Senior Product Designer

Allocator One is redefining venture capital through innovative support for first-time venture managers globally.

We're looking for a Senior Product Designer to join our team in Vienna and shape user experiences that drive the next generation of asset management.

Allocator One has pioneered a model that provides aspiring venture capitalists with the strategic, operational, and regulatory support they need to launch and scale their first funds.

As a Senior Product Designer, you’ll play a critical role in developing solutions that support our vision of accessible and inclusive venture capital.

Who you are

Allocator One is seeking someone who is:

• Visionary in information design: Demonstrated ability to build and refine intricate data structures, enabling users to easily navigate and understand complex data.
• Versatile in tools and collaboration: Skilled with Figma and other advanced design tools listed above, with a good grasp of front-end basics (HTML, CSS, JavaScript) to communicate effectively with developers.
• Strategic thinker: Able to navigate the venture capital landscape and contribute to projects that empower first-time fund managers.
• Eager to innovate: Ready to bring fresh ideas to the Allocator One ecosystem, challenging traditional asset management approaches and creating value.
• Detail-oriented: You bring meticulous attention to design, creating simple, intuitive, and impactful experiences.

Note: Allocator One is headquartered in Vienna, and we offer the flexibility for this job to be performed either on-site in Vienna or remotely.

About Allocator One

At Allocator One, we operate a distinctive fund model designed to invest in the most promising first-time fund managers worldwide while optimizing fees. With an eye on the highly favorable prospects for the 2023/2024 fund vintages, our team has accelerated its efforts to seize this unique opportunity. We pride ourselves on being the anchor investor of choice for exceptional first-time fund managers, offering them unparalleled access, expertise, and operational support.

Our focus on first-time fund managers

Allocator One's focus on first-time fund managers is driven by a simple yet compelling fact: historically, top-performing funds with assets under $50 million, led by emerging managers, have delivered returns that are more than 3 times higher over a 10-year horizon compared to their peers of larger fund sizes. Furthermore, the fund vintages of 2023/2024 in our pipeline are poised to enjoy an additional boost in returns. Venture capital funds that originate during economic recessions have consistently achieved returns that are 15%-30% higher compared to those raised in the preceding years, across various performance percentiles.

Optimizing fees and building Partnerships

We believe in optimizing fees while nurturing partnerships with first-time fund managers from the very beginning. Our aim is to enhance investment terms by actively contributing to the success of these funds. Allocator One has already established itself as a global brand in the realm of emerging managers, thanks to our extensive international investor network. In just two months since our launch, we've received over 300 applications, a testament to our commitment to supporting emerging talent. Our team goes beyond traditional investing; we offer to act as "co-builders," incorporating emerging managers into our unique Allocator One program, often likened to a "Y Combinator for Capital Allocators." We provide vital support in areas such as regulation, administration, and structure.

Our founding partners:

Our founders bring a wealth of experience and expertise to Allocator One:

• Michael Ströck: Michael is a seasoned open source developer and entrepreneur with multiple successful exits to his name. He is an alumnus of Y Combinator and has transitioned from a CTO role to a successful investor. Michael has played a pivotal role in establishing three VC funds and is part of a family business now in its third generation.
• Felix Staeritz: As the builder of category-leading corporate venture builder FoundersLane, Felix has an impressive track record of founding and exiting successful ventures. He is an active VC/PE investor and serves on the boards and advisory boards of esteemed organizations like the World Economic Forum (WEF), Fraunhofer, and various public and private companies.

Your role at Allocator One

As part of our team, you will:

• Architect and develop user experiences for products that streamline venture fund setup, compliance, and administration, impacting a network of global venture managers and LPs.
• Translate complex industry concepts into intuitive and seamless design systems that support product scalability and adaptability.
• Work closely with product managers and engineers to convert broad, strategic ideas into valuable, user-centered experiences.
• Design information flows that allow venture managers to easily navigate regulatory and operational features, ensuring data accessibility and decision-making simplicity.
• Develop wireframes, prototypes, and high-fidelity mockups to communicate the product vision across various stages of the design process.
• Integrate continuous user feedback into product improvements, focusing on enhancing engagement, usability, and design elegance.
• Advocate for innovation and design-centric solutions to transform how asset management operates.
• Bring new design perspectives to the team, challenging the status quo and helping Allocator One push the boundaries in the venture capital landscape.

Your skills and qualifications:

• 5+ years of real-world experience in product design with expertise in UX, UI, and information architecture.
• Proficiency in advanced design tools like Figma, Adobe XD, and Framer.
• Strong understanding of interaction design, scalable systems, and modern design systems.
• Basic knowledge of front-end technologies (HTML, CSS, JavaScript) for effective collaboration with developers.
• Proven ability to conduct user research, usability testing, and integrate insights into designs.
• Strong problem-solving skills, attention to detail, and a track record of delivering impactful designs.
• A portfolio showcasing real-world projects and intuitive, visually appealing user experiences.

• Competitive base salary
• Potential for bonuses and equity
• “No assholes allowed” company culture
• Learn from and grow with experienced colleagues who are eager to share their knowledge

Hiring process:

Initial screen: This initial screen via video-call with a member of our team will be an opportunity for you to discuss your background and experience, and to ensure that you meet the minimum qualifications for the role and the job aligns with your expectations.

Interview with founding partners: If you are a strong candidate, you will be invited to participate in an interview with our founding partners. This will be an opportunity for you to learn more about the company's strategy and culture, and for the partners to get to know you better.

Case study and/or technical assessment during an on-site work trial day: To get to know each other even better, we invite you to a work trial day at our office in Vienna. To assess your skills and knowledge, we may ask you to complete a case study or technical assessment.

After the final round interview, the team will review all of the candidates and make a decision on who to offer the position to. The hiring process can take several weeks, so please be patient as we review all of the applications and make a decision. If you are not selected for the role, we will notify you as soon as possible.

Sounds interesting? Then we look forward to receiving your application.