Bread · 10 hours ago
Principal Account Manager - Sponsor Bank
Indiana, United States
Full-time
Onsite
Senior Level, Lead/Staff
$108K/yr - $196K/yr
12+ years expBread Financial is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions. The Principal Account Manager - Sponsor Bank is responsible for managing relationships with Fintech partners, ensuring compliance with bank policies, and driving partner success to support business profitability.
Consumer LendingFinancial ServicesFinTech
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, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability)
Six weeks of 100% paid parental leave for eligible parents
Immediately enroll in Bread Financial’s 401(k) plan
11 paid holidays
Flexible Time Off (FTO) program
80 hours of Paid Sick and Safe Time (“PSST”) upon hire
40 hours of Illinois PSST upon hire
40 hours of Illinois Paid Leave upon hire
Purchase company stock during offering periods in June and December
Annual incentive bonus based on individual and company performance
Company
Bread
Bread partners with retailers to offer pay-over-time solutions that make financing easier and more transparent.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$200.3MKey Investors
KinnevikMenlo VenturesBessemer Venture Partners
2020-10-29Acquired
2018-09-18Series Unknown· $60M
2017-08-02Series B· $126M
Recent News
2025-10-02
2025-03-16
Company data provided by crunchbase