Principal Product Manager, Financial Products
Faire · New York City, NY; San Francisco, CA · $260k–$357.5k
Posted by Faire on their careers site · View the original posting
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Open 119 days
Hiring? Uncertain · Open 118 days.
The posting, as Faire wrote it
About Faire
Faire is a technology wholesale platform built on the belief that the future is local. Independent retailers around the globe collectively represent a multi-hundred-billion-dollar wholesale market that has historically been fragmented and offline. At Faire, we're using the power of tech, data, and machine learning to connect this thriving community of entrepreneurs across the globe. Picture your favorite boutique in town — we help them discover the best products from around the world to sell in their stores. With the right tools and insights, we believe that we can level the playing field so businesses can grow and local communities can thrive.
We’re looking for smart, resourceful and passionate people to join us as we power the shop local movement. If you believe in community, come join ours.
About this role
Faire's financial products are among the most powerful and differentiated value props we offer — and among the most consequential for both sides of our marketplace. We extend net-60 and net-90 payment terms to retailers on behalf of brands, offer the Faire Pay credit card with 3% back on purchases, and are actively building brand financing. These products do something our partners simply cannot do on their own: absorb risk, deploy capital efficiently, and unlock purchasing behavior that drives growth across the platform.
We're looking for a Principal Product Manager to own the entire Financial Products portfolio — someone who can run disciplined day-to-day execution while simultaneously developing the longer-term strategic roadmap for how financial products evolve as a core business line. This means thinking clearly about unit economics and cost of capital, building conviction around where Faire has durable competitive advantages, and shipping products that move real business metrics.
What you'll do
- Own strategy and roadmap for Faire's financial products. Set the multi-year direction for how Faire Pay, net terms, brand financing, and future financial products evolve, and build the prioritized, financially grounded roadmap to get there.
- Drive Faire Pay adoption and marketplace impact. Expand the invited retailer cohort, improve activation and retention across the funnel, and demonstrate that financial products are a meaningful growth lever for the core marketplace, not just a standalone offering.
- Own the unit economics. Think in contribution margin, cost of capital, and payback periods. Optimize interchange, manage loss rates, and identify where structural advantages exist versus where we need to earn our way in.
- Partner deeply across Finance, Risk, Legal, Data Science, and Engineering. Earn trust across functions, lead without authority, and keep complex, multi-stakeholder work moving without losing momentum.
- Build the infrastructure for scale. Partner to develop the data infrastructure, risk frameworks, and operational foundations needed to grow financial products responsibly, from underwriting logic to
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ble paid time off, plus company-wide recharge days
- Paid parental leave up to 16 weeks
- Comprehensive health coverage, with options varying by location
- Fertility and family-building benefits through Carrot, including a lifetime reimbursement allowance
- Mental health support and coaching through Modern Health
- Stipends to support your professional development, wellness, and work from home needs
- Employer-sponsored retirement plan, dependent on country of employment
Faire was founded in 2017 by a team of early product and engineering leads from Square. We’re backed by some of the top investors in retail and tech including: Y Combinator, Lightspeed Venture Partners, Forerunner Ventures, Khosla Ventures, Sequoia Capital, Founders Fund, and DST Global. We have headquarters in San Francisco and Kitchener-Waterloo, and a global employee presence across offices in Toronto, London, and New York. To learn more about Faire and our customers, you can read more on our blog .
Faire provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or gender expression.
Faire is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Accommodations are available throughout the recruitment process and applicants with a disability may request to be accommodated throughout the recruitment process. We will work with all applicants to accommodate their individual accessibility needs. To request reasonable accommodation, please fill out our Accommodation Request Form ( https://bit.ly/faire-form)
Privacy
For information about the type of personal data Faire collects from applicants, as well as your choices regarding the data collected about you, please visit Faire’s Privacy Notice (https://www.faire.com/privacy)