Product Manager Payments Job Description
Product Manager Payments Duties & Responsibilities
To write an effective product manager payments job description, begin by listing detailed duties, responsibilities and expectations. We have included product manager payments job description templates that you can modify and use.
Sample responsibilities for this position include:
Product Manager Payments Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Product Manager Payments
List any licenses or certifications required by the position: ISO, EMV, AAP
Education for Product Manager Payments
Typically a job would require a certain level of education.
Employers hiring for the product manager payments job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, MBA, Computer Science, Management, Marketing, Finance, Engineering, Technical, Technology, Education
Skills for Product Manager Payments
Desired skills for product manager payments include:
Desired experience for product manager payments includes:
Product Manager Payments Examples
Product Manager Payments Job Description
- Provide analytical insight and assistance to CyberSource Sales with strategies to drive merchant revenues and transaction growth
- Maintain, communicate and execute against a prioritized product roadmap for an integrated payment processing strategy for Authorize.net and CyberSource
- Own key aspects of the roadmap (including, but not limited to, feature prioritization, release scoping and planning, requirements definition, and financial justification) and ensure alignment across teams, business unit, and enterprise strategy
- Create business cases, market requirements documents, and financial proformas to sell in product initiatives and enhancements to executive team
- Lead the discovery process to understand customer needs and requirements
- Provide end-to-end business program management support/guidance for business projects and initiatives, changes to existing products and changes to infrastructure
- Formulate policies & processes for effective governance of business programs to meet business objectives and ensure compliance of applicable regulations
- Devise mechanisms for control, performance monitoring, and reporting to internal stakeholders regulatory reporting, wherever applicable
- Investigate and draft cost / benefit analysis and business requirements showcasing potential solutions for business initiatives to align with regulatory requirements
- Assist in the development of test plans for related new product launches and related compliance testing
- Domain expertise in online payment systems
- Advanced degree in Economics, Finance, Mathematics, or equivalent
- Bachelor's degree in business, marketing, or computer science and/or related field required
- Domestic processing network and POS terminal knowledge is plus
- Finance particularly Free Cash Flow forecast/Net Present Value (working)
- Advance Excel skills (Pivot tables/Macro) a plus
Product Manager Payments Job Description
- Develop and communicate a bold vision for the product
- Lead the development of the product strategy and vision for our payment technology products
- Define product roadmaps based on the strategy and vision
- Develop detailed, crisp business requirements and user stories that can be used to create product specifications and architecture for each product
- Document and maintain a roadmap and prioritized product backlog
- Pull and analyze data to drive decisions based on data, not assumptions
- Analyze business processes, identify areas for improvement, and design solutions to challenging payment use cases
- Work with a global network of partners, including payment processors, card brands, and service providers
- Plan and meet various project milestones
- Manage several P0 revenue-critical projects in parallel
- Knowledge and experience of EMV, P2PE, understanding of POS hardware connectivity to payment gateways
- Ability to identify, document and prioritize use cases and product functionality requirements for the execution of a cohesive product offering
- Strong desire and ability to be comfortable and confident presenting to clients and at conferences
- Demonstrated ability to work with large, cross-functional
- Over 3 years of experience in delivering successful and innovative consumer internet products with your fingerprints all over them — you’re proud of what you’ve accomplished
- Stellar design instincts and product taste with a thoroughly user-centered approach
Product Manager Payments Job Description
- Oversees the life cycle of responsible platform products from inception to sunset
- Documents products, features, and enhancements and works with product marketing and other functions to produce internal and external facing product collaterals
- Works with industry and network compliance teams to ensure regulatory and compliance requirements are met
- Brings market and strategic perspective in prioritizing work on the core platform
- Acts as a subject matter expert on core payment platform capabilities
- Overseeing quality of service and support provided by Digital Client Support teams, who are responsible for multiple Digital processing platforms
- Listening to and critiquing client support calls
- Reviewing and evaluating client support and loyalty survey feedback related to Client Support
- Report new or reoccurring problems to Product Management and/or Management teams for systemic resolution
- Maintaining team training and process documentation for internal use on SharePoint site
- Good understanding of platform service models, including Platform as a Service (PaaS)
- Experience with Web Services and Service Oriented Architectures (REST APIs)
- 5+ years' experience with software or technology product management and/or development
- Exceptional marketer with a passion for the customer
- Desire to own a P&L, lending experience preferred
- Strong relationship and communication skills with an outstanding track record in influencing
Product Manager Payments Job Description
- Research competitive products & features market trends/needs
- Collaborate with operations and business technology to write product requirements for development
- Work jointly with operations to lead the end-to-end development process through launch
- Coordinate marketing, sales, and training material initiatives for existing and new products with the DCI marketing team
- Manage product P&L, define key measurements of success for ongoing tracking and improvement
- Serve as the product owner of the checkout experience, payment systems and the associated flows
- Collaborate with internal teams and customers to gather and assess existing product development and enhancement opportunities new product concepts and ideas
- Manage R&D budgets, program costs, forecasts, metrics and measures
- Developing the strategy and roadmap for implementing emerging payment technologies
- Working as the product owner with agile development teams, set development priorities and translate product inputs into well-defined requirements
- Comfort with the regulatory environment
- Experience in designing and launching payment systems for digital products
- Typically requires a minimum of 7 to 10 years of experience in the financial services industry (preferably in payments)
- Knowledge of financial services industry and associated products, preferably payments
- Knowledge of basic IT technologies
- Have excellent written and oral communication and presentation skills and the ability to express thoughts logically and succinctly
Product Manager Payments Job Description
- Communicate business objectives and requirements to both onsite and offshore development teams clearly and effectively
- Manage the release process by working with Marketing to plan customer communication, training internal teams on the new capabilities, and capturing key business metrics post-launch
- Establish product direction for the products, including product line extensions and target markets supported by associated business cases and related financial analysis
- Interview and meet with customers to better understand the market and market problems
- Prioritize and validate customer needs and requests for product changes & enhancements
- Track industry trends, product segment growth, market spend, and market share
- Create and implement annual product plans and roadmaps including new products/enhancements to expand service offering, drive revenue, and increase profitability
- Oversee the product through all stages of the product’s life cycle, including the inception, elaboration, construction, transition, and support phases
- Actively participate with product development teams to define product requirements, specifications and acceptance testing criteria
- Collaborate with various departments to ensure product deployment, go-to-market and quality goals are defined, achieved and maintained
- Participates in civic activities to promote growth and development in the community and a positive image for the Company
- 4-year degree or the equivalent combination of education and work experience
- 5+ years of related product (debit and/or credit card) and payments experience required
- Sound understanding of payment innovations and implementation approaches
- Demonstrated experience and success in product development, marketing, and emerging technologies in a financial/banking environment
- Excellent communication, problem-solving and decision making skills with ability to effectively communicate with senior managers