At Caribou, we care about giving people financial freedom so they can focus on what’s most important to them. Today, less than two percent of Americans refinance their auto loans despite drastic increases in the cost of new and used cars. We see huge potential to help folks reduce their monthly auto payments and increase the predictability of those expenses over time. We do this by building technology to pair customers with credit unions, banks, and finance companies and by simplifying every step of the process. On average, our drivers save $162/month on their car loans while protecting their investment long term.
Caribou is led by leaders from the technology, automotive, and finance industries. We’re proud to be backed by a great team of investors, including QED Investors, Goldman Sachs, Moderne Ventures, Accomplice, Link Ventures, Motley Fool Ventures and others.
About the Role
Monetization owns how Caribou earns from every customer we help. We decide which products we offer, to whom, and at what price, while managing the partners and lender terms behind them. Today that means vehicle protection products like vehicle service contracts and GAP, sold through our sales team and digital channels. Next, it means new products that serve vehicle owners whether or not they refinance with us.
In this role, you'll run Caribou's vehicle protection business, a business that touches every loan we fund. You'll own how much we sell and how much we earn on each sale, and you'll manage the partners who provide those products. That means deciding what to test and change, from how our sales team presents products to what we pay our partners, and holding yourself accountable to the results.
You won't be starting from scratch. You'll inherit a working business with strong data, established partners, and clear visibility into what's driving performance. Your job is to keep growing it: more customers protected, and more value earned on every loan.
What You'll Do
What Success Looks Like
This is the first business line owner role on the Monetization team, and the model for how we'll run every new product line we launch. As the business grows, so does the scope.
Location
Candidates are welcome to work remotely from the states of AZ, CO, DC, IL, MD, TX, and VA with a preference for the Chicago IL and Denver CO areas. Caribou does provide the option to work in-office or hybrid from our Denver, CO or Chandler, AZ offices. We may consider remote candidates in CA, FL, MA, NY, OR, WA, and WI, subject to additional approval. Eligibility by state is subject to change.
This role may require attendance at occasional in-person team meetings in our Denver, CO office.
About You
You, like us, are driven to achieve your goals. At Caribou, we have just three core values: Give a damn. Velocity. Make the assist. We’re motivated. We race towards our goals. And we help each other along the way.
Bonus Points for…
How we will take care of you
Everyone at Caribou is a valued team member. Our compensation and benefits package includes:
We come from all walks of life and are joined together by our shared values, which guide our work and how we work together.
The essential functions of this position require consistent attendance, availability, and active engagement throughout your full scheduled shift.
Caribou is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, pregnancy status, marital status, military or protected veteran status, genetics, or any other characteristic protected by law. This position is not restricted solely to the responsibilities listed above, and the scope and responsibilities are subject to change. A pre-employment background check is required as a condition of employment.
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Job details are sourced from the employer's original posting.
Open job postingAbout the company
At Caribou, we believe that taking control of your car payment should be a simple, transparent process. Too many people are driving around with a bad deal on their auto loan. What's more, many people don't realize it, or don't know what to do about it. Through our partnerships with local and community lenders, we connect customers with competitive rates and lower monthly payments. NMLS #1746612 NMLS Consumer Access: https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1746612?slug=newsroom