WealthfrontWE

Principal Product Designer, Investing

We're on a mission to build a financial system that favors people, not institutions. We’re building a financial services company so you can design the life you want and make it happen.

Wealthfront

Employee count: 201-500

Salary: 235k-275k USD

United States only
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About the role

Wealthfront is looking for a principal product designer to chart the future vision for our investing product. Wealthfront pioneered automated investing by offering broad access to sophisticated investing strategies at a fraction of the cost of traditional financial advisers. But that was only the beginning of a much broader vision for how our investing product can serve our mission to build a financial system that favors people over institutions. Since then, we’ve continued to expand the ways we help our clients build long-term wealth through saving and investing. Your role will be to work alongside the cross-functional leadership on the Investing team to develop and execute the strategic vision for how this new ecosystem of products works together. You’ll leverage quantitative and qualitative research to inform your strategy, lead collaboration and vision sprints to help build a shared view of where we can go, and set the tone for our quality bar across the product.
Success in this role will require strong communication skills, strategic thinking, vision facilitation, a high bar for craft, and executional excellence. We’re looking for a design leader who is equally excited to tackle large ambiguous problems to craft a new vision as they are to get in the weeds helping us build an excellent product experience. A passion for investing or experience building consumer financial technology products is highly desirable.

Design at Wealthfront

Unlike many companies where designers are trained to make incremental changes and work through a chain of hierarchy to advocate for bold new ideas, designers at Wealthfront are expected to be innovative, creative and strategic, because design is critical to realizing our vision. Designers are expected to define problems, new opportunities and solutions that are deeply rooted in human psychology and behavior as well as a sound understanding of our technology and business, all in very tight collaboration with engineers, product managers, researchers and data scientists. In an environment where we’re making big bets, and innovation is encouraged, we embrace failure and care much more about the magnitude of success versus percentage of times we are successful. And unlike many organizations, design is an equal partner to engineering and product and plays an important role in the executive staff that collectively make all critical strategic decisions.
We’re a remote friendly team and open to candidates in the US.

About You

  • 10+ years of product design experience in a consumer software company; experience in building financial technology products is a plus.
  • Willing to get into the details to drive high-quality decision-making. You’re first and foremost an exceptional product thinker who takes a deep interest in understanding the business.
  • Deep knowledge of user experience methods, innovation, ideation, storytelling, prototyping, design frameworks, concept visualization, problem-framing skills and design principles.
  • Proven track record setting a vision for great customer experiences, inspiring others to get behind a vision, translating a vision into a prioritized roadmap, and ultimately delivering high quality experiences to bring the team’s vision to customers. .
  • Utilizes excellent communication, facilitation, and interpersonal skills to build positive relationships across teams/groups/functions to deliver great results and consistently "raise the bar"
  • Demonstrated ability to plan, manage, and drive projects from beginning to end
  • Deep curiosity and interest about fintech

Mindset that excels at Wealthfront

  • Someone who embraces complexity, loves engaging in intellectually rigorous discussions, critically evaluates trade-off, both from a customer and business perspective
  • Someone who turns ambiguity into clarity and navigates the organization to drive alignment
  • Someone who consistently thinks about the company and team first and has the resilience to work tough situations, steps up and leads the team
  • Someone who goes above and beyond to make others around them successful
  • Someone who is enterprising and also demonstrates high agency. You don’t wait for change but instead move with urgency and come to the table with proposals on how to improve
  • Someone who deeply cares about learning and growing with the company
Estimated annual salary range: $235,000 - $275,000 USD plus equity and a discretionary bonus.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!

About Wealthfront

Wealthfront started with the ambition to transform the investment advisory business, with the goal to unlock access to high quality investment advice for millions who were underserved by the traditional institutions. We built one of the first automated investment products that allows you to invest in a personalized portfolio of thousands of companies in seconds for a remarkably low fee. We then expanded. We now work with partner banks to offer exceptional banking features through a Wealthfront Brokerage Cash Account, which makes it remarkably easy for people to automate their finances end-to-end and eliminated the hassle of money management, all of which resulted in attracting more than $50 billion of our client’s hard earned money, pioneering the robo-advisor category and transforming the broader industry. And yet, we have a long way to go to achieve our mission to build a financial system that favors people, not institutions.
Wealthfront’s vision is to make it delightfully easy to build long-term wealth on your own terms. This vision is more relevant than ever because millions more people are getting into the market early and investing their hard earned savings in a handful of stocks. While this is a great way to start, it is inconsistent with building long-term wealth. We want to empower young investors to expand their horizon, and easily explore and execute on a wider range of investing strategies, make informed investment decisions that are consistent with their values and beliefs while also making it effortless to grow and compound their savings exponentially in a way that’s transformational to their lives and their long-term future.
For more information please visit www.wealthfront.com.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review ourcandidate privacy notice.

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About the job

Apply before

May 13, 2024

Posted on

Mar 14, 2024

Job type

Full Time

Experience level

Senior

Salary

Salary: 235k-275k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Wealthfront

Learn more about Wealthfront and their company culture.

View company profile

We make it delightfully easy to build wealth. Which isn’t usually the case. Because other companies aren’t looking out for you, long-term.

If you try to do things yourself, you’re never sure if you’re making the right decisions.

If you use advisors, you’re never sure whether they’re making the best decisions for you... or for themselves.

Wealthfront levels the playing field. Because everyone deserves an equal chance to succeed.

Here’s how it all started. Meet Andy.

After a successful career as the co-founder of VC firm Benchmark Capital, Wealthfront co-founder Andy Rachleff kicked back into a relaxed retirement*.

Teaching technology entrepreneurship courses at Stanford Graduate School of Business.

Partnering with his wife and the Damon Runyon Cancer Research Foundation to fund novel cancer research projects.

Sitting on the University of Pennsylvania Board of Trustees, his alma mater, where he was Vice Chairman of the university’s endowment investment committee.

At Stanford, entrepreneurs and students alike came to him for investing advice. But he often couldn’t recommend the services he used because the minimums were too high — especially for students.

He saw a need to democratize access to sophisticated investment products.

Meanwhile at U Penn, Andy found that even the best-managed endowments in the world relied on spreadsheets, outdated tools, and manual calculations. It turned out that even high-end investors needed an upgrade.

Andy’s tech expertise led to a breakthrough notion:

Software could make investing easier and better for more people.

Meet Dan Carroll.

Around this time, Dan Carroll was visiting his parents outside Chicago. They’d been hit hard by the financial crisis of 2008, and Dan, a former trader, was helping them assess the damage. He opened a statement from their financial advisor and was horrified.

He knew the deal — financial advisors make 90% of their revenue from the top 20% of their clients.

People like his parents didn’t get the attention they deserved — that they paid for.

It was clear to him most people didn’t have access to good financial advice.

And he decided to do something about it.

So he started tinkering with a few solutions. He eventually built a prototype that got some traction, and even got the attention of a lecturer at Stanford.

That’s when Andy called Dan.

But no, this isn’t the point in the story when Wealthfront was born. Dan thought VCs were [bleep], so he didn’t call back. He wasn’t about to sell out.

He was on a mission to do good.

Andy persisted, however, and eventually tracked Dan down. He explained that he’d already had a wildly successful career, so he wasn’t in it for greed. He simply wanted more people to have the same investing advantages that he had.

The two realized they not only shared a mission — to help democratize access to sophisticated financial advice — they agreed that software could unlock great investing for everyone. So they gathered some of the best technical minds they knew.

That was the day Wealthfront was formed.

Employee benefits

Learn about the employee benefits and perks provided at Wealthfront.

View benefits

Discretionary time off policy

We work hard, but we rejuvenate too.

Retirement benefits

401(k) to help you invest in your future.

Equity benefits

Equity, so you are rewarded for your best work.

Paid parental leave

We offer 16 weeks of paid parental leave (both parents).

View Wealthfront's employee benefits
Claim this profileWealthfront logoWE

Wealthfront

Company size

201-500

Founded in

2008

Chief executive officer

David Fortunato

Employees live in

View company profileVisit wealthfront.com

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