What are the responsibilities and job description for the GM / Head of Financial Services position at Instawork?
We are seeking an entrepreneurial and experienced GM / Head of Financial Services to spearhead our efforts in building financial services products for our growing base of skilled hourly professionals. This is a pivotal 0 → 1 initiative, offering the opportunity to shape a transformative product from the ground up. The ideal candidate brings a strong background in fintech, a passion for creating impactful solutions, and the ability to lead cross-functional teams in a fast-paced environment.
Who You Are
- You thrive on building something new from scratch and have a track record of 0 → 1 success in product development.
- You are passionate about financial inclusion and excited about improving the lives of hourly workers through innovative financial solutions.
- You combine visionary thinking with the practicality required to execute in a dynamic and high-growth environment.
- You are a leader who inspires cross-functional teams, fosters collaboration, and drives results.
- You possess a deep understanding of fintech ecosystems and are eager to apply your knowledge to create meaningful impact at scale.
What You’ll Do
- Lead Product Strategy: Own and define the roadmap for financial services, working closely with senior leadership to align with Instawork’s broader mission and goals.
- Build and Scale: Develop, test, and launch new financial services products tailored to the needs of hourly workers, ensuring adoption and retention.
- Cross-Functional Leadership: Collaborate with engineering, design, marketing, and operations teams to deliver a best-in-class product experience.
- Market Research: Conduct deep research into user needs, market trends, and competitive landscapes to identify opportunities for differentiation and innovation.
- Metrics and Accountability: Define and track success metrics, ensuring financial services offerings deliver measurable impact for our workers and the business.
- Partnerships: Establish and manage key relationships with financial institutions, payment processors, and other relevant partners.
- Build and Lead a High-Performing Team: Recruit, mentor, and inspire a high-performing team, fostering a culture of innovation, collaboration, and excellence to deliver on ambitious goals.
Experience
- 8 years of experience in product management, general management, or similar roles, with at least 3 years focused on fintech.
- Proven track record of leading 0 → 1 product development, ideally in a growth-stage or startup environment.
- Strong understanding of financial services, payment systems, or related domains.
- Exceptional communication skills, with the ability to influence and align diverse stakeholders.
- Demonstrated ability to work autonomously and take ownership in a fast-paced setting.
Bonus
- Experience founding or co-founding a fintech startup.
- Familiarity with the needs and challenges of hourly workers.
- MBA or advanced degree in a related field.
For CA based applicants:
- The base salary for this position is $250,000 - $280,000
- This position is eligible for equity in the form of stock options
- This position is eligible for Instawork benefits, including:
- A variety of medical, dental, and vision plans with coverage beginning on the date of hire
- Flexible paid time off
- At least 8 paid company holidays annually
- Home office stipend
- Phone stipend
- Supplemental pay on qualified leaves
- Employee health savings accounts (HSA) contribution
- Flexible spending plans
- 401K plan
- Perkspot - discount program through Lumity
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Salary : $250,000 - $280,000