Job#: 2053703
Job Description:
Apex Systems is a world class technology services business that incorporates industry insights and experience to deliver solutions that fulfill our clients' digital visions.Apex has an opportunity for anInstant Payments Product Manager. For applicants who are interested in thisopportunity, send your updated resume toKevin Durkin at [email protected].
Position:Instant Payments Product Manager
Location: Remote (hybrid onsite in Boston, MA is preferred)
Rate: $95 - $115/hr depending on experience
Duration: 6+ Months; Strong potential for extension
Position Overview:
Our client in the commercial banking industry is seeking an Instant Payments Product Manager (IPPM) who will be responsible for developing and delivering new payment types or processes in line with industry developments, competitor developments, and the needs of clients.
The primary products that the IPPM will oversee are domestic US instant payment capabilities that include The Clearing House Real Time Payments system (RTP) and the Federal Reserve's FedNow system. Additionally the IPPM will cover cross-border instant payments solutions, such as IXB, as/when these gather industry momentum.
The IPPM develops and executes payment strategies in conjunction with the Head of Transaction Banking Product Management, payments partners in the CBB/Digital, Commercial and CIB Lines of Business, as well as functional partners including IT, Operations, Marketing, Risk, Compliance and strategic third party providers (such as PagoNxt).
Duties and Responsibilities:
* Assist in the development of a strategic product roadmap for instant payments that supports the needs of our clients, is on par with or distinguished from competitor offerings, and is aligned with the strategic plans of SBNA. This includes developing business cases in support of the strategic goals.
* Develop product specifications and business requirements for new products to deliver the strategic product roadmap, with initial focus on RTP.
* Manage the implementation and launch of RTP and FedNow to support US market clients.
* Understand and actively manage the risks associated with instant payments products.
* Actively manage the P&L of instant payments products, ensuring full visibility to costs and ROI.
* Where appropriate, explore other emerging payments opportunities, including services leveraging blockchain and/or digital assets and near-term, innovative approaches as interim solutions.
* Understand deeply how our clients use our products, and how we deliver value for them.
* Understand the capabilities of our bank and non-bank competitors, and deliver product strategies that position us favorably in the market.
* Work with Marketing partners to build effective market launch / go-to-market programs
* Build strong relationships with client-facing teams to ensure they fully understand the value of our payments products and how to position them with clients
* Leverage data analysis and market intelligence to bring new ideas forward.
* Align closely with Client Service & Onboarding to build and maintain a strong client experience.
* Identify, research and develop other payment products and channels as they emerge
Qualifications:
* A minimum of a Bachelor's degree required
* 5-10 years Product Management experience and technology (e.g. online channels, Transaction Banking/Payments)
* Deep understanding of RTP and FedNow requirements, operating rules, and format specifications
* Experience translating client needs into business and technical requirements.
* Strong written and oral communications skills including ability to build and deliver effective presentations succinctly or in detail, depending on the audience
* Ability to work well in a team environment
* Background in cross border payments is desired
* Ability to learn quickly and independently, and to share knowledge with team
* Ability to leverage and analyze data to identify market opportunities
* Spanish language skills are a plus
* Experience with blockchain technologies is a plus
Additional Benefits:
For this opportunity, you will also be eligible for benefits through Apex for the contract period, 401K, medical/health benefits options, a W2 hourly rate, weekly pay, and direct deposit!
EEO Employer
Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or 844-463-6178.
Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico.
VEVRAA Federal ContractorWe request Priority Protected Veteran & Disabled Referrals for all of our locations within the state.We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic. The EEO is the Law poster is available here.