Piermont Bank · 18 hours ago
Director of Cards for Embedded Banking
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$200K/yr - $250K/yr
10+ years expPiermont Bank is a digital commercial bank focused on serving fast-growing companies. The Director of Cards for Embedded Banking will lead the development and implementation of credit card products integrated into non-financial platforms, managing end-to-end card lifecycles and driving transaction volume and revenue.
BankingCommercialCommercial Real Estate
Responsibilities
Lead the immediate as well as long term long‑term roadmap, and market positioning for the Bank’s embedded card products, including co‑brand, affinity, and integrated partner programs
Own the P&L for embedded card programs, including revenue forecasting, expense management, pricing, interchange optimization, and rewards strategy
Originate embedded banking relationships for card use. Own relationships with card networks, BaaS providers, processors, and technology partners, ensuring strategic alignment and operational excellence
Negotiate agreements, including economics, incentives, SLAs, and marketing commitments, to maximize program value and ensure long‑term scalability and profitability
Lead technical architecture decisions related to card issuance, ledger operations, digital wallets, and embedded finance capabilities
Guide API integration strategies with internal engineering teams and external technology partners to ensure secure, efficient, and compliant connectivity
Evaluate and optimize performance across activation, engagement, retention, fraud losses, customer satisfaction, and operational KPIs
Drive governance routines, audits, and control enhancements in alignment with internal policies and evolving regulatory requirements
Qualification
Required
Bachelor's degree in Business, Finance, Computer Science, Engineering, or related field preferred
10 years of experience in product management, card issuing, embedded finance, payments, or related financial services roles
Deep expertise in card programs (credit, debit, prepaid, co‑brand, or embedded card issuance), including lifecycle management, economics, and compliance requirements
Proven track record launching and scaling card or embedded financial products in partnership with networks, processors, and BaaS platforms
Demonstrated success managing complex technical integrations, including APIs, tokenization, digital wallet enablement, and card platform infrastructure
Experience owning or heavily influencing P&L, unit economics, card interchange strategy, and performance metrics
Ability to define and articulate long‑term product direction
Excellent communication skills; able to effectively engage senior leaders, regulators, and external partners
Ability to manage competing priorities in a fast‑paced, evolving environment
Benefits
A bonus and/or long-term incentive units may be provided as part of the compensation package, in addition to the full range of medical, financial, and/or other benefits, dependent on the level and position offered.
Company
Piermont Bank
Piermont Bank provides an unprecedented experience that blends banking and agile startups.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Wendy Cai-Lee
Founder, CEO, President & Board Director
Rodrigo Suarez
Chief Banking Officer
Recent News
Crowdfund Insider
2025-10-28
Bank Innovation
2025-10-21
2025-09-24
Company data provided by crunchbase