Michael Prestoy
About Michael Prestoy
Michael Prestoy is a Senior Product Manager at Oportun, where he has worked since 2021. He has a background in product management and finance, with previous roles at SEI, M&T Bank, Odessa, and Blue Cross Blue Shield of Massachusetts.
Current Role at Oportun
Michael Prestoy serves as a Senior Product Manager at Oportun, a position he has held since 2021. In this role, he has developed a suite of APIs designed for both external and internal use, enabling Oportun to extend financial offers to over 250 million potential users. His responsibilities include leading product initiatives that enhance user experience and drive business growth.
Previous Experience at SEI
Prior to his current role, Michael Prestoy worked at SEI as a Product Owner from 2014 to 2018. During his four years at SEI, he was involved in managing product development and strategy, contributing to the organization’s goals in financial services.
Education and Expertise
Michael Prestoy holds a Master of Science (M.S.) in Economics from Lehigh University College of Business. He also earned a Bachelor of Business Administration (B.B.A.) and a Bachelor of Arts (B.A.) in Economics from East Stroudsburg University of Pennsylvania. Additionally, he completed a Software Product Management Certificate at Product School in 2020, enhancing his expertise in product management.
Career Development at M&T Bank and Odessa
In 2013, Michael Prestoy gained experience as a Quantitative Modeling Intern at M&T Bank for two months in the Buffalo/Niagara, New York Area. He then transitioned to Odessa, where he worked as a Product Manager from 2018 to 2020. His roles in these organizations contributed to his development in product management and quantitative analysis.
Achievements in Product Management
Throughout his career, Michael Prestoy has led significant initiatives that have impacted business performance. He redesigned the loan application process, which is expected to increase conversion rates by 10%. He also forged strategic partnerships that boosted loan volume by $33 million and conducted A/B testing that enhanced conversion rates by five times, resulting in an $8 million increase in monetization.