Bread Financial · 9 hours ago
Principal Account Manager - Sponsor Bank
Bread Financial is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions. The Principal Account Manager - Sponsor Bank serves as the key liaison for the company's relationships with Fintech partners, managing all relationship phases to ensure partner success and support business profitability.
BankingCredit CardsFinancial ServicesPersonal Finance
Responsibilities
Build direct relationships with key leadership at each partner. Ensure Center of Excellence team is adequately supporting the relationship between the partner and the bank and that policies and procedures are being managed within the Bank’s expectations and contractual obligations. Act as the first point of escalation for the partner. - (30%)
Collaborate with Bread Financial leadership to develop and implement strategies to ensure assigned partners and overall line of business are successful. Responsible for oversight of Fintech partner(s) to ensure acting according to Bank procedures and policies. Ensure corrective actions are taken with Partners as required. - (25%)
Understand the various risk pillars associated with the Sponsor Bank program and vigorously ensure risk mitigants are in place and meeting expectations. Proactively communicate with leadership as appropriate to ensure program is meeting expectations for the Bank’s risk policies and tolerances. - (20%)
Maintain awareness of the market conditions and the impact on the business, adjusting strategies and tactics as needed. Maintain or enhance communication with partners, suppliers, etc. to ensure necessary components are in place to provide superior service and strive for continuous improvement. - (15%)
Proactively identify opportunities for revenue expansion and cost savings alongside Finance, Risk, Product, IT and other partners. Understand the impact of each line item within the P&L relative to the performance of the Sponsor Bank program. - (10%)
Qualification
Required
High School Diploma or GED
12+ years experience in Financial services, bank, partner management, compliance, fintech or bank funding operations, marketing
Preferred
Bachelor's Degree in Business Administration, Marketing, Finance or related field of study
15+ years experience in Financial services, bank, partner management, compliance, fintech or bank funding operations, marketing
5+ years managerial experience in a multi-level organization with experience building business solutions for organizations
Benefits
Medical
Prescription drug
Dental
Vision
Basic and optional life insurance
Supplemental medical plans
Short and long-term disability
Six weeks of 100% paid parental leave
401(k) plan
11 paid holidays
Flexible Time Off (FTO) program
Paid Sick and Safe Time (“PSST”)
Illinois Paid Leave
Purchase company stock during offering periods
Annual incentive bonus based on individual and company performance
Company
Bread Financial
Bread Financial is a financial services company.
Funding
Current Stage
Public CompanyTotal Funding
$2.17B2025-11-20Post Ipo Equity· $72.64M
2025-10-28Post Ipo Debt· $500M
2025-03-05Post Ipo Debt· $400M
Recent News
2026-01-13
2026-01-13
Investor's Business Daily
2026-01-13
Company data provided by crunchbase