Job Description

We are searching for an innovative thinker who wants to be a part of shaping our future product strategy supporting Bankrate's Home Lending transformation. As a Lead Product Director, you will own the strategy, roadmap, and outcomes for Bankrate’s Supply platform ecosystem, with primary accountability for Loantek, our pricing and product engine that underpins the home lending marketplace.

This role combines end-to-end product strategy ownership with people leadership. You will lead a cross-functional squad and manage a team of Product Managers and a pricing analyst, while setting a 12–24 month product vision to modernize and scale the platform in preparation for future growth and anticipated refinance traffic surges.

This is a high-impact platform role focused on reducing complexity, increasing scalability and reliability, and creating clarity across pricing, data, and advertiser workflows. You will determine the best path forward to invest in our platform and innovate to support greater personalization and prequalification capabilities.

What You’ll Do:

Product Strategy & Vision

• Own and define the end-to-end product strategy for Loantek, BAP, and RMS, with Loantek as the primary and most critical focus area.
• Develop a clear, multi-year product vision for modernizing the pricing engine and supporting systems to handle increased scale, complexity, and volume — including preparedness for expected 2026 refinance traffic surges.
• Deeply understand the current state of Loantek’s pricing logic, integrations, constraints, and operational realities, and articulate a cohesive modernization roadmap from a product lens.
• Frame strategic tradeoffs explicitly and guide investment decisions using customer needs, advertiser outcomes, platform health, and business impact.

• Ensure pricing, data, and advertiser workflows are scalable, reliable, and aligned with long-term business needs.

Cross-Functional Leadership & Execution

• Lead a cross-functional squad, setting direction while empowering PMs to own discovery, delivery details, and sprint execution.
• Partner with Engineering and Design leads to ensure strong execution health, technical quality, and appropriate sequencing of foundational vs. feature work.
• Establish clear operating rhythms, decision frameworks, and success metrics that enable consistent delivery and learning.
• Partner closely with engineering, design, data, and business stakeholders to ensure these systems work together cohesively as a platform ecosystem.

People Leadership & Craft Development

• Manage and coach 3 direct reports, acting as a people builder who grows PM craft, judgment, and autonomy.
• Provide clear expectations, ongoing feedback, and coaching across discovery, delivery, stakeholder management, and systems thinking.
• Balance being hands-on where needed while enabling PMs to independently drive day-to-day execution and discovery.

Measurement & Outcomes

• Define success metrics tied to platform scalability, pricing effectiveness, advertiser outcomes, and system reliability.
• Use quantitative and qualitative insights to validate strategy, guide prioritization, and iterate on the roadmap.
• Take accountability for outcomes, not just output, and incorporate learnings into future investment decisions.

What We’re Looking For:

• Ownership of a home lending pricing engine or PPE, ideally in mortgage or refinance contexts.
• Deep knowledge of mortgage pricing, rate logic, eligibility constraints, margins, and advertiser dynamics.
• Experience with pricing platforms such as Optimal Blue, Mortech, or similar engines.
• Proven ability to modernize and scale complex, legacy platform systems.
• Technical product or engineering background focused on backend, platform-level systems.
• Strong product leadership with a 12–24 month strategic horizon and systems-level thinking.
• Experience leading PMs or readiness to step into people leadership.
• Ability to influence cross-functional teams and drive measurable, revenue-impacting outcomes amid ambiguity.

What Success Looks Like:

• Becomes the trusted product authority for Loantek and the broader pricing platform.
• Delivers a clear modernization vision that improves scalability, resilience, and future readiness.
• Ships net-new platform capabilities that create meaningful consumer and business value.
• Builds a confident, high-impact PM team and increases stakeholder clarity and confidence.

Compensation:

This range reflects total cash compensation, which may include base salary only or base salary plus target bonus, depending on the role. Where eligible, equity may also be offered separately and not included below. Actual compensation varies based on location, experience, and qualifications.

• Total Cash Compensation Range: $145,000 - $200,000

*New York City Total Cash Compensation Range: $181,250 - $250,000

Additionally, the following benefits are provided by Red Ventures, subject to eligibility requirements.

• Health Insurance Coverage (medical, dental, and vision)
• Life Insurance
• Short and Long-Term Disability Insurance
• Flexible Spending Accounts
• Holiday Pay
• 401(k) with match
• Employee Assistance Program
• Paid Parental Bonding Benefit Program
• Flexible Paid Time Off (PTO): We believe time to rest and recharge is essential. That’s why we offer a generous and flexible PTO policy. Full-time employees accrue 20 days of PTO for a full calendar year annually, with an increase to 25 days after five years of service.

Who We Are:

Bankrate is redefining the future of financial decision-making. For nearly five decades, we’ve empowered tens of millions of consumers to make smarter financial choices and helped hundreds of leading financial institutions grow. Today, we’re evolving from a marketplace into a next-generation technology platform—underpinned by proprietary data, AI-driven innovation, and deep enterprise integrations. With our track record of delivering consumers quantifiably better offers—for example, on home loans where we lead the market—Bankrate stands at the center of the $60B U.S. financial services acquisition opportunity. As we expand through omnichannel marketing and strategic partnerships, and launch unique consumer product applications, we’re building a more efficient, personalized, and connected financial ecosystem—one grounded in trust. Join us as we transform five decades of credibility into the next era of financial technology.

Red Ventures is an equal opportunity employer that does not discriminate against any employee or applicant because of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or any other basis protected by law. Employment at Red Ventures is based solely on a person's merit and qualifications.

We are committed to providing equal employment opportunities to qualified individuals with disabilities. This includes providing reasonable accommodation where appropriate. Should you require a reasonable accommodation to apply or participate in the job application or interview process, please contact accommodation@redventures.com.

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