TPS Prepaid Senior Product Manager (San Francisco)

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.Job DescriptionThe Senior Product Manager for the Focus Payroll Card owns the end‑to‑end strategy, performance, and long‑term success of the product, with full accountability for profit and loss within the TPS Prepaid team. This role sets product vision and drives portfolio growth through rigorous financial and performance management, customer insight, and disciplined execution across the product lifecycle. The Senior Product Manager partners closely with Finance to manage monthly performance analysis, identify trends, and deliver executive‑level reporting on profitability drivers, portfolio performance, and margin optimization opportunities. Using deep analysis of cardholder behavior, adoption, and usage trends—along with ongoing competitive and market research—this role identifies gaps, anticipates industry shifts, and informs product strategy, pricing, and investment decisions. The role builds strong business cases and financial models to support roadmap prioritization and ensures adherence to regulatory requirements and internal controls. As a product leader and subject matter expert, the Senior Product Manager works cross‑functionally with Sales, Marketing, Technology, Experience Design, Operations, Fraud, Compliance, Legal, Implementations, and Finance to support new business development, client onboarding, and go‑to‑market execution. This includes responding to sales inquiries, RFPs, pricing requests, finalist presentations, and contract negotiations, as well as guiding new product and program launches from concept through delivery. Aligned with U.S. Bank’s human + digital product strategy, the Senior Product Manager defines product outcomes and Objectives and Key Results (OKRs), translates strategy into actionable roadmaps, and partners with agile and technology teams to deliver capabilities that drive business and customer outcomes. The role balances investment and return, leads multi‑year strategic planning, and continuously improves the client and cardholder experience. With a strong growth mindset, this leader acts as an advocate for prepaid offerings across the enterprise, explores new distribution channels and markets for Prepaid, and ensures the Focus Payroll Card remains competitive, compliant, and positioned for sustainable, long‑term growth. Basic Qualifications Product Management experience Preferred Skills and Experience P&L ownership and product financial management Product strategy, visioning, and multi‑year planning Data‑driven decision making, performance measurement, and optimization Customer experience research, insights, and execution Go‑to‑market strategy and sales channel enablement Pricing strategy and business case development Strong customer centricity across all touchpoints Knowledge of Agile ways of working and cross‑functional product delivery Understanding of technical product concepts, integration, and modernization Experience managing risk and regulatory considerations in a product environment If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. Benefits:Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawReview our full benefits available by employment status here. U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.E-VerifyU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.Posting may be closed earlier due to high volume of applicants.Job SummaryJob number: 2026-0009748Date posted : 2026-07-06Profession: Technology & DigitalEmployment type: Full time