Remote friendly (New York, New York, United States)
Worldwide
$220,000 - $225,000 USD yearly
DescriptionWhat you'll do:Spend time with our debt origination teams—including prescreen, underwriting, and closing professionals—to understand their day-to-day workflows, pain points, and opportunities for automationPartner with design, engineering, data science, and analytics teams to identify and prioritize AI-driven solutions for document data extraction, cross-document auditing, and automated data ingestion into loan calculation modelsMeet with capital markets leaders and underwriting managers to align on process inefficiencies and map them to technology solutions that can deliver measurable time and cost savingsShadow underwriters and closing teams to observe their document review processes and identify opportunities for AI-powered automationPartner with your fellow product managers on integrations and changes that may impact other capital markets solutions across the organizationDrive the product strategy for transforming manual data extraction and entry processes into automated, AI-enhanced workflowsThe ideal candidate for this role loves getting into the details of complex financial workflows, has experience with AI/ML product development, goes deep with internal users to understand their operational needs, has a proven track record of collaborating with capital markets, underwriting, and operations teams, and is skilled at communicating across levels and functions. Success in the role will be measured by process efficiency gains, time savings in debt origination workflows, and ultimately achieving a 20% cost reduction in our debt origination function.What you'll bring:•Prior product experience working with financial services, lending, or debt origination platforms is highly preferredDemonstrated experience with AI/ML product development, particularly in document processing, data extraction, or workflow automationProven ability to make a meaningful impact on operational efficiency through technology solutions and your contributions to the product roadmapYou have more than 10 years of product management experience, having evolved product portfolios that have delivered measurable process improvements and cost savingsBachelor's degree and 12+ years of related experience preferred or equivalent work experienceVision – You have an eye for process optimization opportunities, including defining and driving AI-powered automation features with quantitative and qualitative reasoningInternal Customer Focus – You comprehend and advocate for our debt origination teams; you bring strong empathy for complex financial workflows and experience driving product direction based on operational pain points and efficiency opportunitiesAttention to Detail – You sweat the small stuff in financial processes, and you raise the team's standards for accuracy and attention to detail in loan data handlingPlanning – Lead cross-functional participation in planning and execution; direct product development toward the highest-ROI automation opportunitiesDecisive – You can translate complex underwriting requirements and regulatory constraints into solid AI product plans and precise technical requirementsCommunication Skills – Clear, concise written and verbal communication skills; experience crafting epics, user stories, and tasks for complex financial workflowsLeadership – You can unite and steer cross-functional teams aligned to process transformation goals without direct managerial authorityProduct management experience at a leading technology company, with enterprise software, financial services, lending, or real estate technology experience strongly preferredDemonstrated experience in adopting product management best practices, standards and policies in regulated financial environmentsStrategic thinker – Understands capital markets business objectives and converts them into clear product plans for operational transformationAnalytical and results oriented – Uses hard data to assess automation opportunities, metrics driven on efficiency gains, ruthless in prioritization of highest-impact process improvementsComfortable with ambiguity and challenge – Thrives in a fast-paced financial services environment, concurrently manages multiple automation initiativesExcellent communicator – Articulates the product strategy for debt origination transformation, experienced in presenting efficiency and cost reduction results to senior executivesNice to haves:Commercial real estate debt, mortgage technology, lending operations, or FinTech experienceExperience with AI/ML applications in document processing, OCR, or financial data extractionDemonstrated success with process reengineering projects that delivered significant cost savingsYou have owned product strategy for complex financial products with regulatory considerationsExperience with loan origination systems, underwriting platforms, or closing management tools Salary Range Language: The expected base salary for this position ranges from $220,000 to $225,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).Working Conditions: Normal working conditions with the absence of disagreeable elements.Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.