What are the responsibilities and job description for the Product Manager, Banking position at AngelList?
About AngelList:
We exist to accelerate innovation by increasing the number of successful startups in the world. We want to give more people the opportunity to participate in the venture economy by building the financial infrastructure that makes it possible for more people to invest in world changing startups, and build tools for startups that help them run their operations so they can focus on building.
AngelList is the nexus of venture capital and the startup community. We support over $171B assets on our platform, and we’ve driven capital to over 13,000 startups. 57% of top-tier U.S. VC deals involve investors on AngelList.
While our scale is large, our ambitions are even larger – we’re innovating on the financial infrastructure for venture investors and the startups they invest in. Come build with us.
About the Role:
As the Product Manager for our Banking business, your focus will be to grow invested capital volume and banking deposits by launching new banking products designed specifically for private funds and their investors.
Unlike traditional banks that treat funds like operating companies, our banking systems are built around the unique workflows of capital movement — subscriptions, capital calls, and distributions. With this foundation in mind, you’ll study the challenges of our target customers and drive a uniquely differentiated product strategy that turns us into the default banking layer for private markets.
You’ll enjoy this role if you’re excited by taking products from 0 to 1 and you’re passionate about building systems that underpin private markets and drive capital to entrepreneurs building our future.
\n- Define and execute the roadmap to grow deposits and invested capital volume
- Scale our banking platform into the default infrastructure for private fund capital flows
- Build resilient, cost-efficient integrations and contingency strategies across our banking stack
- Source, evaluate, and onboard new partners to strengthen coverage, improve economics, and expand capabilities
- Develop trusted relationships with customers and internal teams, turning complex operational needs into intuitive, differentiated products
- Have 5 years of experience in product management, strategy, banking operations, or fintech — ideally with exposure to B2B financial infrastructure or banking integrations
- Are fluent in financial systems, banking APIs, and the mechanics of money movement
- Thrive in high-ownership environments and are motivated by ambitious growth outcomes
- Combine strategic vision with operational empathy — able to design the roadmap while also sweating integration details
- Are equally comfortable negotiating with banking partners, debugging flows with engineers, and presenting strategy to executives
If you don’t tick every box above, we’d still encourage you to apply. We’re building a diverse team whose skills balance and complement one another.
AngelList has offices in two hub cities: San Francisco and New York City that you can choose to work from. We’re focused on hiring within these hubs and people hired from these hub offices are expected to come into the office twice per week (Tuesdays and choice between Wednesday or Thursday).
Compensation: The compensation for this role consists of a competitive base salary, benefits, and equity package. The base salary for this role is $250,000 annually but actual will vary based on a number of factors including a candidate’s professional background, experience, and location. Additional details about our Total Rewards package will be provided during the recruitment process.
Benefits: We support our employees in their lives both inside and outside of work.
*See additional detail on our benefits here: https://angell.ist/venture-benefits
*Learn about our Funders & Founders Program here: https://join.angellist.com/
Working at AngelList: At AngelList, we are united in our purpose to accelerate innovation and build the future of private markets. Our beliefs and values shape how we work, collaborate, and create impact. If the below resonate, we’d love to have you with us.
*Beliefs: https://angell.ist/beliefs
*Values & Leadership Expectations: https://angell.ist/values
AngelList is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.