Product Manager I
Elevate · Addison, TX
- On site
- Full-time
- $95,000 / 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
- Manage risk-driven product initiatives in Elastic Products.
- Drive acquisition strategies and growth opportunities.
- Collaborate with cross-functional teams and bank partners.
- Analyze performance and update underwriting policies.
- Deliver compliant and high-quality product solutions.
About the role
Product Manager I - Elastic Products Portfolio
Elevate is seeking a highly analytical and execution-focused Product Manager I to support risk-driven product initiatives within our Elastic Products portfolio. This role is crucial for advancing acquisition strategies, supporting growth opportunities, and ensuring strong alignment with our external bank partner. This position addresses increasing business demands by providing dedicated ownership of risk-related product initiatives. The ideal candidate will collaborate cross-functionally with Credit Risk, Marketing, Legal, Compliance, Technology, and our bank partner to deliver high-quality, timely, and compliant solutions. We are looking for a detail-oriented, proactive individual comfortable in a fast-paced environment with competing priorities. A strong background in financial services, lending, and risk management is highly desirable.
Principal Duties and Responsibilities
- Support the development and execution of product strategy, with a focus on risk initiatives and acquisition growth.
- Gather and document detailed business requirements for product enhancements and new initiatives.
- Own and contribute to underwriting policy updates, validations, and documentation to align with risk strategy and regulatory requirements.
- Develop and maintain bank-facing materials, including presentations and documentation for partner approvals.
- Drive cross-functional initiatives from concept to 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 with internal stakeholders (Risk, Marketing, Legal, Compliance, Technology) for 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 impacting delivery timelines.
- Act as a subject matter expert for assigned product areas, providing guidance and support.
- 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 a related field preferred.
- Experience in lending, underwriting, or credit risk environments is 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
- Financial Services
- Acquisition Strategy
- Credit Risk
- Underwriting
- Agile Methodologies
- Cross-functional Collaboration
- Requirements Gathering
- Stakeholder Management
Skills & topics
- Product Manager
- Product Management
- Risk Management
- Financial Services
- Acquisition Strategy
- Growth
- Lending
- Underwriting
- Credit Risk
- Agile
How to get hired
- Tailor your resume: Highlight experience in product management, financial services, risk, and lending to match job requirements.
- Showcase analytical skills: Emphasize your ability to analyze risk and performance data, and translate business needs into requirements.
- Demonstrate collaboration: Provide examples of successful cross-functional project leadership and external partner management.
- Prepare for interviews: Be ready to discuss your approach to managing competing priorities and ensuring compliance.
- Research Elevate: Understand their mission, values, and commitment to diversity and inclusion to align your application.
Technical preparation
Review financial services and lending product lifecycle.,Practice requirement gathering and documentation techniques.,Familiarize with Agile/Scrum methodologies.,Study risk analysis and performance metrics.
Behavioral questions
Describe a complex product challenge you solved.,How do you manage competing priorities effectively?,Give an example of successful cross-functional collaboration.,How do you ensure accuracy and compliance in your work?
Prefer to apply the usual way?
Not recommended alone — most applicants never hear back. Email the hiring manager first.
Frequently asked questions
- What are the primary responsibilities of a Product Manager I at Elevate?
- The Product Manager I at Elevate is responsible for supporting risk-driven product initiatives within the Elastic Products portfolio. This includes developing product strategy with a focus on risk and acquisition growth, gathering requirements, owning underwriting policy updates, managing cross-functional projects, analyzing performance, and collaborating with internal teams and external bank partners.
- What 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, risk, or a related field. Experience in lending, underwriting, or credit risk environments, as well as experience working with cross-functional teams in a fast-paced setting, is strongly preferred. Familiarity with Agile methodologies is a plus.
- What kind of analytical and problem-solving skills are important for this role?
- For the Product Manager I position at Elevate, strong analytical and problem-solving skills are essential, particularly in risk and performance analysis. You should be able to translate complex business needs into clear, actionable requirements and conduct impact analysis to support decision-making.
- How does Elevate foster collaboration in this Product Manager I role?
- Elevate emphasizes collaboration for this role by requiring the Product Manager I to partner cross-functionally with Credit Risk, Marketing, Legal, Compliance, and Technology. They also need to maintain strong working relationships with external bank partners, ensuring clear communication and alignment across all stakeholders.
- What is the expected educational background for the Product Manager I position?
- A Bachelor’s degree is required for the Product Manager I role at Elevate. Strong academic performance is preferred, aligning with the analytical nature of the position.
- Is this a remote or on-site position at Elevate?
- The job description does not explicitly state the work arrangement. However, the emphasis on cross-functional collaboration and managing initiatives from concept through execution often implies a need for regular on-site or hybrid presence. It is recommended to clarify this during the application process.
- What does 'Elastic Products portfolio' refer to at Elevate?
- 'Elastic Products portfolio' likely refers to a range of financial products offered by Elevate that are adaptable or scalable, particularly those related to lending and credit, where risk management is a key component. The specific details would be best clarified by the hiring team.
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