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Deposit Product Manager

Job in Hauppauge, Suffolk County, New York, 11788, USA
Listing for: Piper Companies
Full Time position
Listed on 2026-02-03
Job specializations:
  • Business
  • Finance & Banking
Salary/Wage Range or Industry Benchmark: 140000 - 160000 USD Yearly USD 140000.00 160000.00 YEAR
Job Description & How to Apply Below

Deposit Product Manager

Piper Companies is seeking a Deposit Product Manager to lead the strategy, development, and optimization of deposit products for a growing organization in the financial services industry. The Deposit Product Manager role is ideal for a product professional with strong deposit experience, portfolio insight, and a focus on customer experience and regulatory compliance.
This position will be hybrid in Hauppauge, NY.

Responsibilities
  • Develop, enhance, and manage consumer and business deposit products including checking, savings, money market, and certificates of deposit
  • Lead the deposit product roadmap, driving balance growth, competitiveness, and customer experience improvements
  • Monitor deposit portfolio performance, pricing, fees, and profitability; recommend strategic adjustments to meet growth and margin targets
  • Conduct market and competitive analysis to identify trends, product gaps, and opportunities
  • Partner with marketing to support go‑to‑market strategies, promotions, and product positioning
  • Collaborate with digital banking teams to improve online and mobile account opening, onboarding, and servicing workflows
  • Work closely with branch operations, contact center, and back‑office teams to ensure effective product delivery and operational consistency
  • Ensure all products and disclosures meet regulatory requirements including Truth in Savings, Regulation D, Regulation E, and UDAAP
  • Prepare detailed reporting, analysis, and presentations for senior leadership on product performance and strategic initiatives
  • Support vendor evaluations and third‑party integrations impacting deposit account features and functionality
Required Qualifications
  • 5+ years of experience in retail banking, credit unions, or broader financial services
  • 3+ years of direct experience managing or supporting deposit products
  • Strong understanding of deposit account structures, pricing strategy, and product profitability
  • Knowledge of regulatory requirements including Truth in Savings, Reg D, Reg E, and UDAAP
  • Proven analytical skills with experience interpreting product and portfolio performance data
  • Demonstrated ability to collaborate with digital, operations, compliance, marketing, and finance teams
  • Excellent written and verbal communication skills
  • Bachelor’s degree in Business, Finance, Marketing, Economics, or related field
Preferred Skills
  • Experience in a credit union environment
  • Experience with digital account opening platforms or online banking systems
  • Familiarity with deposit portfolio analytics, segmentation, or risk monitoring
  • Experience managing relationships with third‑party vendors supporting deposit products
Compensation
  • Salary range: $140,000 - 1 $ 60,000
  • Comprehensive benefits package including medical, dental, vision, 401(k), and Paid Time Off

This job opens for applications on 01/28/2026. Applications for this job will be accepted for at least 30 days from the posting date.

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