Full-Time

Operations Associate

Posted on 3/18/2025

Betterment

Betterment

501-1,000 employees

E-commerce platform for branded lifestyle products

Compensation Overview

$65k - $75k/yr

Entry, Junior

New York, NY, USA

In-office attendance required Tuesday through Thursday, weekly.

Category
Generalist Operations
Quality Control & Compliance
Operations & Logistics
Required Skills
Zendesk
Risk Management
Asana
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Prior experience at a financial institution, preferably in operations, finance, investing, corporate actions, or business administration
  • Proficiency in Excel/Google Sheets, with experience in data analysis and reconciliation
  • Detail-oriented mindset and excellent organizational skills
  • Ability to learn quickly and problem solve on the fly with little guidance
  • Good intuition and ability to assess unclear situations with limited information, with an eye to always doing what’s best for our customers
  • Strong, concise written and verbal communication skills
Responsibilities
  • Collaborate with Customer Experience and adjacent Operations teams to address inquiries involving account transfers, risk management, and onboarding for higher touch account types, such as LLCs, Trusts, and Estates.
  • Interact directly with customers to resolve high-touch cases requiring expert knowledge of how money moves into and throughout the Betterment system.
  • Partner with the Customer Experience team on operational topics to provide a unified customer experience by collaborating across Slack, Asana, and ZenDesk.
  • Drive daily financial operations, including processing account transactions and applications, monitoring risk across the business, fielding third-party requests, and managing data streams that directly support the Betterment platform.
  • Identify and suggest improvements to operational processes that make servicing customer requests, and the overall business, more efficient and scalable.
  • Troubleshoot operational issues, investigate root causes, and collaborate with the engineering team to employ fixes.
  • Interact with external partners or customers on an as-needed basis to resolve operational inquiries on accounts and processes.
  • Partner with colleagues both internally and across the organization to drive projects through to completion.

Betterment operates an online retail platform that specializes in selling branded apparel, accessories, and gifts. The company designs a variety of products, including t-shirts, hoodies, onesies, beanies, mugs, and tote bags, all aimed at promoting happiness and a positive lifestyle. Customers can purchase these items directly from Betterment's website, where products are listed at regular and sale prices, making them accessible to a wide audience. Unlike many competitors, Betterment focuses on a lifestyle theme that resonates with individuals who appreciate unique merchandise that encourages well-being. The company's goal is to attract a diverse clientele and generate revenue through direct sales while promoting its motto, "Wear Betterment. Pursue Happiness."

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$435M

Headquarters

New York City, New York

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Betterment's acquisition of Ellevest's robo-advice business expands its market reach.
  • The rise of fractional shares trading attracts younger investors to Betterment's platform.
  • Betterment's new Bitcoin and Ethereum portfolio taps into the growing cryptocurrency interest.

What critics are saying

  • Increased management fees may lead to customer dissatisfaction and attrition.
  • Integration challenges from Ellevest acquisition could affect service quality.
  • Volatility in cryptocurrency markets poses financial risks for Betterment's new portfolio.

What makes Betterment unique

  • Betterment offers a unique Tax Loss Harvesting program to offset taxes on gains.
  • The RetireGuide tool provides personalized retirement planning through online surveys.
  • Betterment's solo 401(k) is a digital solution for independent advisors and self-employed clients.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
CityBiz
Mar 4th, 2025
Betterment Advisor Solutions Launches Solo 401(k)s for Independent Advisors and Their Self-Employed Clients

Betterment Advisor Solutions (BAS), an all-in-one custodian for modern RIAs, has announced the launch of an all-digital solo 401(k) at the 2025 T3 Technology Tools for Today Advisor Conference in Dallas, designed for independent advisors and their self-employed clients.

ThinkAdvisor
Feb 27th, 2025
Betterment Launches Solo 401(k) Solution for Indie Advisors and Business Owners

Betterment launches solo 401(k) solution for indie advisors and business owners.

PSCA
Feb 26th, 2025
Betterment Acquires Robo-Advice Biz from Ellevest

Betterment acquires robo-advice biz from Ellevest.

NAPA
Feb 26th, 2025
Betterment Picks up Ellevest's Robo-Advice Business

Digital investment advisor Betterment announced Wednesday that it has acquired the automated investing business of the women-owned investing and wealth management firm Ellevest.

Arena Investor
Aug 29th, 2024
Announcement: Arena Investor Partners with Betterment

Announcement: Arena Investor partners with Betterment.

INACTIVE