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Job details

Head of Product

Forage is a mission-driven payments company enabling merchants to accept government benefits. They are looking for a Head of Product to lead product strategy and execution.

Skills

  • Experience in fintech or payments.
  • Understanding of the payments ecosystem.
  • Leadership and communication skills.
  • Proficiency in product management tools.

Responsibilities

  • Define and own the product vision.
  • Develop and manage a comprehensive product roadmap.
  • Engage with customers and stakeholders.
  • Ensure clear communication of product requirements to engineering teams.
  • Define and track key performance indicators (KPIs).
  • Work with legal and compliance teams.
  • Present product updates to executives.
  • Lead and mentor a product management team.
  • Lead the hiring strategy for the product team.

Benefits

  • 100% of Medical, Dental, and Vision premium coverage.
  • Remote-first work environment.
  • Equity options in addition to salary.
  • Opportunities for onsite meetings.
To read the complete job description, please click on the ‘Apply’ button
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CEO of Forage
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Thomas Brunskill
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Average salary estimate

$210000 / YEARLY (est.)
min
max
$190000K
$230000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Head of Product, Forage

At Forage, we’re passionate about revolutionizing the payments industry, and we're looking for a talented Head of Product to join our team! In this remote position based in North America, you'll play a crucial role in guiding our product strategy and execution while staying true to our mission of helping merchants accept government benefits through our unified API. Your leadership will steer the product vision, ensuring that we meet both customer needs and ambitious business goals. You'll collaborate with cross-functional teams to deliver innovative and secure payment solutions while prioritizing end-user feedback to refine our offerings. This opportunity is perfect for someone with a strong background in fintech or payments, who thrives in a fast-paced startup environment. With your experience, you'll define the product roadmap and ensure timely feature delivery, while also embracing analytics to measure success. You’ll lead a high-performing team, contributing to our culture of transparency and growth. If you’re ready to make a meaningful impact on society and drive change in the financial landscape, this is the role for you at Forage!

Frequently Asked Questions (FAQs) for Head of Product Role at Forage
What responsibilities does the Head of Product at Forage have?

The Head of Product at Forage is responsible for defining the product vision and strategy aligned with the company's mission. This includes developing and managing a comprehensive product roadmap, engaging with customers to understand their needs, ensuring timely product delivery, and overseeing metrics to measure success.

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What qualifications are needed for the Head of Product position at Forage?

To be successful as the Head of Product at Forage, candidates should have proven experience in a leadership role within fintech or payments, a strong understanding of the payments ecosystem, and exceptional communication and collaboration skills. Proficiency with product management tools and a customer-centric approach are also essential.

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How does Forage define success for its Head of Product?

Success for the Head of Product at Forage is defined by the ability to drive product innovation that meets customer needs and business goals. This includes launching products on time, achieving key performance indicators, and ensuring compliance and security in all product offerings.

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What is the work environment like for the Head of Product at Forage?

Forage embraces a remote-first work environment that allows for flexibility while also providing opportunities for onsite meetings. The culture prioritizes transparency, growth, and collaboration among a diverse team, fostering a positive and engaging workplace.

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What benefits can the Head of Product at Forage expect?

The Head of Product at Forage can expect a competitive compensation package ranging from $190k-$230k USD base salary, plus equity and benefits. Additional perks include comprehensive medical, dental, and vision coverage, as well as a supportive and inclusive work environment.

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Common Interview Questions for Head of Product
Can you describe your experience with product strategy in a fintech company?

In answering this question, detail your prior roles and the strategies you implemented to align product development with business goals. Focus on specific examples that showcase your analytical mindset and how you reacted to market trends or user feedback.

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How do you prioritize features in a product roadmap?

Explain your method for prioritizing features by highlighting criteria such as user needs, business impact, and technical feasibility. Provide an example of a situation where your prioritization led to successful product delivery.

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How do you engage with customers for product feedback?

Discuss your approach to collecting and analyzing customer feedback, whether through surveys, interviews, or user testing. Provide an example of how you utilized this feedback to improve product offerings at your previous companies.

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What KPIs do you consider essential when measuring product success?

Mention specific key performance indicators that are relevant to the payments industry, such as user acquisition rates, transaction volumes, or customer satisfaction scores. Provide insights into how you used these metrics to drive product decisions.

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How do you handle compliance and security in product management?

Describe your experience collaborating with legal and security teams to ensure regulatory compliance. Explain how you integrate these considerations into the product lifecycle, from initial design to market launch.

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Can you discuss your leadership style and how you support your team?

Share your approach to team leadership, emphasizing mentorship, collaboration, and accountability. Provide examples of how you've fostered a positive team culture and enabled your team members to achieve their best work.

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What is your experience with product management tools like JIRA or Confluence?

Discuss your familiarity with and usage of product management tools, providing examples of how you leveraged these platforms for project tracking, documentation, or collaboration within your team.

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How do you stay updated with the latest trends in the payments industry?

Discuss the resources you rely on, such as industry publications, conferences, and professional networks. Share examples of how staying informed has influenced your product strategy and decision-making.

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Can you provide an example of a successful product launch you've managed?

Outline a specific product launch you led, detailing the challenges faced, strategies employed, and the ultimate impact on the business. Highlight key stakeholders involved and how you ensured timely delivery.

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What challenges do you foresee in the payments ecosystem, and how would you address them?

Discuss your insights into the evolving payments landscape, identifying potential challenges such as regulatory changes or technological advancements. Share your thoughts on how you would proactively address these challenges to drive product success.

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BENEFITS & PERKS
Dental Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$190,000/yr - $230,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 25, 2024

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