WealthfrontWE

Principal Product Manager

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: 200k-230k USD

United States only
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Wealthfront is looking for a Principal Product Manager to own the roadmap for some of our most important product initiatives! Wealthfront pioneered automated index investing by offering broad access to sophisticated investing strategies at a fraction of the cost of traditional financial advisers. Since then, we’ve continued to expand the ways we help our clients build long-term wealth through saving and investing with products like our Cash Account, a high-yield, FDIC-insured account that has amassed more than $20B in assets, our Automated Bond Portfolio, and our Stock Investing Account. Our vision to make it delightfully easy for our clients to grow their wealth in any market condition - we’re just getting started.
Your work will span improvements to existing products and the exploration of potential new “0 to 1” product opportunities. You will collaborate with Engineering, Design, Marketing, Data Science, Research, Operations, and Compliance to craft high quality consumer experiences and strong go to market plans that result in successful products. You’ll use quantitative and qualitative research to drive high quality product decision-making.
Success in this role will require strong strategic thinking skills, exceptional judgment, analytical rigor, and executional excellence. You should be comfortable with ambiguity and highly complex product decisions with constantly changing assumptions. You’re exceptional at framing problems and tradeoff decisions to drive alignment and well-informed decision-making. A passion for investing or experience building consumer financial technology products is highly desirable.
This is a unique opportunity to be at the center of charting the next generation of technology innovation in investing products. If this gets you excited, we want to hear from you!

You:

  • 6+ years of Product Management experience in a consumer software company; experience in building financial technology products is a plus.
  • Demonstrated track record of high-quality decision-making. You’re first and foremost an exceptional product thinker.
  • Excellent communication and presentation skills with an ability to quickly command trust and drive alignment with cross-functional partners and executives.
  • Strong product sense. You’re passionate about building delightful product experiences.
  • Analytical mindset with a data-driven approach to problem solving and decision-making.
  • Entrepreneurial and creative attitude. “Yes and” is one of your favorite phrases.
  • Experience working with complex or highly regulated products, especially those that depend on external partners to deliver the desired features.

Responsibilities:

  • Use customer and business insights to frame the most important problems and opportunities, and rally the team around developing the best ways to address them.
  • Define the product priorities and short, medium, and long-term roadmap. Use data and good judgment to drive alignment around tradeoff decisions.
  • Deliver the roadmap through agile sprint cycles, working with them to drive high-quality, customer and data-backed product decisions.
  • Define success metrics and consistently measure the impact of the team’s work.
  • Work cross-functionally to take new products and features to market in a way that maximizes their success.
Estimated annual salary range: $200,000 - $230,000 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

Jun 14, 2024

Posted on

Apr 15, 2024

Job type

Full Time

Experience level

Director
Executive

Salary

Salary: 200k-230k 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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