Deposit Product Manager
Hauppauge, New York
Job Id:
159818
Job Category:
Job Location:
Hauppauge, New York
Security Clearance:
No Clearance
Business Unit:
Piper Companies
Division:
Piper Enterprise Solutions
Position Owner:
Mark McMullen
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 of the Deposit Product Manager include:
• 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 for the Deposit Product Manager include:
• 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 for the Deposit Product Manager includes:
• 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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Keywords:
Deposit Product Manager, Deposit Strategy, Retail Banking, Credit Union Products, Checking Accounts, Savings Accounts, Money Market, Certificates of Deposit, Product Management, Product Lifecycle, Deposit Pricing, Truth in Savings, Reg D, Reg E, UDAAP, Digital Banking, Account Opening, Portfolio Analytics, Member Experience, Financial Services Product Manager, Hauppauge Jobs, Long Island Banking Roles