Full-Time

Product Manager

Confirmed live in the last 24 hours

Acorns

Acorns

501-1,000 employees

Micro-investing platform for everyday users

Compensation Overview

$150k - $170kAnnually

+ Sign-on Bonus + Equity Grants + Discretionary Cash Bonus Awards

Mid

Remote in USA

Remote position with optional access to office spaces in Irvine, CA.

Category
Product Management
Product
Required Skills
Product Management
Data Analysis
Requirements
  • 3+ years of experience in a consumer-facing product management role
  • Ability to drive outcomes through influence and navigate ambiguity, and complexity in a structured and organized manner
  • Strong knowledge of the product development process, previous experience shipping and iterating on successful products
  • A customer-first mindset combined with the awareness to acknowledge when you don’t have all the answers
  • Strong communication, collaboration, and prioritization skills
  • Excellent problem-solving and decision-making skills with the ability to balance tradeoffs and deliver quickly without sacrificing quality
  • Hunger to deliver game-changing products
  • Exceptional drive and precision in delivery
  • A belief that your work is tied to your life's mission
  • Optimistic about the potential of societal change
Responsibilities
  • Become familiar with our product development goals, processes, strategy, and vision at Acorns
  • Build strong relationships with engineering, design, analytics, research, and third-party partners, ensuring alignment and clear understanding of our vision, products, and progress across all teams
  • Dive into customer research, analysis, and designs to understand our current and forthcoming offerings
  • Manage the backlog and day-to-day sprint-level needs of the engineering team and product team leaders
  • Collaborate with Engineering, Design, Compliance, Legal, and Marketing to drive product initiatives to completion
  • Draft and refine Product Requirements Documents (PRDs), define success metrics and outline use cases for new initiatives. Oversee projects from concept to launch, analyze their performance, and iterate continuously to achieve optimal outcomes
  • Develop strategies to improve retention, create innovative product ideas, enhance existing offerings, and deliver timely results on current initiatives
  • Leverage data and instincts to shape product vision, define key success metrics, drive innovation, and plan roadmaps for new products and features that align with team and company objectives
Desired Qualifications
  • Passion for Acorns' mission, vision, and values

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main product is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational resources to help users make informed financial decisions. Unlike many competitors, Acorns operates on a subscription model, charging users a monthly fee based on the level of service. The company also partners with brands to provide cashback rewards that are automatically invested into users' accounts. Acorns aims to make investing easy and accessible, helping clients grow their financial knowledge and wealth.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Irvine, California

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Acorns plans to go public, potentially increasing its market presence and resources.
  • The Mighty Oak Debit Card launch with Dwayne Johnson boosts brand visibility.
  • Collaboration with Google Wallet targets younger demographics, enhancing long-term customer retention.

What critics are saying

  • Increased competition from neobanks could erode Acorns' market share.
  • Rising BNPL services among Gen Z may divert funds from Acorns' platform.
  • Unpredictable IPO market could impact Acorns' public offering plans.

What makes Acorns unique

  • Acorns offers micro-investing by rounding up purchases to invest spare change.
  • Partnerships with Vanguard and BlackRock provide access to diversified ETF portfolios.
  • Acorns' subscription model includes financial education and cashback rewards for users.

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Benefits

Healthcare

401(k)

Equity

Competitive Compensation

Flexible Paid Time Off

Learning & Development

Wellness

Flexible Work Hours

Quarterly Team Outings

Personal Development Plans

Annual Compensation Reviews

Recognition

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-5%
FF News
Dec 11th, 2024
Gen Z Will Reach Record-High Usage Of Buy Now, Pay Later (Bnpl) Services This December, According To New Report

An anonymous data analysis of US social finance app Frich’s community of 700k+ Gen Z’ers reveals that the second week of December sees the highest use of buy now, pay later services such as Klarna. BNPL spending next week is expected to rise beyond last year’s mid-December spike, as Gen Z heads into Christmas with higher debt levels compared to 2023. The analysis also reveals that Gen Z are feeling more stressed about holiday shopping, with a significant increase in their usage of BNPL services and credit cards compared to last year. ‘Klarna Week’Frich’s modelling predicts that based on last year’s patterns and a significant uplift in BNPL spending in 2024, Gen Z is expected to hit record-high BNPL usage during ‘Klarna Week,’ starting December 9th

Securities.io
Nov 13th, 2024
Investing In Acorns Stock | How To Buy Pre-Ipo Shares

Acorns operates as a digital financial service provider. The network combines various features to enable anyone to save and invest funds using a smartphone app. The app's simplistic and easy-to-use design, coupled with its automated saving and investment features, has made Acorns a leading provider of automated financial services. As such, there is a strong demand for pre-IPO Acorns shares.In May 2021, Acorns announced plans to take the company public after merging with Pioneer Merger Corp. The merger boosted Acorns' valuation to $2.2B and increased interest in the firm's offerings. An Acorns IPO would see massive participation from investors eager to get in on the company's success

PYMNTS
Aug 9th, 2024
Google Wallet And Acorns Launch Payment Solution Designed For Kids

Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered to provide this tool to help parents teach their kids how to manage money and spend it safely and responsibly, according to a Wednesday (Aug. 7) press release. In this collaboration, GoHenry by Acorns, a debit card and financial education app designed kids between the ages of 6 and 18, will be integrated by Google Wallet into the Fitbit Ace LTE, a smartwatch designed for kids between the ages of 7 and 12, according to the release. GoHenry will be featured as a card issuer within the device wallet

PYMNTS
Jul 15th, 2024
Finance Platform Onestream Aims To Raise $465.5 Million In Ipo

OneStream is attempting to raise $465.5 million in an initial public offering (IPO).The cloud-based enterprise finance platform revealed its plans in a filing with the Securities and Exchange Commission Monday (July 15). OneStream and its shareholders — including investment group KKR — are offering 24.5 million shares for $17 to $19 each.Based in Michigan, OneStream provides solutions for finance chiefs in a variety of industries, including financial services, healthcare and higher education, offering services in the financial planning and accounting arenas.The listing is happening amid a period of recovery for the IPO market in the United States after a long fallow stretch, Bloomberg reported Monday. IPOs on the U.S. markets raised more than $21 billion during the first six months of the year, close to 70% above the same period last year.Companies exploring IPOs include the investing and checking accounts app Acorns which expects to go public, possibly in the next couple of years.“That is likely something we will do in the future,” Acorns CEO Noah Kerner said last month.The company’s app — which offers checking accounts, retirement savings and debit cards and allows users to invest in exchange-traded funds (ETFs) and custom portfolios — has nearly 6 million subscribers.Other companies have shown reluctance to go public. For example, StubHub delayed its IPO until at least September.Goldman Sachs said earlier this year that 2024 could mark a recovery for the IPO market, with its IPO Issuance Barometer reaching its highest level in two years at that time.“We expect the U.S. economy will continue to grow, the nominal two-year UST yield will decline modestly, and valuations will remain elevated relative to history,” Goldman Sachs strategists wrote in February

PYMNTS
Jul 12th, 2024
Report: Stubhub Delays Ipo Amid Unpredictable Market

StubHub has reportedly delayed its initial public offering (IPO) until at least September, joining several other companies that have done so because of an unpredictable market. Before adjusting its timing, the company had filed confidentially with the Securities and Exchange Commission (SEC) and planned to make the paperwork public this week, the Wall Street Journal (WSJ) reported Friday (July 12). The situation is fluid and StubHub could push the IPO date further into the future, the report said