Senior Product Manager, Credit, Cash Advance & Lending
Department: Product
Type: Full-Time
Who We Are
DreamFi is a financial technology company built to help people take control of their finances, get ahead, and build lasting financial stability. Co-founded by Renowned Civil Rights Attorney Ben Crump, DreamFi is grounded in a simple belief: financial freedom makes personal freedom more than just a dream.
DreamFi is more than a debit card. It is a membership that puts real tools and protections in members' hands. That includes a checking account with no minimum balance, a Visa debit card, access to more than 50,000 surcharge-free ATMs, term life insurance, no-copay telehealth, prescription savings, affordable cell phone plans, and financial education. Banking services are provided by FinWise Bank, Member FDIC. We build for people the traditional system has overlooked, and we create access where there was none.
Why This Role Exists
DreamFi is expanding its offerings to include credit, cash advance, and lending for our members. These products are the next step in helping members build stability and ownership, and we need a senior product manager to own and grow this portfolio from the ground up. You sit at the intersection of product, risk, and compliance, setting strategy while partnering with specialists in each area.
Strategy, decisioning, borrower experience, and portfolio health all sit under this role. Your mandate is simple: expand access and usable liquidity for members without raising losses. Build a credit engine and borrowing experience that members trust and that meets regulatory standards. You will help establish the foundation for these products and shape key partnerships as the portfolio launches. You are accountable for member outcomes and portfolio performance, and you work closely with Risk and Data Science on the underlying models rather than owning them alone.
What You Will Own
Product Strategy and Roadmap
- Own the vision and multi-quarter roadmap for credit, cash advance, and lending end to end.
- Prioritize by member impact, revenue, risk, and feasibility.
- Present the credit portfolio to leadership and align the roadmap across the company.
Credit Decisioning and Underwriting
- Own underwriting logic for both cash advances and loans.
- Partner with Data Science and Risk on model thresholds, LTV caps, expected loss, and override rules.
- Partner with Engineering to build and scale the credit decisioning engine, balancing speed, reliability, and risk controls.
Cash Advance and Lending Experience
- Own the borrower experience from application to offer to funding to repayment.
- Reduce friction and raise completion rates for advances and loans.
- Build features that support responsible, repeat borrowing for underserved and credit-invisible members.
Portfolio Performance and Risk
- Monitor loss rates, delinquency, utilization, and repayment behavior.
- Work with Finance to protect margin and capital efficiency.
- Implement guardrails that reduce adverse selection and improve risk quality.
Compliance and Controls
- Partner with Compliance and Legal to build products that hold up to UDAAP, TILA (Reg Z), ECOA (Reg B), and FCRA standards.
- Structure fee models, repayment terms, and advance mechanics that are transparent and defensible.
- Build reporting that makes model health and portfolio risk clear to leadership.
Execution
- Drive disciplined, cross-functional execution across Engineering, Data Science, Finance, Compliance, and Operations.
- Set clear priorities and keep teams aligned on outcomes and trade-offs.
- Establish operating rituals such as reviews, standups, and roadmapping that make work visible and accountable.
What Great Looks Like in the First Six Months
- A clear credit portfolio strategy and roadmap, aligned across the company.
- Higher offer acceptance and lending conversion, with no increase in losses.
- Faster underwriting decisions, moving from hours to minutes.
- Tighter model calibration, with reduced variance between expected and actual loss.
- A simpler borrowing experience that raises member trust and usage.
What You Bring
- 5 to 8+ years in product management at a senior level.
- Deep experience with credit, lending, or cash advance products at a fintech, bank, or lender.
- Strong command of underwriting logic, expected loss modeling, delinquency, and LTV frameworks. You do not need to be a quant, but you must be fluent in these fundamentals.
- Working knowledge of consumer lending regulation: UDAAP, TILA, ECOA, FCRA, and state lending law.
- A track record of shipping consumer financial products at scale.
- The ability to operate at multiple altitudes, from credit model detail to product strategy.
- Clear, direct communication with executives and cross-functional partners.
- Comfort in a fast-paced, startup environment.
Nice to Have
- Experience with earned wage access or cash advance products.
- Experience building for underserved or credit-invisible populations.
- Familiarity with fraud and AML tooling.
- Experience standing up new product lines from zero to one.
Why Join Us
Join DreamFi to be at the forefront of transforming the financial landscape for underserved communities. Your work will directly expand access, build trust, and move members toward financial independence. We offer a dynamic workplace, real ownership, and the chance to build products that matter.
Benefits include:
- Competitive compensation and equity.
- Comprehensive medical, dental, and vision coverage, including HSA options.
- Unlimited paid time off policy.
Compensation
For this role, we anticipate a base salary range of [insert range], plus equity. Offers may vary based on experience, location, and other factors.
Details
- Location: Fully remote (United States).
- Reports to: Head of Product and User Experience.
- Travel: Occasional travel to partner or prospect sites (under 10%).
- You will initially be an individual contributor, with the opportunity to grow into people leadership as the credit portfolio and product team scale.
Equal Employment Opportunity
DreamFi provides equal employment opportunities to all employees and applicants without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and veteran status, or any other basis prohibited by applicable state or federal law.