The Role
The Senior Product Manager will lead the development of payment systems in loan servicing, collaborating with internal teams to enhance product features and compliance, focusing on AI-driven solutions in auto finance.
Summary Generated by Built In
At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking.
Join Lendbuzz, where we're shaping the future of auto finance with AI. As a Product Manager for Payments, you'll be at the core of our loan servicing operations, building the critical systems that power every aspect of the lending lifecycle. You'll modernize legacy architecture, streamline complex payment workflows, and enable innovative self-service capabilities that transform how borrowers and agents interact with our platform. Your role isn't just about products; you'll directly impact our financial operations, regulatory compliance, and business scalability, with endless opportunities for growth. Come thrive in our dynamic environment, leading the evolution of payments and loan servicing in AI and machine learning for auto finance. This position offers the flexibility of being hybrid, allowing work either in our Boston office or remotely, with occasional travel to our Boston office as necessary.
This position is based on the East Coast to ensure effective collaboration with our Tel Aviv office.
The posted salary range reflects the base salary. Total compensation also includes an annual performance bonus and equity.
Key Responsibilities:
- Collaborate with internal and external customers to understand the problems and develop insights, and translate those findings into new product innovations
- Partner closely with engineering to drive the creation, planning, prototyping, and development of products and features in support of key product metrics and goals
- Foster strong relationships with subject matter experts, analysts, data scientists, and technology teams across Lendbuzz
- Own, prioritize and maintain the product backlog
- Analyze and articulate insights from data to inform product roadmap decisions and drive alignment across functions and senior leadership
- Break down features into detailed stories and acceptance criteria that can be executed by an agile team. Find ways to deliver value incrementally
- Effectively communicate to a wide business audience project status and post-launch measurement of progress
- Collaborate closely with the Finance and Accounting teams on daily and month-end reporting, reconciliation processes, and ensuring accuracy across complex financial data models is a plus
Key Requirements:
- 5+ years of experience in Product Management or similar roles within financial services teams, with specific experience in lending and loan servicing operations. Auto lending experience is strongly preferred
- Knowledge of banking integration and payment processing including ACH, NACHA processing, and various payment channels, with experience maintaining and introducing new payment methods
- Experience with financial compliance frameworks (TILA, Reg B, UDAAP, CFPB regulations, SCRA adjustments) and understanding of regulatory requirements for loan servicing
- Strong project management skills, with a keen attention to detail and ability to manage projects of varying sizes and scopes
- Experience in designing and delivering product integrations, including working with APIs
- Passion for product development, data science, and the intersection of software and finance, with additional experience in financial markets or the automotive industry being a plus
- Ability to collaborate effectively across functional groups with adaptability and empathy
- In-depth knowledge of Scrum, Kanban, or other agile software development methodologies
- Proven ability to scope and author comprehensive business and technical product requirements
- Proven ability to prioritize and manage multiple complex work streams simultaneously, ensuring efficient and effective project execution
- Demonstrated capability to prioritize and manage multiple complex work streams simultaneously, ensuring efficient and effective project execution
- Strong communication skills for providing clear direction and motivating project teams effectively
We believe:
Diversity is a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.
Compassion is a strength. We care about our customers and look to build long-term relationships with them.
Simplicity is a key feature. We work hard to make our forms and processes as painless and intuitive as possible.
Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.
Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.
If you believe these things too then we would love to hear from you!
Top Skills
Agile
AI
APIs
Kanban
Machine Learning
Payment Processing
Scrum
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The Company
What We Do
Lendbuzz is an AI-based auto finance platform that helps consumers with thin or no credit history obtain financing when purchasing a car. Powered by machine learning and proprietary algorithms, Lendbuzz can assess the creditworthiness of consumers with limited credit history—a group underserved by traditional banks. Through their auto dealership partners, Lendbuzz offers consumers attractive financing solutions while opening up opportunities for those dealerships to serve a more diversified client base. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.
