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Full-Time

Business Operations Manager

Posted on 6/18/2024

Charlie

Charlie

11-50 employees

Banking services tailored for retirees

Fintech
Financial Services

Mid, Senior

Los Angeles, CA, USA

Category
Project Management
Operations & Logistics
Business & Strategy
Required Skills
SQL
Marketing
Business Analytics
Data Analysis
Requirements
  • 3+ years of relevant work experience
  • Bachelor's degree or equivalent practical experience
  • Ability to work cross-functionally with marketing, support, business intelligence, product/engineering teams
  • Preferred: SQL, experience with data visualization tools
  • Ability to perform with a P&L mindset, create financial projections for BizOps initiatives
Responsibilities
  • Helping analyze data to identify trends, extract relevant insights, and make strategic business recommendations
  • Execute initiatives and drive programs to create and improve operating processes and reduce inefficiencies
  • Work cross-functionally with marketing/product/engineering, and fraud/risk organizations to help drive the development of Charlie’s core business
  • Leverage business acumen, industry knowledge, and data analytics skills to develop/deliver intelligence and business analytics

Charlie Financial offers banking services tailored for retirees aged 62 and older in the United States. The company allows clients to access Social Security benefits up to four weeks early and provides a competitive 3% earnings rate on deposits. With a focus on security, Charlie Financial includes advanced fraud protection and FDIC insurance coverage, while also ensuring customer support is handled by a U.S.-based team. The goal is to provide a secure and supportive banking experience that addresses the unique financial needs of retirees.

Company Stage

Series A

Total Funding

$30.5M

Headquarters

Los Angeles, California

Founded

2021

Growth & Insights
Headcount

6 month growth

12%

1 year growth

-2%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $23 million Series A funding round led by TTV Capital indicates strong investor confidence and potential for growth.
  • Nationwide launch expands Charlie Financial's reach, allowing more retirees to benefit from its specialized services.
  • The SpeedBump initiative significantly enhances fraud protection, potentially reducing financial losses for customers by up to 40%.

What critics are saying

  • The niche focus on retirees may limit market size and growth potential compared to more diversified financial institutions.
  • Increasing fraud rates targeting older Americans could strain resources and require continuous investment in advanced fraud protection technologies.

What makes Charlie unique

  • Charlie Financial uniquely targets retirees, offering early access to Social Security benefits and a competitive 3% earnings rate on deposits, unlike traditional banks.
  • The company's U.S.-based customer support team provides a personalized and efficient service experience, setting it apart from competitors who often outsource support.
  • Advanced fraud protection measures, including the SpeedBump initiative, specifically address the heightened vulnerability of older adults to financial scams.
INACTIVE