Sr Product Manager, Banking

We are hiring a Senior Product Manager, Banking to help lead the execution of Avant’s banking products. This role requires prior, hands-on experience launching or operating a digital banking product at a fintech or bank/fintech partnership. This is a strict requirement.
 

You will own major banking workstreams end-to-end, working closely with Engineering, Risk, Compliance, Fraud, Finance, Operations, and external partners (sponsor bank, core processor, networks, vendors). This is not a feature PM role. It is a systems, execution, and ownership role.
 

What you’ll do at Avant:
Own Core Banking Workstreams

• Own and drive major banking domains such as:

  • Account opening and onboarding (KYC, CIAM, eligibility)

  • Money movement (ACH, transfers, funding, limits)

  • Debit card programs (issuance, network certification, lifecycle)

  • Savings and interest mechanics

  • ATM access and cash deposits

  • Fraud, disputes, and Reg E–driven workflows
     

• Translate regulatory, bank, and operational requirements into clear product and execution plans
   

Drive End-to-End Execution

• Define scope, milestones, dependencies, and success criteria for owned workstreams

• Proactively identify risks, gaps, and decision points before they become blockers

• Drive work forward independently without waiting for direction

• Coordinate across Engineering, Risk, Legal/Compliance, Fraud, Finance, Ops, and CX

• Own outcomes, not just artifacts or coordination
   

Partner with Banks and Vendors

• Work directly with sponsor bank partners and core processors

• Support diligence, audits, and ongoing operating procedures

• Help define and maintain bank operating models, escalation paths, and approval flow

• Manage third-party vendors (e.g., KYC, fraud, bill pay, ACH, ATM networks)
   

Ensure Operational and Regulatory Readiness

• Help define and document policies and procedures (money movement, fraud, disputes, account lifecycle)

• Ensure Reg E, BSA/AML, and consumer protection considerations are reflected in product design

• Partner with Operations and Support to ensure the product can be run at scale
   

Contribute to Platform & Membership Strategy

• Collaborate on how banking products integrate with Avant’s broader platform (loans, cards, membership tiers)

• Understand and incorporate unit economics, pricing, and behavioral incentives

• Balance customer experience, risk, and economics in decision-making
   

Why you’re at fit at Avant:

• 7+ years of product management experience

• Direct experience launching and/or operating a digital banking product

•  (checking, savings, debit, money movement, or similar)

• Experience at a fintech or bank–fintech partnership is required

• Hands-on experience working with:

• Sponsor banks

• Core banking platforms or processors

• Card networks (Visa/Mastercard)

• ACH and money movement systems

• Proven track record of end-to-end ownership on complex, cross-functional initiatives

What Will Set You Apart

• You’ve been through at least one real banking launch

• You naturally surface risks and gaps early

• You think in systems, not just features

• You are comfortable making tradeoffs across UX, risk, compliance, and economics

• Stakeholders trust you to own outcomes without constant oversight

This role is based on our downtown Chicago Office, located in the Merchandise Mart. We highly value collaboration and our hybrid schedule (M, T, Th in-office) enables flexibility to balance work and individual priorities.

Compensation Range:

The base salary range for this job is USD $140,000 - USD $180,000/ Year

Employees new to Avant typically come in below the midpoint of the pay range. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities. 

[If an outstanding applicant's experience and skill level is above or below the qualifications outlined in the job posting, we reserve the right to make an offer at a different level than the one listed in this job posting, which may have a different compensation range.]

This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.

Our benefits include:

• Choice of great Medical, Dental, and Vision Insurance Plan options

• 401(k) match

• Flexible Time Off

• Flexible Work Environment - (i.e. Mon/Tues/Thurs in-person)

• Generous Paid Parental Leave, Adoption Assistance and Post-parental leave ramp-up program 

• Lunch Allowance (Fooda) and In-office Snacks

• Summer Fridays 

• Fun In-Office and Virtual Social Events

• And who doesn’t love the swag

Check out our Avant Blog!

We believe that a diverse set of backgrounds and experiences helps us create the most innovative solutions for our customers. We invite you to apply to our positions even if you do not meet 100% of the qualifications listed in the description. If you’re passionate about our mission and aligned to our values, we hope you’ll come contribute to our awesome culture.

Why Avant is the place for you:

At Avant, we believe our values make a difference:

Authenticity. We show up to work as our whole selves and make sure others can too.

Collaboration. We can only succeed when we do so as a team.

Problem-Solving. The harder the problem, the more satisfying the solution.

Customer. We are all owners of the customer experience.

Initiative. Plan. Adapt. Get Sh!t Done.

We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. Avant offers terrific perks and benefits, fun social events with employees who actually like hanging out together, and a flexible growth environment where trying your hand at new projects and being the active owner of your career path is encouraged and supported.

To learn more about how Avant collects and uses your personal information, please see the Avant Privacy Policy.