Michael Prestoy Email & Phone Number

New York, Ny, Us

•Developed and executed the product vision and strategy for user acquisition and growth to offer personalized AI based financial offers to help consumers meet their financial goals• Redesigned and simplified the loan application process to increase conversion rate by an expected 10% and reduce onboarding time by 30%• Lead a cross functional team of 20+ to built a suite of APIs that external and internal entities can use to provide Oportun financial offers to 250M+ potential users• Spearheaded 0-1 product initiatives, and forged strategic lead gen partnerships to increase loan volume by 33M and reduced cost of acquisition by 30%• Built a new digital ads marketing experience and introduced targeted digital ads to qualified financial applicants• Drove A/B testing experiments to increase conversion rate by 2X and increased monetization by 8M

• Owned and launched digital health insurance ID cards for 2.6M members and reduced ID card mailing costs by $2.9M; Lead a team of 11+ through product transformation, development, and release• Created a user personalized hub and integrated billing platform after identifying gaps in user experience, which lead to increased healthcare app utilization, and decreased time for users to find plan information by 70%• Collaborated with key stakeholders to create an innovative product vision and strategy that solves complex business needs• Translate user needs to a prioritized product backlog and roadmap to consistently deliver value to users

Greater Philadelphia Area

• Led the product discovery process with clients to understand the user’s business process, identify pain points, demonstrate the product’s functional capabilities, and elicit software requirements to drive operational efficiency; Saved clients $2.1M in operating costs • Advocate for customer needs and collaborate with a cross functional agile development team to create the product roadmap, development ready product requirement documents, user stories, and wireframes• Drove client sales by innovating on the lessor and vendor relationship process by adding strategic vendor partnering and revenue sharing functionality• Managed the product implementation process for 2 major accounts by driving client customization, product configuration, client training, and on-boarding• Organized and led a certification study group to help 4 employees achieve the CLFP certification

• Led agile sprint planning and backlog refinement efforts to create and refine user stories, and prioritize development work; ensured 100% sprint deliverables • Managed the release of 80+ features by collaborating with product managers, agile development teams, and vendors; Increased user satisfaction by 50% by redefining how users view their financial assets• Reduced operating costs by 3.75M by overhaling the process to correct overdrafts in the system and by automating investment portfolio cash target corrections • Ensured clear and effective software release communication by demoing functionalities, communicating tradeoffs to key stakeholders, and publishing release notes to end users • Improved software quality by proactively designing and executing user story acceptance test plans as well as release level test strategies

Buffalo/Niagara, New York Area

• Built statistical models utilizing SAS to forecast recreational finance loan originations and balances under both adverse and normal economic conditions for CCAR regulations and firm wide stress testing

Master Of Science (M.S.), Economics

Bachelor Of Business Administration (B.B.A.) And Economics (B.A), Finance

Software Product Management Certificate