Product Analyst Payments

Teachers Federal Credit Union

$84K — $101K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in related field or 8 years of experience required
  • Minimum of 5 years' experience in payments at a bank or credit union
  • Techno-functional expertise in payments domain
  • Intermediate experience with Jira, Confluence or similar tools
  • Intermediate programming language skills required
  • Professional Agile and banking domain certifications preferred
  • Strong knowledge of hybrid Payments architecture and models
  • Familiarity with diverse payment methods, including P2P and A2A

Responsibilities

  • Analyze and enhance payments functions to meet member needs
  • Evaluate and track payments initiative development and implementation
  • Perform root cause analysis to resolve issues permanently
  • Identify needs and resolve issues within payments functions
  • Educate users on payment processes and content
  • Review system compliance with standards
  • Submit weekly and monthly status reports to stakeholders
  • Stay updated on industry standards and payments transformation developments

Benefits

  • Eligibility for an annual discretionary bonus program
  • Paid time off for vacation, personal days, and holidays
  • 401(k) company contribution
  • 100% of Dental & Vision premium paid by Teachers
  • Tuition reimbursement for full-time employees
  • Exclusive employee loan discounts on credit cards and other loans
Full Job Description
Description

SUMMARY:

The Product Analyst supports payments platforms that serve Teachers' members.

QUALIFICATIONS & EDUCATION:
  • Bachelor's degree in Computer Science, Information Systems, Information Technology, Engineering or eight years' experience in a related field required
  • Minimum five years' experience in payments usage in a bank or credit union required
  • Techno-functional, payments domain expertise required
  • Intermediate experience using Jira, Confluence or similar project management tools required
  • Intermediate programming language experience required
  • Professional Agile certifications (CSPO) and banking domain certifications preferred
  • Strong understanding of hybrid Payments architecture and models used for analysis
  • Knowledge of Payments landscape in various areas of P2P, A2A, Bill Pays, Loan payments, Payments tools, data analysis and reporting


JOB DUTIES:
  • Analyze and enhance Payments functions including P2P, A2A, Bill Pay, Loan Pay to meet Member requirements
  • Evaluate the requirement intake and track the development, integration and implementation of Payments initiatives
  • Identify the best course of action to permanently resolve issue based on the root cause analysis and document the updates
  • Identify needs and resolve issues in the areas of payments and its associated functions
  • Provide responses to incidents, SOP creation,
  • Educates users on payment content
  • Review scheduled jobs and ensure the system is compliant to the standards set
  • Performs weekly and monthly status reports submission to team, stakeholders and leadership teams
  • Maintain up-to-date knowledge of industry standards, best practices and the evolving Payments transformation landscape
  • Performs other duties as needed upon request from immediate supervisor


Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

  • This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives
  • Paid time off for vacation, personal days, and holidays
  • 401(k) company contribution
  • Teachers pays 100% of Dental & Vision premium
  • Tuition reimbursement is offered to full-time employees
  • Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teacher


The good faith range for this position is $84,250 to $101,250 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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