Product Manager, MoCaFi
$90-140k
Personal finance platform for underserved communities
Open for applications
Personal finance platform for underserved communities
21-100 employees
Open for applications
$90-140k
21-100 employees
Company mission
To help excluded communities create wealth through better access to public, private, and social capital.
Role
Who you are
- Bachelor’s degree in Business/any related field or at least six years of relevant professional experience
- 5+ years of experience in product management, product design, product development, and managing the rollout of products in payments or consumer banking with a focus on consumer DDA, pre-paid cards, debit cards, and or credit cards. (e.g., payment processing, acquiring, issuing, payment technology provider, etc.)
- 2+ years as a Product Manager; excel at using Agile methodology-based development management software
- Skilled in supporting QA initiatives
- Intermediate knowledge of Microsoft Office, Jira, Confluence, and Google Suite
- Excellent communication (written, verbal, and presentation) and interpersonal skills
- Must be authorized to work in the United States and permanently based in the US
What the job involves
- MoCaFi is looking for an experienced Product Manager who will lead the product design and integration for the MoCaFi apps to optimize growth and drive revenue.
- In addition, the candidate will support the Senior Product Manager with additional product offerings.
- Execute and deliver against the MoCaFi app product strategy
- Own and manage mobile apps on the MoCaFi product roadmap by developing long-term product vision and leading requirements gathering
- Define product requirements, create detailed product specifications, and communicate requirements to the development team
- Prioritize product enhancements based on customer feedback and business objectives
- Manage the entire product lifecycle, from ideation to launch and post-launch optimization
- Effectively communicate product vision and strategy
- Lead sprint planning, grooming sessions, and retrospective activities for the MoCaFi app products
- Own the app solutions end-to-end, including use case development, development, testing, and production support
- Contribute to the development of product strategy by conducting market research and competitive analysis to identify opportunities and challenges
- Analyze product performance metrics to identify areas for improvement and optimization for clients
- Lead sales and operations training on the MoCaFi apps
- Develop a Go-to-Market plan and collaborate with marketing, sales, and operations to align GTM strategy
- Collaborate closely with engineering and design teams to ensure successful product development and launch
- Partner with operations to develop process maps/flows
- Research and maintain a working knowledge of competitor products and trends
- Collaborate cross-functionally to deliver end-to-end product solutions
Our take
MoCaFi is a fintech company that is looking to promote financial inclusion by addressing the challenges faced by underserved populations. The company leverages mobile technologies, data analytics, and strategic approaches to improve financial behaviors and promote wealth-building by providing accessible, user-friendly banking tools and services, and data-driven insights.
Through its Financial Services as Infrastructure™ platform, MoCaFi collaborates with government and philanthropic organizations to offer cash assistance, mobile banking solutions, and financial programming to individuals and families across America. The Harlem-based company has already made a significant impact in disbursing over $100M to families from marginalized communities in 15 cities across the United States.
Building upon this success, the company is focused on scaling its operations and driving further innovation in the fintech space. MoCaFi aims to expand its reach by partnering with additional municipalities, government entities, and community organizations, with the ultimate goal of reaching and helping the 110 million underserved Americans facing financial challenges.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
May 2023
$23.5m
SERIES B
Feb 2022
$2.5m
SERIES A
Total funding: $43.3m
Company HQ
West Harlem, New York, NY
Articles
Leadership
Wole Coaxum
(Founder & CEO)Previously the Head of Sales at Chase, a Managing Director at JPMorgan, and the Senior Vice President at JPMorgan Chase. Also experienced CEO/COO at Willis North America/Canada.
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