Ripple is preparing to launch a product related to lending by presenting an advertisement for a new job in which it is looking for a product manager for the new platform it is preparing to launch.

according to Ripple advertised job description:

This person will bring a new loan product to market from concept to launch for RippleNet customers.

This person will bring strong leadership skills as they will need to collaborate extensively with cross-functional internal teams and the financial ecosystem of partners and clients.

While several crypto companies have already launched platforms that allow users to take out loans using digital assets as collateral, the job listing does not say whether XRP will be part of the new product.

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Ripple says that the new employee will be responsible for determining how the company can serve new and potential RippleNet customers with equity loans.

The job description also stated:

The Product Manager will create the relevant structures to properly implement the functional loan offer, develop customer collaboration on issues related to working capital needs and cross-border payments, and develop risk capabilities to understand how to properly price new loan offers to customers.

Although the company has yet to make an official announcement of its development, Ripple is also looking to hire a software engineer to help the company design a cryptocurrency trading platform.

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