Product Manager, Square Banking Platform

San Francisco, CA, United States

Company Description

Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.

To solve this problem, we expanded into software and built integrated solutions to help sellers sell online, manage inventory, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.

Job Description

The Square Banking team creates remarkable financial products tailor-made for the self-made, by deeply understanding the challenges of running and growing a small business. We’re creating value and stickiness in the Square ecosystem by helping our sellers get quick access to their funds, save for the future, manage their expenses, and get access to fair, timely capital as their first choice lender.

As a Product Manager for Square’s Banking Platform, you report to the Banking Platform Lead PM and will be responsible for developing the core capabilities that help Banking teams ship remarkable deposit, transfer, lending and cash flow management products to our sellers in the US and internationally. These capabilities include customer onboarding, bank financial data sharing, money movement, integrations with external accounting software, whole loan sales, and more.

Your platform is a key enabler of international scale, speed to market and flexibility; and is the connective tissue between our various financial products, allowing us to ship joined up onboarding experiences, holistic cash flow visualization and insights, and improved credit underwriting. Your customers are teams building financial products within Square Banking and Block broadly; critical peers like our bank partners, and capital markets teams; and each Square Seller who entrusts their hard-earned revenue to us.

You will be responsible for driving platform initiatives from inception through execution. You’ll identify opportunities to consolidate and improve capabilities and drive adoption to help all our teams go faster. You’ll look ahead of our current state to anticipate the future needs of the Banking business and build to meet us there. In this role you will collaborate closely with peer product managers building financial products, engineers, data scientists, operations, designers, capital markets, treasury, revenue accounting, counsel and other cross-functional team members to ensure that our platform can support cash flow products that amaze and delight sellers.

You will:

Drive adoption and usage of Square’s Banking Platform

Work with product teams, underwriting data science, capital markets, accounting, risk and other teams to understand the needs of teams managing financial products

Partner closely with engineering teams to define a vision for core platform capabilities, to inform the vision with industry and technology trends

Own OKRs and build a roadmap for your platform capabilities based on the needs of future financial product launches, and our ambitions for scale and speed to market

Own key measurements (KPIs) of the platform’s adoption and performance and work to develop a measurement feedback loop into the roadmap to continuously improve

Evaluate external vendors for key capabilities and articulate a platform build/buy strategy

Influence key stakeholders throughout Block in order to align intent, resources, and prioritization

Operate cross-functionally and build strong partnerships both within Block and with external vendors to deliver excellent products and services

Foster an environment that enables the team to execute quickly while maintaining a high standard for quality

Manage the entire platform product life cycle from ideation, to planning, execution and launch

Qualifications

You have:

7+ years of experience in platform product management

Analytical skills: You have a data-driven learning style and use quantitative information to make product decisions

Technical mindset: You understand modern technologies and architectural patterns and how they can drive platform performance

Results: Proven track record delivering platform products with demonstrable contribution to business outcomes

Collaborative approach: You deliver results with cross-functional teams, and partner with and empower team members appropriately

Customer-centric: Experience shaping platform direction and execution based on developer and customer needs

Strategic: Experience developing and driving key strategies that shaped an organization

Efficiency: Excellent organization and prioritization skills

Entrepreneurial spirit: You're a self-starter with flexible skills and deep curiosity

Credit domain expertise: Experience with small business financing or other financial products

Excitement: You’re passionate about Square’s mission and new technology

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $202,500 - USD $247,500

Zone B: USD $192,400 - USD $235,200

Zone C: USD $182,300 - USD $222,800

Zone D: USD $172,200 - USD $210,400

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

Healthcare coverage (Medical, Vision and Dental insurance)

Health Savings Account and Flexible Spending Account

Retirement Plans including company match

Employee Stock Purchase Program

Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance

Paid parental and caregiving leave

Paid time off (including 12 paid holidays)

Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)

Learning and Development resources

Paid Life insurance, AD&D, and disability benefits

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC Statement

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page .

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

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