Full-Time

Director – Product Marketing

Posted on 10/10/2024

Pagaya

Pagaya

501-1,000 employees

AI-driven asset management for institutions

Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$200k - $240kAnnually

Senior, Expert

New York, NY, USA

Pay ranges for New York-based hires are commensurate with candidate experience.

Category
Product Marketing
Product
Required Skills
Data Analysis
Requirements
  • A proven track record of leading marketing program like prescreen, prequal and digital targeting particularly in the fintech/consumer credit
  • 8+ years of experience, focused on owning performance KPIs related to such marketing programs and delivering high-quality outcomes
  • Proven unsecured loans or credit -cards expertise, with a deep understanding of the competitive landscape, risk management principles, and industry best practices.
  • Robust technical and analytical skills, with the ability to interpret complex data, identify trends, and make data-driven decisions to optimize product performance. Prior experience in marketing analytics a huge plus
  • Business-first approach, with the ability to dive into the details of how a business works, identifying how to make it better, and building product solutions that deliver significant value.
Responsibilities
  • Drive product development for Pagaya’s core personal loan and point-of-sale business, building and launching new capabilities that advance our business objectives. These capabilities include executing on marketing programs like prescreen, prequalification, invitation to apply, digital targeting etc.
  • Handle the end-to-end marketing program execution from inception to launch and beyond including opportunity sizing, target selection, performance evaluation and enhancements.
  • Lead the development and execution of the product roadmap
  • Collaborate cross-functionally with various teams and internal stakeholders across our business to inform planning, defining and prioritizing technical requirements, addressing risk and compliance requirements and delivering creative and innovative solutions
  • Define KPIs and metrics to measure the success, regularly monitoring performance and making data-driven decisions to optimize marketing and improving return on marketing investments.
  • Stay abreast of industry trends, regulatory changes, and competitive developments in the personal loan and point-of-sale space, translating data into actionable strategies to maintain our competitive edge.

Pagaya specializes in managing institutional money through the use of artificial intelligence. The company focuses on the asset management market, particularly in creating asset-backed securities (ABS). Its products work by utilizing advanced machine learning and big data analytics to identify profitable opportunities in complex financial markets. By collaborating with tech-enabled firms, Pagaya enhances its understanding of consumer behavior, which is crucial for credit markets. Unlike many competitors, Pagaya actively manages ABS with AI, offering a distinct advantage to institutional investors. The company's goal is to issue and manage ABS effectively, as evidenced by its achievement of over $1 billion in ABS issuance within a year and a half, while fostering a culture of collaboration and technological advancement.

Company Stage

IPO

Total Funding

$480.7M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

-17%

1 year growth

-14%

2 year growth

-37%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pagaya raised $1 billion in ABS deals, showing strong capital markets demand.
  • Acquisition of Tally's tech enhances Pagaya's embedded finance solutions.
  • Pagaya's strategic Advisory Board aims to accelerate business expansion and innovation.

What critics are saying

  • Increased competition from AI-driven companies like Rocket Companies challenges Pagaya's market position.
  • Acquisition of Tally Technologies may lead to integration challenges and financial strain.
  • Rapid expansion through acquisitions could strain Pagaya's financial resources and operations.

What makes Pagaya unique

  • Pagaya uses AI and big data to manage institutional money effectively.
  • Pagaya Pulse platform offers a scalable performance edge with state-of-the-art algorithms.
  • Pagaya specializes in asset-backed securities, providing unique value to institutional investors.

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