Soma Capital Portfolio Jobs

Director, Product Management

Ramp

Ramp

Product
New York, USA
Posted on Wednesday, February 14, 2024
About Ramp

Ramp is the ultimate platform for modern finance teams. Combining corporate cards with expense management, bill payments, vendor management, accounting automation and more, Ramp's all-in-one solution is designed to save businesses time and money, and free finance teams to do the best work of their lives. Our mission is to help build healthier businesses, and it’s working: over 25,000 businesses on Ramp to save an average 5% and close their books 8x faster.

Founded in 2019, Ramp powers the fastest-growing corporate card and bill payment platform in America, and enables tens of billions of dollars in purchases each year.

Ramp's investors include Founders Fund, Stripe, Citi, Goldman Sachs, Coatue Management, D1 Capital Partners, Redpoint Ventures, General Catalyst, and Thrive Capital, as well as over 100 angel investors who were founders or executives of leading companies. The Ramp team comprises talented leaders from leading financial services and fintech companies—Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, Capital One—as well as technology companies such as Meta, Uber, Netflix, Twitter, Dropbox, and Instacart. In 2023, Ramp was named Fast Company’s #1 Most Innovative Company in North America, LinkedIn’s #1 Top Startup in the U.S., a CNBC Disruptor, and a TIME100 Most Influential Company.

About The Role

As a Director of Product Management, you will be part of the product leadership team driving Ramp to the next level. You will own our entire financial platform suite which includes payments, risk management, authentication, collections, and treasury. These services power every product for our growing customer base and move billions of dollars every year.

We’re looking for an incredible product leader who has experience leading high performing teams and consistently delivering incredible product experiences for customers. A great candidate can partner and collaborate across various internal teams, has a deep understanding of our customers and technology, and deliver financial products to streamline complex business flows via a fantastic user experience.

Please note that this Product Management role will require you to be comfortable with working in-person at our NYC HQ (located near Madison Square Park) at least 2 days/week

What You’ll Do

  • Own our entire financial platform suite which includes payments, risk management, authentication, collections, and treasury
  • Lead and inspire a team of product managers to accomplish the best work of their lives and grow every day
  • Evolve how Ramp evaluates risk using machine learning and help build the infrastructure to scale to millions of businesses in the U.S.
  • Own the vision, strategy, and processes that allow Ramp to scale the product management function at various stages of growth.
  • Lead and collaborate with cross-functional partners, including engineering, data, design, partnerships, operations, legal, marketing and sales to build, launch, distribute and service our product
  • Deliver incredible products and experiences by combining a deep understanding of business strategy with creative product strategy and technical acumen
  • Leverage data and customer feedback to constantly iterate and evolve product offerings
  • Own the product roadmap, priorities and execution across the entire financial platform

What You'll Need

  • Minimum 8 years in Product Management, with experience in building platform products and in serving both internal and external customers/stakeholders
  • Minimum 3 years of experience managing a team of Product Managers - including hiring, training, and growing direct reports to be better versions of themselves
  • Experience working in technical product management such as payment platforms
  • Experience in risk management or other highly quantitative fields
  • Experience managing software products from kick-off to ship
  • Consistent track record of leading ambitious and ambiguous 0-to-1 projects
  • Strong stakeholder management including navigating difficult situations, negotiating timelines, and influencing internal and external stakeholders across organizations and borders
  • Strong communications skills - you can summarize and express complex requirements in an accessible and precise manner
  • Fluency in data and how to make data-driven product decisions

Nice-to-Haves

  • Experience with B2B SaaS
  • Experience in high growth startups
  • Experience building complex financial products
  • Experience working on an infrastructure platform team

Compensation

  • The annual salary/OTE range for the target level for this role is $272,000-$320,000 + target equity + benefits (including medical, dental, vision, and 401(k)

Benefits (for U.S.-based full-time employees)

  • 100% medical, dental & vision insurance coverage for you
    • Partially covered for your dependents
    • One Medical annual membership
  • 401k (including employer match on contributions made while employed by Ramp)
  • Flexible PTO
  • Fertility HRA (up to $5,000 per year)
  • WFH stipend to support your home office needs
  • Wellness stipend
  • Parental Leave
  • Relocation support
  • Pet insurance