Senior Product Manager, Betterment
Employer Recordkeeping
$140-165k
+ Equity Package
More information about location
4 days a week in office
Banking and investment app
Be an early applicant
Banking and investment app
501-1000 employees
Be an early applicant
$140-165k
+ Equity Package
More information about location
4 days a week in office
501-1000 employees
Company mission
To make people’s lives better.
Role
Who you are
- Product Management experience, ideally in financial services or financial technology. A focus on recordkeeping or back-end financial operations is strongly preferred
- Deep curiosity and aptitude for mastering complex, regulated domains
- Self starter with demonstrated success leading cross-functional collaboration with Legal, Compliance, Operations, and Engineering teams
- Strong communication skills and the ability to clearly articulate technical and compliance-driven topics to diverse audiences
- Experience balancing short-term delivery with long-term strategic planning
- Analytical mindset and comfort using data to inform product decisions
- Obsessive attention to detail and strong organization skills in a fast-paced environment
- A passion for designing systems that enable both growth and trust
What the job involves
- As a Senior Product Manager on this team, you’ll help shape the systems that make those operations seamless and trustworthy — powering 401(k) plans and other innovative employer-sponsored offerings
- This role focuses on the back-end infrastructure and processes that keep our recordkeeping platform compliant, efficient, and built to scale
- You’ll execute against an existing roadmap while also developing the long-term vision for how governance, compliance, and operational rigor should evolve across Betterment at Work
- You’ll collaborate closely with engineering, operations, legal, and compliance partners to bring structure, clarity, and efficiency to a highly complex domain
- Your work will be critical in shaping the durable systems that enable growth, mitigate risk, and make it easier for employers and employees to benefit from Betterment’s platform
- This role is based out of our NYC office
- Driving the Employer Recordkeeping roadmap — executing on customer and organizational priorities while identifying and advocating for enhancements that strengthen the platform’s long-term foundation
- Partnering with Legal, Compliance, and Operations to ensure the recordkeeping systems meet regulatory requirements while maintaining operational excellence
- Deeply understanding the intricacies of employer recordkeeping — including contribution processing, reconciliation, and data integrity — and advocate for system improvements that strengthen accuracy and auditability
- Working closely with Engineering to define requirements, prioritize initiatives, and navigate trade-offs between scalability, compliance, and efficiency
- Conducting customer and competitive research to inform the direction of our platform and ensure it continually exceeds customer expectations
- Collaborating with cross-functional partners to define what governance and controls should look like in a best-in-class recordkeeping platform
- Building narratives and frameworks that help Betterment leadership align on the long-term platform vision and the customer needs it will drive forward
Application process
- We’ll take a few weeks to review all applications. If we’d like to spend more time with you, we’ll reach out to arrange next steps, which will include 3-4 sets of meetings with your future colleagues
- In the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our questions will be aimed at understanding how you might operate here at Betterment. Depending on the role, we may ask you to complete a case study exercise or technical assessments, as we want to collect a robust set of data points to better inform our decisions
- On average, it takes us around 3-5 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 2-3 final round candidates before making a hiring decision. Please note that, as we usually receive an overwhelming number of applications for open positions, we’re unable to offer individual feedback during the interview process
Our take
Betterment is an app-based investment platform that provides personal finance data and guidance to retail users through a range of real-world data and AI analytics to deliver investment advice to customers.
The company has become the largest independent digital investment advisor in the U.S. Having expanded its 401k business, Betterment has entered the world of Crypto, partnering with Gemini to offer customized crypto portfolios and its "Crypto Investing by Betterment" platform.
Betterment has a wealth of competition in this increasingly crowded space. Other robo advisors offering similar services include Moneyfarm, Wealth Simple, M1 Finance and Personal Capital. Going forward, Betterment hopes to further distance itself from rivals as it further innovates its platform.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Sep 2021
$60m
SERIES F
Jul 2017
$70m
SERIES E
Total funding: $335m
Company benefits
- Health and wellness: Get comprehensive medical, dental, and vision, plus a free subscription to One Medical.©
- Generous time off: We encourage you to take time off (seriously) and get the rest you need to do your best work.
- Paid parental leave: We welcome new additions to your family with 12-18 weeks of parental leave.
- Matching benefits: We offer a 401(k) match and a match on qualified student loan payments
- Equity: Gain stake in Betterment’s success with company equity grants.
- Free food: Snacks, beverages, and catered lunches at our NYC HQ
- Long-term health resources: We provide LGBTQIA+ transition and fertility support.
- Find your community: Make connections through seven employee affinity groups and a social calendar of hybrid events.
Company HQ
Flatiron District, New York, NY
Leadership
Jonathan Stein
(Board Member)After studying Economics at Harvard, Jonathan worked as a Consultant at First Manhattan Consulting Group for over 4 years. He founded Betterment in 2007, serving as CEO until 2020 when he stepped down to Chairman of the Board.
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