Senior Product Leader, Small Business Payments

U.S. Bank; New York (NY); On-site; USD 150,000 - 176,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Short-term and long-term disability

Pregnancy disability and parentalLeave

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is recruiting a Senior Product Manager to lead Elan Financial Services’ Small Business card portfolio, partnering with FI networks and internal teams to drive growth, risk management, and innovation.

The role focuses on multi-year strategy, cross-functional execution, and transforming digital origination and servicing to deliver sustainable profitability across partner ecosystems.

Qualifications

• 10+ years of progressive leadership experience with full P&L accountability and demonstrated delivery of measurable growth outcomes
• Deep experience in payments, credit cards, or small business financial services; partner-based or co-brand/agent issuing experience strongly preferred
• Strong understanding of the Small Business segment, including customer needs, competitive dynamics, and emerging trends
• Proven ability to scale businesses through partner ecosystems and indirect distribution models
• Experience leading large, cross-functional transformation initiatives, including digital and technology-enabled change
• Strong strategic orientation with the ability to translate strategy into executable plans and deliver results at pace
• Executive presence with the ability to influence senior stakeholders internally and externally, including FI partner executives
• Track record of building and leading high-performing, diverse teams in a complex, matrixed environment
• Strong financial and analytical acumen, with disciplined approach to investment, pricing, and portfolio management
• Results-driven, with a bias for action and accountability; operates with urgency and ownership
• Skilled in navigating ambiguity, aligning stakeholders, and driving decisions across competing priorities
• Deep appreciation for risk management, compliance, and operating within a highly regulated environment

Responsibilities

• Set and Drive Small Business Strategy Develop and execute a clear, multi-year strategy for Elan’s Small Business portfolio - aligned to enterprise priorities and tailored to the FI partner model. Define where Elan will win, how it will differentiate, and the capabilities required to scale.
• Deliver Profitable Growth Through Partners Own and drive P&L performance, accelerating account growth, spend, and retention across the partner base. Identify whitespace opportunities, expand penetration within existing partners, and enable new partner acquisition in targeted segments.
• Lead the Partner-Centric Growth Model Strengthen Elan’s value proposition to financial institution partners - embedding Small Business as a core component of the broader relationship. Drive alignment with partner executives to co-create growth plans and deliver shared outcomes.
• Advance Product and Digital Innovation Lead the development and evolution of Small Business card products, including digital-first capabilities, differentiated rewards/value propositions, and integrated solutions that meet the evolving needs of small business owners.
• Drive Interconnected Growth Across PCS Partner closely across PCS and U.S. Bank (e.g., Small Business Banking, Treasury, Merchant, Consumer) to unlock cross-sell and ecosystem value. Champion an interconnected strategy that maximizes franchise value.
• Lead Transformation and Execution Drive key transformation initiatives impacting Small Business - including digital origination, servicing modernization, and data/analytics capabilities. Ensure disciplined execution with clear milestones and outcomes.
• Build and Lead a High-Performing Team Attract, develop, and retain top talent and foster a performance-driven, accountable culture aligned with Elan’s values.
• Ensure Strong Risk and Governance Discipline Operate within U.S. Bank’s risk appetite while enabling growth. Ensure adherence to all regulatory, compliance, and risk management requirements, and proactively identify and mitigate emerging risks.

Skills

Leadership with P&L accountability

Payments & small business experience

Partner-based growth

Strategic planning

Executive stakeholder influence

Cross-functional collaboration

Financial and analytical acumen

Transformation leadership

Team building and mentoring

Risk and governance awareness

Job description

U.S. Bank is recruiting a Senior Product Manager to lead Elan Financial Services’ Small Business card portfolio, partnering with FI networks and internal teams to drive growth, risk management, and innovation.

The role focuses on multi-year strategy, cross-functional execution, and transforming digital origination and servicing to deliver sustainable profitability across partner ecosystems.