"Rate is one of the nation's top retail mortgage lenders, delivering a seamless, tech-driven experience that helps customers reach their homeownership and financial goals. Founded in 2000 and based in Chicago, Rate is licensed in all 50 states and D.C. and has helped over 2 million homeowners with a wide range of loan products, competitive rates and personalized service. With 5,000+ employees across 300+ offices and 12+ subsidiaries, Rate's Loan Officers rank among the best in the country. From purchases and refinances to tapping into equity, Rate makes financing faster, simpler and less stressful. Our technology - including Same Day Mortgage, the Rate App, FlashClose, MyAccount and the Language Access Program - has earned recognition from HousingWire, Scotsman Guide, NerdWallet, the Chicago Tribune and Crain's Chicago Business. Learn more at rate.com."
Job Profile:
VP, Fintech Products
Job Description Summary:
We are committed to providing a competitive and equitable total rewards package. The compensation for this role is designed to attract, retain, and motivate top talent.
The expected base salary range for this position is $190,000 to $ 225,000 annually
Job Description:
Why Rate is the BEST Place to Work
As a titan in mortgage lending and digital financial solutions, Rate Companies proudly operates with more than 6,400 employees stationed across over 800 branches nationwide, including Washington, D.C. Founded in the year 2000, we've assisted more than 1 million homeowners with their home purchase loans and refinances. In 2022 alone, we managed a total loan volume exceeding $33 billion. But we're more than just numbers; we're about innovation, offering competitive rates, and delivering customer service, that's second to none. Our accolades include Inside Mortgage Finance's Second Largest Retail Originator for 2023, Chicago Agent's Lender of the Year for the 7th consecutive year, Scotsman's Guide 2022 ranking for having more top originators than any other lenders, NerdWallet's Best Lenders for Low and No-Down-Payment Mortgages of 2022, and Forbes' Best Online Lender for First-Time Homebuyers in 2022. For more information, visit rate.com.
What Makes Our Team Awesome
We are a gritty group of passionate technologists on a mission to dominate the mortgage world!
The Information Technology Team within Rate passionately and consistently puts our customers first. We are building the latest technology to help create the best mortgage experience on the planet and get your mortgage, your way, anytime, anywhere. Whether that is improving our digital mortgage platform, automating loan coordination and underwriting processes, or building out the latest marketing and customer engagement platform, we're doing it all. We build high-performing, self-organized, cross-functional agile teams that operate with minimal hierarchy. Information Technology team members hold themselves and others accountable and live and breathe the tenets of autonomy, mastery, and purpose.
What's the Role?
We are seeking a highly driven and hands-on Product Engineering leader to drive our technology and innovation roadmap in Consumer Lending. This is a critical leadership role for someone who thrives in a fast-paced, startup-like environment and has a proven track record of delivering lending products from conception to market. You'll be expected to hit the ground running, own the Consumer Lending growth roadmap, and drive aggressive goals with speed and precision.
Responsibilities:
Own the end-to-end product strategy and roadmap within the Rate app ecosystem with an initial focus on home equity products with potential future expansion to additional products
Drive rapid product development and launch cycles in a fast-paced, startup-like environment
Lead hands-on product development, from ideation through implementation and market delivery
Work closely with technology platforms, including document integration, pricing platforms and loan origination systems (LOS), with preference for Encompass expertise
Collaborate effectively with cross-functional teams including compliance, legal, secondary markets, engineering, and other product stakeholders
Develop innovative solutions to member engagement and loan demand in the Rate app
Ensure seamless integration of lending products within our comprehensive financial services platform
Drive continuous improvement in product features, user experience, and operational efficiency
Make data-driven decisions to optimize product performance and customer satisfaction
Champion a culture of speed, innovation, and results-oriented execution
Qualifications:
Bachelor's degree in Computer Science, Engineering, or related field
Minimum 5 years of hands-on product management experience in the financial services industry
Proven track record of successfully launching (0 to 1) and scaling Consumer Lending products end-to-end
Deep understanding of Consumer Lending and Residential Lending products, regulations, and market dynamics
Strong technical knowledge of mortgage technology stack, including:
Document integration systems
Loan Origination Systems (LOS), preferably Encompass
API integrations and financial services platforms
Demonstrated ability to work effectively with compliance, legal, and secondary market teams
Experience driving aggressive growth targets and delivering results in fast-paced environments
Excellent communication skills with ability to influence stakeholders at all levels
Strong analytical and problem-solving capabilities
Passion for financial technology and improving customer financial wellness
Preferred Qualifications
Advanced degree in Computer Science, Engineering, or related field
Experience with digital lending platforms and mobile-first financial products
Knowledge of personal wellness integration in financial services
Track record of building products in startup or high-growth environments
Experience with data analytics and A/B testing methodologies
What We Offer
Opportunity to shape the future of lending products in a rapidly growing fintech company
Fast-paced, startup-like culture where your impact is immediately visible
Collaborative environment with passionate team members
Competitive compensation and benefits package
The chance to work on products that make a real difference in customers' financial lives
Other Useful Details
Employee Type: Full-Time
Pay Range: annual pay + bonus and/or commissions
Location: Remote
Additional Job Description Summary:
Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.
The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).
The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).
Please click this link to learn more about our benefit offerings for Washington State: Benefit Offerings for Washington State