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Payments Product Manager

Payments Product Manager

NY StaffingJersey City, NJ, US
6 hours ago
Job type
  • Full-time
Job description

Payments Product Manager

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

This job is responsible for maximizing the value for one or more products. Key responsibilities include working with stakeholders to understand their needs, and with product owners or specialists to ensure they are aligning on priorities. Job expectations include ensuring delivery of products that meet client expectations, including features, security, availability, resiliency, timelines and costs.

Responsibilities include :

  • Generating the vision and roadmap for the program based on customer requirements, industry trends, regulations, and the strategic direction for the business or technology domain
  • Communicating the program vision and roadmap to stakeholders, product owners and the teams
  • Overseeing the budget(s) for one or more products by working closely with finance partners on both personnel and non-personnel expenses
  • Providing input into defining business capabilities and aligning them to products or creating new products to support them
  • Ensuring product availability by partnering closely with demand and capacity teammates
  • Developing business cases for new products and additional features for existing products
  • Partnering with the product owners and the teams to ensure that optimum value is obtained through technology and subject-matter expertise and understanding of the business and industry trends

We are seeking a highly experienced and technically proficient Payments Product Manager to join our team in building a next-generation wire payment processing platform. This role is responsible for maximizing the value for one or more products, at the program level in a scaled Agile model.

Key responsibilities include :

  • Defining the vision and roadmap for their products, defining and prioritizing the features / epics in the program backlog, and articulating this to both stakeholders and development teams
  • Working closely with stakeholders to understand their needs, and with Products Owners to ensure they are aligned on priorities
  • Supporting and collaborating with the Portfolio Product Executive on financials throughout delivery
  • Being experts of the products, business or technology domain, and the industry in which the product competes
  • Demanding a strong understanding of payment systems including Wire, ACH, and RTP, and the ability to lead teams through complex technical challenges
  • Required qualifications include :

  • Ten years as a US Wires expert
  • Creating the vision and roadmap for the program based on customer requirements, industry trends, regulations, and the strategic direction for the business or technology domain
  • Communicating the program vision and roadmap to stakeholders, Product Owners and the teams
  • Overseeing the budget(s) for one or more products
  • Providing input into defining business capabilities and aligning them to products or creating new products to support them
  • Articulating the business value to Product Owners so they understand product and strategy; ensuring alignment across product roadmap to achieve portfolio objectives
  • Creating and prioritizing features / epics in the program backlog; empowered to make decisions about trade-offs with emerging work versus planned work
  • Refining features / epics with the Product Owners to ensure there is enough "ready" work for the upcoming 1-2 quarters
  • Reviewing and accepting features / epics and is empowered to make on-the-spot decisions on scope and requirements
  • Working in partnership with the Product Owners and the teams to ensure that optimum value is obtained through technology and through an advanced understanding of the business and industry trends
  • Desired qualifications include :

  • Domain expertise in payment systems including Wire, ACH, RTP
  • Knowledge of ISO 20022 messaging standards
  • Exposure to event-driven architecture and distributed systems
  • Understanding of regulatory and compliance requirements in financial services
  • Knowledge of financial products data such as Equities, Fixed Income, and Derivatives
  • Agile / Scrum certification or experience working in agile environments
  • Skills include :

  • Financial Management
  • Influence
  • Solution Delivery Process
  • Stakeholder Management
  • Technical Strategy Development
  • Agile Practices
  • Analytical Thinking
  • Collaboration
  • Result Orientation
  • Risk Management
  • Business Acumen
  • Business Case Analysis
  • Data Management
  • Solution Design
  • Vendor Management
  • Shift : 1st shift (United States of America) Hours Per Week : 40

    Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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    Product Manager • Jersey City, NJ, US

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