Principal Product Manager, Commercial Banking

SoFi

Confirmed live yesterday High trust

Quick summary

Work type: On-site
Location: San Francisco, CANew York, NYSeattle, WA
Salary: $192,000–$330,000 / yr
Posted: 45 days ago
Freshness: Confirmed live yesterday
Nearby: 99+ roles within 25 mi

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $200k

This role $261k

$144k most similar roles pay here $350k

This role pays more than 91% of similar roles. Most pay $172,450–$227,050 — the shaded band above. At the midpoint, this role pays about $261k versus about $200k for comparable roles.

Based on 240 similar postings.

Employer

About SoFi

SoFi Technologies is a fintech company offering student and personal loans, mortgages, credit cards, investing, banking, and insurance products, positioning itself as a one-stop financial services platform. Industry: Financial Technology & Personal Finance

SoFi currently has 14 open roles on FindRole.

Listed pay typically runs $158,400–$264,000 across 14 roles with salary data.

Most-posted roles

View all roles at SoFi

At a glance

TL;DR · Principal Product Manager, Commercial Banking

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As the Principal Product Manager, Commercial Banking, you will lead the strategy, roadmap, and delivery of a next-generation business banking platform from inception through scale. You will define the multi-year vision for commercial clients, managing the development of business accounts, treasury capabilities, and end-to-end infrastructure. Your daily work involves building client-facing experiences and APIs while navigating complex regulatory constraints to deliver elegant solutions. The role requires deep expertise in payment rails including Wires, ACH, FedNow, and emerging real-time or stablecoin settlements. You will manage a growing product team and collaborate cross-functionally with engineering, risk, and compliance teams. To succeed, you must possess technical fluency in APIs and ledgers, extensive experience in B2B platforms, and a proven ability to translate complex financial systems into scalable products within a regulated banking environment.

What does a Product Manager earn in California?

Median $221750 from 204 postings across 45 companies.

See salary data

Skills

APIs Wires ACH FedNow Real-time Payments stablecoin s Blockchain Ledgers Cash Management Reconciliation Banking-as-a-Service

What you'll do

Define the multi-year product vision and roadmap for the Commercial Banking platform.
Deliver client-facing experiences and APIs for business accounts, treasury capabilities, and payment rails like Wires, ACH, and FedNow.
Lead 0→1 product development from initial discovery through launch and scaling.
Manage and grow a team of product managers to execute the roadmap as the business scales.
Translate regulatory and operational constraints into elegant technical product solutions.
Drive measurable outcomes including adoption, volume, reliability, cost efficiency, and risk performance.
Influence company strategy and mentor other product managers as a subject-matter expert.

What we're looking for

Bachelor’s degree or higher, ideally in a technical, finance, or quantitative field.
10+ years of product management experience, with significant time in platform and B2B roles.
Experience building and growing teams of product managers.
Direct experience building commercial/business banking or payments products.
Deep knowledge of Wires and ACH systems and operations.
Experience with FedNow or real-time payments (RTP).
Experience launching regulated financial products at scale from within a Bank.
Strong technical fluency with APIs, ledgers, and payments architectures; experience with stablecoins, blockchain, or treasury platforms (preferred).