---
title: 'Principal Product Manager at Pagaya'
canonical: 'https://feeny.ai/job/principal-product-manager-pagaya-new-york-6barjyw40mpq'
type: 'job'
last_seen: '2026-09-05'
---

# Principal Product Manager at Pagaya 

- **Company:** Pagaya 
- **Location:** New York, NY
- **Compensation:** $190k–$230k
- **Posted:** 2026-08-17
- **Last confirmed live:** 2026-09-05
- **Apply:** https://job-boards.greenhouse.io/pagaya/jobs/7886500003

## Job description

## About Pagaya

Shape the Future of Finance

Pagaya is building a leading artificial intelligence network to help our partners grow their businesses and better serve their customers.

Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit [pagaya.com](https://pagaya.com/).

Let's create better outcomes together!

## About the Role

Pagaya sits at the intersection of lenders, consumers, and institutional investors in the consumer credit ecosystem. We are seeking a Principal Product Manager to drive the next phase of our platform expansion. In this role, you will lead the end-to-end product strategy and development required to scale our white-label network across new and existing enterprise partners.

As a Principal Product Manager, you will serve as a strategic thought partner to executive leadership while maintaining hands-on execution. You will tackle complex technical challenges—from architecting seamless platform integrations and robust API developer ecosystems to scaling core underwriting engine infrastructure. This is a high-visibility, individual contributor role where your strategic vision and technical execution will directly influence Pagaya’s growth trajectory.

## Responsibilities

End-to-End Product Strategy & Development

- Define Product Vision: Drive the multi-year product strategy for Pagaya’s core lending network, aligning business growth objectives with scalable technology solutions.
- Full-Lifecycle Ownership: Own products from zero-to-one conceptualization through technical spec development, launch, and continuous post-launch optimization.
- Portfolio Scaling: Balance immediate revenue-driving partner feature requests against long-term core platform architectural investments.

Platform Integrations & API Development

- Enterprise API Strategy: Lead the product development of high-throughput, low-latency APIs and developer tooling that enable frictionless enterprise integration for banks, fintechs, and point-of-sale partners.
- Seamless Partner Onboarding: Design scalable integration frameworks that dramatically reduce partner onboarding timelines, standardize data exchange, and streamline partner configuration.
- Developer Experience & Tooling: Establish robust documentation, sandboxes, and integration tooling to ensure Pagaya's platform remains the preferred integration choice for institutional financial partners.

Core Product Development & Platform Infrastructure

- Core Engine Scalability: Partner deeply with Engineering and Data Science to enhance Pagaya’s core underwriting, decisioning, and capital allocation platforms as transaction volume scales across the business.
- Productization of AI/ML Models: Translate complex machine learning models and credit decisioning workflows into scalable, resilient product features.
- Enterprise Reliability: Ensure core systems meet rigorous performance, uptime, data security, and compliance standards necessary for enterprise banking environments.

Cross-Functional Leadership & Partner Impact

- Executive Alignment: Serve as a trusted advisor to senior leadership across Product, Engineering, Data Science, and Capital Markets, translating technical trade-offs into business decisions.
- Partner Collaboration: Work alongside Growth and Partnerships to engage with key banking and fintech partners, transforming market feedback into platform capabilities.
- Product Excellence: Elevate product management standards across the organization, refining product operations frameworks, and championing a data-driven execution culture.

## Qualifications

- Experience: 8+ years of progressive product management experience, with a focus on fintech, high-growth B2B enterprise platforms, or consumer credit ecosystems.
- Domain Expertise: Demonstrated track record in API development, enterprise platform integrations, and developer-facing software products. Familiarity with lending, banking rails, or credit risk systems is strongly preferred.
- Technical Depth: Exceptional technical fluency. Ability to converse seamlessly with systems architects, data scientists, and engineering leaders regarding API design, platform scalability, and machine learning infrastructure.
- Strategic Execution: Proven history of operating as a high-impact strategic individual contributor—able to write crisp PRDs, define clear system architectures, and lead cross-functional delivery teams without direct authority.
- Analytical Mindset: Rigorous, data-driven approach to prioritization, success metrics, performance tracking, and continuous product iteration.
- Communication & Influence: Excellent executive presence with the ability to articulate complex technical and financial concepts to internal executives and external partner stakeholders.

The pay ranges for New York-based hires are commensurate with candidate experience.

Pay ranges for candidates working in locations other than New York may differ based on the cost of labor in that location.

## Compensation Range for New York Based Hires

$190,000—$230,000 USD

## Our Team

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs with our head quarters located in NYC and Tel Aviv.

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

Join a team of builders who are working every day to enable better outcomes for our partners and their customers.

## Our Values

- Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
- Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
- Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
- Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
- Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.

More than just a job

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.

## About Pagaya 

## Company Overview
- **One-liner**: Pagaya is an AI-powered lending network that connects financial institutions with institutional investors to enable more inclusive and efficient consumer credit decisions.
- **Entity Type**: Public (NASDAQ: PGY)
- **Headquarters**: New York, New York, United States
- **Founded**: 2016
- **Founders**: Gal Krubiner, Avital Pardo, Yahav Yulzari

## Core Business
- Primary industry: Financial technology (fintech) / Consumer lending
- Target customers: B2B – banks, credit unions, fintech lenders, and other financial service providers; also institutional investors (pension funds, sovereign wealth funds, asset managers)
- Mission: "Deliver more financial opportunity to more people, more often"

## Products & Services
- **Decline Monetization (Flagship)**: Automatically sends rejected loan applications to Pagaya’s network for a second look, enabling partners to approve customers they would otherwise decline without incremental risk. (SaaS/API)
- **Dual Look**: Concurrent evaluation of applications with partners in real time to increase capture rates. (API)
- **FastPass**: Removes verification friction for qualified borrowers to accelerate transactions. (API)
- **First Look**: Routes designated application segments to Pagaya’s network before the partner reviews them. (API)
- **Affiliate Optimizer Engine**: Enables partners to price and underwrite traffic from third-party affiliate channels via AI. (API)
- **Direct Marketing Engine**: Uses Pagaya’s data network to help partners acquire new customers through email and direct mail. (API)
- **Pagaya Intelligence**: Proprietary AI decision engine that processes applications in real time with zero latency. (Technology platform)

Asset classes covered: Personal loans, auto loans, point-of-sale (POS) financing, and single-family rental (SFR) real estate.

## Market Standing
- **Valuation/Market Cap**: Not directly available from provided sources; publicly traded on NASDAQ under ticker PGY (market cap fluctuates with market conditions).
- **Key Metric**: Annual Revenue of $1.3 billion (2024, per LinkedIn estimate) / Total loan applications evaluated: **$3.6 trillion** (as of 2025 10-K) / Cumulative new credit generated: **$43 billion** (per website).
- **Notable Investors/Partners**: Institutional investors including pension funds, sovereign wealth funds, and asset management firms; 30+ lending partners (banks and fintechs).
- **Growth Signals**: Headcount grew to 518 employees as of December 2025 (up from ~400+ earlier); expanded into auto loans, POS, and SFR asset classes; processing scale creates a powerful data flywheel for AI improvement.

## Competitive Advantages
- **AI-powered underwriting** trained on trillions of dollars in loan applications, providing superior accuracy and real-time adaptability.
- **Decline monetization model** lets partners retain customers they would otherwise reject, with zero balance-sheet risk.
- **Seamless API integration** with minimal latency, requiring limited upfront investment.
- **Regulatory compliance** fully aligned with U.S. fair lending, data security, and risk management standards.
- **Multi-product ecosystem** covering the full lending lifecycle (acquisition, application, point-of-sale) across multiple asset classes.

## Strategic Focus
- Expand product suite beyond decline monetization into Dual Look, FastPass, Direct Marketing, and Affiliate Optimization.
- Grow into new asset classes (auto, POS, SFR) and deepen partnerships with leading financial institutions.
- Continue investing in AI and data science to maintain a competitive edge in credit evaluation.
- Effective capital and risk management to support institutional investor relationships and fee-generating side of the business.

## Why Work Here
- **Culture**: Team-oriented, entrepreneurial, and described as "curious builders" who take on inefficient systems. Core values emphasize innovation, collaboration, and impact.
- **Work Model**: Hybrid/remote options – some roles listed as "US Remote" (e.g., Senior DevOps Engineer). Offices in New York (HQ) and Tel Aviv, Israel, with operations in Poland, Canada, and Portugal.
- **Growth & Impact**: Rapidly growing public company with a mission to expand credit access. Employees work on cutting-edge AI, data science, and product development at scale.
- **Engineering Culture**: Strong emphasis on data science, machine learning, and platform engineering. Open roles include Data Scientists, DevOps Engineers, Software Engineers, and Product Managers.
- **Perks**: Competitive compensation and benefits; entrepreneurial environment with opportunities for ownership.

## Sources
1. [Pagaya Website](https://pagaya.com)
2. [Pagaya About](https://pagaya.com/about-us)
3. [Pagaya Careers](https://pagaya.com/careers)
4. [Pagaya LinkedIn](https://www.linkedin.com/company/pagaya)
5. [Pagaya 2025 10-K (SEC Filing)](https://investor.pagaya.com/static-files/60531c69-7058-4b12-9f29-72cf0ffe7a4f)

## Other roles at Pagaya 

- [Executive Assistant, Office of President](https://feeny.ai/job/executive-assistant-office-of-president-pagaya-new-york-7hm8p1zzkh6c) — New York, NY
- [Head of PL & POS Growth](https://feeny.ai/job/head-of-pl-pos-growth-pagaya-united-states-1td8en0629dy) — United States
- [Senior Director, Partnerships](https://feeny.ai/job/senior-director-partnerships-pagaya-new-york-3sfvhjcj88d7) — New York, NY
- [Applied AI Engineer, Office of the CEO](https://feeny.ai/job/applied-ai-engineer-office-of-the-ceo-pagaya-new-york-7rjk826h5px0) — New York, NY
- [Part-Time Recruiting Coordinator](https://feeny.ai/job/part-time-recruiting-coordinator-pagaya-new-york-z7t0r359c28k) — New York, NY
- [Director, Business Operations and COS to CCO](https://feeny.ai/job/director-business-operations-and-cos-to-cco-pagaya-new-york-j83g0h9tzyjw) — New York, NY
- [Director of Auto Partnerships](https://feeny.ai/job/director-of-auto-partnerships-pagaya-new-york-q0544nhe9j56) — New York, NY
- [Lead Recruiting Partner](https://feeny.ai/job/lead-recruiting-partner-pagaya-new-york-m5mwtq07ry2y) — New York, NY
- [Senior Lead/Director, Capital Markets Strategy & Execution](https://feeny.ai/job/senior-lead-director-capital-markets-strategy-execution-pagaya-new-york-s1jdj3y995qc) — New York, NY
- [Manager, Treasury](https://feeny.ai/job/manager-treasury-pagaya-new-york-wnsynb8j14ce) — New York, NY