Karat

Lead Product Designer (United States)

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Human Resources, SaaSIndustries

Requirements

Candidates must have 7+ years of professional product design experience with a portfolio demonstrating strategic thinking and design leadership. Proven experience driving major design initiatives with significant business impact and establishing design processes in growing organizations is required. Familiarity with leveraging AI and emerging technologies in design, including ethical considerations, is necessary. Demonstrated ability to influence product strategy and business decisions through design expertise, lead cross-functional teams, and build consensus among diverse stakeholders is essential. Advanced experience in user research methodologies and strategic research planning, along with expert-level proficiency in design tools and systems, scaling design operations, and understanding technical constraints, is expected. Proven experience mentoring and developing design talent across multiple levels, with strong communication and presentation skills for senior leadership, is also required. This position is limited to candidates residing in CT, Washington D.C., FL, GA, IL, KS, MA, MD, MO, NC, NV, OR, PA, RI, SC, TX, VA, and WA.

Responsibilities

The Lead Product Designer will drive major design initiatives that shape product direction and user experience, influencing organizational strategy and roadmap planning. They will lead and scale the design system, establishing governance, documentation, and adoption processes. Responsibilities include partnering with Product and Engineering leadership, planning and executing strategic user research to inform product and business strategy, and measuring design impact on business metrics. The role also involves mentoring and developing designers, leading design critiques, establishing feedback cultures, and leading cross-functional ideation sessions to create solutions at the intersection of design, business objectives, and technology.

Skills

Product Design
User Experience
Design Systems
User Research
Data Analysis
Mentorship
Cross-functional Collaboration
Strategic Thinking
Product Strategy
Roadmap Planning

Karat

Financial services for social media influencers

About Karat

Karat provides financial services specifically designed for social media influencers and content creators. The company offers customized credit cards that take into account the unique financial situations of influencers, who often have significant income from sponsorships and brand partnerships but may not have traditional credit histories. By using social media metrics like follower count and engagement rates to evaluate creditworthiness, Karat enables influencers to access credit products that meet their needs. Unlike traditional banks, which may overlook this niche market, Karat focuses on providing tailored financial solutions that offer liquidity and flexibility. The goal of Karat is to empower influencers to manage their finances effectively and support their business growth.

San Francisco, CaliforniaHeadquarters
2014Year Founded
$54.2MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

Generous time off
Drive impact
401k matching
Health + wellness
Flexible work environment

Risks

Increased competition from fintech startups could erode Karat's market share.
Regulatory scrutiny on non-traditional credit assessments may impact Karat's operations.
Volatility in social media algorithms can affect influencers' income stability and creditworthiness.

Differentiation

Karat offers credit solutions based on social media metrics, not traditional credit scores.
The company provides tailored financial services for influencers, a niche yet growing market.
Karat's co-founders have experience from Instagram and Goldman Sachs, enhancing industry insights.

Upsides

Karat raised $70M in 2023, indicating strong investor confidence and growth potential.
Partnerships with Visa enhance Karat's credibility and expand its financial product offerings.
The rise of micro-influencers expands Karat's potential customer base significantly.

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