Principal Product Manager – Risk & Decisioning
access searchOak Park, IL
Principal Product Manager – Risk & Decisioning
access searchOak Park, ILManager L7
Consumer LendingOther Activities Related to Credit IntermediationFinancial Transactions Processing, Reserve, and Clearinghouse Activities
APPLY NOW (opens in a new tab)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.
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Level
Manager L7
Location
Oak Park, IL
Occupation
Financial Risk Specialists
Industry
Consumer Lending
Posted
4 days ago