Join Our Team as a Lead Product Director

We are seeking an innovative thinker ready to shape the future product strategy for Bankrate’s Home Lending transformation. As a Lead Product Director, you will take ownership of the strategy, roadmap, and outcomes for Bankrate’s Supply platform ecosystem. Your primary focus will be Loantek, our pivotal pricing and product engine that supports the home lending marketplace.

Role Overview: Ownership and Leadership

This role emphasizes both end-to-end product strategy ownership and potent people leadership. You will lead a cross-functional team, managing Product Managers and a pricing analyst. Your mission will include setting a 12–24 month product vision to modernize and scale the platform, preparing for future growth and anticipated surges in refinance traffic.

High-Impact Focus: Modernizing the Platform

In this crucial platform role, you will streamline complexity, improve scalability, and enhance reliability. You’ll clarify workflows across pricing, data, and advertisers, paving the way for innovation targeting better personalization and prequalification capabilities.

What You’ll Do

Product Strategy & Vision

• Define the Product Strategy: Take ownership of the product strategy for Loantek, BAP, and RMS, prioritizing Loantek.
• Develop Multi-Year Vision: Create a comprehensive vision for modernizing the pricing engine to manage increased scale and volume, especially for the anticipated 2026 refinance influx.
• Understand Current Operations: Analyze Loantek’s existing pricing logic and integrate constraints to handcraft a cohesive modernization roadmap.
• Strategic Investment Decisions: Frame tradeoffs and guide investments based on customer needs, advertiser outcomes, and platform health.

Cross-Functional Leadership & Execution

• Lead Cross-Functional Teams: Direct a cross-functional squad, empowering PMs to take charge of discovery and delivery.
• Collaborate with Engineering and Design: Work closely with technical teams to ensure quality execution and adequate sequencing of foundational work.
• Establish Metrics and Rhythms: Create clear operating routines and decision frameworks that promote consistent delivery and learning.
• Foster Ecosystem Integration: Partner with engineering, design, and business stakeholders to ensure seamless ecosystem functionality.

People Leadership & Craft Development

• Team Management: Lead and mentor 3 direct reports, helping to refine PM skills and autonomy.
• Clear Coaching Feedback: Provide consistent feedback regarding discovery, delivery, stakeholder management, and systems thinking.
• Balance Hands-On and Delegate: Be actively involved when necessary while empowering PMs to manage day-to-day operations.

Measurement & Outcomes

• Define Success Metrics: Establish metrics tied to scalability, pricing effectiveness, advertiser outcomes, and system reliability.
• Utilize Insights for Strategy: Use both quantitative and qualitative data to validate strategies and direct prioritization.
• Accountability for Outcomes: Emphasize accountability for outcomes and incorporate learnings into future decisions.

What We’re Looking For

• Experience in Home Lending: Proven ownership of a home lending pricing engine or PPE, ideally in mortgage or refinance contexts.
• Technical Knowledge: In-depth knowledge of mortgage pricing, rate logic, and advertiser dynamics.
• Proven Modernization Ability: Experience in modernizing and scaling complex platform systems.
• Strong Leadership Skills:Ability to lead product management teams and influence cross-functional collaboration.
• Systems-Level Thinker: Strategic vision with a focus on long-term outcomes and measurable impacts.

Success Metrics

• Trusted Product Authority: Establish yourself as the go-to expert for Loantek and the larger pricing platform.
• Modernization Vision: Deliver a clear vision that enhances scalability and resilience.
• New Capabilities: Launch innovative platform capabilities that deliver consumer and business value.
• High-Impact Team Development: Cultivate a high-performing PM team and elevate stakeholder confidence.

Compensation and Benefits

• Compensation Range: Total cash compensation ranges from $145,000 to $200,000, with specific figures for New York City at $181,250 to $250,000 based on various factors like location and experience.

Benefits Overview

• Health Insurance (medical, dental, and vision)
• Life Insurance
• Short and Long-Term Disability
• 401(k) with a match
• Flexible Paid Time Off (PTO): 20 days annually, increasing to 25 days after five years.

Who We Are

Bankrate is transforming the future of financial decision-making. With nearly five decades of empowering consumers, we are evolving into a next-generation technology platform underpinned by AI-driven innovation and proprietary data. As we transition towards omnichannel marketing and strategic partnerships, we aim to build a connected financial ecosystem rooted in trust.

Equal Opportunity Employer

Red Ventures is committed to equal employment opportunities and provides reasonable accommodations for individuals with disabilities. Should you require assistance, please contact us for support.

Get ready to be a part of our exciting journey toward redefining financial technology!