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Full-Time

Product Operations Manager

Posted on 7/8/2024

Credible

Credible

201-500 employees

Online marketplace for loan comparison services

Consulting
Fintech
Financial Services
Real Estate

Compensation Overview

$93k - $95kAnnually

+ Annual Discretionary Bonus

Mid, Senior

Remote in USA

Category
Product Operations
Product
Requirements
  • 3+ years of experience in Product Management or Product Operations working on consumer Internet or SaaS products
  • Bachelor's or Master's Degree
  • Experience with loan origination software or developing tools to manage complex customer or operational workflows
  • Experience working closely with product designers, managers, and technical teams
  • Experience working with internal stakeholders such as customer support and operations teams
Responsibilities
  • Own and execute aspects of the roadmap for building a best-in-class operations experience
  • Identify and prioritize opportunities to improve operational efficiency through development of internal tools and technology
  • Collaborate with cross-vertical Product Management team to ensure rigorous systems design
  • Translate technical requirements into digestible product workflows
  • Develop testing strategies for all features

Credible is an online marketplace that helps consumers find the best rates on various types of loans, such as student loans, personal loans, and mortgages. Users can compare offers from top lenders, making it easier to find favorable rates and terms. The platform provides instant and accurate results along with clear explanations, simplifying the loan comparison process. Unlike many competitors, Credible focuses on transparency and user-friendliness, ensuring that users can easily understand their options. The company operates on a commission-based model, earning revenue from lenders when users select loan offers through its platform, allowing it to offer services for free. Credible aims to be a valuable resource for consumers seeking loans, helping them save money and make informed financial decisions.

Company Stage

M&A

Total Funding

$75.4M

Headquarters

Durham, North Carolina

Founded

2012

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-7%

2 year growth

-28%
Simplify Jobs

Simplify's Take

What believers are saying

  • Credible's partnerships with top lenders ensure users have access to competitive rates and terms, potentially saving them significant amounts of money.
  • The acquisition of Young Alfred allows Credible to diversify its offerings, making it a more comprehensive financial services platform.
  • High customer satisfaction ratings indicate a strong market position and potential for continued growth and user retention.

What critics are saying

  • The financial services market is highly competitive, with numerous platforms offering similar loan comparison tools, which could dilute Credible's market share.
  • Relying on commissions from lenders may limit revenue diversification and expose the company to fluctuations in the lending market.

What makes Credible unique

  • Credible offers a transparent and user-friendly loan comparison platform, unlike many competitors that often have complex and opaque processes.
  • The company's commission-based model allows it to provide free services to consumers, setting it apart from fee-based financial advisory services.
  • Credible's recent acquisition of Young Alfred expands its marketplace to include insurance products, enhancing its value proposition beyond loans.

Benefits

Competitive health benefits

Meaningful incentives

Catered meals

Open office space

Continuing Education Program

Commuter Benefits

INACTIVE