Principal Product Manager - Horizon Initiatives

Mission

As we work to help consumers achieve financial freedom, the Principal Product Manager (PM) will work focus on Horizontal Initiatives such as unlocking Sub Prime, Pricing, Smart Offers etc.  They will work with other domain PMs across the Funnel and Operation and drive their roadmaps to deliver on Horizontal efforts. 

The Principal PM acts with a general manager mindset—crafting vision, managing the roadmap, and leading execution. This role requires deep user empathy, strong cross-functional collaboration, and a focus on measurable impact.

Outcomes for Principal PMs

Connect Product to Company Strategy

• Establish a clear, outcome-oriented product vision aligned to company goals.

• Maintain a product operating rhythm with a multi-quarter roadmap balancing fast iteration with long-term value.

Deliver High-Impact Products

• Partner closely with Research, Design, Usability, and Engineering to build user-centered, outcome-driven products.

• Prioritize rigorously using data, experimentation, and modern product processes.

• Drive execution excellence from vision to launch, ensuring delivery is measured, efficient, and outcome-focused.

Lead Scalable Experimentation & Optimization

• Build and scale lean, data-visible product development workflows.

• Cultivate a culture of high-velocity learning through rapid iteration and structured testing.

• Improve conversion, funnel performance, and product decision quality via continuous experimentation.

Role Specific Outcomes

• Double Submit-to-Fund Conversion Expand lender participation across the credit spectrum. Optimize routing, prequal logic, and decision-engine infrastructure. Partner deeply with the Lending team to maximize fund rates.

• Grow Revenue per Loan by 30% Optimize lender bounty, cross-sell pricing, and attachment. Identify backend improvements that increase revenue while maintaining a strong user experience.

Competencies

Caribou Values

• Give a Damn – Deep ownership of outcomes for customers, partners, and Caribou.

• Velocity – Prioritizes speed with direction. Acts with urgency, ships fast, iterates.

• Make the Assist – Collaborates across teams. Removes blockers. Aligns priorities. Synthesizes complexity for ICs and execs alike. Remains calm and focused under pressure.

Role-Based Skills

• Curiosity & Tech Exploration – Explores and adopts emerging technologies (especially AI) to improve both product development and personal workflows.

• Technical Fluency – Interfaces deeply with engineering and data. Understands technical trade-offs and brings system-level thinking to product strategy.

Experience

• 8+ years in product management roles, preferably in technology-driven companies.

  • Background in Computer Science, Engineering, or a related field; top-tier MBA a plus.

  • Experience in marketplace businesses and/or fintech/lending strongly preferred.

  • Demonstrated track record applying AI to product and workflow innovation.

How we will take care of you

Everyone at Caribou is a valued team member. Our compensation and benefits package includes:

• Competitive compensation: $173k - $217k

• Eligible for annual performance based incentive

• Equity options 

• 401(k) retirement plan

• Generous paid time off including Flexible Time Off (FTO) for all employees and 100% paid parental leave for all parents

• Exceptional benefits including highly subsidized medical, dental, and vision plans, and fully company-paid mental health, disability, and basic life insurance

• Optional benefits to suit your individual circumstances such as HSAs (with Caribou HSA contributions), FSAs, supplemental life and health, legal, and pet insurance

• Up to $1,000 per year for eligible professional development expenses