Skip to main content
Principal Product Manager – Risk & Decisioning Chicago, IL | Onsite$175K–$225K Base + Equity
Industry: Fintech | Payments | Lending | BNPL | Financial Services
We're seeking an experienced Principal Product Manager to own real-time transaction risk, fraud decisioning, and loss optimization for a rapidly scaling financial technology platform.
Technical Must-Haves: 7+ years of Product Management experience within fintech, payments, lending, BNPL, issuing, insurance, or financial risk. Risk & Decisioning: Experience owning real-time transaction approval systems, fraud detection, underwriting, or credit risk products. Loss Economics: Strong understanding of expected loss, approval rates, loss rates, unit economics, and financial exposure. ML/AI Model Productization: Experience partnering with Data Science and Engineering to deploy predictive risk models, decision engines, and rules-based systems into production. Data-Driven Product Ownership: Ability to evaluate precision/recall tradeoffs, optimize decision thresholds, and measure financial impact. End-to-End Product Delivery: Proven ability to build and scale technically complex products from concept through production.
Industry Experience Required: Fintech, payment processing, lending, BNPL, credit/underwriting, insurance, or financial platforms where the company directly assumes financial risk or transaction losses.
Preferred: Cross-border payments, fraud prevention, regulatory compliance (AML/BSA, NACHA, PSD2), or quantitative finance.
Ideal Candidate: A hands-on, technically fluent Product Manager who has directly owned risk-related financial outcomes—not simply supported fraud or compliance initiatives. Unfortunately, no sponsorship or transfer.

Matching similar jobs

Level

Manager L7

Location

Oak Park, IL

Occupation

Financial Risk Specialists

Industry

Consumer Lending

Posted

4 days ago

APPLY NOW (opens in a new tab)