Product Manager

New York
ONci - OakNorth Credit Intelligence – Product Development /
Permanent - Full Time /
Hybrid
About OakNorth Credit Intelligence

A spinoff from OakNorth Bank, at OakNorth Credit Intelligence (ONCI) we are building a SaaS platform which transforms commercial lending by helping banks build deeper relationships with their clients, open new, more profitable opportunities, whilst delivering credit decisions up to ten times faster than traditional methods, with lower risk and greater efficiency.
 
This came as a result of our realisation that despite small and medium sized companies (SMEs) being a powerful force in the economy, many of them find it difficult to raise capital during critical stages of their company growth. Traditional commercial lending is highly rigid often making them misaligned with a company’s requirements.  We aim to solve this problem at ONCI.

Responsibilities

    • Manage product development for one of our two core products, covering product management, design, architecture, development and measurement
    • Use toolset of research and design methodologies to uncover, map and communicate user and customer journeys
    • Shape and convey product vision and strategy and maintain clear product roadmap
    • Build relationships and meet with key clients, partners and internal colleagues (sales, CS, eng etc) to capture requirements and feedback
    • Translate business strategy and business scenarios into design problems
    • Work closely with engineering teams, defining the roadmap and bridging their relationship with their customers, conveying customer insights and enabling direct contact when appropriate
    • Define requirements (experiences, user flows, customer outcomes) using visual tools
    • Measure effectiveness of products and features

Required Experience

    • Experienced Product Leader with at least 10 years career experience
    • A passion for building great products, able to challenge, convince and inspire internal and external stakeholders
    • Considerable experience running efforts to find product market fit
    • Experience with Product Manager role for an enterprise, B2B, SaaS company, ideally working with or selling to financial institutions
    • More inclined to ask “why” than “how” and “what”
    • A track-record of upskilling Product team members

$150,000 - $175,000 a year
Compensation will also include bonus and equity on top of the base above.
About OakNorth
Small and medium-size enterprises (SME) are one of the biggest drivers of growth and innovation in economies all over the world. Despite these companies being a powerful force in the economy, many SMEs find it difficult to raise capital during critical stages of their company growth. Traditional commercial lending is optimised to make loans that are either too small to be effective or too large and expensive to be practical. At OakNorth, our mission is to help lenders fill this gap which we refer to as the “Missing Middle.” We are building a SaaS platform called the Credit Intelligence Suite which transforms commercial lending by helping banks build deeper relationships with their clients, open new, more profitable opportunities, whilst delivering credit decisions up to ten times faster than traditional models, with lower risk and greater efficiency. 

Our Investors
OakNorth Holdings (the parent entity of OakNorth Bank plc and ONci) has an equity base of over $1.2bn, our investors include:  GIC, SMBC, Toscafund, Coltrane and SoftBank’s Vision Fund – as well as founders of highly successful scale businesses.   
 
Our Customers
In addition to OakNorth’s own bank in the UK, the software is also being deployed by US banks, including:  Fifth Third, PNC, M&T Bank, Huntington, and Old National Bank      

Thank you very much for your interest in OakNorth
We are happy to consider you for roles within our group of companies. If we can identify a match between your skill set and our immediate recruiting needs, please expect to hear from us very soon. If we are unable to identify a fit in the near term, please note that we intend to retain the data you send to us so we may contact you in the future.

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