Principal Product Manager, SoFi Bank

  • Full Time
  • CA-San Francisco, UT-Salt Lake City, WA-Seattle
  • Senior Level

Website SoFi SoFi

Shape a brighter financial future with us!

The role

We are seeking an experienced, strategic, and highly collaborative leader to build and drive a new business at SoFi – Commercial Payment Services.  The role requires a combination of financial systems technical expertise along with strategic thinking, operational excellence, and a passion for results, while managing risk and regulatory obligations.  The Principal Product Manager for Bank Sponsorship will thrive in a highly entrepreneurial and collaborative environment, with clear objectives, but limited or ambiguous direction.  You will be a visible leader, championing this new business within SoFi and to new customers, while managing regulatory and business risks.

This role is inherently cross-functional—you will work closely with engineering, design, data science, marketing, operations, finance, risk, legal, compliance, AML and executive teams to set business objectives, define product strategy, prioritize features and execute on business operations. You’ll play the critical role of driving the business while bridging the technical and business worlds to drive profitable business growth while managing risk.

What you’ll do:

  • Oversee daily business operations for the bank sponsorship business
  • Define business strategy that drives a market-leading solution relative to competitive trends while also driving additional lines of revenue to create growth on the sponsorship portfolio
  • Create and evangelize a product vision and own a multi-year product roadmap, including prioritizing and driving backlogs for launch with your dedicated engineering teams
  • Oversee an enterprise sales pipeline, along with an existing account management team to manage existing customer relationships, including growing existing relationships
  • While managing compliance / risk oversight
  • Work with the full cross-functional team (marketing, product, design, engineering, compliance, risk, AML, finance and operations) for your line of business & initiatives, to help execute on the strategic vision

What you’ll need:

  • Full stack “operator”: ability to both create and execute the business and product strategy; with clear objectives, but limited, ambiguous, or varied direction
  • Experience in the Fintech and Bank sponsorship spaces
  • Ability to operate cross-functionally, leading and influencing colleagues, and ultimately leading to timely tactical decision making to advance our objectives
  • Flexible and collaborative approach to problem solving and ideation
  • Superior communication skills, written and verbal. Experience presenting to C-level leadership
  • Deep curiosity for how complex (financial) systems work, and an ability to internalize and analyze this information quickly
  • A blend of demonstrated business, product management, financial management and execution skills
  • Experience in a cold start business or startup environment; entrepreneurial mindset
  • Experience delivering quality software that solves business and user needs
  • Data-driven approach and excellent analytical skills
  • Passion for your customers! You do right by them, always
  • Bachelor’s degree or higher with a technical discipline

Nice to have:

  • 10+ years in product management or general management
  • Experience in people and team management
  • Experience with hypothesis-based product experimentation
  • Experience owning and managing a P&L
  • M.B.A.

Why you’ll love working here:

  • Competitive salary packages and bonuses
  • Comprehensive medical, dental, vision and life insurance benefits
  • Generous vacation and holidays
  • Paid parental leave for eligible employees
  • 401(k) and education on retirement planning
  • Tuition reimbursement on approved programs
  • Monthly contribution up to $200 to help you pay off your student loans
  • Great health & well-being benefits including: telehealth parental support, subsidized gym program

*These benefits are only applicable to full time employees

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