Senior Product Manager, Banking
Own and scale Novo’s core banking products—accounts, money movement, cards, and program infrastructure—for 250k+ small businesses, balancing customer needs with regulatory and banking-partner constraints.
- Compensation
- $160K–$200K / yr
- Location
- New York
- Work setup
- Hybrid
- Seniority
- Senior
- Employment
- Not specified
- Experience
- 5+ years
- Category
- Product
- Posted
Skills
Must have
- 7+ years of progressive experience in product management, with experience owning complex, technical, or platform products (preferably in fintech, financial services, banking, or payments).
- Demonstrable track record of shipping reliable, customer-facing products in a high-growth, regulated environment, ideally involving money movement, payments, cards, deposits, or other financial infras
- Strong understanding of banking and fintech fundamentals, including how accounts, money movement, cards, deposits, and partner-bank and program infrastructure work together.
- Proven ability to partner with and influence Engineering and Design, write clear specs, and ship high-quality software on a predictable cadence.
- Strong analytical skills and fluency with product and cohort data, with the judgment to know when data is conclusive versus directional.
- Experience working with Risk, Compliance, and Legal to ship products within regulatory constraints, and a track record of treating security, trust, and reliability as core product requirements.
- Strong product sense and the ability to give products a clear point of view and value proposition for a defined customer.
- Proven ability to manage complex cross-functional initiatives and communicate effectively with technical and non-technical stakeholders, including leadership.
- Strong problem-solving skills and a proactive, data-driven approach to product.
- Ability to thrive in a fast-paced, evolving startup environment.
- Bachelor's degree required; advanced degree or relevant technical background preferred.
Full description
Company Description
Novo is a venture-backed fintech that simplifies banking for small businesses. Since our Fall 2018 beta launch, we've expanded offerings from free checking accounts and debit cards to lending products, business tools (invoices, bookkeeping, and more), and , Novo is a powerfully simple banking platform that serves over 250,000 small businesses. In addition to providing smart tools built for entrepreneurs to better run and grow their businesses, Novo has processed billions in transactions in partnership with a number of established banking partners.
Our vision is to be the go-to platform serving small businesses – from launch to everyday – so business owners can focus on growing, while Novo provides seamless money movement, money storage, and access to capital. We'd like to look back 5–10 years from now and know that we helped new generations of small businesses succeed because of the work we did at Novo. Novo raised $170 million in venture capital and is backed by leading investors, including Stripes, Valar Ventures, Crosslink Capital, and Notable Capital (formerly GGV). Learn more at.
Role Description
Novo is seeking a highly experienced and motivated product manager to own and scale our core banking experience — the accounts, money movement, cards, and program infrastructure that power banking for over 250,000 small businesses. This role is critical to ensuring the reliability, usability, and depth of the products at the heart of Novo, supporting our rapidly expanding customer base and business operations. The ideal candidate is a hands-on product leader who can set product direction for complex, regulated financial products, partner closely with Engineering, Design, Risk, and Compliance, and work hand-in-hand with banking partners to ship reliable, secure, high-quality experiences within a dynamic, regulated fintech environment.
Responsibilities
Product Strategy & Leadership
- Own the strategy, roadmap, and execution for Novo's core banking products, including deposit accounts, money movement, cards, and the underlying program infrastructure.
- Develop a clear point of view for each product — defining who it serves, what value it delivers, and why it resonates — so Novo serves the right small businesses deeply rather than building for everyone and no one.
- Serve as a key product partner to the executive team, translating company objectives and customer insight into a prioritized banking roadmap.
- Balance near-term delivery with the platform and product depth investments needed to support long-term growth and retention.
Banking Products & Money Movement
- Own the end-to-end experience for account opening, funding, deposits, and money-movement flows (ACH, wires, transfers, bill pay, and card transactions), partnering with Engineering on the ledger, payments rails, and card systems beneath them.