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Job Offer from Rising Star Company in COVID-19 Pandemic

avatar of @harryji
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I would like to introduce Job Offer from one of recently rising stars even in corona pandemic. It shows me the recent trend of job market and what would come to our life in post-corona time.

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Company Description

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.

Job Description

In March of 2020, Square became the first major technology company to receive a bank charter from the federal government. We will use our charter to build remarkable financial services for small businesses, and to support other banking products at Square.

We are hiring for a Deposits Product Lead on our Capital team to set the strategy and drive the execution for all seller-facing deposit products in Square’s Bank. In the next one year, your focus will be building and growing a Square Savings account. Beyond that, you will lead our expansion into new deposit products.

This is a very senior individual contributor role. As our product line matures, you will have the opportunity to grow the team. You should have a love for building new products, and have a demonstrated track record of taking a product from concept stage to initial traction.

You will:

  • Work with Leadership to set our deposit strategy and take accountability for hitting the deposit targets we have set with the FDIC.
  • Work across functions to design, build, and grow a remarkable Savings product for small businesses.

Qualifications

You have:

  • At least 7 years building products as a Product Manager, Designer, Engineer, or Founder
  • Taken a brand new product to market before
  • Some experience working at a fintech or a financial company is preferred

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Recently I see some of rising industries even in corona outbreak such as Delivery, Fintech, Food chain, Stock Exchange, Business Software and Entertainment. Many of job offers come from this industries that I mentioned recently.

Technology company now started to get into financial sector with an official allowance, bank charter. This trends will be accerelated and spread even in and after corona pandemic.

This new penetration by tech company into finance may make competition severe in financial services. Conventional banks may have big challenge. But as we see in the job description, the new company could cover the hidden sector that conventional banks hasn’t covered or ignored intentionally.

For other rapidly rising industries beside Fintech, already big competition has started in the fields that I mentioned above. and opportunites are also there. Most of delivery requirements has increased in covid-19 time by the increase of online shopping and food delivery requirement. Stock index still stay in high position with extra money that most of people got from a stimulus package of government. Even young people who hasn’t experienced stock investment try to buy stock.

Source: Embracetheworld, Square, HBR Podcast

Posted Using LeoFinance