Assistant Vice President (AVP) of Product - autoMHatic Financial

Wayne, PA

About the Job

Assistant Vice President (AVP) of Product

Join an Innovative Manufactured Home Lender Revolutionizing the Industry!
autoMHatic Financial is a private equity-backed lender specializing in Manufactured Home loans. Formerly known as Tammac Holdings, we've originated over $1 billion in loans over 40 years. We're innovators – launching groundbreaking products and leveraging technology to bring speed, service, and solutions to our customers and partners, including a loan decision within minutes! Our goal is to revolutionize the Manufactured Housing industry.

Overview
We’re looking for a dynamic and results-oriented VP of Product with experience in consumer lending. The AVP of Product will play a pivotal role in shaping the product strategy and execution, ensuring the company's continued growth and success in the MH lending space. This individual will lead the product team, collaborate with cross-functional departments, and oversee the entire product lifecycle from conception to launch. The ideal candidate is a seasoned product leader with a strong background in consumer lending, exceptional strategic thinking, and a proven track record of delivering innovative products.

We recently launched an industry-first instant decision product providing customers with a full loan approval within minutes using our online digital tools in collaboration with our partners. We are the first MH lender with a mobile app in Apple and Android play stores. The VP will take our products to the next level of growth by continuing to build new features and capabilities in collaboration with our partners and customers. The leader will work collaboratively with our Dealer/ Community partners, customers, and internal teams to incorporate feedback and build products that will scale in the market. This leader will be a key member of our leadership team and report to our CPO.

Key Requirements

Strategic Leadership: Develop and implement a comprehensive product strategy that aligns with the company’s vision and business goals, with a focus on differentiating MH loan products in the market.
Product Development: Oversee the end-to-end product development process, from market research and ideation to launch and post-launch optimization.
Cross-Functional Collaboration: Work closely with engineering, sales, marketing, compliance, and other departments to ensure seamless product development and delivery.
Team Leadership: Build, mentor, and lead a high-performing product management team, fostering a culture of innovation and excellence.
Stakeholder Management: Communicate product vision, strategy, and progress to executive leadership, and other key stakeholders.
Performance Metrics: Define, track, and analyze key product performance metrics to drive continuous improvement and ensure product success.
Customer Focus: Champion the voice of the customer (Partners and Borrowers), ensuring that product decisions are informed by customer needs and feedback.
Regulatory Compliance: Ensure all products comply with relevant regulatory requirements and industry standards.
Innovation: Stay abreast of industry trends and emerging technologies to drive product innovation and maintain competitive advantage.

Key Requirements

Experience: Minimum of 10 years of product management experience, with at least 5 years in a leadership role within the consumer lending or financial services industry.
Industry Knowledge: Familiarity with consumer lending, mortgage processes, originations, underwriting, processing, and closings.
Technical Proficiency: Expertise with Loan Origination Systems (LOS), Point of Sale (POS) platforms, payment processing, servicing, and CRM platforms. Encompass experience and nCino familiarity are a plus.
Leadership Skills: Proven ability to lead and inspire cross-functional teams and drive organizational change.
Analytical Skills: Strong analytical and problem-solving skills, with the ability to leverage data to inform product decisions.
Communication: Excellent communication and presentation skills, with the ability to articulate complex ideas clearly and concisely.
Hands-On Approach: Ability to build PRDs, workflows, use logical reasoning, manage vendors, and work collaboratively with internal teams and customers.
Innovation and Technology: Awareness of new technologies and the know-how to use the right solutions to drive efficiencies and reduce costs.
Entrepreneurial Experience: Preferably someone with startup or entrepreneurial experience who is hands-on and comfortable in a fast-paced environment.
Results-Oriented: Track record of delivering successful products that drive business growth and customer satisfaction.

Benefits
Joining autoMHatic Financial comes with a range of enticing benefits designed to enhance your work-life balance and foster a vibrant, rewarding work environment. As part of our team, you'll enjoy:

Compensation Package: We offer a competitive compensation package that includes base and bonus to recognize and reward your valuable contributions. We also offer a comprehensive benefits package, including healthcare, dental insurance, and 401K.
Generous Paid Time Off (PTO): Take the time you need to recharge and pursue your passions outside of work with our comprehensive PTO package.
Exciting Team Events: From team-building activities to fun social events, we believe in fostering a strong sense of camaraderie through regular events that bring our team together.
Thriving Startup Environment: Immerse yourself in a dynamic startup culture where innovation, collaboration, and creativity thrive, offering endless opportunities for growth and development.

Source : autoMHatic Financial