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Full-Time

VP Product Management

Asset Class

Confirmed live in the last 24 hours

DriveWealth

DriveWealth

201-500 employees

API platform for fractional equities trading

Fintech
Financial Services

Compensation Overview

$270k - $310kAnnually

Senior

No H1B Sponsorship

New York, NY, USA

Ability to work from our NYC office three days per week.

Category
Product Management
Product
Required Skills
Product Management
Data Analysis
Requirements
  • 12+ years working in product management within financial services
  • Demonstrated experience in bringing asset-class solutions to market
  • Experience with brokerage technology, including trading, account services, settlement, and clearing
  • Demonstrated experience in defining and delivering a product roadmap
  • Ability to understand complex business problems and break them down into simple solutions that focus on customer and company needs
  • Experience managing API-based products and working with external clients/partners to embed those APIs within their products
  • A proven track record of delivering high-quality, high-value solutions
  • Ability to use data and analytics to drive product strategy and decision-making
  • An open mind, flexibility around testing new approaches, and the ability to learn from failures and turn them into wins
  • Ability to work from our NYC office three days per week
  • Series 24 preferred
Responsibilities
  • Define the asset class strategy and an ambitious product roadmap to deliver value to end users while driving business outcomes for DriveWealth and our partners
  • Manage a team of product owners with functional end-to-end ownership of the equities, mutual funds, fixed income, options, margin, and wealth management solutions
  • Build a compelling vision and business case for new product offerings or enhancements to existing offerings
  • Partner effectively with your design, compliance, brokerage, operations, and engineering team to build, test, and launch products
  • Envision and explain how your product can be implemented within our partners’ investing apps and used by people to improve their financial lives
  • Deeply understand user needs by spending time with our B2B partners, analyzing data, and utilizing market and user research
  • Drive Go-To-Market planning and execution to launch your products and drive adoption and usage
  • Be the leading voice of your products with both internal and external stakeholders
  • Foster a culture of high performance, collaboration, and accountability across your team through clear expectations, performance management, prioritization, and two-way feedback
  • See around the corner for risks, obstacles, and opportunities that could amplify or impede your responsibilities

DriveWealth is a preferred employer for those passionate about the convergence of finance and technology, offering advanced fractional equities trading and embedded investing solutions. The company's use of patent-pending Fracker® technology and robust trading platforms demonstrates a strong commitment to technical excellence and industry leadership in financial technologies. Their environment fosters continuous innovation and provides institutional-grade brokerage capabilities, making it an ideal workplace for forward-thinking professionals.

Company Stage

Series D

Total Funding

$576.7M

Headquarters

Jersey City, New Jersey

Founded

2012

Growth & Insights
Headcount

6 month growth

3%

1 year growth

2%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • DriveWealth's recent executive hires from Morgan Stanley bring deep industry expertise, potentially accelerating product innovation and market expansion.
  • The partnership with Papara opens up a significant market in Turkey, potentially driving substantial user growth and revenue.
  • The company's ability to offer fractional shares with low minimums can attract a younger, tech-savvy demographic, fostering long-term customer loyalty.

What critics are saying

  • The rapid expansion and multiple new executive hires could lead to integration challenges and strategic misalignment.
  • DriveWealth's reliance on partnerships for market access means any disruption in these relationships could significantly impact its business.

What makes DriveWealth unique

  • DriveWealth's Brokerage-as-a-Service model allows partners like Papara to offer fractional investing, making it accessible to a broader audience.
  • The company's focus on real-time market data and low minimum investments democratizes access to U.S. equities for international retail investors.
  • Strategic partnerships, such as with Blue Ocean Technologies, extend DriveWealth's trading capabilities to a 24-hour cycle, setting it apart from traditional brokerage firms.

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Benefits

Insurance – Medical, Dental, Vision, Life, LTD & STD. HSA and FSA options.

Unlimited PTO

401k plan

Flexible working hours and work from home

Continuing education and conferences reimbursement

Fitness/Wellbeing reimbursement

Home Office stipend

Lunch program, snacks and beverages available in the office