Business Operations Manager - Deposit Products
ABOUT ROCKET MONEY 🔮
Rocket Money’s mission is to meaningfully improve the financial prosperity of millions of people. We help our members understand and optimize their financial lives, and increasingly, we help them grow their money through consumer-friendly savings products.
As we expand our portfolio of deposit products, we’re looking for a strategic, hands-on operator to own and scale Business Operations for this critical business line.
ABOUT THE ROLE 🤹♀️
The Business Operations Manager will be the operational owner for Rocket Money’s deposit products. You will run Business Operations for our existing savings plan account (FBO) and our new high yield savings account (HYSA), and build the operating foundation for any future deposit products.
This role sits at the intersection of product, customer support, legal / compliance, fraud, and marketing, acting as the connective tissue that ensures our deposit products are safe, scalable, compliant, and financially sound.
If you thrive in ambiguity, enjoy architecting systems from scratch, and have a history of becoming the “go-to person” for a complex business area, this role is for you.
WHAT YOU’LL DO
📌 Business Operations Owner for Deposit Ops
- Own day-to-day business operations for FBO, HYSA and new features for these products
- Monitor product health, risks, and operational KPIs; identify trends and propose improvements.
- Translate business goals into operational plans and ensure flawless execution.
🤝 Partner, Vendor & Cross-Functional Management
- Serve as the primary operational point of contact for deposit product bank partners, processors, and internal stakeholders.
- Shepherd partner relationships, run partner meetings, track commitments, and ensure delivery.
🛠 Operational Excellence & Problem Solving
- Build and continuously refine procedures across escheatment, compliance, customer support, exception handling, and more.
- Deep-dive into operational issues, data anomalies, and system behavior, owning root cause analysis and long-term fixes.
- Create clarity in ambiguous situations; proactively identify gaps before they become problems.
📣 Communication, Documentation & Alignment
- Craft clear, concise documentation (procedures, decision proposals, project plans).
- Align cross-functional teams around decisions, timelines, and risks.
- Present insights and recommendations to leadership with confidence and clarity.
WHAT SUCCESS LOOKS LIKE 💫
In your first 90 days:
- You understand our business model, partners, compliance constraints, and operational pain points.
- You’ve taken ownership of FBO/HYSA operations and delivered improvements with measurable impact.
Within your first year
- You’re the recognized owner and subject-matter expert for deposit product operations.
- You’re anticipating problems, driving cross-functional alignment, and steering the roadmap for sustainable growth.
ABOUT YOU 🦄
- 4+ years of experience in Business Operations, Strategy, Product Operations, or a highly cross-functional operational role
- You thrive in ambiguity and act like an owner; you’re energized by figuring things out
- Exceptional communicator; you can make complex systems simple
- Strong project manager with a bias toward action
- Comfortable with data analysis and turning metrics into decisions (Looker, pivot tables)
- Proven ability to work with partners, vendors, and technical + non-technical stakeholders, balancing diplomacy and assertiveness
- You enjoy moving between strategy and execution, zooming out to see the whole system and then rolling up your sleeves to get things done
PREFERRED QUALIFICATIONS
- Experience in regulated fintech
- Experience launching and scaling deposit products at a fintech
WE OFFER 💫
- Health, Dental & Vision Plans
- Life Insurance
- Long/Short Term Disability
- Competitive Pay
- 401k Matching
- Team Member Stock Purchasing Program (TMSPP)
- Learning & Development Opportunities
- Tuition Reimbursement
- Unlimited PTO
- Daily Lunch, Snacks & Coffee (in-office only)
- Commuter benefits (in-office only)
Additional information: Salary range of $120,000 - $160,000 + bonus + benefits, based on job-related knowledge, skills, and experience. Base pay offered may vary depending on job-related knowledge, skill, and experience.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws.
The information regarding compensation and other benefits included in this paragraph is the company’s current, good faith estimate at the time of posting. [Compensation and benefits are subject to modification from time to time as the Company, in its sole and exclusive discretion, deems appropriate.] The Company may determine during its future reviews of the proposed compensation and benefits provided for this position, that the compensation and benefits for such position should be reduced. In no event will the Company reduce the compensation for the position to a level below the applicable jurisdictional minimum wage rate for the position. Los Angeles County and San Francisco Candidates only: qualified applicants with arrest or conviction records will be considered for employment per the Fair Chance Ordinance and the Fair Chance Initiative for Hiring.