Strategy & Operations, Stripe
Banking-as-a-Service
$150.2-225.3k
Salary is based on US rate and may vary depending on location
More information about location
A financial infrastructure platform for businesses
Be an early applicant
A financial infrastructure platform for businesses
1001+ employees
Be an early applicant
$150.2-225.3k
Salary is based on US rate and may vary depending on location
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- A successful BaaS S&O candidate will have a demonstrated ability to work entrepreneurially in ambiguous, fast-paced environments, think strategically and analytically to identify cross-functional challenges, and build consensus to execute complex projects
- The ideal candidate will enjoy the breadth of opportunities this role will offer, and will excel in jumping into new situations to quickly get up to speed, and drive strategic projects forward
- Comfort navigating ambiguity and ability to juggle multiple projects will be key
- If you’re hungry, smart, persistent, and a great teammate, we want to hear from you!
- Strategic operator, with a consistent track record of excellence (7+ years of work experience) Prior experience working in high growth, technology companies
- 5+ years of experience in a combination of program management, product management, business operations, strategy and operations, finance, and/or consulting
- Proven track record of defining and executing complex programs with global teams across multiple functions
- Effective communicating at all levels of an organization, from executives to project teams
- Excellent written and verbal communication skills, with the ability to establish strong relationships with stakeholders and senior leaders
- A strong operator with high attention to detail and experience making sound, data-driven decisions
- Thrive in solving ambiguous problems and see opportunities where others see chaos
- Relentless focus on users and solving for their needs and wants
Desirable
- Experience working in FinTech, Payments, and/or BaaS strongly preferred
What the job involves
- Stripe’s Banking-as-a-Service (BaaS) team enables users to build and launch successful card programs (Issuing) and provide access to fast, flexible financing (Capital)
- As part of the BaaS organization, the BaaS Strategy & Operations (S&O) team works cross functionally within our group and across Stripe to drive and enable the growth of the business
- We lead mission critical, cross-functional efforts, deliver objective analysis and insights, incubate new roles, and execute on strategic initiatives
- You may dig into winning new market segments, design new business systems and processes to scale our group, help us build and launch new products, or unlock new revenue opportunities
- Whatever it is, we work on what will move the needle most for Stripe
- Partner closely with Product leadership to define the long-range vision, strategy, and priorities for the team
- Lead or advise on mission-critical product and GTM strategy initiatives
- Help shape the product roadmap for the BaaS business through robust gathering of competitive intelligence and user insights
- Partner with GTM leadership to drive GTM strategy and lead commercialization of key product launches
- Partner with Finance to drive planning processes, including investment decisions, strategy updates, operational plans, and OKRs
- Maintain a pulse on the financial health of the BaaS business, highlighting key metrics and trends and developing action plans to drive improvements
- Oversee the efficient running of the BaaS organization, creating the processes and conditions that enable the BaaS teams to do their best work, efficiently
- Bring rapid clarity to ambiguous situations, resolve them effectively, communicate decisions efficiently, and enable teams to move towards implementing solutions. Bring your experience and contextual knowledge to bear on the problems that teams need to solve
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company values
- Built for builders - The best reason to work at Stripe is that you will have colleagues who support and challenge you to do the best work of your career. We combine a big-picture mindset with obsessive attention to the details, down to the last pixel, API parameter, and word.
- An environment of growth - We care about results more than CVs. We value managers who remain experts while developing talent and designing successful orgs. You can also have a big impact and advance far without managing anyone. We want you to take what you’ve been hired to do, and show us how it’s done – you might create something we never would have imagined. We have had account managers start a publishing arm, interns who have run business units, and hackathon participants who have built company-defining products.
- Fast-paced, detail oriented - We balance innovation with scrupulous attention to every bit and byte involved in the movement of money – because we can’t do our job well unless we do both. When we started, we emailed every API error to everyone at the company. Now, we have more than 250 million API requests a day – and we still care about each one.
- Voraciously curious - We wish there was a book that described what we need to do next (we’d even publish it), but since there isn’t, we all have to write it together. You will need to find answers to questions you’ve never been asked before. Sometimes, you will be the first person ever to contemplate a particular problem. We want people who devour books for fun and approach new challenges with eager curiosity.
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 190 more jobs at Stripe