# Lead Product Manager, Capital Markets & Pricing at Pylon

> Onsite · United States · Staff · Product · open. Source: https://alderhq.app/jobs/ashby%3Apylon%3A0cb34c15-a592-4e80-b180-b6ba08ccdf60 (read 2026-11-05).

## Facts (observed)

- Company: [Pylon](https://alderhq.app/companies/pylon)
- Location text: NYC or Palo Alto (in office)
- Where it can be done from (inferred): Onsite · United States (evidence: "Location: NYC or Palo Alto (in office)")
- Posted: 2026-10-29 (7 days ago)
- First seen by alder: 2026-11-02 · last verified: 2026-11-04
- Reposted: 0 times · edited: 0 times
- Apply on the employer's site: https://jobs.ashbyhq.com/pylon/0cb34c15-a592-4e80-b180-b6ba08ccdf60
- Skills listed (inferred): Ruby/Rails

## Pay and sponsorship

- Posted pay: not posted
- Market band for similar posted roles (New York, n 34): p25 $211k, median $250k, p75 $274k

## Description (the employer's text)

### About Pylon

America’s $13T mortgage market is one of the most important financial systems in the world. It underwrites the middle class and is the mechanism through which millions of families build wealth. But while every other financial instrument has been simplified to an API call, mortgages are still assembled by hand.

We started from zero and created the first vertically integrated mortgage platform that turns origination into a single API.

Publicly traded companies and the country’s largest originators are already building on Pylon. Revenue is compounding monthly. We’re backed by Peter Thiel, Conversion Capital, QED, Citi, Fifth Wall, and the founders of Ramp, Blend, and Mercury.

Working at Pylon isn’t for those seeking comfort. The people who thrive here have high agency, strong opinions, and a track record of delivering outcomes without direction. Many of us are former founders. We move quickly, challenge each other directly, and take full ownership of results. It’s hard work, but it will be worth it.

Join us in building America’s mortgage rails.

### About the role

Pricing is where mortgage deals are won or lost. A few basis points can decide whether a borrower gets the loan and whether our customers win the business. Our goal is the best pricing in the market, and we want to approach it with the rigor of a top hedge fund, using data, models, and a constant read on what the market is doing.

We’re hiring a Lead PM to own Capital Markets and Pricing. You’ll own how loans get priced, locked, and sold, from the rate a borrower sees to how the loan is executed in the secondary market. Because Pylon is vertically integrated, we can cut out a lot of the manual work and margin leakage that traditional lenders just accept, and pass those savings on to borrowers.

You’ll also build products that set us apart. That means finding gaps in the market, designing loan programs for borrowers others underserve, and launching them with our capital partners.

### What you’ll do

Set the strategy for capital markets and pricing, and get product, engineering, and our capital markets team aligned on where we compete and how we win on price. You’ll also help grow the team

Own the roadmap for the pricing engine, product eligibility, rate locks, and secondary execution

Get us to the best pricing in the market by automating best execution across agency cash and MBS, aggregators, and whole loan buyers

Build pricing models and strategies with the rigor of a hedge fund, watching rate moves, spreads, investor appetite, and competitor pricing, and turning what you see into better prices

Write and ship code yourself, from pricing models and analysis to changes in the pricing engine

Design loan products competitors can’t easily copy, and work with investors and capital partners to bring them to market

Make pricing real-time and available through our API, so customers get every price, adjustment, and eligibility decision instantly, with a clear explanation behind each one

Cut cost and leakage across the loan lifecycle, including pull-through, lock extensions, fallout, pricing exceptions, and repurchase risk

Work with our capital markets team on hedging, pipeline risk, and warehouse capacity, and build tools that help them make faster, better calls

Build integrations with investors and counterparties for commitments, loan delivery, and loan sale

Make sure pricing is consistent, auditable, and compliant with fair lending and loan officer compensation rules, with clear governance over exceptions

Track what matters, like how our prices compare to the market, margin, win rate, and execution performance

Work with GTM and Account Management to support deals and make sure customers succeed

Use AI in your day-to-day work

### About you

You have strong opinions and you’ll defend them. We argue about decisions a lot here, and we’ll ask you to explain your thinking and stand behind it. We also expect you to change your mind when someone shows you you’re wrong.

You’re ruthless about priorities. Every basis point comes with a tradeoff. You go after the biggest gains first, and you’re comfortable saying no to good ideas that come at the wrong time.

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Data: alder (https://alderhq.app). Cite https://alderhq.app/jobs/ashby%3Apylon%3A0cb34c15-a592-4e80-b180-b6ba08ccdf60 and the date you read it. Observed facts come from the employer's own listing; location reach, level, family and skills are inferences.
