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General Manager, Financial Services

About Fractional AI

Fractional AI is the dev shop for applied AI. We solve hard AI-driven problems that our customers don't have the resources or know-how to staff themselves – cutting through jargon and flashy demos to get AI into production, fast.

Every C-suite in the country is trying to bridge the gap between AI in theory and AI in practice. We close this gap with exceptional engineering talent and custom-end-to-end AI builds.

We are looking for an entrepreneurial, strategic, and hungry  General Manager to build our Financial Services Practice Area from the ground up, helping banks, investment firms, and insurance agencies use AI to automate their workflows.

About the Role

As the inaugural General Manager for our Financial Services Practice Area, you will chart our strategy, drive key customer use cases, close deals and partnerships, and generally own the vision and execution for creating a $100M+  business. 

You will:

  • Create win-win opportunities: Build relationships and represent Fractional AI effectively at the executive level, deeply understanding client opportunities, AI possibilities, and Fractional AI’s capabilities to create real value for clients.

  • Lead commercial liftoff: Drive adoption across use cases for banks, investment firms, fintech, insurance companies, and the broader financial services ecosystem. Find win-win partnerships where we can help enterprises automate workflows. Close deals. Double the practice area’s revenue each year.

  • Set the vision and strategy:  Chart our Financial Services vision and strategy – core use cases, pricing, positioning, branding, channels.

  • Make Fractional AI a Known Name in Financial Services: Shape thought leadership through white papers, conference speaking engagements, and events.

  • Scale the team: Day 1, this will begin as an individual contributor role in a scrappy organization. We’re ready to start hiring aggressively as soon as you make the business case, at which time you’ll grow, develop, and lead this team and broader P&L.

What you bring to the table:

  • You are passionate about applying AI to real problems. You are intellectually curious about the frontiers of the technology, able to work well with engineers, and pragmatic about creating value with real applications. 

  • Experience leading a business, practice area, or P&L – strategy through execution. You’ve been a CEO, Managing Director at a Bank, Partner at a large Consulting firm, or have scaled a P&L as a GM. 

  • Unmatched relationships and relationship building. You have a multi-page list of people to call across the financial services ecosystem the day you sign the offer letter. 

  • Fluency across the language of tech startups and that of financial services. You demonstrate credibility and experience in both realms, playing a key translational role. 

  • Low ego/ high resourcefulness. You are doer, not an armchair strategist. You are comfortable rolling up your sleeves.  

  • Team building and followership. You’ve built teams, grown leaders, and inspired followership.

Snapshot of your first 30 days:

  • You’ve crafted a year 1 Financial Services roadmap.

  • You’ve closed your first deal and have led dozens of introductory calls. 

  • You’ve contributed to Financial Services-specific Fractional AI thought leadership - your expertise shaping a white paper, customer dinner, or webinar.

  • You’ve engrossed yourself in the work we do and all things AI.

Why you should (and shouldn’t) join us 

We’re big believers in transparency and know joining a company is a big decision. We’re not the best fit for everyone and try to be clear on what we are and what we’re not so you make the choice that’s right for you. 

Why join Fractional?

  • A huge and growing problem space: getting genAI into production is the challenge of our time – with legacy consulting firms already driving several billion dollars per year on genAI advising revenue. Most offerings on the market don’t meet the need – they are one size fits all product solutions or advising services without the engineering team to deliver. We offer the engineering talent to meet the need. 

  • Unmatched space to build: you will have the greenspace to build the Financial Services business from scratch – unmatched ownership, accountability and impact without the bureaucracy. 

  • Join a leadership team of veteran founders: the team is built from multi-time founders and co-founded by Travis May, former CEO of LiveRamp and founder + former CEO of Datavant.

Why shouldn't you join Fractional?

  • We are unapologetically building an engineering-first culture: this is how we build the team to meet the moment. We overdeliver for our clients by crafting a culture that enables the best engineers to thrive.

  • We work hard. You’ve probably gotten that we have big ambitions. We’re relentless in our execution towards these goals and are a lean team with a “do it ourselves” mantra. No job too big, no job too small.

Our Values

Overdeliver.

Overuse AI.

Over "engineer" the culture.

Location

San Francisco, CA (4 days in-person, Fridays remote)

Benefits

  • 🏦 Competitive Compensation Package: Attractive salary aligned with your experience and skills.

  • 📈 401k with Matching: Invest in your future with our company-matched retirement plan.

  • 🌴 Unlimited PTO: Take the time you need to relax and rejuvenate.

  • 🏥 Exceptional Medical, Dental, and Vision Coverage: Comprehensive health benefits to keep you and your family healthy.

  • 🚑 Health FSA: Manage out-of-pocket health expenses effectively.

  • 🚌 Commuter Benefits: Make your travel to work easier and more affordable.

  • 🏥 Life Insurance: Providing peace of mind for you and your loved ones.

  • 🎉 Team Events and Activities: Regular events to build camaraderie and a strong team spirit.

Ready to join us?

Average salary estimate

$130000 / YEARLY (est.)
min
max
$120000K
$140000K

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 General Manager, Financial Services, Fractional AI

Fractional AI is on the lookout for a visionary General Manager to spearhead our Financial Services Practice Area in San Francisco. This is an exciting opportunity for someone who thrives on the challenge of building something from scratch and is passionate about leveraging AI to transform the financial sector. As the inaugural General Manager, you’ll not only create and execute a strategic roadmap but also drive key partnerships and close deals that are essential for our growth. Imagine shaping the future of banking, investment, and insurance by automating workflows through AI solutions. You will bring a wealth of experience to the table, with a proven track record in leading a business or a practice area, whether as a CEO, Managing Director, or Partner. Your innate ability to build strong relationships within the financial services ecosystem will enable you to create win-win partnerships right from day one. At Fractional AI, we value transparency and hard work, and you’ll have the autonomy to make impactful decisions while developing and leading your team. You'll be at the forefront of thought leadership, positioning Fractional AI as a known name in Financial Services through engaging conferences and publications. If you're ready to roll up your sleeves and grow this practice area into a $100M+ business, while working alongside an experienced leadership team, this is your opportunity to shine!

Frequently Asked Questions (FAQs) for General Manager, Financial Services Role at Fractional AI
What are the responsibilities of the General Manager at Fractional AI?

As the General Manager at Fractional AI, you will be responsible for strategizing and leading the development of our Financial Services Practice Area. This includes identifying key customer use cases, driving adoption, closing deals, and fostering partnerships within the banking, investment, and insurance sectors. You’ll also focus on shaping thought leadership initiatives and developing your team as the practice grows.

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What qualifications do I need to work as a General Manager at Fractional AI?

To be considered for the General Manager role at Fractional AI, candidates should have extensive experience leading a business or practice area, ideally within financial services. Experience as a CEO, Managing Director, or Partner is highly valued. Additionally, fluency in both technology and financial services, coupled with a robust network and a hands-on, resourceful approach, will set you up for success.

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How does Fractional AI support its General Manager in achieving goals?

Fractional AI provides a dynamic and supportive environment for the General Manager to thrive. You will receive the autonomy to make impactful decisions and define the strategy for the Financial Services Practice Area. With access to a leadership team of veteran founders, you'll gain mentorship and guidance as you work to reach ambitious growth targets and shape the practice's identity.

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What is the company culture like at Fractional AI for the General Manager?

At Fractional AI, the culture is decidedly engineering-first, emphasizing hard work, transparency, and accountability. The team is small but mighty, driven by the desire to overdeliver for clients without the bureaucracy, meaning you’ll have the greenspace to innovate and execute your vision for the Financial Services Practice Area while fostering a collaborative spirit.

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Why should I join Fractional AI as a General Manager in San Francisco?

Joining Fractional AI as a General Manager presents a unique chance to shape the future of AI in financial services. With an attractive compensation package, benefits such as unlimited PTO, and the potential for significant professional impact, this opportunity is ideal for entrepreneurial leaders looking to make a remarkable difference in the industry.

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Common Interview Questions for General Manager, Financial Services
What experience do you have in leading business practice areas?

When discussing your experience, highlight specific roles where you've developed and executed strategies that resulted in revenue growth or operational improvements. Share examples of decisions you made that had a significant impact on the business.

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Can you share an example of how you built relationships in the financial services sector?

Be prepared to provide a story illustrating how you've cultivated long-standing relationships, detailing how these connections facilitated partnerships or led to successful outcomes. Focus on your approach to networking and maintaining rapport.

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How do you approach creating a strategic roadmap for a new practice area?

Discuss your methodical approach to research, analysis, and stakeholder engagement in developing a roadmap. Include how you prioritize actions based on market needs, client interests, and organizational strengths.

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How would you assess the AI landscape within financial services?

Show your awareness of current trends and challenges in AI for financial services. Discuss how you believe AI can address these challenges, using recent examples or case studies to support your views.

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What key performance indicators would you track for the Financial Services Practice Area?

Mention specific KPIs related to revenue growth, customer acquisition, engagement metrics, and project outcomes. Highlight your analytical approach and how you plan to use these indicators to inform your strategic decisions.

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Can you describe a challenging project you managed and how you succeeded?

Identify a complex project, discuss the obstacles you faced, and detail the concrete steps you took to overcome those challenges. Conclude with the positive outcomes you achieved.

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What role does thought leadership play in your strategy?

Discuss the importance of establishing yourself and your organization as a knowledgeable leader in the industry. Highlight how you plan to engage in conferences, create publications, and utilize social media to enhance brand visibility.

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How would you foster a high-performance culture within your team?

Explain your strategy for building a motivated and accountable team. Include details on mentorship, providing feedback, recognizing achievements, and creating an inclusive environment that encourages innovation.

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What is your approach to scaling a business following initial success?

Talk about your views on scalability, including strategic partnerships, market expansion, and resource management. Stress the importance of retaining quality while expanding operations.

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What excites you about building the Financial Services Practice Area at Fractional AI?

Express your enthusiasm for leveraging cutting-edge AI technology and your vision for transforming financial services. Share your passion for innovation and your eagerness to lead a talented team in this exciting venture.

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Full-time, hybrid
DATE POSTED
November 30, 2024

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