Senior Product Manager, Lithic
Treasury Products
$165-195k
More information about location
Payment card issuing platform for developers
Job no longer available
Payment card issuing platform for developers
101-200 employees
Job no longer available
$165-195k
More information about location
101-200 employees
Company mission
Lithic's mission is to build the best payments software to make paying online simply better.
Role
Who you are
- Experience - You have 5+ years of experience as a product manager and ideally 2+ years of experience in the fintech space. Bonus points for experience with ledgers or dual entry accounting
- Knowledge - You understand Treasury Products like Accounts, Money Movement (ACH, wires, RTP etc), Debit and Credit Ledgers, etc. and you love going deep with engineers on the details of payment systems to understand how the payment system itself can service business applications
- Entrepreneurial Mindset - You have an entrepreneurial mindset and are able to form a vision and work with the engineering teams to implement those ideas in an API based offering
- Commercial mindset - You have experience in hyper competitive markets and understand how to compete within that space, you also understand pricing models and have experience with developing simplified, pricing models
- Market-informed - You are generally familiar with the latest trends in the payments and treasury services space, not restricted to just card issuing or banking offerings
- Adaptability and creativity - Plans and conditions always change, but you still positively navigate the right course
- Poise - Sales asks you to sit with their customers, and marketing asks you to present at conferences
What the job involves
- We're looking for a skilled Senior Product Manager to focus on our Treasury Products which includes Lithic’s Accounts, Money Movement, Debit and Credit ledger product offerings
- This person will will collaborate with other product leaders to build a roadmap for our product, prioritize features, and take concepts from ideation to execution
- Understand the market and the customer to develop a detailed understanding of how our business operates and what our customers need through our modular treasury infrastructure
- Set the strategy for your product area, ensuring that it aligns with company strategy, and translate that strategy into projects for the next 3, 6, and 12 months
- Design customer centric metrics to ensure we are building the right features and capabilities on our platform
- Build and own the product roadmap for a meaningful portion of the Lithic offering
- Prioritize what projects we should work on, why they are important, how they should work, how they should be prioritized, and how they should be measured
- Write PRDs and specs to think deeply about how product features should work and document these thoughts via specs with thorough coverage of edge cases
- Execute cross functional work by working with design and engineering on scoping, task management, implementation, and follow up after launch. Collaborate with other stakeholders including support and compliance to ensure smooth delivery of new features
- Foster a customer centric culture across the company. Hold a high bar for product quality and help enforce it across the company
Our take
Lithic has developed a fast and simple card-issuing API that allows developers to create and monitor payment cards - physical and virtual - and the transactions that take place on them. Its expanding list of use cases includes on-demand services, vertical SaaS, and alternative lending, meaning its product spans a promising and exciting remit of growing sectors.
Lithic began as Privacy.com, helping customers keep their transactions private and secure through generating disposable, virtual payment card numbers. The significant uptake prompted a pivot of service to corporate customers and the card-issuing API (although Privacy.com continues as a subsidiary), and this savvy strategy has seen notable success as the appetite for fintech solutions continues to grow.
The company has raised impressive rounds of funding to continue developing its platform and its B2B direction. It will need this to keep its edge over larger competitors like Galileo and Marqueta - that is, to maintain its more modern infrastructure, and therefore its appealingly agile functionality for its early-stage startup customers.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jul 2021
$60m
SERIES C
May 2021
$43m
SERIES B
Total funding: $163.4m
Company benefits
- Health, vision, and dental insurance
- Flexible PTO
- 401(k) match
- Equity
- Remote-friendly
- 12 weeks of paid family leave
Company HQ
Lower Manhattan, New York, NY
Leadership
Bo Jiang
(CEO)Previous Research Assistant at MIT Media Lab and Engineer at Hatch Labs.
Jason Kruse
(CTO)Experience as a Software Development Intern at IBM and then became a Software Engineer at Expensify.
David Nichols
(Head of Design)Extensive experience in design, most recently working as a Designer for Rabbit & Hare and then Product Designer for Palantir Technologies.
Salary benchmarks
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