scrum) and workflow, and collaboration tools, such as Confluence, and Jira. ​ 

  • Experience gathering user/business requirements and translating them into features and user stories. 

  • Successful record leveraging agile practices and data to drive business outcomes. 

  • Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members. 

  • Comfortable with ambiguity and facilitating discussions to explore the best possible solutions. 

  • Experience identifying risks and partnering with appropriate teams and stakeholders to mitigate. 

  • Strong presentation (verbal and written) communications skills are required, as this role will provide analysis and recommendations to senior leaders. 

  • Ability to manage and work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.  

  • Strong collaborator and empathetic listener who works with diverse groups to solicit multiple perspectives. 

  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills. 

  • 1+ years of Collections, Recoveries or Back Office operations experience a plus. 

  • Creating, refining, and reviewing user stories, getting approval on stories from Product Owner / Product Manager.   

  • Defining acceptance criteria and reviewing with Product Owner / Product Manager and stakeholders for alignment. 

  • Splitting or slicing complex product features into vertical slices of work that teams can execute against.   

  • Supporting the Product Area teams to define non-functional requirements and tech enablers.   

  • Participating in Prioritization & Planning, Feature Refinement, Sprint planning and Backlog refinement events.  

  • Facilitating syncs with Product Managers and Product Owners to verify health of the Product, track escalated risks/issues, and share analytics.   

  • Identifying and communicating improvement opportunities for the next planning increment. 

  • Works with delivery team to support data conditioning for testing.   

  • Coordinating with Product Owners/Managers to ensure alignment on Product vision and strategy.   

  • Works with other product owners to align and manage product dependencies.  

Job Expectations:

  • Ability to travel up to 10%.

  • Ability to work the hybrid model of 3 days in the office and 2 days remote each week.

Position is not VISA eligible.

Posting End Date: 

6 Apr 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

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What You Should Know About Product Manager - Unsecured Lending Operations,, Wells Fargo

Wells Fargo is on the lookout for an enthusiastic Product Manager for Unsecured Lending Operations who is ready to make an impact through innovation and collaboration. In this role, you'll be at the heart of transforming our unsecured lending products and services. Working hand-in-hand with the Domain Product Manager and our talented tech teams, you'll dive deep into understanding end-user needs, helping to deliver exceptional products that resonate with customers. If you're passionate about Agile methodologies and have experience navigating the intricacies of product management, this could be your perfect opportunity! Your journey will involve leading product initiatives, conducting valuable market analyses, and collaborating with cross-functional teams to drive projects forward. The work environment fosters creativity and teamwork, allowing you to thrive as you contribute to compliance and privacy standards while keeping an eye on enhancing user experiences. A big part of your day will be organizing scrum teams, facilitating effective conversations, and mentoring others if you’re up for that challenge. We value adaptability and a collaborative spirit here at Wells Fargo, traits that are essential as you work with a diverse group of stakeholders and tackle complex challenges within our unsecured lending space. If you're ready to bring your unique skills to a team that prioritizes growth, innovation, and dedication, we can't wait to meet you!

Frequently Asked Questions (FAQs) for Product Manager - Unsecured Lending Operations, Role at Wells Fargo
What are the main responsibilities of a Product Manager - Unsecured Lending Operations at Wells Fargo?

As a Product Manager - Unsecured Lending Operations at Wells Fargo, you will lead product management initiatives focused on unsecured lending products. Your responsibilities will include market analysis, collaborating with scrum teams, and ensuring alignment with compliance policies. You will also be instrumental in prioritizing enhancements based on user feedback and facilitating discussions that aim for continuous improvement in our product offerings.

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What qualifications are necessary for the Product Manager position at Wells Fargo?

For the Product Manager - Unsecured Lending Operations role at Wells Fargo, a minimum of 2+ years of product management or product development experience is required. Candidates with previous experience as a Product Owner, especially in the area of Unsecured Lending, will be preferred. Familiarity with Agile frameworks and tools like Jira and Confluence is also highly advantageous. Strong communication skills and the ability to work in a team are essential for success.

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How does the Product Manager role contribute to enhancing user experience at Wells Fargo?

In the Wells Fargo Product Manager - Unsecured Lending Operations role, your contributions will directly influence user experience through thorough market research, understanding user needs, and delivering compelling product enhancements. You will gather user feedback and turn them into actionable insights that drive product development, ultimately leading to improved end-user satisfaction and engagement.

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What skills are considered a plus for a Product Manager at Wells Fargo?

For a Product Manager - Unsecured Lending Operations position at Wells Fargo, additional skills such as experience in Collections and Recoveries, and familiarity with data-driven decision-making techniques can be beneficial. The ideal candidate will be comfortable working within a matrix environment, showing strong interpersonal skills while collaborating across diverse teams to bring innovative solutions to life.

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What can candidates expect from the work culture at Wells Fargo for the Product Manager role?

Candidates can expect a dynamic and inclusive work culture at Wells Fargo, particularly in the Product Manager - Unsecured Lending Operations role. The environment promotes diversity, collaboration, and a focus on continuous learning. Employees are encouraged to share ideas, innovate, and challenge the status quo, all while balancing strong customer relationships with a commitment to regulatory and compliance standards.

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Common Interview Questions for Product Manager - Unsecured Lending Operations,
Can you describe your experience with Agile methodologies as a Product Manager?

In your answer, highlight specific Agile practices you’ve implemented, how you’ve managed product backlogs, and facilitated sprint planning sessions. Share examples where Agile methodologies helped improve team efficiency and product delivery.

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How do you prioritize features when managing a product backlog?

Discuss your approach to feature prioritization, including methods like MoSCoW or RICE. Include how you gather input from stakeholders and use customer feedback to inform your prioritization, ensuring alignment with business goals.

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Describe a challenging product you managed. What was your approach?

Select a specific product and detail the challenges faced. Focus on how you leveraged cross-functional teams, gathered user insights, and adapted your strategy to ultimately overcome hurdles and drive product success.

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How do you ensure compliance within your product management processes?

Emphasize your experience working with compliance teams and regulatory requirements. Discuss your strategies for integrating compliance considerations into the product lifecycle, and how you maintain documentation for auditing purposes.

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What techniques do you use for gathering user feedback?

Describe various methods such as surveys, user interviews, and usability testing you've employed to gather user insights. Highlight how you analyze this feedback and integrate it into your product development process.

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Can you give an example of a time you had to resolve a conflict within your project team?

Share a specific incident where conflict arose. Discuss your approach to facilitate discussions and mediate solutions, ensuring all voices were heard while focusing on the project's objectives.

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How do you handle ambiguity in product requirements?

Explain your approach to embracing ambiguity, including how you gather more information, consult stakeholders, and guide your team in defining clear project goals and requirements through iterative discussions.

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What role does data play in your decision-making process?

Detail how you leverage data analytics to inform your product decisions. Provide examples of metrics you track and how data has driven changes in your product strategy or enhancements.

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How do you ensure that your product aligns with the overall business strategy?

Discuss your methods for aligning product goals with the broader business objectives, including regular communication with leadership and stakeholders, and how you track progress towards these goals throughout the product lifecycle.

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What is your approach to mentoring junior team members in product management?

Highlight your mentoring style, including how you share knowledge and best practices. Discuss any specific programs or initiatives you’ve led to foster growth within your team.

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Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S. Wells Fargo is No. 47 on Fortu...

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DATE POSTED
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