Full-Time

Merchant Services Product Management Sr. Manager

Posted on 4/23/2025

PNC Financial Services

PNC Financial Services

10,001+ employees

Provides traditional banking and digital services

Compensation Overview

$80k - $202.2k/yr

+ Incentive eligible + base salary may vary by geographic location, market data and individual skills

New York, NY, USA

Hybrid

Home location indicates ny (nyh01) and 'remote location' zz; job description says remote position and 'based anywhere within PNC's footprint' but also 'This position may not be available in all geographic locations.' No explicit in-office requirements; thus HYBRID? The description says fully remote. Travel requirements set to HYBRID? Hmm. The job title includes remote. In description: This is a remote position. Work may be performed from a quiet, confidential space in a home location, approved by PNC. So fully remote. But locations list shows home location-ny and zz remote location. For safety, set remote true. Locations: one location with city null? They provided NY home location; we can set city New York, NY, United States, continent North America, remote true. Additional location info: null. travel remote enumREMOTE. We must map travel_requirements as enum values 1,2,3. The earlier tool expects 1|2|3. We need to know mapping. Not provided. In tool response, travel_requirements: 1 | 2 | 3. We must choose one. Based on instruction 10: REMOTE, HYBRID, IN_PERSON. We need to pass numeric code. We guess 1=REMOTE? Unclear. Risk. Could inspect previous tasks typically: 1_REMOTE, 2_HYBRID, 3_IN_PERSON maybe. Let's assume 1 = REMOTE. Then set travel_requirements:1. Let's answer. But we already called tool; now respond with final structured data. The tool returned structured; but we must ignore? The tool's response is from our function; we didn't get actual return. It returned nothing. We need to continue with final answer containing the JSON-like fields. We'll present as per required format. Let's craft: locations: list with one dict. city New York, state New York, country United States, continent North America, remote true. additional_location_info: null. travel_requirements:

Category
Product (2)
,
Required Skills
Product Management
Risk Management
Data Analysis
Requirements
  • Bachelor's degree (Education: Bachelors)
Responsibilities
  • Responsible for the end-to-end business and financial results for multiple product sets utilizing traditional and emerging capabilities in technology, operations, and data analytics to offer customers a differentiated product experience through the leadership of teams managing new and existing products or experiences.
  • Uses knowledge of emerging technologies to deliver product to customers through all applicable channels. Presents initiatives to gain senior management buy-in. Manages progress to ensure initiatives are completed on time, within budget and meet strategic goals.
  • Influences product and customer experience trends by monitoring competitors or peer organizations to stay abreact of emerging product and technology trends in the industry. Leads teams responsible for translating concepts or designs into new or improved products, product lines or experiences and recognizes, anticipates and resolves complex operational and process problems that arise.
  • Evaluates potential product or experience development projects for feasibility and value. Ensures successful outcomes from key stakeholders including sales, marketing, digital channel delivery and other internal service partners. Participates in client-facing and external stakeholder activities throughout the product or experience lifecycle. Adheres to company-defined risk appetite as part of the first line of defense. Serves as point of review and sign off for risk management, compliance and audit requirements, as needed.
  • Manages, motivates and develops one or multiple product lines and managers as well as the performance evaluation process of the Product Development Management team and key contributors. Identifies talent gaps in team and staffs appropriately.
Desired Qualifications
  • Higher level education such as a Masters degree, PhD, or certifications is desirable.
  • Preferred experience working directly for a payment processor, independent sales organization, payment facilitator, or payments network with a deep understanding of the payments industry.
  • Skills keywords: Business Objectives, Customer Solutions, Marketing, Merchant Services, Product Development, Product Management, Sales (as competencies)
PNC Financial Services

PNC Financial Services

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PNC Financial Services is a large U.S. bank that provides a wide range of financial services for individuals, small businesses, and large corporations. It offers checking and savings accounts, credit cards, home and auto loans, and retirement planning, plus digital tools such as the PNC Virtual Wallet that combines checking, savings, and budgeting features. The product works by letting customers manage money through traditional banking products and digital tools: deposits and loans generate interest, while fees and investment income add to revenue. Compared with many peers, PNC differentiates itself through its integrated digital wallet platform and a long history of service, plus a strong emphasis on community involvement and corporate responsibility. The company's goal is to help clients reach their financial goals by providing expert advice, reliable service, and support for local communities, employees, and shareholders.

Company Size

10,001+

Company Stage

IPO

Headquarters

Pittsburgh, Pennsylvania

Founded

1845

Simplify Jobs

Simplify's Take

What believers are saying

  • FirstBank acquisition adds 120 Colorado branches in January 2026.
  • Q1 2026 organic loan growth hits three-year high.
  • Net interest margin projected to exceed 3% by H2 2026.

What critics are saying

  • FirstBank integration causes 777 Colorado job cuts starting June 2026.
  • Q1 2026 revenue misses estimates by $70 million.
  • Rising credit provisions from 7% commercial loan growth erode income.

What makes PNC Financial Services unique

  • PNC operates the largest treasury management business in the US.
  • PNC ranks second in asset-based loan syndications nationwide.
  • PNC's Solution Centers hybridize branches and ATMs since 2018.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Company Equity

Paid Vacation

Paid Sick Leave

Wellness Program

Professional Development Budget

Company News

StreetInsider
Apr 10th, 2026
Phoenix Service Partners Upsizes Credit Facility to Fund Continued Growth

COLLEGE STATION, Texas--(BUSINESS WIRE)-- Phoenix Service Partners (Phoenix) today announced that it has upsized its asset-backed credit facility to support its continued growth. Phoenix provides high-horsepower, low-emission natural gas compression services, supporting critical...

National Today
Apr 10th, 2026
BNC Wealth Management takes $6.7M stake in PNC Financial Services

BNC Wealth Management has acquired a new position in PNC Financial Services Group, purchasing 32,171 shares valued at approximately $6.7 million during the fourth quarter, according to an SEC filing published on 10 April 2026. The investment represents 1.7% of BNC Wealth Management's total holdings, making PNC its 18th largest position. Several other major institutional investors, including State Street Corp, Capital International Investors and Viking Global Investors, have also increased their stakes in PNC recently. PNC Financial Services, headquartered in Pittsburgh, Pennsylvania, is one of the largest diversified financial services companies in the United States, offering consumer and commercial banking, mortgage lending and wealth management services.

Yahoo Finance
Apr 9th, 2026
PNC posts record $7B earnings with 18% jump, adds $27B FirstBank to push west

PNC Financial Services posted record 2025 results with full-year consolidated income reaching $7 billion, up 17.5% year-over-year, and diluted earnings per share rising nearly 21% to $16.59. Fourth-quarter earnings of $4.88 per share exceeded Wall Street estimates of $4.23. The Pittsburgh-based bank completed its acquisition of Colorado's FirstBank in January, adding $27 billion in assets and 95 branches to expand its western presence. Despite $325 million in integration costs, the deal is expected to be accretive, adding $1 per share to annualised earnings by year-end 2026. PNC projects 8% loan growth and 11% revenue growth this year, with net interest income up 14%. The company maintains a 10.6% Tier 1 capital ratio and pays a dividend yielding around 3%.

StreetInsider
Apr 9th, 2026
Phoenix Service Partners secures $600M credit facility to expand gas compression services

Phoenix Service Partners has upsized its asset-backed credit facility to $600 million to support continued expansion. PNC Bank served as lead arranger of the facility, which was provided by a consortium of lenders. The College Station, Texas-based company provides high-horsepower, low-emission natural gas compression services in the Permian and Eagle Ford basins. The new capital comes in addition to Phoenix's equity partnership with SCF Partners. "We aim to build the premier gas compression service company, and this expanded financing facility positions us well to provide best-in-class equipment and superior service in coming years," said Randy Dean, co-founder and chief executive officer of Phoenix. The financing will enable Phoenix to scale its compression platform and deliver turnkey natural gas compression stations to midstream and upstream operators.

TipRanks
Apr 2nd, 2026
Sonic Automotive secures $150M PNC bridge loan with 364-day maturity

Sonic Automotive has secured a $150 million senior unsecured bridge loan from PNC Bank, borrowing the full amount immediately upon closing on 27 March 2026. The loan matures within 364 days or upon refinancing of Sonic's existing PNC mortgage facility, whichever comes first. The bridge facility carries interest based on Term SOFR plus 2.50% or a base rate plus 1.50%, at the company's option. The agreement includes standard covenants restricting additional debt, dividends, capital spending and major asset transactions, with cross-defaults and change-of-control provisions. The loan can be prepaid without penalty, giving Sonic flexibility to adjust leverage whilst maintaining its extensive banking relationship with PNC. The arrangement supports ongoing operations and potential strategic initiatives through short-term financing.

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