Full-Time

Product Manager

Posted on 8/13/2024

Salary Finance

Salary Finance

201-500 employees

Financial wellness services for employees

No salary listed

Junior, Mid

Hammersmith, London, UK

Hybrid working offered.

Category
Product Management
Product
Requirements
  • You are an intelligent and quick learner who has worked on complex projects and/or products.
  • You have worked in product or consultancy and you enjoy the opportunity to throw yourself into varied tasks.
  • You have excellent stakeholder management skills and understand how to keep everyone informed and engaged in your product.
  • You have excellent writing skills and understand the importance of creating great documentation as a way to communicate your plan.
  • You are comfortable running and managing a roadmap and understand that a product manager needs to be constantly communicating and agreeing what they’re going to deliver if they are to provide value.
  • You are practical and understand that whilst you will make prioritisation decisions, you will also need to agree the roadmap and negotiate positively with stakeholders.
Responsibilities
  • Be responsible for achieving specific outcomes, ensuring that we are always progressing towards achieving our company OKRs.
  • Identify feature opportunities, test assumptions, and implement solutions that meet the needs of our customers.
  • Measure the impact of the changes you make; we won’t always achieve what we anticipated, but we must always be able to measure if that was the case, and then strive to understand why.
  • Work with engineering teams to create epics and user stories that clearly articulate your requirements.

Salary Finance improves employees' financial well-being by partnering with employers to provide financial education, tools, and products. Their services include salary-linked loans, savings programs, and financial calculators to help employees manage their money effectively. Unlike competitors, Salary Finance integrates these services into employee benefits packages, benefiting both employees and employers by reducing financial stress and increasing productivity. The company's goal is to enhance financial wellness for employees while supporting a more stable workforce for employers.

Company Size

201-500

Company Stage

N/A

Total Funding

$288.7M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • The merger with FinFit enhances their position in the US financial wellness market.
  • Integration with open banking can offer comprehensive financial insights to employees.
  • Growing demand for digital financial tools supports Salary Finance's online platform expansion.

What critics are saying

  • Integration challenges from the FinFit merger may disrupt service delivery.
  • Departure of key leadership like Ridhima Durham could create strategic gaps.
  • Regulatory scrutiny on ReFi™ may impact its adoption and success.

What makes Salary Finance unique

  • Salary Finance partners with employers to offer unique financial wellness benefits.
  • They provide salary-linked loans, savings programs, and financial education resources.
  • Their ReFi™ product offers a novel approach to automated debt consolidation.

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Company News

FF News
Nov 8th, 2023
Paylink And Salary Finance Partner To Launch Refi™

Paylink, a leader in the financial technology sector, is proud to announce its groundbreaking product, ‘ReFi™’ – a unique, safe and secure automated debt consolidation solution which, since its inception has saved Salary Finance customers over £10 million in interest payments.ReFi™, piloted by leading financial wellness platform, Salary Finance, is the first True Debt Consolidation product that addresses affordability challenges in the lending industry by seamlessly automating the settling of legacy debt with a customer’s new loan.Embedded in either a lender or intermediaries’ journey, the digital experience validates the card, loan and overdraft products a customer currently holds, confirms settlement balances, pays legacy creditors directly and, if instructed to do so, evidences when accounts are closed.By using ReFi™, lenders can accept customers who have passed creditworthiness, income sufficiency and stability checks, who would otherwise have been declined for falling short on affordability calculations. By gaining certainty that a new loan will be used to pay off legacy debts, lenders can be assured that the customer’s new budget is affordable for them. As well as heightening the probability of positive outcomes, lenders can offer customers price incentives, reducing the likelihood of fraudulent activity, and build brand advocacy from new customers who they help to realise the opportunities access to affordable credit brings.For the customer, ReFi™ enables customers to access products which empower them to pursue their financial objectives. Unlike the traditional route to loans, ReFi™ surfaces offers that the customer would otherwise not see due to their extant debts. By securing a True Debt Consolidation loan through ReFi™, customers are able to save money in interest, consolidate multiple bills into a single monthly repayment on a date which best suits them, and relieve financial pressure on their household by receiving the money into their account within a matter of days.In coining the term ReFi™, Paylink’s goal is to destigmatise debt and instead encourage customers to embrace their true expenses by actively exploring opportunities to secure a budget that works for them, by refinancing. The aim is to replicate positive consumer trends, messaging, and mindsets from the US where budgeting and product switching are more engrained in consumer psyche.CEO of Paylink Solutions, Jake Ranson said: “Access to credit matters greatly

Fintech News
Sep 25th, 2023
Coincover elevates growth trajectory with strategic hire of Chief Commercial Officer

Ridhima Durham joins Coincover from Salary Finance, where she spent four years as Chief Commercial Officer.

Open Banking Expo
Apr 6th, 2023
FinFit merges with Salary Finance US to form ‘America’s pre-eminent financial wellness platform’ | Open Banking Expo

FinFit has merged with Salary Finance US to create “the most comprehensive workplace financial wellness platform in the US”.

MA Navigator
Apr 6th, 2023
M & A Navigator

US-based financial wellness services provider FinFit has merged with US-based financial wellness platform Salary Finance to support the financial needs of working Americans with an enhanced workplace financial wellness platform, the company said.

EU-Startups
Feb 6th, 2023
Talent Watch: European Startups Making New Hires And The Companies With Layoffs

2023 is now well and truly underway. As January closes and we move into February, we’re taking a look back at what happened this month across Europe’s startup ecosystem. . One of the hottest topics of the month has been, sadly, about who’s firing and making big layoffs. It seems few tech companies have been immune, with giants of the industry making massive job cuts right around the world. It’s a phenomenon that has left some wondering if this is the beginning of the end for the tech boom. European unicorns have also been struggling, with many moving to consolidate, and become more streamlined in order to preserve resources

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