Senior/Principal Product Manager at Coast

New York, New York, United States

Coast Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Payments, Fleet ManagementIndustries

Requirements

  • 6-8+ years experience as a software product manager
  • Experience working day-to-day with an engineering team in an agile development framework
  • Product management experience in a complex and regulated industry such as financial services or healthcare
  • Knowledge of modern tools and methods of user research
  • Some technical background to be able to understand and help define API specifications, and preferably some basic coding ability
  • Able to work independently with little oversight or management in a fast-paced, dynamic environment with high-energy and mission-driven colleagues
  • Knowledge of the payments and/or mobility ecosystems and value chains preferred

Responsibilities

  • Discover: gather information from customers and internal Coast stakeholders to discover requirements and drive prioritization, using both quantitative and qualitative methods
  • Prioritize: ensure that the product roadmap aligns with the company’s OKRs. Define and track metrics to ensure delivery of business value
  • Ideate, Design: work with users, stakeholders, and design team to turn requirements into well-defined product features
  • Own the backlog: create detailed user stories and groom them with the engineering team
  • Manage Delivery: be deeply involved in the day to day execution of an agile development process, working with engineering to conduct estimating and planning, joining daily team standups to get insight and remove obstacles, and acting as the user proxy to perform acceptance testing

Skills

Key technologies and capabilities for this role

Product RoadmapOKRsCustomer DiscoveryQuantitative MethodsQualitative MethodsUser StoriesAgile DevelopmentSprint PlanningStakeholder ManagementAcceptance Testing

Questions & Answers

Common questions about this position

What is the salary for the Senior/Principal Product Manager role?

Salary ranges are based on paying competitively for our size and industry, and are one part of a total compensation package that also includes benefits, signing bonus, and equity. Pay decisions consider factors like scope, qualifications, experience, skillset, and internal equity.

Is this a remote position, or is there a required location?

This information is not specified in the job description.

What experience and skills are required for this product manager role?

Requirements include 6-8+ years as a software product manager, experience working day-to-day with engineering in an agile framework, product management in a complex regulated industry like financial services or healthcare, knowledge of modern user research methods, some technical background for API specifications, and ability to work independently in a fast-paced environment.

What is the company culture like at Coast?

Coast is a fast-paced, dynamic early-stage venture-backed startup with high-energy and mission-driven colleagues. The role involves working independently with little oversight.

What makes a strong candidate for this Senior/Principal Product Manager position?

Strong candidates are practical and business-minded, smart and creative, excited about early-stage startups, with 6-8+ years in software product management, agile experience, regulated industry background, user research knowledge, technical skills, and preferably payments/mobility ecosystem knowledge.

Coast

Provides smart fleet cards for fuel management

About Coast

CoastPay provides smart fleet cards designed for businesses with fleet operations, such as delivery and transportation companies. These cards help businesses manage and monitor their fuel spending by allowing them to set spending limits and restrict expenses to fuel only. This control reduces overspending and prevents fuel theft. CoastPay's cards are interchangeable and can be quickly activated or deactivated, enhancing security and convenience for businesses. The company generates revenue through service fees but also offers rebates and cashback, which can lead to significant savings for its clients. CoastPay differentiates itself by providing personalized, US-based support, making it easier for businesses to implement and manage their fleet card systems. The goal of CoastPay is to improve business efficiency and reduce costs associated with fleet management.

New York City, New YorkHeadquarters
2020Year Founded
$95.8MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Medical, dental, & vision coverage
Meaningful stock options
Flexible vacation policy
Proudly built in NYC

Risks

Increased competition from integrated solutions like FleetUp and RoadFlex.
60% of construction companies report wasteful spending and fleet card abuse.
Reliance on Visa ties Coast's success to Visa's strategic decisions.

Differentiation

Coast offers smart fleet cards with customizable spending limits for businesses.
Their platform integrates with telematics for real-time data and improved expense management.
Coast provides US-based personalized support, enhancing client experience and system management.

Upsides

Coast raised $40M in Series B funding, indicating strong investor confidence.
The company grew 10x in revenue and payment volume over 18 months.
Integration with Visa enhances Coast's credibility and market reach.

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