Principal Product Manager, Commercial Banking
SoFi · CA - San Francisco; NY - New York City; WA - Seattle ·
- Seniority
- Principal
- Category
- Product
- Experience
- 10+ years
A Principal Product Manager at SoFi leads the 0→1 strategy and roadmap for a commercial banking platform, defining product vision, managing development of business accounts and payments systems (Wires, ACH, FedNow), and scaling with cross-functional teams.
Employee Applicant Privacy Notice
Who we are:
Shape a brighter financial future with us.
Together with our members, we’re changing the way people think about and interact with personal finance.
We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The Role:
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.
What you’ll do:
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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
What you’ll need:
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Bachelor’s degree or higher, ideally in a technical, finance, or quantitative field.
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10+ years of product management experience, with significant time in platform and B2B roles
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Experience building and growing teams of product managers
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Strong cross-functional collaboration and influence skills
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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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Direct experience building commercial/business banking or payments products
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Deep knowledge of Wires and ACH systems and operations
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Experience with FedNow or real-time payments (RTP)
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Experience launching regulated financial products at scale from within a Bank
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Entrepreneurial mindset, with proven track record leading ambiguous, cross-team 0→1 initiatives independently
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Strong technical fluency with APIs, ledgers, and payments architectures
Preferred Qualifications:
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Stablecoin, tokenized deposits, or blockchain-based settlement experience
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Sponsor bank or Banking-as-a-Service experience
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Treasury, cash management, or reconciliation platform exposure
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Experience building front-end b2b experiences
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Experience building developer-first financial platforms or serving fintech/platform customers