Our client is a venture-backed fintech with a mission to kill predatory financial products like payday loans. Their first product gives employees instant access to their wages, which solves a major problem for real people (115 million American workers are living paycheck-to-paycheck). They are the fastest-growing startup in the category and were incubated with QED Capital, a top fintech venture fund.
Their Instant Pay app provides early wage access for employees at mid- to large-sized organizations to improve financial wellness and increase employee productivity.
With 63% of Americans living paycheck to paycheck, financial wellness tools are an important part of any employee benefits package. Our client works by giving advances on upcoming paychecks; it is not a loan and there is no interest. Employees pay a small fee for this service, which is healthier than payday loans.
Our client’s mission is to regrow financial freedom by giving people full control over their income and to put an end to predatory financial products, replacing them with on-demand pay.
ABOUT THE ROLE:
The Strategy team is part of the CEO Office, which helps craft the Company’s business vision and strategy, partnering with the executive leadership team and senior leaders throughout the Company. Joining the Corporate Strategy team will give you the chance to explore highly sophisticated problems, gain insight into the strategic issues that are forefront in the minds of the Executive Leadership Team, and build relationships with people across the entire organization.
The role is remote with a preference for individuals located or willing to relocate to Los Angeles or Miami.
SPECIFIC RESPONSIBILITIES
● Lead and steer multiple projects that identify and explore new ways to extend the Company’s presence in the industry, then lead the decision-making, execution, and investments to make those opportunities a reality
● Work closely with the CEO and President as well as multi-functional leadership to formulate long-term strategic priorities and plans related to e.g., organic and inorganic growth strategy, emerging industry trends, competitive dynamics, and internal business performance improvement
● Formulate and help communicate the Company’s global strategy to its Board of Directors, current and potential investors, and work to receive buy-in from these stakeholders
● Help establish the company’s competitive market positioning and go-to-market strategy
● Evaluate potential mergers/acquisition candidates and lead integration efforts for any potential acquisitions
● Work cross-functionally across external and internal stakeholders, partnering closely with sales & marketing, product, finance, and other teams within the organization
WORK EXPERIENCE / SKILLS REQUIREMENTS:
● Senior Associate/Engagement Manager at a consulting firm or an MBA degree from a world-class institution plus 2 years in a corporate strategy function
● Strong analytical and financial abilities to work on complex business issues with minimum supervision
● Strong leadership and communication skills to work with senior executives across various geographies
● Good working knowledge of the cloud software industry, with demonstrated ability to ramp up quickly in new areas. Fintech experience preferred
● Excellence in all areas of strategic development, including project management, business analysis, problem solving, verbal and written communication, consensus building, and people development
● Quick and resourceful learner who adapts well to a fast-moving environment and gets things done. Ability to excel in an unstructured, team environment
● Combination of creativity, problem-solving skills, and a can-do attitude to overcome obstacles
● Well-developed written, oral communication, and presentation skills