Corporate Development Director, Earnin
Paycheck advance service for employees
Job no longer available
Paycheck advance service for employees
201-500 employees
Job no longer available
201-500 employees
Company mission
Earnin’s mission is to build a financial system that works for people.
Role
Who you are
- 8+ years experience in corporate development, banking, or investing; experience leading M&A transactions in a Corporate Development role required
- Experience in and passion for FinTech preferred
- Excellent financial modeling and analytical skills, with strong attention to detail
- Comfortable structuring and presenting opportunities to senior leaders through written communications and presentations
- Proven track record of working cross-functionally to drive alignment and decision-making
- A scrappy and humble mindset. You roll up your sleeves to get things done
- Eager to tackle impactful business problems, and energized by a fast-paced, constantly evolving team environment
- BS/BA required
What the job involves
- Own and build the creative direction of Earnin’s creative campaigns and advertising
- Provide clear and constructive creative direction, delivering feedback to strengthen the work and inspire creative teams
- Present creative work to internal teams, cross-functional partners, and executives– clearly articulating creative rationale
- Own the creation of design assets for various brand touchpoints including advertising, social media, lifecycle marketing, internal communications and more
- Concept and develop preliminary concepts into refined, comprehensive design solutions
- Faithfully follow our brand guidelines and ensure others at Earnin do the same
- Pitch ideas (written, verbally, and visually) to peers, seniors, and executive leadership
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 paychecks 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 who 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
(Founder & CEO)Was Senior Operations Manager at Reflect.com, a P&G company. Served as President of UniRush from 2004 to 2012.
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