[Remote] Senior Product Manager – Managed Accounts at Empower

San Antonio, Texas, United States

Empower Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

  • Bachelor’s degree in a related field (or equivalent experience)
  • 7+ years of product management or product owner experience in the retirement, wealth management, or investment industry
  • Strong understanding of managed accounts, digital advice, and participant experience drivers
  • Applicants must be authorized to work for any employer in the U.S. (no sponsorship available)
  • What will set you apart
  • Ability to think strategically while driving tactical execution
  • Proven experience balancing competing priorities and aligning initiatives with long-term business objectives
  • Strong communication and collaboration skills across technical and non-technical teams
  • Advanced proficiency in Microsoft PowerPoint and Excel
  • Experience managing multiple initiatives in a fast-paced environment

Responsibilities

  • Define and maintain the managed accounts product vision in alignment with business objectives and participant needs
  • Identify, assess, and prioritize initiatives that may include savings and drawdown advice, investment methodology, participant experience and other focus areas
  • Translate strategic opportunities into actionable requirements and deliverables for cross-functional partners
  • Develop deep partnerships across the organization to ensure alignment on market need, value delivery, and deployment of relevant products
  • Collaborate with Legal, Compliance, Marketing, and Operations to deliver compliant, effective, and scalable solutions
  • Monitor initiative performance and leverage data, insights, and participant feedback to inform strategy and continuous improvement
  • Support adoption strategies for managed accounts through demos, presentations, and engagement with clients and internal partners
  • Report on initiative status, performance, and outcomes to senior leadership

Skills

Key technologies and capabilities for this role

Product ManagementProduct StrategyProduct VisionPrioritizationCross-functional CollaborationStakeholder ManagementData AnalysisParticipant InsightsComplianceAdoption StrategiesFinancial Products

Questions & Answers

Common questions about this position

What experience is required for the Senior Product Manager role?

A Bachelor’s degree in a related field (or equivalent experience) and 7+ years of product management or product owner experience in the retirement, wealth management, or investment industry are required, along with a strong understanding of managed accounts, digital advice, and participant experience drivers.

What is the work arrangement or location policy for this position?

The company offers a flexible work environment, but specific details on remote work or office requirements are not provided.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Empower?

Empower emphasizes a flexible work environment, fluid career paths with encouraged internal mobility, work-life balance, well-being, and an inclusive environment where associates volunteer extensively in communities.

What will make my application stand out for this position?

Highlight your ability to think strategically while driving tactical execution, proven experience balancing competing priorities, strong communication and collaboration skills, advanced proficiency in PowerPoint and Excel, and experience managing multiple initiatives in a fast-paced environment.

Empower

Personal finance management and credit building

About Empower

Empower.me provides personal finance management and credit building services through a subscription model. Users can sign up for a 14-day free trial, after which they pay $8 per month for access to various financial tools. These tools include customizable payment plans, budgeting features, and credit score monitoring. A key aspect of Empower.me is its focus on helping users build credit by reporting their payments to credit bureaus, which can enhance their credit history if payments are made on time. Additionally, Empower.me offers a Thrive line of credit, which involves a soft inquiry on the user's credit report, ensuring that their credit score remains unaffected during the application process. Unlike many competitors, Empower.me specifically targets individuals with no minimum credit score, aiming to improve their financial health and savings.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$96.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Generous equity package
Full healthcare benefits
Unlimited PTO
Technology expense reimbursement
Work from anywhere

Risks

Increased competition from fintech companies like Chime and Varo could impact market share.
Integration challenges from acquisitions may disrupt operations and delay strategic goals.
Regulatory scrutiny on credit services could increase compliance requirements and costs.

Differentiation

Empower offers a unique subscription-based model for financial management tools.
The company focuses on credit building by reporting payments to credit bureaus.
Empower's Thrive line of credit involves a soft inquiry, not affecting credit scores.

Upsides

Acquisition of Petal and Cashalo expands Empower's product offerings and customer base.
Increased demand for financial literacy tools among millennials and Gen Z benefits Empower.
Growing interest in alternative credit scoring aligns with Empower's mission for underserved consumers.

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