Senior Product Manager, Earnin
Risk
$151.3-233.7k
+ equity
Office located in Palo Alto, CA
Paycheck advance service for employees
Job no longer available
Paycheck advance service for employees
201-500 employees
Job no longer available
$151.3-233.7k
+ equity
Office located in 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
- 4+ years of product management experience with a strong product sense developed by shipping delightful & innovative consumer products
- Strong analytical skills in leveraging data to drive product decisions and improve metrics
- Deep user empathy and experience building products based on user needs
- Excellent written and verbal communication skills
- Experience with a culture of rapid experimentation to accelerate learning and iteration
- Ability to influence and build alignment between different teams and functions to successfully execute your roadmap and deliver against goals
- Ability to think outside the box to solve hard problems with creative and radical ideas
- Strong product/design sense developed by shipping delightful and innovative products
- Ability to get the job done in a highly constrained space even if that means rolling up your sleeves for your team
- Prior fintech & payments experience
- Prior risk experience is nice to have, but not necessary
What the job involves
- As a Senior Product Manager on the Risk team at EarnIn, you'll help bring our mission to life - reinventing the financial system and helping our community members get to a better place financially
- You will be responsible for scaling our Risk Platform as well as building the next set of product innovations and features to manage risk across Credit, Fraud and Risk/Fraud Operations
- You’ll need to employ everything in your product toolkit to architect the product strategy, constantly discover new insights, and drive forward on execution
- Maintain a constant pulse on our community members to understand their needs and the problems they face in solving those needs
- Create tight feedback loops with our community members and create a deep understanding of Product Issues and path to resolution
- Raise the bar for design quality and user experience to make the experience of using Earnin delightful and engaging for our community members
- Lead a cross-functional team of engineers, designers, researchers, and data analysts to build and scale products that make the most impact on our community members
- Define OKRs and set stretch goals for your product and team
- Establish, monitor and analyze metrics to track progress towards product goals
- Leverage user research and data analysis to identify and prioritize new product opportunities for your roadmap
- Design, develop, and execute features and experiments to rapidly iterate your way to the product’s success
- Communicate the product vision, roadmap and results to your product team, stakeholders including the executive team, and community members
- Collaborate with key stakeholders across marketing, risk, customer support, finance and legal to ship sustainable and compliant products
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 pay checks 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 which 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
(CEO)Was Senior Operations Manager at Reflect.com, a P&G company. Served as President of UniRush from 2004 to 2012.
Salary benchmarks
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