Senior Director of Banking Strategy & Operations, Chime
$236.9-315.9k
+ Bonus + Equity
Mobile banking for the everyday person
Job no longer available
Mobile banking for the everyday person
1001+ employees
Job no longer available
$236.9-315.9k
+ Bonus + Equity
1001+ employees
Company mission
To make financial peace of mind a reality for millions of everyday people.
Role
Who you are
- Have experience delivering strategic projects at Engagement Manager, Project Leader, Manager level at Top Tier strategy consulting firm
- Hands-on operational experience at a major financial institution / big bank deeply understanding how and why banks operate and manage their business strategies the way they do
- The ability to clearly communicate recommendations to technical and non-technical audiences, driving consensus from executives and peers, with world-class interpersonal skills and the ability to work in a team environment and cross-functionally
- A strong passion for Chime’s mission to provide members financial peace of mind
- Exceptional analytical abilities, capable of being hands on with the data to quickly interpret results and communicate concise recommendations
- Have demonstrated a track record of professional excellence (e.g. promoted early, multiple promotions at top-tier company)
- Have 10+ years of work experience
What the job involves
- As Senior Director, Banking Strategy & Operations, you will support our critical business partnerships and drive the strategy for Chime’s banking platform
- You will own the Banking Strategic own our long term strategy to ensure Chime’s banking platform is positioned for long term success to best serve the needs of our business and product roadmap
- Drive the strategy setting and execution of Chime’s short, medium, and long term banking positioning by collaborating with the Chime Executive team and team members in Finance, Legal, Government Affairs, and Investor Relations to ensure Chime is setup for durable growth
- Dive deep into our current bank partners’ key metrics, understanding their liquidity positions, balance sheet strategies, and risk appetites - and map together how our business objectives will necessitate changes with our partners
- Advocate with internal and external partners (including press, policy makers, and bank executives, and other key opinion leaders) Chime’s position in the banking landscape, and maintain our thought leadership in the space
- Develop Chime’s position on new potential banking regulations (e.g. Open banking, bank partnerships) and drive cross functional alignment and education
Our take
Chime is part of the growing realm of fintech banks and providers, emphasizing straightforward, cost-effective banking solutions. It cuts the expenses tied to basic bank accounts and provides users with greater autonomy in managing their finances.
In contrast to many traditional banks that levy steep fees and hefty penalties for overdrafts while offering meager interest rates on savings, Chime addresses a crucial gap in the banking sector. Its primary focus is on catering to individuals with modest savings who seek the convenience of automated digital banking.
With a remarkable ascent in its trajectory, Chime's current valuation stands at $25.5B, a staggering $23.5B surge from its early 2019 valuation, underscoring its impressive and swift expansion. However, competition remains fierce, with other neobanks like Ally offering similar features and vying for the same customer base.
Freddie
Company Specialist at Welcome to the Jungle
Insights
0% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Aug 2021
$750m
SERIES G
Sep 2020
$485m
SERIES F
Total funding: $2.0bn
Company benefits
- Physical: We believe in taking care of your physical health, so as a Chimer you’ll get medical, dental, and vision insurance, as well as benefits to support your physical activity, family planning, and all of your little Chimers
- Emotional: We know that staying healthy involves a lot more than doctor’s checkups. We partner with Modern Health to help you navigate your mental health, give monthly Take Care of Yourself Days, and want you to take time off when you need it
- Financial: We want Chimers to save and feel financially supported, so we offer savings plans with competitive matching, as well as access to financial planning and legal assistance so that you can find your financial peace of mind
- Social: We’ll celebrate your milestones together with travel stipends, swag, and high-fives and make sure you’re connected to fellow Chimers through our Chime Resource Groups (CRGs) and company events
Company HQ
Nob Hill, San Francisco, CA
Leadership
Chris Britt
(Co-Founder & CEO)Chris worked as an Accenture Management Consultant for 4 years before roles at CMGI, Comscore Networks, and Visa. They left their position as an SVP of Corporate Development at Green Dot Corporation to co-found Chime in November 2012.
Ryan King
(Co-Founder)Ryan worked at Plaxo for 8 years, first as Lead Engineer and then working their way up to VP of Engineering & COO. They went on to be CTO & Vice President at Comcast Silicon Valley Innovation Centre before co-founding Chime.
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