Principal Product Manager @ Altruist

About Altruist

Altruist is the modern custodian built exclusively for independent financial advisors that combines a self-clearing brokerage firm with intuitive software for account opening, trading, reporting, and billing — all in one streamlined solution. Financial advisors across the U.S. have partnered with Altruist to reduce costs, save time, grow their business, and provide better outcomes for their clients. Our mission is to make financial advice better, more affordable, and accessible to everyone — butwe can’t do it alone. We’re seeking exceptional talent to join our team. That’s where you come in!

If you’re passionate about challenging the status quo and making a meaningful impact in the financial advice industry, we’d love to meet you!

But first, our values

Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.

Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.

Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.

The opportunity

Altruist is in the midst of an exceptional growth phase and we’re excited to hire a Principal Product Manager to join our Money Movement team. As a core component of our business, the product you will lead is critical to our success. In this role, you’ll have the opportunity to disrupt industry norms and make a significant impact on our team and our customers!

Your impact

Own the product strategy and roadmap for our Money Movement team across platforms (Web, iOS, Android).
Lead product discovery for new Banking features such as mobile check deposits, direct deposit, and bill pay.
Modernize and digitize paper-based workflows (e.g., Check Distributions) to lower customer friction and reduce internal teams’ operational burden.
Simplify retirement account management by calculating and automating IRA contributions and Required Minimum Distributions.
Analyze key metrics (e.g., funding rates, engagement patterns, funnel drop-offs) to uncover opportunities to streamline money movement and craft a delightful user experience.
Triage production issues, identify root causes, and strengthen our platform in collaboration with Engineering to ensure reliable customer experiences.
Develop a deep understanding of our customers and industry through user interviews, market research and product analytics.
Ship minimum-loveable-products that allow us to test our hypotheses while delivering a quality customer experience.
Partner with engineering, design, marketing, customer success, operations and compliance to create innovative solutions that make it easier to access financial advice.

What you bring

Experience - 8+ years in product management with experience owning a highly visible and large product scope.
Education - Ideally looking for a B.A. / B.S. degree in relevant fields.
Technical aptitude - Demonstrated understanding of the techniques and methods of modern product discovery and product delivery.
Ownership - The pride you put into every aspect of your work is unparalleled and undeniable.
Superb communication - Intentional dialogue is a superpower. You listen as well as you share your perspective with others. You have a proven ability to engage with engineers, designers, and company leaders in a constructive and collaborative relationship.
Resilience - We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along the way.
Assurance - Your confidence is brilliant, yet ego-less. You possess a strong knowledge base, the ability to discover the unknown, and are open to differing perspectives.
Creative problem solving - Identifying the problem is simply not enough. You’re instinctually creative with your approach in finding solutions to roadblocks.

Bonus points if you bring

Familiarity with financial regulations (e.g., KYC, AML) or have managed products in a highly regulated environment.
Hands-on experience with payment rails (e.g., ACH, wires) and/or asset transfer systems (e.g., ACATS).

Los Angeles, CA salary range

$203,000—$260,000 USD

What we bring

Attracting and retaining top-tier talent is a priority. We are proud of the culture we’ve built and are cognizant of the ever-changing professional landscape. Our dynamic offering of perks and benefits are tailored for you to feel your best while doing your best.

A hybrid work schedule to promote strong, in-person collaboration and a healthy work-life-balance.
Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity. Employees get to enjoy free parking and EV charging, cold-brew and kombucha on tap, a fully stocked pantry with snacks, etc.
Competitive salary and equity packages
Premium healthcare, dental, and vision insurance plans
401k savings plan with matching contributions and immediate vesting
Flexible PTO so you can satisfy your passions outside of work
Generous paid parental leave
Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee
Physical and emotional wellness programs that nurture both your mind and body
Company perks program (includes discounts on pet insurance, fitness, cell phone plans, entertainment and travel, etc.)
Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.)

Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

Principal Product Manager

Money Movement

Altruist

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