Principal Product Manager, Oportun
Savings
$140.6-225k
Digital banking and loan platform
Open for applications
Digital banking and loan platform
1001+ employees
Open for applications
$140.6-225k
1001+ employees
Company mission
To help people across the United States create a brighter financial future.
Role
Who you are
- You are a thought partner and a leader. You will be working with a talented group of business leaders and engineers to articulate and deliver a roadmap in support of our business strategy
- Strong track record: 7-10+ years of product management experience in high-growth environments, with experience in the financial services industry (FinTech, challenger bank, etc.) highly preferred
- Customer centric: You are passionate about improving the financial health of Oportun’s members
- Analytical problem solver: You have experience working and delivering on complex problems. You excel in making data-informed decisions (testing and experimentation, defining metrics, data analysis)
- Collaborative: You have a track record of shipping and iterating on impactful products that required partnering with and building consensus across a wide group of cross-functional partners
- Excellent communicator: You are a clear and concise communicator, and you have superb documentation skills
- Execution: You’re scrappy, solution-oriented, and able to help the team push through obstacles and blockers to deliver value for our members. You are comfortable navigating through ambiguous problem spaces in pursuit of clarity and concrete outcomes
- Bonus Points: You have experience launching products within complex legal and regulatory frameworks such as Finance, experience with SQL, and experience working with a multi-national workforce
What the job involves
- We are looking for a passionate, curious and creative problem solver to be a Principal Product Manager at Oportun, responsible for our flagship Savings product
- We envision Savings as the main driver of user growth and retention, so this role will have a huge impact in defining the future of our financial health platform
- Your role will be to lead the ideation, development, launch and scaling of innovative products and features
- Every product and feature will help improve our customers' financial lives
- If you love leading cross-functional product teams with lofty goals and high ambitions, this opportunity may be for you
- This role reports to our Vice President & General Manager for Savings and Mobile (who reports into the Chief Product Officer)
- Collaborate with leadership and cross-functional stakeholders to craft long-term product strategy
- Scope and lead the development of new product features that will increase the financial health of our users
- Analyze data and perform user research to form and test hypotheses in the pursuit of building a deep understanding of our customers’ needs and behaviors
- Manage a high-performing cross-functional product team that includes engineering, design, data, marketing, legal, and customer support to implement and build new features
- Drive strong communication and alignment up, down and sideways within the organization
Our take
Oportun is an AI-powered digital banking platform that makes financial health effortless for anyone. Following the company’s acquisition of former competitor Digit, it has expanded its services to offer a wider range of bank features – now providing personal loans, credit cards, saving accounts, and an investment app.
Younger generations have struggled with the “you have to have credit to build credit” as legacy banking systems tend to give those beginning their credit journeys a bad deal. Capitalizing on the growth in popularity of mobile banking apps, companies like Oportun provide affordable and accessible financial services to the vast majority of Millennials and Gen Z already using mobile banking apps.
While Oportun faces a number of strong market competitors, its millions of customers have accessed more than $14 billion in credit and $2.3 billion in interest and fee savings, and will use a recent loan from Neuberger Berman to support the continued growth in the business.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
7% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2019
$27.5m
SERIES C
Jun 2016
$22.5m
SERIES B
Total funding: $66.3m
Company benefits
- We offer competitive compensation packages that demonstrate our commitment to building and strengthening our team of passionate, talented professionals
- We provide paid time off to help our hardworking team recharge or give back
- We run bonus and incentive programs to recognize top performers and encourage ambitious thinking
- We offer comprehensive healthcare packages, including medical, dental, vision, and flexible spending accounts (FSA)
- We include remote work options for many of our positions
- We believe that inclusive communities are more dynamic and more resilient, so we actively seek different perspectives to broaden the Oportun team
- We work with people from a variety of backgrounds who bring their expertise to the table to solve the problems for our community members
- We sponsor company-wide events that focus on ways to continually create a culture that better supports diversity, equity, inclusion, and belonging (DEIB)
- We champion employee-led resource groups that help our team connect, learn, and support each other
- We think team building should be fun, so we have a penchant for virtual coffee chats, holiday parties, and events on Oportun Connect where we can pursue wellness, learn, and get to know each other better
- We believe there’s a leader and a pioneer in every member of our team—and we make sure to recognize that spirit
Company HQ
San Carlos, CA
Articles
Leadership
Raul Vazquez
(CEO)Former EVP of Walmart. They are a Member of the Board of Directors at Intuit.
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