Soma Capital Portfolio Jobs

Product Owner



Posted on Saturday, July 29, 2023
Flex is building a finance super app for business owners — reimagining every single aspect of the financial workflow and financial services for any entrepreneur. The company is growing 35% MoM and is on track to achieve cash flow positive by early 2024. Flex is focused on the long tail of the market, especially undigitized industries like construction and logistics, with >$1.2T in card spend annually still up for grabs. 90% of its customers come from incumbents like BofA and AmEx.
Flex is a fully remote company and this role can be performed from anywhere.
The Role
We are looking for product owners who are excited to be part of our early story and help us build a diverse and vibrant company. You will have the opportunity to learn and drive the creation of financial products and experiences to help our customers reach their full potential. You should have a strong sense of ownership and enjoy taking projects from inception to release. As an early employee, you’ll be working with a nimble team of committed and talented employees and having a large, long-term impact on Flexbase products and culture.
We are open to candidates from Canada, Mexico, the United States, and Colombia.

What you'll do

  • Drive the enhancement of financial services and products, including mobile apps, online account management tools, and virtual payment solutions. Continuously improve the user experience and add features to meet changing customer needs.
  • Collaborate with internal stakeholders to identify opportunities within the organization's operational processes. Develop internal financial solutions, such as automated reporting tools, data analytics platforms, and workflow optimization systems, to increase efficiency and streamline operations.
  • Work closely with compliance and legal to ensure that all products adhere to relevant financial regulations and industry standards. Mitigate potential risks through robust product design and implementation. Stay up-to-date with changes in industry regulations and security protocols.
  • Conduct user research and market analysis to understand customer preferences, pain points, and emerging trends. Utilize these insights to inform product development decisions.
  • Partner with engineering throughout the development lifecycle. Provide clear and detailed product requirements, prioritize features, and ensure the timely delivery of high-quality solutions. Implement necessary measures to safeguard customer data and ensure compliance with relevant laws.
  • Utilize data analytics and performance metrics to assess product performance, identify areas for improvement, and make data-driven decisions to optimize products.
  • Work closely with customer support teams to address customer inquiries, feedback, and issues related to products. Continuously strive to improve customer satisfaction and retention.
  • Develop and communicate a clear product roadmap and strategy. Align the product vision with the Flexbase's overall objectives.
  • Ideally you have background on personal or business accounting or spending tools, integrations with accounting tools.

What you'll need

  • Proven experience as a Product Owner or similar role at a startup with a focus on financial products.
  • Solid knowledge of credit risk assessment, lending processes, and banking operations.
  • Familiarity with compliance standards, regulations, and security protocols relevant to the credit and banking sectors.
  • Excellent communication, collaboration, and stakeholder management skills.
  • Analytical mindset with the ability to leverage data and market insights to inform product decisions.
  • Proficiency in using product management tools and platforms to manage the product backlog and track progress.
  • Passion for innovation, customer-centricity, and continuous improvement in product development.