WHO ARE WE?
There are over 30M small businesses in the United States, but only a tiny fraction of them have a workplace savings program in place. As the savings gap in the country widens, it’s imperative that every worker has access to and participates in their company’s savings program, such as a 401(k) or 403(b). We believe that American workers should have easy access to an inexpensive, flexible, and intuitive solution to save for a brighter future.
Unfortunately, prior to Vestwell, small businesses have been neglected and underserved, with expensive, inflexible, poorly designed offerings built on old, mainframe software. Vestwell is changing that, starting with rebuilding the core infrastructure for the modern era.
Vestwell’s north star is to be the engine behind a $30T industry, powering all payroll-deducted workplace savings programs for small-to-midsize businesses, such as 401(k), 403(b), IRA, emergency savings accounts (ESA), health savings accounts (HSA), 529 college savings, and alike.
Vestwell’s focus is to build the most flexible, powerful workplace savings and investment platform, delivered through the hands and minds of their financial services partners with the help of payroll provider partners. The team at Vestwell makes the hard stuff look easy, by combining the expertise of financial advice with the sophistication of a technology provider.
As a result, workplace providers are able to bestow the advice and solution employers and employees have been asking for, while growing and scaling along the way. Employers get a cost-effective solution designed for their needs without all the headaches, and employees get a user-friendly portal that helps them achieve their long-term saving goals.
WHY VESTWELL?
With backing from leading FinTech investors, as well as a growing team of dedicated professionals of strong industry pedigree, Vestwell is at the forefront of a much-needed change in a 40-year old industry. Our team believes in the mission we’ve set out to achieve and we are working hard to get there. We’re ambitious, honest, thoughtful, and fun.
Who are we looking for?
We’re looking for an individual that can lead efforts to bring a blend of marketing / sales expertise, operational order, efficiency, and scalability to Vestwell’s investment offerings. This position is an important part of Vestwell’s ability to achieve our service and revenue growth goals for the next three years, spanning across our existing products and any new products we bring to market.
The ideal candidate can call upon project management & strategic thinking fundamentals to break down the silos of Vestwell, our vendors, and counter parties to ensure the Vestwell programs run smoothly, new programs are onboarded effectively and Vestwell is positioned to offer a best in bread portfolio of investment options. You would thrive in this role as a structured problem solver who can quickly get to the heart of an issue, excels in systems thinking, and is scrappy, determined, logical, and analytical. You must have the interpersonal skills, tenacity, and common sense to be an agent of change. In this role, you will be given significant agency to devise a strategy and approach for achieving our goals, requiring you to exercise good judgment, independently build consensus across several stakeholders, and succeed or fail by your ability to drive results. The position is expected to lead to a senior managerial role.
This role is best suited for a person who is highly interested in product refinement, evolution and execution.
Day-to-day, in this job you will:
- Think about predecessor and successor events to solve problems and ensure the delivery of our product and services operates like clockwork – you must be an end-to-end thinker
- Own and manage the function’s P&L
- Support the business development teams in responding to prospective client inquiries about our ability to support their investment goals – while maintaining our operational efficiency and ensuring regulatory compliance
- Clearly synthesize the investment process across many complex relationships, able to clearly distill processes to junior staff so they can do their jobs effectively (both on-boarding and on-going plan servicing) as well as inform senior management, operations team and risk committee of the investment portfolio state of affairs
- Lead virtual cross functional teams to gather facts, align on a path forward, and implement solutions
- Be the primary contact for our current sub-advisor and a resource for our enterprise clients
Your experience will include:
- You have 10-15 years of experience within the technology and Financial Services sectors
- You are comfortable with ambiguity and are a continuous learner
- Direct P&L management
- Experience making presentations to senior staff of prospective clients
- Experience working with senior managers to determine strategic direction as well as developing tactical steps required to achieve goals
- A collaborative mindset and interest in working with other deep thinkers
- Have a genuine interest in financial products
- Willing to go the extra mile for our clients (both internal and external)
- You’re comfortable doing very tactical work. Everyone on the team helps to contribute at multiple levels.
The expected minimum base salary range for this position is $185K + on-target earnings. This position is eligible to participate in the Company Bonus Pool and is eligible to receive new hire equity in the Company. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired.
OUR BENEFITS
We’re a growth stage startup with lots of exciting milestones ahead. We value health and wellness at Vestwell and in addition to a dedicated Employee Wellbeing Committee, we offer competitive health coverage and an open vacation policy. We have adopted a remote-hybrid office policy, but all employees are welcome at our bright, comfortable office with many workspace options in midtown Manhattan so everyone has a setting that is the most productive for them. We provide our team with all the equipment they need (plus a few perks!) to work effectively remotely. Oh, and naturally we have a great 401(k) plan!
OUR PROCESS
It starts the same for every candidate: getting to know the team members through 1 - 2 conversations about Vestwell, your experience, and your interests. Next steps can vary by role, but the usual next steps are a skill or experience screen (e.g. a coding interview for an Engineer, a portfolio review for a Designer, deeper experience call for other roles) which leads to a virtual or in-person interview panel after that if the screens go well. Before making an offer, our interview process concludes with a references check stage for your recruiter to meet with a current or former supervisor and peer. We prioritize transparency and lack of surprise throughout the process.
For your awareness you will only receive correspondence from [email protected] any other domain not ending in Vestwell.com is not our Recruitment team.
Vestwell’s Privacy Policy. Attention California residents: In the course of conducting our business and complying with federal, state, and local government regulations governing such matters as employment, tax, insurance, etc., we must collect Personal Information from you. Should you accept employment with Vestwell you may view our California Privacy Rights Act here: Vestwell’s California Privacy Rights Policy.
