Jobs · Finance · Michigan

National Head of Digital Deposits

OakNorth · Michigan, United States · 1 wk ago
On-siteFinanceFull-time

About the role

We’re building the future of digital banking, and deposits are at the core of it. As the National Digital Deposit Leader, you will own the end-to-end strategy, execution, and growth of our digital deposit products nationwide.

Responsibilities

  • Own national digital deposit growth across the consumer segment.

  • Design and execute acquisition, activation, engagement, and retention strategies with clear growth targets to rapidly build up to $10M per month, scaling to $100M per month within three years.

  • Develop pricing, promotional, and funding strategies that balance growth velocity with margin and liquidity needs in coordination with the CFO and ALM objectives.

  • Build and iterate on growth models, forecasts, and KPIs to guide decision-making.

  • Lead the end-to-end digital deposit product lifecycle—from concept to launch to optimization.

  • Partner closely with a sister-company’s engineering and design team along with the bank’s core system provider to deliver fast, intuitive digital account opening and funding experiences.

  • Champion experimentation (A/B testing, rapid iteration, MVP launches) to improve conversion and engagement.

  • Drive innovation in features such as instant funding, embedded finance, personalization, and self-service tools.

  • Collaborate with growth marketing to scale performance-based acquisition and lifecycle programs.

  • Leverage analytics to identify drop-offs, optimize funnels, and increase lifetime value.

  • Drive innovation in features such as instant funding, embedded finance, personalization, and self-service tools.

  • Use customer insights and behavioural data to inform product and growth decisions.

  • Partner with Compliance, Risk, Legal, and Banking-as-a-Service (BaaS) partners to ensure deposit products meet regulatory requirements.

  • Build scalable processes and controls that support rapid growth without slowing innovation.

  • Anticipate and manage risks related to fraud, KYC, AML, and liquidity as the platform scales.

  • Lead the internal owner and evangelist for digital deposits.

  • Build, mentor, and inspire a lean, high-performing cross-border team as the company grows.

  • Influence executives and cross-functional leaders with clear strategy, strong data, and decisive execution.

Requirements

  • 8–12+ years of experience in fintech, digital banking, or high-growth financial services.

  • Proven experience scaling digital deposit products in a startup or fintech environment including establishing a brand on a national basis.

  • Strong understanding of deposit economics, pricing, and funding dynamics.

  • Experience working with deposit aggregators, listing services, and other tools to augment direct account acquisition.

  • Hands-on experience with digital account opening, onboarding, and growth funnels.

  • Comfortable operating with ambiguity, speed, and ownership.

Qualifications

  • Experience working with BaaS platforms, sponsor banks, or embedded finance models.

  • Familiarity with modern fintech stacks, APIs, and cloud-based platforms.

  • Prior experience launching or scaling a 0→1 or 1→N deposit product.

Skills

  • Strong analytical and problem-solving skills.

  • Excellent communication and collaboration skills.

  • Ability to work independently and as part of a team.

  • Experience with data-driven decision making.

Benefits

Commensurate with experience.

Pay

TBD

Schedule

TBD

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