Sr Manager, Product Management

Open Lending provides automated lending services to financial institutions. The company specializes in loan analytics, risk-based pricing, risk modeling, and automated decision technology for automotive lenders throughout the United States. The company was founded in Austin, TX in 2000.

Before taking the company public in 2020, Open Lending ranked among Austin's fastest-growing, privately held companies. Starting in 2013, the company placed for seven consecutive years on the Austin Business Journal's Fast 50 list. Additionally, Open Lending has been named as a top workplace by both the Austin Business Journal and the Austin American Statesmen.

The Opportunity:

Open Lending is seeking an experienced Product Manager for the Lenders Protection product.

The ideal candidate is enthusiastic about the client experience, a fantastic communicator, a collaborator willing to roll their sleeves up to accomplish set goals, and creative.

Three Reasons Why to Apply:

• Ability to drive the product roadmap for our flagship product (Lenders Protection).
• Lenders Protection offers a meaningful product that serves the underserved, offering non-prime borrowers a "Yes," where they often hear "No" otherwise.
• Open Lending prides itself in having a fun family culture, with lots of opportunity for growth and the chance to have influence on the top line directly.

What You'll Do:

• Manage a talented team of product owners and business analysts for Lenders Protection platform. Support the personal development of team members.
• Own the Lenders Protection product roadmap. Create and maintain product strategy documentation with business cases, personas, use cases, business value in form of revenue and ROI.
• Accountable for the quality delivery of meaningful enhancements to the Lenders Protection platform. Partner with engineering, product, marketing, sales, data, and risk to develop, test, price, market, roll out, and sell these enhancements.
• Conduct market research to analyze market needs. Evaluate and prioritize new product ideas within the LP product roadmap.
• Develop OKRs that measure product success, with KPIs that track progress. Use the results of these metrics to improve client satisfaction.

• Be an expert on the domain, the market, the trends. Evangelize the vision constantly so all stakeholders are aligned.
• Forge strategic partnerships with Engineering, Sales, Operations, and other collaborative departments to ensure smooth feature rollouts and market introductions.
• Maintain and enhance SDLC policies, procedures, and practices. Champion the adoption of these processes throughout the organization.
• Develop strong working relationships with all stakeholders, and actively engage customers for product ideation, feedback, adoption, and strategic planning.

What You Bring:

• Minimum 8 years of product management or equivalent experience with demonstrated ability to discover opportunities, and then define and deliver products.
• Minimum 3 years of leadership experience, providing direction and guidance on longer term strategic initiatives as well as tactical execution.
• Exceptional communication, presentation, organizational and analytical skills.
• Strong customer and stakeholder empathy for all types of stakeholders, include external clients and internal departments.
• Analytical nature uses data-driven decision making.
• History of successful software delivery with Agile SDLC methodologies.
• Technical background (experience in software development or data analytics) preferred.
• FinTech product experience preferred.

Benefits and Perks

• Medical, dental, life and short-term and long-term disability insurance (company pays 100% of the premium for employee and 100% of the premiums for family plans after 2 years of coverage)
• Total annual cash compensation includes base salary and bonus, plus participation in the incentive plan for non-commissioned employees
• Unlimited PTO
• 401k plan with match
• Eligible for long-term equity compensation
• WFH option
• Free onsite covered parking
• Paid parental leave for new parents
• Onsite gym
• Free snack options