Payments Product Manager

Piermont Bank is a digital commercial bank with a mission to serve fast-growing companies at the speed they need. Entrepreneur-led and tech-forward, we offer a fully digital experience coupled with meaningful banker relations. We believe in being a partner for enterprising companies, acting as a funding catalyst for mid-market innovation and growth. Piermont’s financial solutions and expertise empower our business community to thrive. At Piermont, we are purpose-driven, responsive and practical, delivering integrated and flexible solutions that create value for clients in today’s fast-changing economy. For more information, visit The Role: Piermont Bank enables innovators in the fintech ecosystem to launch new product 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 Banking as a Service and 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. Implement new processes to ensure the bank is delivering its existing payments offering in compliance with network-specific rules as well as applicable regulation (e.g., Reg E, Reg CC, etc.). 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 (e.g., new debit card BINs, additional ACH processing windows, etc.) 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 Chief Banking & Innovation officer to own the bank’s payments product roadmap. 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. Qualifications: 5+ years of payments-related experience, ideally in a combination of relevant bank and fintech roles 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