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PM, Banking Foundations
San Francisco, CA · Hybrid · Full Time · Product & Design
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About the role
AML
About AngelList
Private markets are the new public markets. The most important companies of this era are private, and almost no one can own them. What's missing is the financial system public markets spent a century building: exchanges, custodians, brokers, and ways for ordinary people to buy in. Private markets, now $28T, never had the equivalent. AngelList is building it.
The last decade of structural innovation in venture happened here: syndicates, SPVs at scale, Rolling Funds, scout programs. Today we have $200B+ in assets and 30,000+ startups funded on our platform. The rest of private markets is next. Funds is the software and services behind private funds, Nova is the banking network, Meridian is the wealth platform for accredited investors, and USVC is the brand behind a registered fund that lets anyone invest in venture.
Working here means an unusual amount of agency on a problem that matters. Titles are closer to suggestions, and there are about 200 of us building what private markets never had. Come build it with us.
About the Role
Nova is the payments network for private markets. Inside AngelList, it's moved $90B between funds and investors over five years. Now we're expanding it to the rest of venture, private equity, and real estate by partnering with the fund admins who serve them.
The Banking Foundations PM owns the underlying systems Nova depends on across two areas:
Our banking platform, which covers the ledger, transfer and account models, and our bank integrations.
Our risk and compliance systems, which cover KYC and KYB, entity verification, and the screening and monitoring that keep Nova compliant as it grows.
You will set the strategy for both, define the decade-long abstractions other teams build on, and own the reliability of both systems as a whole.