Principal Product Manager, Capital Platform

Upstart

8h•$187,900 - $260,000•Remote

About The Position

Upstart's Capital Platform team builds the systems that enable capital to flow through Upstart’s marketplace reliably, transparently, and at scale. The team owns the core platform capabilities used by banks, credit unions, and institutional investors to onboard, configure programs, execute originations and loan sales, and monitor portfolio performance. Operating at the intersection of product, engineering, capital markets, finance, and compliance, the Capital Platform team focuses on building enterprise-grade, configurable, and reusable infrastructure that supports a growing and increasingly diverse set of capital partners across products. This team is responsible for foundational platform capabilities including partner integrations, capital execution workflows, and capital insights and reporting — with an emphasis on white-label and embedded capital solutions that allow partners to leverage Upstart’s technology within their own ecosystems. As a Principal Product Manager, Capital Platform, you will be a senior, hands-on individual contributor owning strategy and execution for one of Upstart’s most complex and high-impact capital platform problem spaces. This role is well suited for a Staff+ IC who thrives in ambiguity, enjoys building enterprise-grade platforms from first principles, and wants to shape how lenders and investors integrate with Upstart at scale. You will lead multi-quarter initiatives that cut across product, engineering, finance, and compliance, and deliver durable, extensible systems that serve both current and future capital partners.

Requirements

7+ years of product management experience, or equivalent demonstrated scope and impact owning complex, multi-quarter initiatives
Demonstrated experience leading initiatives at a Principal / Staff-level individual contributor scope
Proven track record designing and shipping platforms or shared systems, not just standalone features
Experience working with complex B2B or B2B2C workflows (e.g., onboarding, configuration, payments, compliance, reporting)
Ability to operate effectively in regulated, high-reliability environments
Strong technical fluency and experience partnering closely with engineering on architecture and system design tradeoffs
Ability to drive alignment and execution across multiple teams and stakeholders without formal authority
Bachelor’s degree or equivalent practical experience in a technical, analytical, or business-related field

Nice To Haves

Experience building enterprise-grade platforms or infrastructure products, particularly in financial services, fintech, or regulated domains
Experience with zero-to-one product development, including defining problem spaces, validating solutions, and scaling initial implementations
Familiarity with capital markets, lending, or financial operations workflows
Experience building or evolving data platforms, reporting systems, or analytics products
Background working in high-growth or scaling technology companies
Prior collaboration with machine learning, data science, or advanced analytics teams

Responsibilities

Own the strategy, roadmap, and execution for a major Capital Platform problem space with material business impact
Lead multi-quarter, cross-team initiatives that require deep systems thinking and operate under significant ambiguity
Design scalable, configurable platform capabilities that serve a diverse set of capital partners without fragmentation or bespoke delivery
Partner deeply with engineering to define product architecture, tradeoffs, sequencing, and long-term evolution of capital platform systems
Influence adjacent platform and vertical teams to ensure capital partner needs are consistently met across products
Use data, customer insight, and domain knowledge to make high-conviction product decisions and prioritize effectively
Deliver durable, enterprise-grade solutions that meet reliability, compliance, and operational requirements

Benefits

Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
Retirement benefits to help you plan for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada)
Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only)
Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health coverage for Canada.
Health Savings Account contributions from Upstart for eligible plans (US only)
Income protection benefits, including life insurance and disability coverage for added financial security
Paid time off, sick leave, and company holidays, in line with local requirements
Paid family and parental leave to support caregiving and major life moments (duration varies by country)
Family-centered benefits to support fertility, parenthood, and caregiving needs
Employee Assistance Program (EAP) offering mental health support and life-centered resources
Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only)
Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you
Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from
Connection and community through team events, all-company updates, and employee resource groups (ERGs)
Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!)