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Full-Time

Product Specialist

Posted on 3/22/2024

EarnIn

EarnIn

201-500 employees

Provides early wage access without fees

Fintech
Financial Services

Compensation Overview

$90k - $125kAnnually

+ Equity + Benefits

Mid, Senior

Palo Alto, CA, USA

Hybrid position requiring 2-3 days a week in-office presence at HQ Palo Alto, CA.

Category
Product Management
Product Operations
Product
Required Skills
Communications
Data Science
Requirements
  • 4+ years of experience in a role that had direct impact on customer experience and/or customer experience related operations.
  • Proven experience with leadership, business acumen, problem solving, critical thinking and analytical skills in financial services or highly regulated industry.
  • Demonstrated ability to effectively identify, prioritize, and handle multiple work streams simultaneously in a dynamic and rapidly-changing environment.
  • Strong ability to formulate and present analyses and business cases to both technical and non-technical stakeholders (i.e. engineering vs compliance).
  • Ability to foster collaboration and facilitate teamwork.
  • Outstanding interpersonal skills and empathy for customers.
  • Highly organized and comfortable planning and leading projects involving cross-functional stakeholders.
  • Outstanding written and verbal communication with all levels of the business from C-level to Customer Support.
  • Ability to lead and execute with a sense of urgency to achieve business outcomes.
  • Hands-on and willing to get hands dirty on execution.
  • Tech-savvy and multiple tool and software power user.
Responsibilities
  • The Product Specialist will work cross functionally to facilitate product-driven activity, drive the feedback loops to support continuous improvement, and be the voice of our community members.
  • Partner in operational areas that work closely to the product organization to support business and customer needs across EarnIn.
  • Become an expert in assigned product areas both on product mechanics, policies and customer care experience, insights and procedures.
  • Investigate and audit hundreds of tickets monthly.
  • Audit and shadow agent experience to identify areas for improvement.
  • Establish, drive and continuously improve processes that ensure our community members and internal teams are informed and well prepared for product-driven changes.
  • Develop operational playbooks and calendars to implement product strategy and manage complex projects through execution to excellence.
  • Lead cross-functional Go to Market working groups responsible for bringing new products, release, experiments and features to market, ensuring customer care readiness and compliance.
  • Ensure functional stakeholders are informed and aligned in a timely manner across the company on key objectives for product changes with customer experience implications.
  • Create feedback channels throughout customer care operations that will ensure problem areas are identified during testing and launch.
  • Coordinate with a variety of cross-functional partners within customer care and beyond - such as Research, Operations, and Data Science - to identify and share critical customer insights specific to your product domain initiatives.
  • Make data-driven recommendations to support the continuous improvement of the customer experience within your product domains.
  • Continuously and effectively present insights and influence outcomes with key stakeholders at all levels to support meaningful impact to EarnIn's business.
  • Advise product teams on feasibility of initiatives throughout the entire product lifecycle.
  • Be the voice of our community member’s during product development and performance tracking.

Earnin provides a platform that allows individuals to access their earned wages before their official payday. Users can cash out a portion of their earnings without incurring any fees or interest, making it a convenient option for those needing quick funds for emergencies or daily expenses. The app features a "Balance Shield" that helps users maintain their bank account balance by automatically depositing money if it falls below a certain level. Unlike traditional financial institutions, Earnin operates on a unique model where users can choose how much to pay for the service, fostering a community-driven approach that encourages voluntary contributions. This model promotes financial fairness and accessibility, as users can contribute as little as zero dollars. Additionally, the "Tip Jar" feature helps users set and achieve savings goals in an engaging way. Earnin prioritizes user privacy and data security with 256-bit encryption.

Company Stage

Series C

Total Funding

$264.6M

Headquarters

Palo Alto, California

Founded

2012

Growth & Insights
Headcount

6 month growth

8%

1 year growth

22%

2 year growth

81%
Simplify Jobs

Simplify's Take

What believers are saying

  • Earnin has facilitated over $15 billion in earned wages, demonstrating significant user trust and market penetration.
  • Recognition through awards like the Best Payments App and Globee CEO World Awards highlights Earnin's industry leadership and innovation.
  • Strategic hires in legal and cybersecurity positions strengthen Earnin's compliance and data security, crucial for maintaining user trust and regulatory adherence.

What critics are saying

  • Past legal issues, such as the 2019 class action lawsuit for deceitful lending practices, could impact Earnin's reputation and user trust.
  • The voluntary contribution model may not be sustainable long-term if users opt to pay little or nothing for the service.

What makes EarnIn unique

  • Earnin's no-fee, no-interest model for accessing earned wages sets it apart from traditional financial institutions that rely on mandatory fees and interest charges.
  • The community-driven 'pay it forward' approach fosters a sense of mutual support and financial fairness, unlike competitors who do not emphasize community contributions.
  • Earnin's Balance Shield and Tip Jar features provide additional financial security and savings options, enhancing user experience beyond simple wage access.

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Benefits

Life in balance - Ten company holidays and flexible time off so you can rest and recharge when you need it most. With pay, no catch.

Family matters - When your family grows, we want your focus on them. Our generous parental leave policy and wellness funds make it easy to put yourself and loved ones first.

Learn & grow - A commitment to career development that includes regular training for team members and managers alike, 360 feedback, and an annual stipend for growth opportunities.

Company culture - Employee Resource Groups provide growth opportunities and allow you to create the company *you* want to work at (more on that below).

Health & wellness - Flexible healthcare options across medical, dental, and vision—and a free Employee Assistance program offering mental health resources and legal advice.

Save & support - Includes Earnin’s 401(K) and FSA plans with tax advantages for retirement, healthcare, and dependent care expenses.

INACTIVE