New Product Development Specialist - In Office, Hybrid, Remote

Company Description

Longbridge Financial has launched HELOC For Seniors® — a first-of-its-kind home equity line of credit (HELOC) designed for homeowners 62 . This isn’t just another HELOC; it’s a game-changer, helping to transform how seniors access the wealth in their homes on terms designed for them. Due to a very successful initial launch and overwhelmingly positive market response, we’re actively recruiting and forming a team of seasoned HELOC professionals ready to take this to the next level as we continue our expansions.   

If you’re building your career in the HELOC space and are ready for a new, meaningful challenge, this is your opportunity to make a significant impact — with one of the nation’s leading forces in senior home equity solutions. 

At Longbridge, you’ll have the support of a trusted national lender and servicer, along with the chance to shape growth, impact lives, and redefine what home equity means for today’s older homeowners. 

 Bring your expertise. Expand your influence. Be part of something truly revolutionary in home equity lending. 

Job Description

Reporting to the Director of Product and Strategic Development the New Product Development Specialist assists in managing cross-functional projects and contributing to new and existing product development. Individuals must exhibit strong analytical skills within their assessments, strong organizational/time management skills, and exceptional communication skills when interacting with all levels of employees within the company. Experience in the HELOC and/or Banking industry is highly preferred.

Primary Job Duties:

•  Identify opportunities within target markets to support product enhancements and new product development and portfolio growth.
•  Support cross-functional initiatives involving sales, marketing, capital markets, training, operations, underwriting and IT.
•  Manage product lifecycle activities from ideation through implementation, ensuring milestones are met.
•  Proactively identify project risks and provide practical solutions to maintain timelines.
•  Conduct competitive intelligence research and track trends across relevant markets.
•  Foster a culture of continuous improvement by recommending enhancements to department processes and outputs.
•  Leverage experience in HELOC and Banking industry to think strategically about our product offerings to maintain competitiveness

Key Responsibilities:

•  Monitor Product Performance: Track and analyze KPIs, adoption rates, user feedback, and support trends to assess how products are performing in real-world use.
•  Drive Continuous Improvement: Identify opportunities for refinement or enhancement based on data, customer insights, and cross-functional feedback.
•  Manage Post-Launch Roadmap: Collaborate with sales, IT, marketing, and operations to prioritize and execute post-launch updates or fixes.
•  User Feedback Loop: Establish structured channels to collect and interpret feedback from users, customer service, sales, and partners.
•  Issue Resolution: Proactively identify post-launch issues and coordinate solutions with technical and business teams to minimize user friction and risk.
•  Training and Enablement: Support internal teams (e.g., sales, customer support) with updated product knowledge, documentation, and FAQs based on what’s learned in the field.
•  Stakeholder Communication: Deliver regular reports and presentations to leadership outlining product performance, lessons learned, and next steps.
•  Cross-Functional Collaboration: Partner closely with marketing, operations, and engineering to ensure alignment on priorities and resource allocation.

Qualifications

•  5 years of relevant experience, preferably in the mortgage or reverse mortgage market.
• Experience in Banking, and a strong understanding of banking product offering preferred
•  Strong written and verbal communication skills, including experience managing cross functional projects.
•  Exceptional attention to detail and commitment to producing high-quality work.
•  Demonstrated problem-solving ability and innovative thinking.
•  Strong organizational and time management skills; able to manage multiple priorities.
•  Ability to influence decisions and build consensus across levels and functions.
•  Excellent communication and project management skills
•  Proven ability to translate feedback into actionable improvements
•  Highly collaborative and able to work across departments
•  Detail-oriented and organized, with a focus on execution and results
•  Strong analytical skills, comfortable with metrics, dashboards, and basic data tools (ie. Excel, Tableau, etc.)

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Additional Information

• Working in a growing and dynamic industry
• Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
• 401(k) with company match
• Paid time off
• This is an Exempt role
• Target base salary range is 100K- 130K, which is based on various factors including skills and work experience.
• In addition to base salary, this role is eligible for a competitive additional compensation program via annual bonus that is based on individual performance.
• LBF is an EEO/AA/Vet/Disabled Employer
• Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

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