Product Designer, Upgrade
Checking & Savings
$100-130k
+ Stock option plan + Equity
More information about location
3+ days a week in office
Offering responsible credit to mainstream consumers
Be an early applicant
Offering responsible credit to mainstream consumers
1001+ employees
Be an early applicant
$100-130k
+ Stock option plan + Equity
More information about location
3+ days a week in office
1001+ employees
Company mission
To help our customers move in the right direction with responsible financial products that put more money in their pocket.
Role
Who you are
- 2+ years professional hands-on Product Design experience
- Experience designing in Figma, our team’s tool of choice
- Ability to collaborate with designers, strategists, managers, and technologists
- A strong user-centric mindset
- Problem defining and solving mentality
- A passion for UX design and enthusiasm for learning
- Understanding of design principles and an ability to intentionally design logical, clean UI
- Ability to effectively communicate design rationale to internal teams and other stakeholders
- A solid portfolio demonstrating passion and excellence in product design
- A degree in UCI, UX, Interaction Design, or related field is preferred
- Willingness to come to the office on Tuesdays and Thursdays
Desirable
- Experience with digital banking or interest in the fintech space
- Experience with both B2B and B2C product design
- Interactive prototyping skills
- Experience working on design systems
What the job involves
- We are looking for new team members excited about designing great products to help people with their financial well-being. Come join us if you like to tackle big problems and make a meaningful difference in people's lives
- We are looking for a Product Designer to join our New Initiatives team, which focuses on the newer products in Upgrade’s offerings, including our checking and savings products, home improvement loan products and our design system and mobile app. The role demands great execution, an obsession with quality, and creative problem solving for users and business goals
- You are eager to grow and highly collaborative. You are self-motivated, detail-oriented, able to work efficiently and effectively with other designers, developers, product managers and marketers. You can concept, design, and present solutions that solve user and business problems, delivering measurable outcomes for the team
- Work cross-functionally with product, marketing, and engineering in partnership with senior designers to incorporate UI / UX best practices
- This role will have the opportunity to work on mobile and responsive web experiences for both B2B and B2C products including our checking and savings, home improvement loans and our mobile app
- Create flows, prototypes, and high-fidelity visuals for your features
- Use a combination of data analytics, user testing,user research and industry standards and research to inform and validate design decisions and focus on constant improvement
- Think about design as a system, contributing to and maintaining our evolving design system in order to influence quality and efficiency for all our teams and products
- Help shape the internal design process and the culture of our growing design team
Our take
Most credit cards don't encourage the owner to pay down their debt. The longer it takes to pay off the balance, the more money lenders are set to make. Upgrade is an online lender and card issuer doing things differently. The company offers personal loans and credit cards but with a fixed instalment structure and a set number of equal payments. This ensures the balance reduces every month.
The company believes this model reduces default rates, as borrowers are forced to pay down rather than maintain their debt, and it encourages a greater commitment to repay the balance. Further, by combining the ease of a Visa card with the fixed payments and decreased rates of a personal loan, Upgrade sets itself apart from competitors.
In 2021, Upgrade launched its mobile banking and debit card as a strategy to onboard new customers and increase loyalty. The fixed-rate nature of the company's cards is expected to be of use to customers in future years in an environment of rising rates. Upgrade also plans to expand beyond the U.S. in the future, which will represent new challenges for the business as it adapts to alternative regulations.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
18% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Nov 2021
$280m
SERIES F
Aug 2021
$105m
SERIES E
Total funding: $547m
Company benefits
- Stock option plan
- 100% paid coverage of medical, dental and vision insurance
- Flexible PTO
- Opportunities for professional growth and development
- Paid parental leave
- Health & wellness initiatives
Company values
- Help: We help each other. We trust and care about each other. We welcome all team members and value the diversity of our team
- Improve: We are always learning. We are curious and ask why. We are open-minded and consider new ideas. We continually look to improve the way we operate
- Fast: We move fast. We launch products and process early, then test and iterate. We think ahead so that we are not rushing into things we are not prepared for. We work together to fix anything that breaks
- Own It: We act as owners. We enlist the help we need and follow through to the end. We acknowledge our mistakes and learn from them. We hold ourselves accountable as a team to reach our goals
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Renaud Laplanche
(Co-Founder & CEO)After an MBA at London Business School, Renaud spent 5 years as an Associate at Clearly Gottlieb Steen & Hamilton and co-founded MatchPoint. They then left Oracle after a year to co-found Lending Club in 2006 and co-founded Upgrade in August 2016.
Adelina Grozdanova
(Co-Founder & Head of Investor Group)Adelina started their career with 6 years at Morgan Stanley after a degree at Princeton. They left banking in 2012 to join Lending Club as VP, and after 3 years co-founded Upgrade, serving as Head of Investor Group since 2016.
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 15 more jobs at Upgrade