Opportunity at
FairePrincipal Product Manager, Financial Products
Faire operates a global wholesale technology platform designed to link independent retailers with international brands, utilizing machine learning and data tools to support local businesses. The…
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About This Role
Faire operates a global wholesale technology platform designed to link independent retailers with international brands, utilizing machine learning and data tools to support local businesses. The company is currently seeking a Principal Product Manager to direct its Financial Products portfolio in New York. In this position, the professional will oversee major financial offerings such as net payment terms, the Faire Pay credit card, and upcoming brand financing initiatives. The individual…
Job Description
Faire operates a global wholesale technology platform designed to link independent retailers with international brands, utilizing machine learning and data tools to support local businesses. The company is currently seeking a Principal Product Manager to direct its Financial Products portfolio in New York.
In this position, the professional will oversee major financial offerings such as net payment terms, the Faire Pay credit card, and upcoming brand financing initiatives. The individual will manage day-to-day operations while shaping the long-term strategic direction of the product line, balancing risk management, capital costs, and unit economics.
This role suits an experienced product leader with a strong financial background who can collaborate across disciplines including finance, legal, risk, data science, and engineering. The position requires a professional capable of translating complex underwriting concepts for various stakeholders and driving measurable marketplace growth.
Responsibilities
- Formulate and execute the strategy and roadmap for the entire financial products portfolio
- Drive adoption and engagement for Faire Pay across the funnel
- Manage unit economics, contribution margins, cost of capital, and loss rates
- Collaborate with finance, legal, risk, data science, and engineering departments
- Build risk frameworks, underwriting logic, and data infrastructure for operational scaling
- Communicate complex credit risk and underwriting concepts to leadership and engineering teams
Requirements
- Possess at least ten years of product management experience managing complex cross-functional products end to end
- Demonstrate hands-on experience building and launching financial products like credit, lending, payments, or BNPL
- Understand financial mechanics including underwriting logic, cost of capital, credit risk, and regulatory constraints
- Demonstrate fluency in business equations, unit economics, and cohort-level payback periods
- Work on-site in New York on a hybrid schedule
Qualifications
- Bring background experience in B2B marketplaces, including two-sided market dynamics and B2B credit differences
Core Skills
Benefits
- Equity options
- Comprehensive benefits package
- Access to enterprise AI tools and resources
- Flexibility to work remotely up to four weeks per year
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the location and remote policy for this role?
This position is based in New York on a hybrid schedule. Employees work in the office on Tuesdays, Thursdays, and a third flex day of their choosing, with the flexibility to work remotely for up to four weeks per year.
What is the salary range for this position?
The source posting does not specify a salary range for the New York location.
What type of employment is this?
This is a full-time employment opportunity.
How many years of experience are required?
Candidates must have 10 or more years of product management experience, specifically with building and launching financial products such as credit, lending, payments, or BNPL.
Sample Interview Questions
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