Vice President, Product Development Strategy

Open Lending

About The Position

As VP, Product Development Strategy, you will own the full lifecycle of new and reimagined products across consumer lending spectrum. You will analyze competitive products, reverse engineer what drives their success, and lead the build of differentiated, scalable products. This role sits at the center of Product, Technology, Operations, Risk, Compliance, Marketing, Sales, and Finance. You will be responsible for driving complex, cross-company initiatives that deliver measurable revenue and customer growth.

Requirements

10+ years in financial services, fintech, or mortgage banking
3+ years in senior leadership
Proven success launching and scaling lending and/or banking products
Direct experience across auto, personal lending, and subscription-based models
Strong understanding of consumer lending regulations and compliance
Demonstrated ability to take products from concept to billions in volume
Deep experience analyzing competitive products and building superior alternatives
Bachelor’s or advanced degree preferred.

Nice To Haves

Background in lending, credit, or financial services platforms
Experience modernizing legacy systems or launching new platforms
Familiarity with risk management, pricing, or capital considerations
Experience supporting high growth organizations

Responsibilities

Product Leadership & Strategy
Set a clear product vision and roadmap that supports business growth and long term goals
Lead and develop a strong product development team, establishing consistent processes and best practices
Translate high level business objectives into clear product priorities and deliverables
Ensure products are designed to scale and adapt as the business evolves
Drive improvements that increase automation, reduce manual work, and improve turnaround times
Partner closely with engineering and data teams to deliver reliable, high quality solutions
Own the End-to-End Product Lifecycle
Move from concept to pilot to full-scale national rollout
Build business cases, pricing models, and go-to-market plans
Define KPIs and continuously optimize performance
Lead Cross-Functional Execution
Act as a trusted partner to senior leaders across business, operations, sales, and marketing
Align product plans with revenue goals, risk management, and operational capacity
Clearly communicate priorities, progress, and tradeoffs to executive stakeholders
Define realistic delivery plans that support both near term needs and long term strategy
Build strong relationships with key external partners and vendors
Operational Excellence
Serve as a subject matter expert for key post launch and operational workflows
Support major releases and ensure successful adoption across teams
Gather input from users and stakeholders to continuously improve product performance
Lead requirement definition, testing, and approval of changes
Ensure systems remain reliable, compliant, and well documented
Build and Develop a High-Performance Team
Recruit and mentor top product talent
Foster a culture of analytical rigor, customer focus, and execution