About the Role
The Head of Banking runs Tyro’s banking business, overseeing the P&L, strategy, product design, customer experience, and go-to-market initiatives. This role involves leading a team of product managers and collaborating with technology, growth, and risk teams to expand the banking business.
Responsibilities
- Own the banking business unit P&L, driving gross profit, managing costs, and building multi-year financial plans.
- Define the banking proposition, including products, sequence, and customer segments.
- Stress-test and refine the existing plan using experience, market insight, customer data, and commercial analysis.
- Identify high-impact product bets and maintain focus amidst competing priorities.
- Define the product strategy for the banking proposition, including value proposition, target segments, and commercial priorities.
- Collaborate with Marketing and Sales teams to integrate product priorities into positioning, go-to-market planning, and campaign development.
- Provide product insights and subject matter expertise to support campaign strategy, messaging, and channel approach.
- Lead a team of 3–5 product managers responsible for building and optimizing digitally-driven banking products.
- Set the standard for product quality, prioritization, user journey design, and outcome measurement.
- Collaborate within the Product team and across Tyro to deliver a coherent, integrated customer experience.
- Provide regular performance updates to senior leadership based on defined product and commercial metrics.
- Present the banking strategy, performance, and outlook to the board and executive leadership team.
- Build strong relationships with risk, compliance, finance, and GTM leads, influencing outcomes across functions.
- Represent the banking business internally and externally with clarity, credibility, and conviction.
- Oversee relationships and contracting with third-party partners for the digital strategy.
Requirements
- Proven experience owning a banking or fintech P&L, ideally in a challenger or growth context.
- Deep familiarity with retail or SME banking products (deposit products, lending, transaction accounts).
- End-to-end banking literacy, including understanding risk, compliance, treasury, and operations.
- Strategic marketing experience in financial services, including building and executing a growth strategy.
- Product leadership experience, understanding great digital products and user journeys.
- Strong commercial acumen, including experience building and defending multi-year budgets.
- Experience using data to drive prioritization and investment decisions.
- Executive presence with a highly collaborative approach.
- Ability to present to and push back in a boardroom.
- Ability to influence and align senior stakeholders across functions where direct authority is not held.
Skills
- Banking Strategy
- P&L Management
- Product Design
- Customer Experience
- Go-to-Market Strategy
- Product Management
- Financial Analysis
- Commercial Analysis
- Marketing Strategy
- Stakeholder Engagement
- Risk Management
- Compliance
- Treasury Operations
Location
- Australia
Work Type
- Hybrid
- Full-time
Experience Level
- Head of Banking
- Senior Leadership
Benefits
- Learning and career development opportunities
- 18 weeks paid primary carers leave
- 12 weeks paid secondary carers leave
- Annual team-based volunteer day
- Birthday Leave
- Power Up Day
- Weekly team social events
- Mental health and wellness initiatives
- Novated leasing
About the Company
- Tyro provides integrated payments, banking, and lending solutions to Australian businesses.
- With over 21 years of experience, Tyro combines people, technology, and partners to deliver simplified payments and seamless business banking.
- Tyro powers over 76,000 merchants and works with almost 800 partners across hospitality, retail, services, and health sectors.
- Tyro is committed to the success of its people, fostering a collaborative, fast-paced, and innovative environment.
- The company values include commit to greatness, stay hungry, wow the customer, be good, and win together.
- Tyro offers opportunities for career growth and the chance to make a significant impact.
Equal Opportunity
- Tyro is committed to a diverse, inclusive workplace where everyone thrives.
- We welcome applicants of all backgrounds and are an equal opportunity employer.
- If you need accommodations or adjustments at any stage of the recruitment process, inform our Talent team.
