SoFi logo

Principal Product Manager (Commercial Banking)

SoFi

On-siteSan Francisco, CAlead$192k–$330kPosted 8h ago

Job description

  • 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

  • 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

  • You’ll operate with high autonomy, influence executive strategy, and lead complex, regulated financial systems from concept through scale

  • Define the multi-year product vision and roadmap for Commercial Banking

  • Own and deliver client facing experiences and APIs and end-to-end platform: business accounts, payments rails (Wires, ACH, FedNow), treasury capabilities, and APIs

  • Lead 0→1 product development from discovery through launch and scale

  • Manage and grow a product team to drive roadmap and delivery as business scales

  • Partner cross-functionally with Business, Engineering, Risk, Compliance, Treasury, Finance, Sales and Operations teams to bring product roadmap to life

  • Translate regulatory and operational constraints into elegant product solutions

  • Drive measurable outcomes: adoption, volume, reliability, cost efficiency, and risk performance

  • Influence company strategy and mentor other PMs as a subject-matter expert in commercial banking

Benefits

  • Generous vacation and holidays

  • Paid parental leave for eligible employees

  • 401(k) and education on retirement planning

  • 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

  • Comprehensive health, vision, dental, life insurance, and disability benefits

  • Fertility and family planning options

  • Flexible time off

  • Free financial classes

  • 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

  • 10+ years of product management experience, with significant time in platform and B2B roles

  • Strong technical fluency with APIs, ledgers, and payments architectures

  • Bachelor’s degree or higher, ideally in a technical, finance, or quantitative field

  • Experience building and growing teams of product managers

  • Excellent written and verbal communication skills, with the ability to simplify technical complexity for diverse stakeholders. Experience presenting to C-level leadership

  • Deep knowledge of Wires and ACH systems and operations

  • Experience launching regulated financial products at scale from within a Bank

  • Strong cross-functional collaboration and influence skills

  • Direct experience building commercial/business banking or payments products

  • Experience with FedNow or real-time payments (RTP)

  • Experience building developer-first financial platforms or serving fintech/platform customers

  • Experience building front-end b2b experiences

  • Treasury, cash management, or reconciliation platform exposure

  • Sponsor bank or Banking-as-a-Service experience

  • Stablecoin, tokenized deposits, or blockchain-based settlement experience