Head of Product (Embedded Finance)

JOIN MARKETFINANCE

We believe in the UK’s 6 million small businesses. Since 2011 we’ve pioneered smart technology to give more businesses access to the right finance, faster and at affordable rates.

These businesses have the single biggest impact on our economy and communities. But accessing the finance to bridge today’s funding gaps and fuel tomorrow’s big ambitions is a constant challenge. At MarketFinance we solve these challenges by taking the friction out of finance.

As a team, we’re united by our obsession of understanding what our customers are up against and supporting them at speed. We’re looking for passionate people who want to drive innovation, so businesses can fund the small steps, the giant leaps and everything in between.

THE ROLE

MarketFinance has helped thousands of small businesses bridge the gap between completing orders and waiting to collect buyer payments. Since launch we’ve handled over £30 billion in B2B payments and advanced £3 billion in funding. We are now interested in how we evolve our product set to integrate into third party ecosystems, creating an embedded finance offering. Increasingly B2B transactions are going digital and we are very well placed to help various platforms with this transition.

We are looking for an experienced product leader to drive this next phase of our embedded finance offering. This will involve evolving our invoice finance products and adding adjacent solutions such as payments, authentication, reconciliation and working capital finance. You can read more about our company product roadmap here: https://marketfinance.com/blog/careers/2021/06/03/…

A Head of Product will have complete ownership for a product line and work within a cross-functional business unit (called a “Squad”). This comes with responsibility for key customer, growth and financial metrics. You will work closely with the entire leadership team given the importance of product development to our company success.

 

What you’ll be doing:

Own the entire customer discovery, product roadmap, prioritisation process and key output KPIs including the P&L for one of our lending products within MarketFinance
Own the product strategy, namely target customer, market sizing, segmentation, product positioning, acquisition channels, pricing, funding, and risk frameworks
Identify customer problems, ensure we are 100% customer centric, ensure our product decisions are data-driven
Define & track product-specific goals and metrics and ensure they are aligned to business goals.
Own the product proposal process in your squad, set impact metrics, and make decisions.
Communicate widely to the whole company why we are prioritising certain product features and updating against impact metrics and which features have been most successful.
Work closely with the engineering team to ensure timely delivery of the product features.
Coordinate and work closely with other Head of Products and business functions like Risk, Finance, Operations, and Commercial.

REQUIREMENTS
What we’re looking for:

Great at prioritising the most impactful projects for our customers, while cutting out the noise that often gets in the way
Strong customer discovery and validation skills
Strong project management and communication skills
Passionate about evolving our products to delight our customers
Strong manager of people from across a wide range of backgrounds
Experience in launching and delivering complex products that have demonstrated growth and scale
Passionate about how fintech can help many small businesses manage their cash flow as we emerge from the Covid-19 pandemic
Some history working on fintech or financial solutions (such as lending / cards / payments) would be useful in the role
Our company values are:

#MakeItHappen: We’re focused on getting the important stuff done first. We find solutions (they’re out there!) and get it done.

#AlwaysBeLearning: The only constant is change: we embrace it and learn. We ask for and listen to feedback, and always provide it too.

#1Team1Dream: When we succeed collectively, we all succeed individually. Everyone has a voice and we listen to each other’s opinions.

BENEFITS
Hybrid working model between the office and remote work
Annual 45 days work from abroad allowance
Competitive salary and best-in-class share options scheme
26 days annual leave, which includes your birthday off!
Enhanced parental leave and pension contribution of 4%
Private health coverage and half-price Virgin Active gym membership
Amazon Kindle, unlimited e-books expense policy and annual training budget

 

We raised £280 million in debt and equity this year to power our growth. You can read more about it in Techcrunch.

 

OUR COMMITMENT TO YOU

MarketFinance is constantly working to maintain and improve our inclusive, friendly workplace. We ensure that both applicants and our people receive unbiased treatment without discrimination on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race or any other protected characteristic.

 

You can find information on how we store your data and our privacy policy for candidates here.

EXPERIENCE
Director

Tagged as: Flexible hours