Group Product Manager, Marqeta

IC, Risk Decisioning

$170.3-250.5k

+ Equity in a publicly-traded company and an Employee Stock Purchase Program

Expert level
San Francisco Bay Area
Remote from US
Marqeta

Modern payment and card issuing solutions

Open for applications

Marqeta

Modern payment and card issuing solutions

501-1000 employees

FintechB2BPaymentsCredit cardsFinancial Services

Open for applications

$170.3-250.5k

+ Equity in a publicly-traded company and an Employee Stock Purchase Program

Expert level
San Francisco Bay Area
Remote from US

501-1000 employees

FintechB2BPaymentsCredit cardsFinancial Services

Company mission

To be the global standard for modern card issuing, empowering builders to bring the most innovative products to the world.

Role

Who you are

  • 10+ years in product management roles designing and delivering fraud and risk solutions that have delighted customers and driven business growth
  • Proven track record of setting vision and strategy for a portfolio of products and translating it into a roadmap with rigorous end-to-end execution
  • Experience recruiting and growing top talent and building high performing teams, with strong EQ and leadership skills
  • Strong written and verbal communication skills with a talent for precise articulations of customer problems for technical and business audiences
  • Proficient in identifying key metrics, analyzing data, and balancing quantitative and qualitative information to make decisions
  • “Roll up your sleeves” mentality to make your products and team successful, seeking root causes, assigning ownership, and driving accountability to get things done
  • Creativity and customer empathy to translate features or functions into user flows, experiences, or value propositions that can generate new products
  • Creativity to propose 0->1 features and solutions, working without clear

Desirable

  • Strong understanding of the payment industry ecosystem: card brand regulations, ISO 8583, EMV and digital wallets
  • Strong technical acumen, curiosity, and familiarity with new technologies, API’s, programming languages, and databases
  • Implementation of solutions processing 100M+ transactions per day

What the job involves

  • As Marqeta's Group Product Manager, you'll join the Risk, Fraud and Disputes Team and own the entire Risk Decisioning Product suite for Marqeta
  • As a Senior Product Leader, you will be in charge of challenging the status quo and creating a revolutionary suite of fraud management products at Marqeta
  • You will strike the right balance between stopping fraud while protecting legitimate transactions
  • You will be an experienced AI leader with a deep understanding of AI and fraud product development
  • You will partner with a diverse set of teams including engineering, data scientists, risk operations, legal, GTM and marketing
  • Define and execute a clear, actionable strategy that aligns with the company’s overall growth objectives
  • Lead and inspire others with a compelling product vision and roadmap, driving alignment and seeking consensus among leadership, peers, and teams
  • Deeply understand fraud and risk for issuers to identify impact of initiatives or features across the platform. This includes understanding of the competitive landscape, AI-based fraud tools, rules-based fraud engines and strong customer authentication tools
  • Develop AI-powered products and features that directly address customer pain points and drive business outcomes. Work cross functionally to ensure customer success
  • Own the complete P&L for your suite of products and drive business/product/operational changes keeping financial outcomes top of mind
  • Represent Marqeta in industry fairs as thought leader in fraud and risk management for Issuers. Be an expert on the trends in everything from fraud and risk in prepaid, debit, credit, ACH and other emerging payments options
  • Collaborate across customer-facing and technical teams to collect inputs for prioritization of features, including value, effort, usability, and priority
  • Create well-defined Product Requirement Documents focusing on customer and business value and defining metrics to quantify success
  • Deliver customer value iteratively, managing products through various launch phases and follow-on releases
  • Act as technical advisor to educate and evangelize feature(s) with customers via meetings, presentations, and other forums
  • Collaborate with go-to-market partners to develop product collateral, presentations, trainings, and other tools to bring products to customers and prospects
  • Bring context to the team and organization on the industry and customer life cycle
  • Identify critical metrics to assess success and performance of products, in ways that resonate with the business
  • Your Manager: Sameer Patwary

Application process

  • Application submission
  • Recruiter phone call
  • Hiring manager video call
  • Virtual “Onsite” consisting of 4-5, 45 min calls
  • Offer!

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Insights

Top investors

39% female employees

3% employee growth in 12 months

Company

Company benefits

  • Praise: We believe in generously recognizing each other’s talents and contributions, and sharing the goodness we see
  • Health and wellness: We cover your premiums for health, dental, and vision. Plus, your pet gets his/her/its own insurance, on us
  • Flexible time off: We take time to relax and recharge when needed. We have unlimited time off for most employees and encourage an average of 5 weeks per year
  • Marqeta paid family leave: We support all families. We offer 12 weeks of paid leave for all new parents and up to 20 for birthing parents. We also offer 4 weeks of caregiving leave
  • 401k match: We invest in your future. We’ll match 50% of your contribution and up to 6% of your salary
  • Meaningful equity: As owners of the company, we’re all in this together. Full-time employees will receive equity in Marqeta
  • Giving back: We recognize we’re part of a larger community and encourage employees to donate their time and expertise to organizations they support
  • Monthly stipend: You’ll get an additional monthly stipend on your paycheck to help fund your daily commute, cell phone, and/or internet connectivity
  • Stock discount: The Employee Stock Purchase Program allows employees to buy discounted company stock

Funding (last 2 of 8 rounds)

May 2020

$150m

LATE VC

May 2019

$250m

SERIES E

Total funding: $541.3m

Our take

Marqeta processes payments quickly, offering businesses a more straightforward way to take customer payments with its physical and virtual card solutions. The company has a string of major companies utilizing its flexible and scalable platform, including Uber, Doordash, and Square.

The company is rapidly expanding in Europe, with strong growth in processing volumes and new partnerships, including major collaborations with firms like Trade Republic. Along with the company's recent partnership with Visa and Affirm which introduces the Visa Flexible Credential, allowing users to access multiple payment methods on one card, adding convenience and flexibility.

With a focus on global growth and delivering innovative financial services, Marqeta is targeting new verticals and supporting underbanked businesses. With this aim, the company is on its way to deepening its impact in the fintech space and driving further innovation in payments.

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Freddie

Company Specialist at Welcome to the Jungle