Staff Product Manager, Earnin
Risk
$211.5-258.5k
+Equity
2 days a week in office (Palo Alto, CA)
Paycheck advance service for employees
Job no longer available
Paycheck advance service for employees
201-500 employees
Job no longer available
$211.5-258.5k
+Equity
2 days a week in office (Palo Alto, CA)
201-500 employees
Company mission
Earnin’s mission is to build a financial system that works for people.
Role
Who you are
- 3+ years of product management experience with a strong product sense developed by shipping delightful & innovative consumer products
- Strong analytical skills in leveraging data to inform product decisions and drive metrics improvement
- Deep empathy for user needs, coupled with a track record of building products that resonate with users
- Exceptional written and verbal communication skills, essential for aligning teams and stakeholders
- Comfortable in a culture of rapid experimentation, embracing creative solutions to complex challenges
- Ability to foster alignment across teams and functions, driving successful execution and goal achievement
- Proven ability to think creatively and propose radical ideas to solve tough problems
- Previous experience in fintech and payments is preferred, along with familiarity with operational aspects of risk management in the financial sector
- Sound knowledge of regulatory requirements and industry best practices related to credit and fraud risk management
What the job involves
- Join the EarnIn Risk team as a Staff Product Manager and play a pivotal role in realizing our mission - reinventing the financial system and helping our community members get to a better place financially
- You'll spearhead the expansion of our Risk Platform and lead groundbreaking product innovations to tackle challenges in Credit, Fraud, and Risk/Fraud Operations
- Harnessing your product expertise, you'll architect the product strategy, uncover new insights, and drive relentless execution
- Community-Centric Product Development: Stay closely attuned to our community's needs, fostering deep connections and insights to address their challenges effectively
- Cross-Functional Leadership: Lead a diverse team of engineers, designers, researchers, and analysts to scale impactful products that resonate with our community
- Goal-Oriented Approach: Define ambitious OKRs and stretch goals for your team, driving progress and monitoring metrics for product success
- Innovation & Iteration: Utilize user research and data analytics to identify and prioritize product opportunities, executing features and experiments to refine product offerings rapidly
- Risk Management: Develop and execute a robust risk management strategy for credit and fraud, integrating risk practices seamlessly into our products and processes
- Continuous Improvement: Drive initiatives to enhance the efficiency and effectiveness of risk management processes, instilling a culture of risk awareness and accountability
- Strategic Communication: Articulate the product vision, roadmap, and outcomes to internal stakeholders and community members, fostering transparency and alignment
Our take
Paying bills is an inevitable part of life, but paying them late or dipping into overdrafts can result in fees. This is the reality for millions of workers who have to wait for their paychecks to arrive – and the problem that companies like EarnIn are trying to solve. By allowing hourly workers access to their pay as it is earned rather than on a fixed date, it hopes to provide all Americans with the ability to deal with immediate costs without going into arrears.
Unlike competitors in this growing space, such as Dave, Earnin charges no mandatory fees, instead gaining revenue through a voluntary tipping system. It also requires no credit checks to access its services, which puts it ahead of the growing number of digital banking solutions. This approach has garnered it a strong user base of over 300,000 business customers who offer Earnin as an employee benefit. Around 70 million paycheck advances were taken through the platform in 2022 alone, totalling $5 billion. Since then, this number has grown to an overall earnings access value of $15 billion.
Earnin is growing despite current difficulties in the wider tech landscape and is continuing to hire in all departments. It will continue to improve upon its offering and expand its network of businesses, aiming to give every employee in America control of the money they've earned.
Freddie
Company Specialist at Welcome to the Jungle
Insights
42% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2018
$125m
SERIES C
Sep 2017
$39m
SERIES B
Total funding: $190.1m
Company benefits
- 401k
- FSA
- Mental health resources
- Employee Resource Groups
- Stipend for growth opportunities
- Pet friendly office
- Work from home opportunities
- Health insurance
Company HQ
Evergreen Park, Palo Alto, CA
Leadership
Ram Palaniappan
(Founder & CEO)Was Senior Operations Manager at Reflect.com, a P&G company. Served as President of UniRush from 2004 to 2012.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 27 more jobs at Earnin