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Product - Sr Product Manager - Capital

ACV Auctions
ACV Auctions Salary
New York, NY Full Time
POSTED ON 1/16/2025
AVAILABLE BEFORE 4/3/2025

If you are looking for a career at a dynamic company with a people-first mindset and a deep culture of growth and autonomy, ACV is the right place for you! Competitive compensation packages and learning and development opportunities, ACV has what you need to advance to the next level in your career. We will continue to raise the bar every day by investing in our people and technology to help our customers succeed. We hire people who share our passion, bring innovative ideas to the table, and enjoy a collaborative atmosphere.  Who we are :  ACV is a technology company that has revolutionized how dealers buy and sell cars online. We are transforming the automotive industry. ACV Auctions Inc. (ACV), has applied innovation and user-designed, data driven applications and solutions. We are building the most trusted and efficient digital marketplace with datasolutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable. We are disruptors of the industry and we want you to join us on our journey. ACV’s network of brands includes ACV Auctions, ACV Transportation, ClearCar, MAX Digital and ACV Capital within its Marketplace Products, as well as, True360 and Data Services. At ACV we focus on the Health, Physical, Financial, Social and Emotional Wellness of our Teammates and to support this we offer :  Multiple medical plans including a high deductible, low cost health planCompany-sponsored (paid) Short-Term Disability, Long-Term Disability, and Life InsuranceComprehensive optional benefits such as Dental, Vision, Supplemental Life / AD&D, Legal / ID Protection, and Accident and Critical Illness Insurance Generous paid time off options, including vacation time, sick days, Company holidays, floating holidays, parental leave, bereavement leave, jury duty leave, voting leave, and other forms of paid leave as required by applicable law or regulation Employee Stock Purchase Program with additional opportunities to earn stock in the Company Retirement planning through the Company’s 401(k)Who are we looking for : As a Product Manager for our ACV Capital Team you’ll be responsible for developing the tools and strategies needed to manage lending risk in one of the fastest growing teams at ACV. This role will be accountable for optimizing operational execution, reaching targeted loss rates, and supporting the business through entrepreneurial challenges with simple milestones - such as opening up new channels and securitizing. Leading with data, you’ll be driving forward industry leading solutions to empower the business for its next phase of growth.What you will do : Evaluate and optimize operational processes to ensure compliance with formal policyUtilize data collection & analysis to support proactive risk identificationWork with account management, credit, audit, and operations teams to analyze needsSupport needs around internal / external audit and ensure compliance with any legal & regulatory requirementsDevelop business requirements for engineering teams Develop release marketing and strategies for new capabilities and featuresLead in the execution & delivery of features & productsCreation and presentation of plans and impactsInform prioritization framework for your productContribute to build, buy, partner analysisCreation of 6-month roadmap for your productsCreate functional user stories and acceptance criteriaParticipate in agile ceremoniesDefine product lifecycle for your productCollaborate with design, analysts and engineering to plan development scheduleContribute to discussions with technology and executive leadership to inform, gain consensus and problem solveWhat you will need : 5-7 years in the banking or financial services with experience in risk management or lending operationsExperience defining, optimizing, and automating operational processes Ability to ensure compliance with legal and regulatory requirements with a history of successfully supporting external auditsExperience in the floorplan industry is desired, but not necessary Bachelor’s or Master’s; related fieldDemonstrated product deliveryCreative problem solving skillsStrong customer focusExcellent communications skillsCompensation : $140,000.00 - $160,000.00 annually. Please note that final compensation will be determined based upon the applicant's relevant experience, skillset, location, business needs, market demands, and other factors as permitted by law.No immigration or work visa sponsorship will be provided for this position. #LI-MS1 Our Values Trust & Transparency | People First | Positive Experiences | Calm Persistence | Never Settling   At ACV, we are committed to an inclusive culture in which every individual is welcomed and empowered to celebrate their true selves. We achieve this by fostering a work environment of acceptance and understanding that is free from discrimination. ACV is committed to being an equal opportunity employer regardless of sex, race, creed, color, religion, marital status, national origin, age, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires reasonable accommodation, please let us know.For information on our collection and use of your personal information, please see our Privacy Notice.

Salary : $140,000 - $160,000

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