GM / Head of Financial Services, Instawork
$250-280k
+ Stock options
More information about location
3 days a week in office
Flexible staffing marketplace for local workforces
Open for applications
Flexible staffing marketplace for local workforces
1001+ employees
Open for applications
$250-280k
+ Stock options
More information about location
3 days a week in office
1001+ employees
Company mission
To offer economic opportunities for local professionals and businesses, in communities across the world.
Role
Who you are
- The ideal candidate brings a strong background in fintech, a passion for creating impactful solutions, and the ability to lead cross-functional teams in a fast-paced environment
- You thrive on building something new from scratch and have a track record of 0 → 1 success in product development
- You are passionate about financial inclusion and excited about improving the lives of hourly workers through innovative financial solutions
- You combine visionary thinking with the practicality required to execute in a dynamic and high-growth environment
- You are a leader who inspires cross-functional teams, fosters collaboration, and drives results
- You possess a deep understanding of fintech ecosystems and are eager to apply your knowledge to create meaningful impact at scale
Desirable
- Experience founding or co-founding a fintech startup
- Familiarity with the needs and challenges of hourly workers
- MBA or advanced degree in a related field
What the job involves
- We are seeking an entrepreneurial and experienced GM / Head of Financial Services to spearhead our efforts in building financial services products for our growing base of skilled hourly professionals
- This is a pivotal 0 → 1 initiative, offering the opportunity to shape a transformative product from the ground up
- Lead Product Strategy: Own and define the roadmap for financial services, working closely with senior leadership to align with Instawork’s broader mission and goals
- Build and Scale: Develop, test, and launch new financial services products tailored to the needs of hourly workers, ensuring adoption and retention
- Cross-Functional Leadership: Collaborate with engineering, design, marketing, and operations teams to deliver a best-in-class product experience
- Market Research: Conduct deep research into user needs, market trends, and competitive landscapes to identify opportunities for differentiation and innovation
- Metrics and Accountability: Define and track success metrics, ensuring financial services offerings deliver measurable impact for our workers and the business
- Partnerships: Establish and manage key relationships with financial institutions, payment processors, and other relevant partners
- Build and Lead a High-Performing Team: Recruit, mentor, and inspire a high-performing team, fostering a culture of innovation, collaboration, and excellence to deliver on ambitious goals
Our take
Around 57 million workers in the U.S. work on a 'gig' basis, providing short-term and one-off employment for a range of industries. However, due to the temporary nature of gig work, workers and understaffed employers are regularly let down by cancellations.
Instawork hosts an online marketplace that connects gig workers with local businesses across a variety of sectors including healthcare, hospitality, and warehouse work. Workers are paid hourly upon completion of a gig, at which point both the employer and worker themselves can provide feedback on the experience.
Whilst the startup faces competition within this gig-work industry, Instawork holds a smart focus on providing reliable and short-notice workers for businesses that need them. Gigs can be arranged within just a few hours of notice, and any employer or employee who cancels a job will be temporarily suspended in order to improve job success rates. Instawork's 2023 Series D funding is accelerating its AI capabilities and expanding its presence within staff distribution centres for some of the American continent's largest retailers and sports stadiums.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
39% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
May 2023
$60m
SERIES D
Jul 2021
$60m
SERIES C
Total funding: $148m
Company benefits
- Medical, Dental, and Vision
- FSA and Commuter Benefits
- Parental and Family Leave
- Flexible Time Off
- Office & Phone Plan Reimbursement
- 401K Retirement Savings
Company values
- Empathy, trust, and candor - Being empathetic helps build trust in our community and company, and fosters successful decision-making
- Always be learning - We learn eagerly, from different teams within and outside the company. Respectful debate makes our company stronger
- Act like an owner - We have a strong ownership mentality. Every person on the team has the potential to make a huge impact
- Bias for action - We practice high-velocity decision-making, despite encountering ambiguity frequently
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Sumir Meghani
(CEO)Previously VP of Email at Groupon and VP at Mixx.
Salary benchmarks
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