Job summary
Job post source
This job is directly from Earnest
Job overview
The General Manager, Lending will lead the lending division at Earnest, focusing on enhancing customer experience and driving business growth through strategic initiatives.
Responsibilities and impact
Responsibilities include collaborating with cross-functional teams, managing P&L for lending products, and executing a multi-year vision to achieve business goals.
Compensation and benefits
The salary range for this position is $186,000—$211,000 USD, with benefits including health insurance, a 401(k) plan, and various employee perks such as a travel stipend and tuition reimbursement.
Experience and skills
Candidates should have over 10 years of experience in product management or finance, with a strong background in consumer lending and proven success in managing cross-functional teams.
Career development
Opportunities for growth include leading strategic initiatives and influencing the overall direction of the lending business.
Work environment and culture
Earnest values a culture of ownership, humility, and a growth mindset, fostering an inclusive environment for all employees.
Company information
Earnest is dedicated to making higher education accessible and affordable, providing various financial tools including private loans and refinancing options.
Team overview
The candidate will work with a cross-functional team including members from product, design, engineering, and marketing to achieve strategic goals.
Job location and travel
This role is based in the San Francisco Bay Area, requiring a hybrid schedule with 2-3 days a week in the Oakland office.
Unique job features
This position offers unique opportunities to drive key product initiatives and manage a significant P&L within a mission-driven organization.
Company overview
Earnest is a financial technology company that specializes in providing student loan refinancing and private student loans. They make money by offering competitive interest rates and flexible repayment options, which attract borrowers looking to manage their education debt more effectively. Founded in 2013, Earnest has grown by leveraging data-driven underwriting and personalized customer service to differentiate itself in the crowded fintech market. Key milestones include its acquisition by Navient in 2017, which expanded its resources and market reach.
How to land this job
Position your resume to highlight your extensive experience in product management and consumer lending, emphasizing your ability to drive growth and manage P&Ls.
Showcase your cross-functional collaboration skills, particularly in working with teams across Product, Design, Engineering, and Marketing, as these are essential for the General Manager role.
Apply through multiple channels, including Earnest's corporate site and LinkedIn, to increase your chances of being noticed for this position.
Connect with individuals in the Lending division at Earnest on LinkedIn and consider ice breakers like discussing their recent projects or expressing your enthusiasm for Earnest's mission to make education more accessible.
Optimize your resume for ATS systems by incorporating specific keywords from the job description such as 'P&L management', 'cross-functional teams', and 'data-driven decision-making' to enhance your visibility in applicant tracking systems.
Utilize Jennie Johnson's Power Apply feature to automate your application process, allowing you to focus on networking and preparing for interviews while ensuring your resume is tailored and optimized.
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