Deposit Product Manager
Listed on 2026-02-06
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Finance & Banking
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Business
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.
- 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
- 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
- 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
- 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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