Senior Product Manager, Wealthfront
New Business Line
$170-200k
+ Equity and discretionary bonus
Automated investment management
Job no longer available
Automated investment management
201-500 employees
Job no longer available
$170-200k
+ Equity and discretionary bonus
201-500 employees
Company mission
To build a financial system that favors people, not institutions.
Role
Who you are
- The role requires analytical rigor and a willingness to get into the details to understand our existing systems and partners as well as new technological capabilities that can be applied to deliver great consumer experiences
- Success in this role requires a healthy balance of executional excellence and strategic thinking
- 4+ years of Product Management experience; 2+ years of experience building mortgage- or real estate-related products
- Strong product sense. You’re passionate about building delightful product experiences
- Willing to get into the details to drive high-quality decision-making
- Analytical mindset with a data-driven approach to problem solving and decision-making
- Excellent communication and presentation skills with an ability to quickly command trust and drive alignment with teammates, executives, and partners
What the job involves
- Wealthfront is looking for a Senior Product Manager to support the development of our Home Lending products
- In this role, you’ll partner with the Home Lending Product Lead and a high-performing cross-functional team to deliver the features and benefits our clients are demanding most
- This includes the continued development of our mortgage origination platform and homebuyer preparation program
- You’ll use quantitative and qualitative research to drive high-quality decision-making that results in successful products
- Use customer and business insights to frame the most important problems and opportunities and rally the team around developing the best ways to address them
- Define product priorities and roadmaps. Use data and good judgment to drive alignment around tradeoff decisions
- Partner with the Home Lending Product Lead to deliver the roadmap through agile sprint cycles
- Define success metrics and consistently measure the impact of the team’s work
- Work cross-functionally to take new products and features to market in a way that maximizes their success
Our take
Wealthfront's platform takes the hassle and stress out of investing, financial planning, borrowing, and saving with automated services and financial advice. Its robo-advisor allows customers to set a financial limit on their accounts, anything above the limit is moved into an investment account or another account chosen by the customer.
Indeed, it has some similarities to round-up apps like Acorn, which round up purchases and put the spare change into savings. There are other companies working on robo-advisors too, such as Morgan Stanley and Betterment.
Nonetheless, with an impressive and steadily increasing list of clients, with more than $50B of assets under its management, Wealthfront achieved Unicorn status in September 2022. Wealthfront is diversifying its offerings, branching into high-interest checking accounts and investment advice.
Steph
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2018
$75m
SERIES E
Oct 2014
$64m
SERIES D
Total funding: $204.5m
Company benefits
- 401(k)
- Medical/Vision/Dental insurance
- HSA contributions for high deductible plans
- Discretionary time off policy
- 16 weeks of paid parental leave (both parents)
- Flexible working hours
- Monthly wellness reimbursement
Company HQ
University South, Palo Alto, CA
Leadership
Dan Carroll
(CSO)They studied Finance and Entrepreneurship at the University of Arizona before using this expertise to co-found Wealthfront in December 2008.
Andy Rachleff
(Executive Chairman)Prior to Wealthfront, they co-founded and was General Partner of Benchmark Capital, where they were responsible for investing in a number of successful companies including Equinix, Juniper Networks, and Opsware.
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