Manager, Product Management - Ventures Lending (Business Cards & Payments)

Discover Financial
Virginia, New York, Richmond
Workplace: OnsiteFull timeUSD 164,800 - 188,100 annuallyFunction: Banking, Lending & CreditExperience: 3+ yearsEducation: bachelorsSkills: ["Customer-focused","Data-driven","Transformational leadership","Cross-functional collaboration","Problem-solving"]

Lead product strategy and execution for a mission-driven ventures lending initiative, focused on credit cards and support for underserved small businesses. Own the roadmap for alternative data underwriting, product setup across enterprise platforms, partnership/referral logic, and servicing for financial health and loss mitigation. Define and track product KPIs, manage end-to-end testing, and collaborate across operations, technology, and partner teams to drive scalable outcomes.

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Discover Financial
Discover Financial
1 month ago

Manager, Product Management - Ventures Lending (Business Cards & Payments)

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Job Summary

Lead product strategy and execution for a mission-driven ventures lending initiative, focused on credit cards and support for underserved small businesses. Own the roadmap for alternative data underwriting, product setup across enterprise platforms, partnership/referral logic, and servicing for financial health and loss mitigation. Define and track product KPIs, manage end-to-end testing, and collaborate across operations, technology, and partner teams to drive scalable outcomes.
Location: Virginia, New York, Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Manager level

Key Responsibilities

  • •Drive long-term technical improvements, create PRDs, and test/learn using alternative data to refine underwriting and scaling plans.
  • •Partner with operations and tech teams to implement product intent across enterprise platforms and ensure the product meets requirements.
  • •Own partnership strategy for network and community/CDFI partnerships, including referral logic, data sharing agreements, and prioritization based on partner feedback.
  • •Develop and scale servicing and support strategies for financial health, resources, and loss mitigation aligned between Capital One and partner models.
  • •Define and monitor product KPIs, manage end-to-end testing strategies, and ensure effective risk management and product operational excellence.

Pay and Benefits

Salary: USD 164,800 - 188,100 annually

Key Requirements

  • •Obtain or be in the process of obtaining a Bachelor’s or Master’s degree in a quantitative field, business, or marketing by the scheduled start date, or have a Bachelor’s degree in any field with at least 3 years of product management experience.
  • •Translate business strategy and analysis into consumer-facing digital products.
  • •Create PRDs for destination builds and drive test-and-learn using alternative data (e.g., Finicity, SBFE) to underwrite customers.
  • •Lead product strategy and implementation across operations and technology teams to ensure requirements are met on core product platforms.
  • •Develop and scale strategies for financial health, resources and support tools, servicing, and loss mitigation aligned to partner support models.
Experience:3+ years
Education:Bachelor's
Skills:Customer-focusedData-drivenTransformational leadershipCross-functional collaborationProblem-solving
Tech Stack:Alternative DataFinicitySBFECursorClaude CodeGitHub CopilotPRDsE2E testingKPIsLoss mitigation

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn