Director, Oaken Financial & Consumer Deposits

Fairstone Bank

Base: $155,000 - $180,000; bonus: annual incentive...
Hybrid
10+ years product management experience
Consumer deposit domain expertise
P&l accountability for retail banking
This role leads Fairstone Bank's direct-to-consumer deposit business, Oaken Financial, defining the long-term strategy for savings products and money movement capabilities

Job Summary

  • This role leads Fairstone Bank's direct-to-consumer deposit business, Oaken Financial, defining the long-term strategy for savings products and money movement capabilities.
  • The successful candidate will manage financial results, set consumer deposit pricing strategies, and lead a team of approximately 10 FTE across product and channel management.
  • The position offers a competitive base salary between $155,000 and $180,000 plus an annual incentive bonus tied to performance.

Matching Summary

This role leads Fairstone Bank's direct-to-consumer deposit business, Oaken Financial, defining the long-term strategy for savings products and money movement capabilities.

Salary

Base: $155,000 - $180,000; Bonus: Annual incentive bonus tied to performance; Benefits: Comprehensive health/dental, 7% retirement match, wellness days

Skills & Requirements

Must-have

  • 10+ years product management experience
  • Consumer deposit domain expertise
  • P&L accountability for retail banking
  • Money movement capabilities knowledge
  • Team leadership of 10+ FTE
  • Regulatory compliance in banking

Nice-to-have

  • MBA or CFA designation preferred
  • Experience with Open Banking frameworks
  • Familiarity with Real-Time Rail (RTR)
  • Broker pricing dynamics understanding
  • Digital banking transformation experience

Key Requirements

  • Bachelor's degree required; MBA/CFA preferred
  • 10+ years relevant experience in product management
  • Proven P&L accountability in consumer deposits
  • Experience leading cross-functional product teams
  • Deep understanding of consumer deposit economics

Work Rights

Not specified

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