Full-Time

Principal Product Designer

Posted on 10/22/2024

Chime

Chime

1,001-5,000 employees

Online banking platform offering fee-free services

Fintech
Financial Services

Compensation Overview

$199k - $281.9kAnnually

+ Bonus + Equity Package

Senior, Expert

San Francisco, CA, USA

Hybrid role requiring 3 days per week in the office.

Category
Product & UX/UI Design
UI/UX & Design
Required Skills
Interaction Design
Product Design

You match the following Chime's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 8-10+ years of experience designing consumer-facing digital and mobile experiences
  • A consistent record of building successful consumer mobile apps
  • A portfolio of industry defining visual and interaction design samples
  • The ability to balance business objectives with user needs
  • The ability to take a first principles approach to sophisticated problems and articulate the decisions behind every design detail
  • A growth mindset, be an optimist, and be adaptable!
  • Ability to code or build a prototype is a plus.
Responsibilities
  • Act as an evangelist for design and our members
  • Partner with cross functional colleagues to create products that bring positive change to our members lives and grow the company
  • Provide design critique and offer leadership to others on the team
  • Use a human-centered design process to solve member problems
  • Contribute to our design standards and push them forward
Desired Qualifications
  • Ability to code or build a prototype is a plus.

Chime provides online banking services without physical branches, focusing on a fee-free experience for its customers. It partners with The Bancorp Bank, N.A. and Stride Bank, N.A. to offer a debit card and various banking features. One of its key services, SpotMe, allows users to overdraft up to $200 on debit card purchases without fees, subject to eligibility. Chime also offers direct deposit, enabling customers to receive paychecks up to two days earlier than traditional banks. Unlike many banks, Chime does not charge monthly fees, minimum balance fees, or foreign transaction fees, and it provides access to over 60,000 fee-free ATMs. Additionally, Chime has a secured credit card that helps users build their credit without a credit check and a savings account with a competitive 2.00% APY. Chime's revenue primarily comes from interchange fees when customers use their debit cards. The company's goal is to simplify banking and help customers manage their finances effectively.

Company Stage

Series G

Total Funding

$2B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Chime's free in-app tax filing could attract cost-conscious users seeking financial solutions.
  • Partnership with NCR Atleos increases brand visibility through branded ATMs at Walgreens.
  • Salt Labs initiative rewards frontline workers, boosting customer loyalty and engagement.

What critics are saying

  • Chime's reliance on interchange fees may be impacted by DOJ's lawsuit against Visa.
  • Potential IPO in 2025 may expose Chime to market volatility and investor scrutiny.
  • Competition from established tax software companies could challenge Chime's in-app tax service.

What makes Chime unique

  • Chime offers fee-free banking services, unlike traditional banks with numerous fees.
  • SpotMe allows overdrafts up to $200 without fees, enhancing customer financial flexibility.
  • Chime's secured credit card helps improve FICO scores without a credit check.

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Benefits

Competitive salary based on experience

401k match plus the usual medical, dental, vision, life, and disability benefits

Generous vacation policy and company-wide Take Care of Yourself Days

Virtual events to connect with your fellow Chimers- think cooking classes, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!

INACTIVE