Strategic Finance Associate, Chime
$103.7-144k
+ Eligible for a bonus + Competitive equity package
Mobile banking for the everyday person
Job no longer available
Mobile banking for the everyday person
1001+ employees
Job no longer available
$103.7-144k
+ Eligible for a bonus + Competitive equity package
1001+ employees
Company mission
To make financial peace of mind a reality for millions of everyday people.
Role
Who you are
- 2-4 years of experience in strategic finance, investment banking, private equity, consulting or venture capital; prior experience at high-growth technology or financial technology startups a plus
- Expertise in Excel / Google Sheets - you can build scalable, efficient, and intuitive models with ease; Experience with Looker or SQL a plus
- Comfort creating and presenting materials to an executive audience - proven ability to synthesize key takeaways and easily communicate with key collaborators, cross-functional partners and senior leadership
- Strong analytical, financial modeling and problem-solving skills; building financial models and ad-hoc analyses should come naturally
- Passion for digging into the details and moving quickly at a hyper-growth fintech
- A natural curiosity to think critically, to ask questions, and desire to evolve our business
- A team-oriented mindset and a positive attitude
What the job involves
- We’re seeking a Strategic Finance Associate to join the Finance team at Chime. As a finance team member, you will have a key role in collaborating with the Strategic Finance team to shape our business and financial strategy, while completing numerous high-impact initiatives at the company.
- You will help us build unit economic frameworks to better understand our business model to drive continuous improvement of KPIs, while collaborating with cross-functional business partners to evaluate the ROI of products, features, and initiatives.
- We are looking for an analytical problem-solver with a strategic mindset - someone who can do more than just crunch numbers! A key part of this role is the ability to understand the details while keeping sight of the broader strategy. The StratFin team routinely interacts with senior executives and cross-functional partnership is an everyday occurrence, so effective communication skills are a must!
- Support the development of unit economic frameworks to evaluate the ROI of various products, features, and business strategies and guide Chime’s decision-making
- Evaluate economic viability and drive strategy for Chime’s new and emerging products
- Build strong working relationships with cross-functional teams including Product, Risk, Analytics, and Banking Strategy to strategically advise on financial impact and improve business performance
- Partner closely with Chime’s Capital Markets team to support Chime financing opportunities, including assisting with due diligence and financial analyses for investors
- Use tools such as Pigment to manage financial forecasts and advise executive leadership on business unit and product performance
- Facilitate financial analysis to support deal negotiations with vendors and partners
- Contribute to board materials, investor materials, and other external reporting to advise investors and other key partners on overall company financial health
- Guide our Analytics team to create dashboards and KPIs to track product health, as well as evaluate experimental results
Our take
Chime is part of the growing realm of fintech banks and providers, emphasizing straightforward, cost-effective banking solutions. It cuts the expenses tied to basic bank accounts and provides users with greater autonomy in managing their finances.
In contrast to many traditional banks that levy steep fees and hefty penalties for overdrafts while offering meager interest rates on savings, Chime addresses a crucial gap in the banking sector. Its primary focus is on catering to individuals with modest savings who seek the convenience of automated digital banking.
With a remarkable ascent in its trajectory, Chime's current valuation stands at $25.5B, a staggering $23.5B surge from its early 2019 valuation, underscoring its impressive and swift expansion. However, competition remains fierce, with other neobanks like Ally offering similar features and vying for the same customer base.
Freddie
Company Specialist at Welcome to the Jungle
Insights
0% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Aug 2021
$750m
SERIES G
Sep 2020
$485m
SERIES F
Total funding: $2.0bn
Company benefits
- Physical: We believe in taking care of your physical health, so as a Chimer you’ll get medical, dental, and vision insurance, as well as benefits to support your physical activity, family planning, and all of your little Chimers
- Emotional: We know that staying healthy involves a lot more than doctor’s checkups. We partner with Modern Health to help you navigate your mental health, give monthly Take Care of Yourself Days, and want you to take time off when you need it
- Financial: We want Chimers to save and feel financially supported, so we offer savings plans with competitive matching, as well as access to financial planning and legal assistance so that you can find your financial peace of mind
- Social: We’ll celebrate your milestones together with travel stipends, swag, and high-fives and make sure you’re connected to fellow Chimers through our Chime Resource Groups (CRGs) and company events
Company HQ
Nob Hill, San Francisco, CA
Leadership
Chris Britt
(Co-Founder & CEO)Chris worked as an Accenture Management Consultant for 4 years before roles at CMGI, Comscore Networks, and Visa. They left their position as an SVP of Corporate Development at Green Dot Corporation to co-found Chime in November 2012.
Ryan King
(Co-Founder)Ryan worked at Plaxo for 8 years, first as Lead Engineer and then working their way up to VP of Engineering & COO. They went on to be CTO & Vice President at Comcast Silicon Valley Innovation Centre before co-founding Chime.
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