---
title: 'Payments Product Manager at Piermont Bank'
canonical: 'https://feeny.ai/job/payments-product-manager-piermont-bank-new-york-1gsrbwx859gp'
type: 'job'
last_seen: '2026-09-11'
---

# Payments Product Manager at Piermont Bank

- **Company:** Piermont Bank
- **Location:** New York, NY
- **Posted:** 2025-07-17
- **Last confirmed live:** 2026-09-11
- **Apply:** https://job-boards.greenhouse.io/piermontbank/jobs/4791550007

## Job description

About Us:

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks.

We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services.

The Role:

Piermont Bank enables innovators in the fintech ecosystem to launch new products 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 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.
- 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.
- Implement new processes to ensure the bank is delivering its existing payments offering in compliance with network-specific rules as well as applicable regulations
- 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.
- 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 Executive team to own the bank’s payments product roadmap.

Qualifications:

- 5+ years of payments-related experience, ideally in a combination of relevant bank and fintech roles
- Have a good understanding of payment products and track record of product launch and implementation.
- Strong project management skills.
- 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.

## About Piermont Bank

## Company Overview
- **One-liner**: Piermont Bank is a hybrid digital commercial bank that blends the best of traditional banking and agile fintech to serve fast-growing companies.
- **Entity Type**: Private
- **Headquarters**: New York, New York, United States
- **Founded**: 2019
- **Founders**: Wendy Cai-Lee (Founder & CEO)

## Core Business
- **Primary industry/industries**: Banking, Financial Services, Embedded Banking
- **Target customers**: Fast-growing SMBs, mid-market companies, venture capital and private equity firms, fund managers, commercial real estate investors, and fintechs seeking embedded banking solutions.
- **Mission or purpose statement**: To serve fast-growing companies at the speed they need, acting as a funding catalyst for mid-market innovation and growth. [piermontbank.com](https://www.piermontbank.com/)

## Products & Services
- **Business Banking**: Full-service banking including checking accounts, treasury management, and business lending for companies of all sizes. [piermontbank.com](https://www.piermontbank.com/)
- **Business Lending**: Right-sized financing options for expansion and cash flow optimization.
- **Commercial Real Estate**: Tailored financing solutions for commercial real estate investments with competitive rates and flexible terms.
- **Venture Capital & Private Equity**: Financing for funds and portfolio companies to create additional leverage.
- **Sponsor Finance**: Financing for leveraged buyouts, acquisitions, and other investments to enable deal flow.
- **Fund Banking**: Tailored banking services for fund managers to prioritize driving returns for their investors.
- **Embedded Banking**: A secure and scalable API platform that allows businesses to integrate banking services directly into their own operations, simplifying processes and reducing costs. [piermontbank.com](https://www.piermontbank.com/)
- **Personal Banking**: Modern digital banking solutions for individuals with competitive rates and no hidden fees.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (Private company)
- **Key Metric**: Annual Revenue of $8.0M (as of latest data) [linkedin.com](https://www.linkedin.com/company/piermontbank)
- **Notable Investors/Partners**: Pegatron Venture Capital (strategic investment to accelerate technology innovation and growth) [piermontbank.com](https://www.piermontbank.com/)
- **Growth Signals**: The company has expanded its leadership team to accelerate its next phase of growth, secured a strategic investment from Pegatron Venture Capital, and is actively hiring for key roles in banking, credit, and technology. [piermontbank.com](https://www.piermontbank.com/)

## Competitive Advantages
- **Hybrid Model**: Blends the responsiveness and technology of a fintech with the stability, trust, and regulatory backing of an FDIC-insured bank. [piermontbank.com](https://www.piermontbank.com/)
- **Speed & Customization**: Focuses on quick turnaround times and co-designing solutions with clients to deliver tailored products, differentiating itself from slower, traditional banks.
- **Entrepreneur-Led**: Founded and led by entrepreneurs who understand the needs of fast-growing businesses, fostering a culture of innovation and practicality.
- **API-First Platform**: Offers a secure, scalable API for embedded banking, allowing clients to integrate financial services directly into their own platforms.

## Strategic Focus
- **Technology & Innovation**: Accelerating technology innovation and growth, as evidenced by the strategic investment from Pegatron Venture Capital and the expansion of its leadership team with a new Chief Banking Officer and Chief Innovation Officer. [piermontbank.com](https://www.piermontbank.com/)
- **Embedded Banking**: Deepening its embedded banking platform to allow businesses to seamlessly integrate banking into their own operations.
- **Talent Acquisition**: Actively expanding its team across commercial lending, credit, technology, and marketing to support its next phase of growth.

## Why Work Here
- **Culture**: Described as diverse, entrepreneurial, and innovative, with a flat structure where there is "no front office, mid office or back office." The team is focused on tearing down antiquated banking processes. [piermontbank.com](https://www.piermontbank.com/)
- **Hybrid Work Model**: Offers a hybrid working model that allows for team collaboration while providing flexibility. [piermontbank.com](https://www.piermontbank.com/)
- **Competitive Benefits**: Includes medical, vision, and dental plans, a 401k, and a "kids’ room" at the office for child care emergencies. [piermontbank.com](https://www.piermontbank.com/)
- **Location**: Headquarters overlooks Bryant Park in New York City, easily accessible by public transit. [piermontbank.com](https://www.piermontbank.com/)
- **Career Development**: Emphasizes career growth in a high-growth environment with a diverse team. [piermontbank.com](https://www.piermontbank.com/)

## Sources
1. [piermontbank.com](https://www.piermontbank.com/)
2. [greenhouse.io](https://job-boards.greenhouse.io/piermontbank/jobs/5084283007)
3. [linkedin.com](https://www.linkedin.com/company/piermontbank)

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