Product Manager, Betterment
Money Movement
$105-115k
+Equity
More information about location
3 days a week in office
Banking and investment app
Open for applications
Banking and investment app
501-1000 employees
Open for applications
$105-115k
+Equity
More information about location
3 days a week in office
501-1000 employees
Company mission
To make people’s lives better.
Role
Who you are
- You are an organized and detail-oriented product manager with experience working across web and mobile platforms. You are a natural collaborator and love being part of a cross-functional team
- You relish rolling up your sleeves and explaining complex requirements to engineers, designers, and data analysts…and you also build strong relationships with subject-matter experts across the company
- You are masterful in prioritizing effectively and making tradeoffs across a range of tasks and initiatives. You live for iteration and know that the job of building software is never done
- You rapidly build rapport with people and teams and are respected by peers as a strong and honest partner. You are passionate about building a customer-centric business that will impart lasting change to the financial services sector
- You have a proven track record of feature delivery as a product manager and are passionate about building experiences that customers love
- You care about making money management better, and are familiar with investing fundamentals. You are innovative, able to craft a vision, define products, and thrive in a fast-paced, collaborative environment
- Product management experience with a proven track record of success in launching and iterating consumer products
- Strong balance of both analytical and creative thinking
- Passion for creating delightful customer experiences based on user research and data
- Ability to learn quickly, pay attention to details, and keep yourself and your team organized in a fast-paced environment
- Demonstrated success at communicating, prioritizing, and balancing needs cross-functionally
- Ability to build strong relationships across functions within an organization
- A big plus: experience with personal finance products and/or highly regulated industries
What the job involves
- As a Product Manager on our Money Movement & Insights team, you’ll be focused on the foundational aspects of money movement for cash and investment accounts
- Your expertise on money movement will inform how we connect our customers with Betterment’s dynamic advice, recommendations, and automation which set them up for financial success
- Own and lead all aspects of Betterment’s cash transfer and investment management experiences
- Manage features our customers engage with most including new initiatives, enhancements, and maintenance of existing UX
- Understand financial pain points that our target market experience on a regular basis
- Translate these pain points into opportunities for product solutions that are valuable, usable, and feasible
- Know how existing Betterment customers experience our advice, recommendations, and money movement features, and identify opportunities for improvement
- Build trusted relationships
- Partner with design, engineering, and marketing to craft and launch beautiful, easy-to-use features that solve customer problems
- Drive cross-functional decisions and alignment with operations and our customer-facing teams
- Work across PDE to plan milestones that ensure your solutions reach our user base as efficiently as possible
- Coordinate with external partners for key functionality such as account aggregation and verification
- Further inform product decisions through analysis, user research, and experimentation
- Collaborate with analytics and engineering to integrate meaningful A/B tests
- Develop the success metrics for your area of the product and a tracking plan to support it
- Communicate to your team and stakeholders how your roadmap helps drive toward key metrics
- Develop a deep level of user empathy through product data, competitive analysis, and user research
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
- We recognize that interviewing for a new role is a big deal. We appreciate you considering Betterment as the next step in your career, and our Recruiting Team is here to support and advocate for you through 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
Insights
Few candidates hear
back within 2 weeks
-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 values
- Pursue happiness
- Start with the customer
- Build relationships beyond the task
- Own it and lead it
- Iterate to breakthrough
- Embrace efficiency
- Create enduring quality
Company HQ
Flatiron District, New York, NY
Articles
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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