Group Product Manager, Investing

About the position

Betterment's mission is to empower people to make the most of their money so they can live better. As the Product Leader for our Investing Experience and Asset Management teams, you will shape and expand our suite of investment options for retail investors, independent RIAs, and 401(k) plans. You'll develop and enhance tools that help clients select, manage, and track their investments. This domain is central to our business, stewarding $55 billion in client assets across investment options that reflect our commitment to trust and transparency. In this player/coach role, you'll lead Product Managers and directly oversee an engineering squad, managing multiple high-impact projects while delving into technical details as needed. Working closely with engineers and cross-functional teams, you'll clear roadblocks and drive solutions through the product lifecycle. You will help create a financial services experience that builds trust and empowers our clients to make the most of their money. This role is based out of our NYC office. Below we've reflected the base salary range we would offer for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment's total compensation package for employees.

Responsibilities

• Oversee product teams responsible for our investment strategies and portfolio technology, which are fundamental to our role as a wealth manager for clients.
• Partner closely with our investing SMEs to bridge their portfolio expertise with the software that delivers those portfolios to nearly a million clients.
• Deeply understand our target clients, championing functionality that enriches their investing experience and drives business value.
• Lead the multi-year investing roadmap, identifying new investment strategies, asset classes, or account capabilities that we should offer in order to better serve our clients.
• Balance the needs of investors across all three lines of business: retail clients, advised clients, and 401(k) participants.
• Support engineering teams during standups, planning meetings, and retros.
• Develop success metrics for your product area, create tracking plans, and clearly communicate how prioritized work impacts those metrics.
• Collaborate with Operations teams to navigate complex client situations, including asset transitions and corporate action processing.

Requirements

• Deep expertise in and passion for investments and personal finance.
• Familiarity with concepts like modern portfolio theory, sharpe ratios, and risk-adjusted returns.
• Comfortable working with a range of asset classes (equities, fixed income, alts, derivatives) to deliver innovative solutions to our clients.
• Understanding of tax strategies, including tax-advantaged accounts, tax-loss harvesting, and tax-exempt investments, to improve client outcomes.
• Strong storytelling skills to distill advanced investment concepts into accessible information for partner organizations and clients.
• Creative problem-solving skills to deliver innovative functionality within regulatory and technical constraints.
• A self-starter with proven success in launching products in collaboration with a broad set of stakeholders.
• Strong analytical abilities and enthusiasm for data-driven decision-making.

Nice-to-haves

• MBA or similar preferred.

Benefits

• Competitive equity package
• Health, dental, and vision benefits
• 401(k) with employer match
• Flexible PTO policy
• Variable compensation through a discretionary company incentive bonus.