Cognizant

Consulting Manager, Product Management (BFSI Payments)

Cognizant • $81K — $128K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 10-15 years of relevant product management or payments delivery experience, including 3 years in BFSI payments.
  • Strong background in financial institution payments, specifically with SWIFT and clearing/settlement systems.
  • Experience managing large programs with multiple stakeholders and delivery partners.
  • Client-facing experience in discovering, strategizing, and delivering clear payments use cases and product documentation.
  • Capability in product management including vision creation and agile methodology application.
  • Experience in facilitating workshops with strong communication and advisory skills.
  • Knowledge of payments platforms and messaging standards, with a focus on compliance.

Responsibilities

  • Lead product strategy and roadmap for payments and clearing solutions.
  • Facilitate client discovery workshops and translate business objectives into payment solutions.
  • Align business needs with technical solutions alongside architects and engineers.
  • Shape delivery plans while advising on client adoption and modernization efforts.
  • Manage large payment program implementations across multiple workstreams.
  • Maintain project documentation and track early value indicators for continuous improvement.

Benefits

  • Medical/Dental/Vision/Life Insurance
  • Extended Health Care and Prescription Drug coverage
  • Paid holidays plus Paid Time Off
  • Registered Retirement Savings Plan (RRSP) with company contributions
  • Paid parental leave
  • Employee Assistance Program (EAP) and wellbeing programs
  • Employee stock purchase plan
Full Job Description
About the role

As a Consulting Manager, Product Management (BFSI Payments), you will make an impact by shaping product vision, strategy, and roadmaps for financial institution payments solutions that address measurable business needs. You will be a valued member of the consulting team and work collaboratively with client stakeholders, solution architects, engineering teams, and cross-functional delivery teams to run large, complex payments programs.

In this role, you will:
  • Lead product vision, strategy, roadmap, high-level design, quality, and key product decisions for payments and clearing solutions, including SWIFT-based messaging and clearing/settlement capabilities.
  • Guide client discovery and strategy engagements by facilitating workshops and interviews, translating business objectives into practical payments use cases, and defining measurable outcomes and next steps.
  • Partner with solution architects and engineering teams to align business needs with technical direction and deliver solutions with a strong focus on quality and speed to market.
  • Shape delivery plans across strategy, packaged payments solutions, and build-run-scale engagements, while advising clients on adoption needs, capability gaps, readiness, and safe, compliant payments modernization.
  • Run large, multi-workstream programs end-to-end, managing stakeholders across business, technology, operations, risk, and compliance.
  • Maintain repeatable discovery materials, product documentation, specifications, playbooks, and delivery guides; track early value indicators and incorporate lessons learned into continuous improvement.

What you must have to be considered
  • 10-15 years of relevant experience in product management, digital, or payments delivery, including at least 3 years of hands-on product management experience in financial services / BFSI payments.
  • Strong background in financial institution payments, with hands-on experience across SWIFT and clearing/settlement ecosystems.
  • Demonstrated ability to run large programs with multiple workstreams, stakeholders, and delivery partners.
  • Proven client-facing experience leading discovery, strategy, or delivery activities and translating business needs into clear payments use cases, product requirements, documentation, and specifications.
  • Strong product management capability across vision, strategy, roadmap development, stakeholder alignment, performance analysis, and agile product development methodologies.
  • Experience facilitating workshops and structured discovery sessions, with excellent communication, influencing, and advisory skills for diverse business and technical audiences.
  • Working knowledge of payments platforms, messaging standards (e.g., ISO 20022, MT/MX), and practical considerations for compliant and resilient payments operations.

These will help you succeed
  • Experience in payments transformation, core banking modernization, or clearing/settlement platform delivery at Tier 1 banks or financial institutions.
  • Strong analytical skills to assess product performance, user feedback, early value indicators, and market or competitor trends.
  • Ability to collaborate effectively across client, product, solution architecture, engineering, and delivery teams.
  • A highly organized, detail-oriented approach to maintaining clear and repeatable delivery materials.
  • A Master's degree and experience being evaluated by senior product and technology leaders in financial services.

We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.

Work model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring three days a week in a client or Cognizant office in Toronto, ON. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.

The working arrangements for this role are accurate as of the date of posting. This may change based on the project you're engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations.

Compensation

The annual salary for this position is between $81,000 and $128,000 CAD, depending on experience and other qualifications of the successful candidate. This position is eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Benefits

Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
  • Medical/Dental/Vision/Life Insurance
  • Extended Health Care and Prescription Drug coverage
  • Paid holidays plus Paid Time Off
  • Registered Retirement Savings Plan (RRSP) with company contributions
  • Paid parental leave
  • Employee Assistance Program (EAP) and wellbeing programs
  • Employee stock purchase plan

About Cognizant

TriZetto is Powering Integrated Healthcare Management. With technology solutions touching more than half the U.S. population today, TriZetto is uniquely positioned to drive the convergence of core benefit administration, care management and constituent engagement. TriZetto provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.

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Learn more about Cognizant
Size
340,400 employees
Market Cap
$28.7 billion
Industry
Net Income
$1.3 billion
Founded
1994
5 Year Trend
+6.5%
Revenue
$16.6 billion
NASDAQ

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