Lead Product Manager, Risk Decisioning

Most money apps talk at you. Cleo talks back ✨

Were not building another finance app. Were building the worlds first AI financial assistant, one that actually understands your money and makes you better at it, and were changing the worlds relationship with money in the process For everyone, whatever their background or balance.
The proof: profitable, fast-growing, a unicorn with over $300M in ARR, and millions of people who now feel differently about their money.
We love original thinkers who challenge the status quo. We move fast, tell the truth, and theres nowhere to hide from good work here. If that excites you more than it scares you, youll fit right in.
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Meet The Team

Here at Cleo we have team of ~135 member in our Credit Pillar. This function brings together several specialisms, all working toward managing portfolio performance; designing the systems, models, and controls that make lending sustainable. They drive to build and grow a portfolio of responsible EWA & Pay Later products that can scale across markets while protecting users from high cost debt trap.
About The Role ✍️
We’re hiring a hands-on

Lead Product Manager

to drive Cleo’s Pay Later risk decisioning roadmap. You’ll build the risk models, credit limits and policies that decide who qualifies for Pay Later and how much credit they get, leading a cross-functional squad across Engineering, ML and Risk.
Key Responsibilities

Improve our risk models, taking them through approval, testing and rollout

Set credit limits and pricing policy, including new risk grids and spending power rules

Own our bureau data partnership (TransUnion) - what data we collect, when, and how it feeds our models

Spot and fix gaps in our data and reporting, working with central data teams

Build solutions to catch fraud within Pay Later

What Were Looking For ️

Deep, hands-on experience in fintech risk, credit or underwriting - model-literate across the full ML lifecycle, from discovery to deployment

Proven record of moving business metrics (not just feature-level metrics) on a fast-scaling product

Comfort owning ambiguity - working with limited data, unproven models and pending approvals, and making the trade-offs between pricing, limits and credit risk

Strong data fluency - runs A/B tests, writes SQL, and translates data into compelling stories

Deep understanding of US consumer finance regulation (e.g. Reg Z, Reg B), with experience working alongside legal, compliance and banking partners

What we offer

We offer benefits package built to support you in and out of work. Benefits vary by country and include meaningful equity, comprehensive health insurance, mental health support, a paid one-month sabbatical after four years, a learning & development platform, pension or retirement contributions, and location-specific leave entitlements.
For the full breakdown on whats available in your location, visit our Candidate Hub

What Matters

Cleos mission is to change the worlds relationship with money. We cant do that without building a brilliant, genuinely diverse team - and making sure our hiring process gives everyone a fair shot, running a fair and transparent recruitment process in which every candidate is considered on their merits.
Were glad to make reasonable adjustments at any stage of the process. If theres anything we can do to support you in showing us your best, please let your recruiter or one of the team know.
We may use AI-assisted tools during the recruitment process to take support the team in different ways like taking notes or referring back to conversations. They do not replace the team and all applications are reviewed by a Cleo employee thoroughly!