Payments Product Manager

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks. We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services. The Role Piermont Bank enables innovators in the fintech ecosystem to launch new products and service propositions. This role reports to the bank’s Chief Growth Officer and supports the ongoing management and development of payments products for the Payments Solutions segments. The ideal candidate is an experienced payments professional with a deep background in core payments products (debit cards, ACH, Wires), an understanding of API‑based BaaS platforms, as well as the ability to quickly gain a deep understanding of emerging payment rails (e.g., RTP, FedNow). The Payments Product Manager will support enhancing existing payments functionality as well as leading the implementation of new payments products to continue scaling payment volume and fee revenue generation for Piermont. Responsibilities Develop a deep understanding of the bank’s payments products, risk parameters, as well as related processes and supporting applications to provide ongoing oversight of Piermont’s payments offering. Lead new payment product initiatives and work with both internal and external stakeholders (risk, legal, operations) to ensure successful product implementations. New products may include RTP, FedNow, Merchant Acquiring, among others. Implement new processes to ensure the bank is delivering its existing payments offering in compliance with network‑specific rules as well as applicable regulations. Serve as the primary point of contact with networks and payments providers as well as drive new implementations and ongoing enhancements with processors and other payments providers. Develop metrics and build reporting tools to adequately monitor and manage the bank’s existing payments products. Stay abreast of new developments in the payments industry vis‑à‑vis fintech and corporate client needs and work in collaboration with the Executive team to own the bank’s payments product roadmap. Qualifications 5+ years of payments‑related experience, ideally in a combination of relevant bank and fintech roles. Strong understanding of payment products and track record of product launch and implementation. Strong verbal and written communication and interpersonal skills. Strong analytical and problem‑solving skills. Bachelor’s degree or equivalent. The hiring range for this position is $120,000 to $170,000 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s job‑related knowledge, skills, and experience, among other factors. A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, dental, vision, 401k, and other benefits. Piermont Bank is an equal‑opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, political affiliation, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability or other applicable legally protected characteristics. #J-18808-Ljbffr