Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, Fintech, Financial ServicesIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-Time
  • Salary: (Salary not provided in the text)

Acorns is a mission-driven company focused on empowering individuals through micro-investing and financial wellness. They aim to make financial decisions simple and rewarding, building healthy financial habits and fostering a positive relationship with money. The VP of Engineering will lead a talented team, define technical strategy, and elevate engineering practices to support this mission. They will focus on building scalable, resilient, and human-centered systems, integrating AI to boost team velocity and customer support.

Requirements

  • (No specific requirements listed in the text)

Responsibilities

  • Drive AI adoption, envisioning how AI can empower engineers and enhance the customer experience.
  • Partner with stakeholders to create a co-vision for the technical strategy.
  • Lead a talented, mission-driven engineering team.
  • Develop high-quality products.
  • Strengthen the connection between product, design, data, and engineering.
  • Build systems that are scalable, resilient, and human-centered.
  • Integrate AI into all aspects of the product and engineering processes.
  • Contribute to the long-term growth and stability of the company.

Company Information

  • Company: Acorns
  • Mission: To look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro-investing.
  • Values:
    • Lead With Heart
    • Make Bold Decisions
    • Always Build Trust
    • Never Stop Growing
    • Find a way - Never settle, no excuses, nothing is impossible.
  • Work Environment: Remote-first organization with optional access to office space in Irvine, CA.

Skills

AI integration
Technical strategy
Leadership
Scalable system design
Resilient system development
Human-centered design
Cross-functional collaboration

Acorns

Micro-investing platform for everyday users

About Acorns

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main product is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational resources to help users make informed financial decisions. Unlike many competitors, Acorns operates on a subscription model, charging users a monthly fee based on the level of service. The company also partners with brands to provide cashback rewards that are automatically invested into users' accounts. Acorns aims to make investing easy and accessible, helping clients grow their financial knowledge and wealth.

Irvine, CaliforniaHeadquarters
2012Year Founded
$491.2MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Healthcare
401(k)
Equity
Competitive Compensation
Flexible Paid Time Off
Learning & Development
Wellness
Flexible Work Hours
Quarterly Team Outings
Personal Development Plans
Annual Compensation Reviews
Recognition

Risks

Increased BNPL usage among Gen Z may reduce their investment capacity with Acorns.
Unpredictable IPO market could affect Acorns' public offering plans and valuation.
Privacy concerns may hinder adoption of Acorns' payment solution for kids.

Differentiation

Acorns offers micro-investing by rounding up purchases to invest spare change.
Partnerships with Vanguard and BlackRock provide Acorns users access to diversified portfolios.
Acorns collaborates with financial experts like Suze Orman for trusted financial advice.

Upsides

Acorns plans to go public, potentially increasing its market presence and resources.
The 'great wealth transfer' could expand Acorns' user base among younger investors.
Collaboration with Google Wallet targets younger audiences, enhancing long-term customer retention.

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