Product Manager I
Elevate · Addison, TX
- On site
- Full-time
- $90,000 / year
- Addison, TX
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Product Manager I
Elevate · Addison, TX
Casey Reed
Hiring Manager · h•••••@elevatecredit.wd501.myworkdayjobs.com
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Subject: Interested in the Product Manager I role at Elevate
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Job highlights
- Drive risk-driven product initiatives for Elastic Products.
- Advance acquisition strategies and growth opportunities.
- Collaborate with cross-functional teams and bank partners.
- Analyze product performance and update underwriting policies.
- Manage initiatives from concept to execution.
About the role
Product Manager I - Elastic Products
We are seeking a highly analytical and execution-focused Product Manager I to support risk-driven product initiatives within our Elastic Products portfolio. This role will play a critical part in advancing acquisition strategies, supporting growth opportunities, and ensuring strong alignment with our external bank partner.
This position is designed to address increasing business demands and capacity constraints by providing dedicated ownership of risk-related product initiatives. The ideal candidate will partner cross-functionally with Credit Risk, Marketing, Legal, Compliance, Technology, and our bank partner to deliver high-quality, timely, and compliant solutions.
The successful candidate will be detail-oriented, proactive, and comfortable operating in a fast-paced environment with competing priorities. A strong foundation in financial services, lending, and risk management is highly preferred.
Principal Duties And Responsibilities
- Support development and execution of product strategy with a focus on risk initiatives and acquisition growth
- Gather and document detailed business requirements to support product enhancements and new initiatives
- Own and contribute to underwriting (UW) policy updates, validations, and documentation to ensure alignment with risk strategy and regulatory requirements
- Develop and maintain bank-facing materials, including presentations and documentation required for partner approvals
- Drive cross-functional initiatives from concept through execution, ensuring timely and high-quality delivery
- Partner closely with Credit Risk to analyze performance, identify trends, and recommend improvements
- Monitor product performance and key metrics, including risk indicators and initiative impact
- Conduct impact analysis to support decision-making and prioritization of initiatives
- Coordinate across internal stakeholders (Risk, Marketing, Legal, Compliance, Technology) to ensure alignment and execution readiness
- Support and maintain strong working relationships with external bank partners, ensuring clear communication and efficient approval processes
- Identify and escalate risks, bottlenecks, or delays that may impact delivery timelines
- Act as a subject matter expert for assigned product areas, providing guidance and support across the organization
- Assist Product Owners and engineering teams to ensure seamless implementation and delivery
Experience And Education
- Bachelor’s degree required; strong academic performance preferred
- 1–3 years of experience in product management, financial services, risk, or related field preferred
- Experience in lending, underwriting, or credit risk environments strongly preferred
- Experience working with cross-functional teams in a fast-paced environment
- Familiarity with Agile methodologies is a plus
Required Skills, Abilities, Soft Skill Factors
- Strong analytical and problem-solving skills, particularly in risk and performance analysis
- Ability to translate complex business needs into clear, actionable requirements
- Excellent written and verbal communication skills, including experience preparing executive- and partner-facing materials
- Strong organizational skills with the ability to manage multiple priorities simultaneously
- Ability to operate with a high degree of ownership and accountability
- Detail-oriented with a focus on accuracy, compliance, and quality
- Ability to build relationships and collaborate effectively across teams and with external partners
- Proactive and solutions-oriented mindset with the ability to identify and resolve issues quickly
Key skills/competency
- Product Management
- Risk Management
- Acquisition Strategy
- Financial Services
- Lending
- Underwriting
- Cross-functional Collaboration
- Requirement Gathering
- Data Analysis
- Stakeholder Management
Skills & topics
- Product Manager
- Risk Management
- Financial Services
- Lending
- Acquisition Strategy
- Product Development
- Business Requirements
- Agile
- Credit Risk
- Stakeholder Management
- Bachelor's Degree
- Analytics
How to get hired
- Tailor your resume: Highlight experience in product management, financial services, and risk analysis relevant to Elevate.
- Showcase analytical skills: Emphasize your ability to translate complex business needs into actionable requirements for Product Manager I roles.
- Demonstrate collaboration: Provide examples of successful cross-functional project management and external partner engagement.
- Prepare for interviews: Be ready to discuss risk management strategies and your experience in lending or credit environments.
- Express enthusiasm: Convey your proactive, detail-oriented approach and passion for Elevate's mission.
Technical preparation
Analyze product performance metrics.,Document business requirements clearly.,Understand underwriting policy updates.,Prepare partner-facing presentations.
Behavioral questions
Describe a complex business need you translated.,How do you manage competing priorities effectively?,Share an example of a successful collaboration.,How do you ensure accuracy and compliance?
Prefer to apply the usual way?
Not recommended alone — most applicants never hear back. Email the hiring manager first.
Frequently asked questions
- What specific experience is preferred for the Product Manager I role at Elevate?
- Elevate prefers candidates with 1-3 years of experience in product management, financial services, or risk. Direct experience in lending, underwriting, or credit risk environments is strongly preferred for this Product Manager I position.
- What are the key responsibilities of a Product Manager I at Elevate?
- The Product Manager I at Elevate will support risk-driven product initiatives, develop product strategy, gather requirements, manage underwriting policies, drive cross-functional projects, and collaborate with internal teams and external bank partners.
- Does Elevate require a specific degree for the Product Manager I position?
- Yes, a Bachelor's degree is required for the Product Manager I role at Elevate. Strong academic performance is also preferred.
- How important is risk management experience for this Product Manager I role?
- Risk management experience is highly preferred for this Product Manager I role. The position focuses heavily on risk-driven product initiatives, so a strong foundation in this area is crucial.
- What kind of environment can I expect as a Product Manager I at Elevate?
- You can expect a fast-paced environment with competing priorities. The role requires a proactive, detail-oriented individual comfortable operating in such a setting, as described for the Product Manager I position.
- Is familiarity with Agile methodologies beneficial for this Product Manager I job?
- While not strictly required, familiarity with Agile methodologies is considered a plus for the Product Manager I role at Elevate, suggesting it can aid in project execution and team collaboration.
- What are the key soft skills needed for the Product Manager I at Elevate?
- Key soft skills for this Product Manager I role include strong analytical and problem-solving abilities, excellent communication, organizational skills, ownership, attention to detail, relationship-building, and a proactive mindset.
- How does Elevate ensure alignment with external bank partners in this role?
- The Product Manager I will maintain strong working relationships with external bank partners, ensuring clear communication and efficient approval processes, and will develop bank-facing materials for partner approvals.
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