Wealthfront

Senior Product Manager, Home Lending

Palo Alto, California, United States

$170,000 – $200,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Mortgage Lending, FintechIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: $170,000 - $200,000 USD (plus equity and discretionary bonus)

Wealthfront is seeking a Senior Product Manager to support the development of our Home Lending products. Wealthfront Home Lending provides borrowers with a simple and accessible way to obtain low-rate mortgages. With historically high mortgage rates and home prices, securing a favorable mortgage deal is more critical than ever, and we’re leveraging automation to offer home loans with rates significantly below the national average. This role involves partnering with the Home Lending Product Lead and a cross-functional team to deliver features and benefits that meet client demand, including continued development of our mortgage origination platform and homebuyer preparation program. You’ll utilize quantitative and qualitative research to drive data-informed decision-making, ensuring successful product outcomes. This position requires analytical rigor and a willingness to delve into details to understand existing systems, partners, and new technological capabilities for delivering exceptional consumer experiences. A balance of execution and strategic thinking is essential.

Requirements

  • Experience: 4+ years of Product Management experience
  • Mortgage/Real Estate Experience: 2+ years of experience building mortgage- or real estate-related products
  • Product Sense: Strong product sense and a passion for building delightful product experiences
  • Analytical Skills: Analytical mindset with a data-driven approach to problem-solving and decision-making
  • Communication Skills: Excellent communication and presentation skills, with the ability to quickly build trust and drive alignment with teams, executives, and partners

Responsibilities

  • Customer & Business Insights: Use customer and business insights to identify key problems and opportunities and rally the team around effective solutions.
  • Product Prioritization & Roadmap: Define product priorities and develop roadmaps.
  • Decision Making: Use data and judgment to drive alignment around trade-off decisions.
  • Agile Development: Partner with the Home Lending Product Lead to deliver the roadmap through agile sprint cycles.
  • Success Measurement: Define success metrics and consistently measure the impact of the team’s work.
  • Cross-Functional Collaboration: Work collaboratively with various teams to successfully launch new products and features.

Company Information

About Wealthfront: Wealthfront’s mission is to create a financial system that favors people, not institutions. We achieve this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money. We started with the ambition to transform the investment advisory business by automating strategies typically reserved for the wealthy, unlocking financial opportunities for a broader audience.

Benefits

  • Medical, Vision, Dental
  • 401K Plan
  • Generous Time Off
  • Parental Leave
  • Wellness Reimbursements
  • Professional Development
  • Employee Investing Discount

Skills

Product Management
Mortgage/Real Estate
Data-Driven Decision Making
Analytical Skills
Communication
Presentation
Cross-Functional Collaboration

Wealthfront

Automated investment and wealth management services

About Wealthfront

Wealthfront provides financial services aimed at helping individuals grow their wealth through a digital platform. Its main offering is an automated investment platform that utilizes robo-advisors—algorithms that manage and invest client funds for long-term growth. This service is complemented by a high-yield cash account that offers a competitive 5.00% APY for short-term savings, provided through partner banks. Additionally, Wealthfront offers a diversified bond portfolio, allowing clients to earn dividends with tax advantages, and a platform for discovering and purchasing stocks to facilitate quick and strategic investment decisions. Unlike many traditional wealth management firms, Wealthfront focuses on automation and ease of use, making financial services accessible to a broader audience. The company's goal is to simplify wealth management and help clients maximize their financial potential.

Palo Alto, CaliforniaHeadquarters
2011Year Founded
$198.9MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Free lunches, snacks, coffee
Receive 1:1 mentorship
Caltrain pass, an additional transportation stipend, and relocation bonuses
Monthly wellness reimbursement
Discretionary time off policy and offer 16 weeks of paid parental leave
Comprehensive medical, dental and vision coverage

Risks

Increased competition from robo-advisors and traditional institutions may erode market share.
Free wire transfers could increase operational costs without boosting revenue.
Expansion into stock trading faces competition from established platforms like Robinhood.

Differentiation

Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.
The company provides a diversified bond portfolio with tax advantages and no maturity dates.
Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

Upsides

Wealthfront's cash account now offers up to $8 million in FDIC insurance.
The company has reached $50 billion in client assets, indicating strong growth.
Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

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