Full-Time
Senior Product Manager
Posted on 3/3/2025
Supernova Technology
51-200 employees
Cloud-based platform for securities-based lending
Compensation Overview
$120k - $160k/yr
Chicago, IL, USA
In Person
 Product (2) |
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- 3+ years of product management experience
- Bachelor’s or Master’s degree in Computer Science, Math, Engineering or equivalent
- Demonstrable success in leading cross-functional teams to develop, launch, and scale high-impact products
- Strong technical foundation, with the ability to engage deeply with engineering teams and make informed decisions
- Exceptional problem-solving skills, with a knack for identifying user needs and crafting innovative solutions that address them
- Agile, adaptable, and capable of thriving in a fast-paced, entrepreneurial environment
- Lead the ideation, technical development, and launch of innovative product features that enhance our SaaS platform's value proposition
- Translate product strategy into detailed requirements and product specifications
- Collaborate with other product managers and leaders to synthesize complex product requirements leading to a value-added platform initiative
- Prioritize product initiatives based on impact, resource availability, and alignment with our strategic objectives
- Evangelize and drive adoption of platform level features with internal and external stakeholders to ensure success
- Spearhead the adoption of platform innovations, working with cross-functional teams to ensure successful rollout and market penetration
- Drive cross-functional teams to execute the product development plan aiming at quick time-to-market, high product quality while optimizing resources
- Engage with customers and partners to gather insights and feedback, translating complex requirements into actionable product specifications
- Foster a culture of excellence, innovation, and collaboration within the product management team and across the organization
- Financial services industry and digital solution experience desired
Supernova Technology provides cloud-based, digital wealth management lending software for securities-based lending. It serves banks, broker-dealers, and RIAs, enabling advisors to offer liquidity solutions by using clients’ investment portfolios as collateral. The platform is fully automated and digitized, supporting all-electronic origination and scalable to millions of clients, while also connecting institutions with funding partners and offering advisory education. Unlike fragmented workflows, Supernova combines an end-to-end fintech platform, risk and liquidity management, and coaching services in one solution, helping financial professionals streamline lending, reduce cycle times, and improve the client experience. Its goal is to empower advisors to grow their securities-based lending business and overall financial wellness for clients through scalable, cloud-based technology.
Company Size
51-200
Company Stage
Early VC
Total Funding
$26.5M
Headquarters
Chicago, Illinois
Founded
2015
Simplify's Take
What believers are saying
- Partnerships with SEI in 2022 and Old National Bancorp in 2023 expand advisor reach.
- Scalable SaaS integrates real-time data, serving millions of clients efficiently.
- Lean 78-employee team captures multi-billion dollar SBL market share rapidly.
What critics are saying
- Upstart undercuts SaaS fees with direct AI-driven SBL lending within 6-12 months.
- SEC mandates costlier compliance post-2025 Schwab margin failures, eroding margins.
- Eton Solutions displaces Aperture in SEI network, starving SBL upsells in 12 months.
What makes Supernova Technology unique
- Prism AI extracts PDF data with 95% accuracy using proprietary LLMs and OCR.
- Aperture provides enterprise collateral management beyond SBL for risk professionals.
- Fully automated, cloud-based SBL platform handles origination to loan life seamlessly.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
401(k) Retirement Plan
Employee Assistance Program (EAP)
Commuter Benefits
Pet Insurance
Professional Development Budget
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -3%2 year growth
↓ -2%With Prism, Supernova's AI-powered document assistant and data extraction solution, critical data is extracted from PDFs in minutes with over 95% accuracyCHICAGO, Jan. 23, 2024 /PRNewswire/ -- Today, Supernova Technology, a wealth lending technology company, announced the launch of its generative AI-powered document assistant and data extraction solution, Prism.With Prism, users can upload supported financial documents from across the industry and parse critical data at the click of a button, empowering businesses to make faster decisions and reduce errors."Now more than ever, decision makers want immediate access to data, in formats they can use," said Supernova CEO Tao Huang. "Too much critical data is hidden in unmanageable PDFs. We're excited to launch Prism and offer a simple, high-fidelity solution that eliminates error-prone, manual data entry."Unlike standard document-reading solutions that rely on optical character recognition (OCR) alone, Prism leverages Supernova's proprietary large language models in combination with OCR to easily identify, organize, and extract relevant data. Prism's models are proactively trained to recognize the information that matters and privately hosted to ensure data integrity and client data confidentiality.To learn more about Prism, visit www.supernovacompanies.com/solutions/prism.About Supernova TechnologySupernova Technology, a financial technology company based in Chicago, has built an industry-leading, fully configurable, end-to-end software solution to automate securities-based lending from origination through the life of the loan. The company empowers banks, wealth management firms, and financial advisors with education and software to deliver a low-interest rate liquidity solution to a broad segment of their clients
In corporate news, Old National Bancorp ( ONB ) has partnered with Supernova Technology to provide lending products to clients.
Monitor, analyze, report, and mitigate risk across your lending business all in one place with Aperture Enterprise Collateral Management Solution. CHICAGO , June 28, 2022 /PRNewswire/ -- Supernova Technology, a technology leader in securities-based lending (SBL) is expanding their product offering outside of SBL with the addition of Aperture – an Enterprise Collateral Management Solution. Aperture was built to give credit and risk professionals a new level of control and efficiency giving them oversight of their loan book in one place
SEI® (NASDAQ: SEIC) today announced a strategic partnership with Supernova Technology™ (Supernova), adding Nationwide Smart Credit SM to the nearly 50 technology integrations and strategic partnerships available to independent advisors through the SEI Wealth Platform SM.