Principal Product Manager - Risk & Decisioning

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.