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Full-Time

Staff Product Manager

Core

Posted on 3/5/2024

EarnIn

EarnIn

201-500 employees

Provides early wage access without fees

Fintech
Financial Services

Compensation Overview

$211.5k - $258.5kAnnually

+ Equity + Benefits

Mid, Senior

Palo Alto, CA, USA

Requires hybrid work from the office 2-3 days per week.

Category
Product Management
Product
Required Skills
Communications
Marketing
Product Design
Data Analysis
Requirements
  • 4+ years of product management at a consumer technology product company
  • Strong product/design sense developed by shipping delightful and innovative products
  • Strong analytical skills in leveraging data to drive product decisions and improve metrics
  • Deep user empathy and experience building products based on user needs
  • Excellent written and verbal communication skills
  • Experience with a culture of rapid experimentation to accelerate learning and iteration
  • Ability to influence and build alignment between different teams and functions to successfully execute your roadmap and deliver against goals
  • Ability to get the job done in a highly constrained space even if that means rolling up your sleeves for your team
  • Ability to think outside the box to solve hard problems with creative and radical ideas
  • Prior fintech & payments experience is a plus
Responsibilities
  • Maintain a constant pulse on our community members to understand their needs and the problems they face in solving those needs
  • Create tight feedback loops with our community members and create a deep understanding of Product Issues and path to resolution
  • Raise the bar for design quality and user experience to make the experience of using EarnIn delightful and engaging for our community members
  • Lead a cross-functional team of engineers, designers, researchers, and data analysts to build and scale products that make the most impact on our community members
  • Define OKRs and set stretch goals for your product and team
  • Establish, monitor, and analyze metrics to track progress toward product goals
  • Leverage user research and data analysis to identify and prioritize new product opportunities for your roadmap
  • Design, develop, and execute features and experiments to rapidly iterate your way to the product’s success
  • Communicate the product vision, roadmap, and results to your product team, and stakeholders including the executive team, and community members
  • Collaborate with key stakeholders across marketing, risk, customer support, finance, and legal to ship sustainable and compliant products

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

76%
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.

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