
Principal Product Manager (Commercial Banking)
SoFi
Job description
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We’re building Commercial Banking from the ground up and are looking for a Principal Product Manager to lead the strategy, roadmap, and delivery of our next-generation business banking platform
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This is a 0→1, company-level role responsible for defining how businesses move and manage money across modern rails — including Wires, ACH, FedNow, and emerging real-time/stablecoin settlement. You will set the vision, drive the roadmap and deliver the experiences and infrastructure that commercial clients need to run their businesses
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You’ll operate with high autonomy, influence executive strategy, and lead complex, regulated financial systems from concept through scale
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Define the multi-year product vision and roadmap for Commercial Banking
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Own and deliver client facing experiences and APIs and end-to-end platform: business accounts, payments rails (Wires, ACH, FedNow), treasury capabilities, and APIs
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Lead 0→1 product development from discovery through launch and scale
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Manage and grow a product team to drive roadmap and delivery as business scales
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Partner cross-functionally with Business, Engineering, Risk, Compliance, Treasury, Finance, Sales and Operations teams to bring product roadmap to life
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Translate regulatory and operational constraints into elegant product solutions
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Drive measurable outcomes: adoption, volume, reliability, cost efficiency, and risk performance
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Influence company strategy and mentor other PMs as a subject-matter expert in commercial banking
Benefits
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Generous vacation and holidays
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Paid parental leave for eligible employees
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401(k) and education on retirement planning
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Monthly contribution up to $200 to help you pay off your student loans
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Great health & well-being benefits including: telehealth parental support, subsidized gym program
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Comprehensive health, vision, dental, life insurance, and disability benefits
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Fertility and family planning options
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Flexible time off
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Free financial classes
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Tuition reimbursement on approved programs, up to $5,250 per year- Entrepreneurial mindset, with proven track record leading ambiguous, cross-team 0→1 initiatives independently
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10+ years of product management experience, with significant time in platform and B2B roles
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Strong technical fluency with APIs, ledgers, and payments architectures
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Bachelor’s degree or higher, ideally in a technical, finance, or quantitative field
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Experience building and growing teams of product managers
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Excellent written and verbal communication skills, with the ability to simplify technical complexity for diverse stakeholders. Experience presenting to C-level leadership
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Deep knowledge of Wires and ACH systems and operations
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Experience launching regulated financial products at scale from within a Bank
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Strong cross-functional collaboration and influence skills
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Direct experience building commercial/business banking or payments products
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Experience with FedNow or real-time payments (RTP)
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Experience building developer-first financial platforms or serving fintech/platform customers
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Experience building front-end b2b experiences
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Treasury, cash management, or reconciliation platform exposure
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Sponsor bank or Banking-as-a-Service experience
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Stablecoin, tokenized deposits, or blockchain-based settlement experience