Principal Product Manager, SoFi

Home Loans

$163.2-280.5k

+ Bonus + Long term incentives

Salesforce
Senior and Expert level
San Francisco Bay Area
SoFi

Mobile & online personal finance services

Job no longer available

SoFi

Mobile & online personal finance services

1001+ employees

B2CBankingPersonal financeLendingInvestingMobile

Job no longer available

$163.2-280.5k

+ Bonus + Long term incentives

Salesforce
Senior and Expert level
San Francisco Bay Area

1001+ employees

B2CBankingPersonal financeLendingInvestingMobile

Company mission

To help people reach financial independence to realize their ambitions.

Role

Who you are

  • Bachelor’s degree or higher in any discipline (technical or non-technical)
  • 7+ years of product management experience, with a proven track record of leading impactful, high-scale product initiatives
  • Strong attention to detail with the ability to summarize complex issues
  • Experience working with Salesforce CRM, contact center platforms, and loan operating systems
  • Proven track record of leading cross-functional teams to deliver products on time
  • Ability to understand and discuss technical concepts, manage tradeoffs, and evaluate new ideas
  • Excellent written and verbal communication skills, including presenting to executive leadership
  • Analytical mindset with experience working with data to inform decisions
  • Proactive and accountable approach to work, with strong coordination and planning skills
  • Experience working with remote teams
  • Deep customer empathy and a passion for helping people achieve their financial goals

Desirable

  • MBA

What the job involves

  • SoFi is seeking a Senior Product Manager to lead a key pillar of our Mortgage business
  • In this role, you will define, prioritize, and build innovative capabilities to deliver exceptional experiences for SoFi members as they use our mortgage product to achieve their financial goals
  • As a Senior Product Manager, you’ll work across engineering, design, marketing, finance, sales, and operations to deliver differentiated and impactful mortgage solutions
  • You’ll inspire with your vision and roadmap, set ambitious goals, and be accountable for delivering results
  • Your work will bridge the technical and business worlds, creating experiences that delight members and drive business growth
  • Design and build innovative, customer-centric mortgage solutions
  • Collaborate with design, engineering, and stakeholders to create experiences that delight our members
  • Partner cross-functionally with marketing, sales, operations, legal, compliance, capital markets, and executive leadership to prioritize impactful product plans
  • Develop and communicate a clear product roadmap and evangelize it across teams
  • Write clear, concise product requirement documents
  • Manage product backlogs and dive deep into execution
  • Leverage data and analytics to deeply understand product performance and identify opportunities
  • Communicate effectively with senior stakeholders, bringing clarity to ambiguous situations in a fast-paced, agile environment
  • Embody SoFi’s values in all aspects of your work

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Insights

Top investors

7% employee growth in 12 months

Company

Company benefits

  • Comprehensive health, vision, dental, life insurance, and disability benefits
  • Generous vacation and holidays
  • Paid parental leave for eligible employees
  • 401(k) and education on retirement planning
  • Tuition reimbursement on approved programs, up to $5,250 per year
  • Monthly contribution up to $200 to help you pay off your student loans
  • Great health & well-being benefits including: telehealth parental support, subsidized gym program
  • Flexible time off
  • Fertility and family planning options
  • Free financial classes

Funding (last 2 of 9 rounds)

Jan 2021

$369.9m

LATE VC

May 2019

$500m

GROWTH EQUITY VC

Total funding: $2.7bn

Our take

SoFi started by offering ways for students to secure better financial terms on their loans, and now offers a huge range of personal finance products, including bank accounts, loans, mortgages, investment advice, and investment opportunities. Many customers find they have to go to multiple financial service providers to meet all their finance needs, but SoFi overcomes this issue by putting it all in one place.

Its goal, to cover all the financial bases, sets them apart from many of the traditional banks and even some of their digital competitors, such as Avant, which has chosen to focus on providing credit alternatives. Although it is operating in a competitive market with a lot of big players such as Monzo, Revolut, and Starling, the company has managed to raise huge amounts of funding to support its rapid expansion.

SoFi has focussed on global expansion, moving outside the US, and has made a series of acquisitions to support this - including a Hong Kong-based investment app called 8 Securities. After going public on the New York Stock Exchange via a SPAC merger in June 2021, the company has continued to evolve and release more mission-oriented services into its roster, and strengthened its lending capabilities through a $350 million post-IPO loan. To date, the company has sold over $15 billion in personal loan collateral and continues to strengthen its offering.

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Kirsty

Company Specialist at Welcome to the Jungle