Senior Vice President, Payments Product Manager

BNY Mellon

$104K — $228K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Expert product knowledge in US domestic payment systems, particularly Real-Time Payments and ACH.
  • Preferred industry certifications such as AAP and/or AFPP.
  • Bachelor's degree in business or a technical field, or equivalent experience; advanced degree preferred.
  • Experience in product management or ownership in financial services is advantageous.

Responsibilities

  • Lead product management for the Domestic Payments Group within the Global Payments & Trade Platform.
  • Apply knowledge of industry trends and client needs to create superior payment solutions.
  • Ensure product governance aligns with enterprise standards through change control and risk assessments.
  • Collaborate with legal, compliance, and risk teams for regulatory adherence.
  • Monitor SLAs, KPIs, and other performance metrics to gauge product health and client satisfaction.
  • Manage vendor relationships and oversee third-party governance activities.
  • Act as the main contact for critical client issues, coordinating resolutions with various teams.
  • Translate client feedback into actionable product requirements and manage prioritization using Agile methodology.

Benefits

  • Access to flexible global resources and tools for personal development.
  • Focus on health and personal resilience among employees.
  • Generous paid leave arrangements, including paid volunteer time.
  • Support for financial goals as part of the overall employee wellness programs.
Full Job Description
We're seeking a future team member for the role of Senior Vice President, Payments Product Manager to join our Global Payments & Trade team. This role is located in Pittsburgh, PA, Lake Mary, FL or New York, NY.

In this role, you'll make an impact in the following ways:
  • Leads product management, guides strategy, and provides servicing for complex products for the Domestic Payments Group of Global Payments & Trade Platform including Real-Time Payments and ACH.
  • Applies expert knowledge of industry trends, market segments, client needs and competitor services/offerings to deliver best in class payment solutions.
  • Owns the product governance to adhere to enterprise product governance standards, including change control, risk assessments and periodic reviews.
  • Partners with legal, compliance and risk to ensure products comply with applicable laws, rules and regulations.
  • Defines and monitors SLAs, KPIs and other metrics across the end-to-end value chain to understand the performance of the products, to quantify client satisfaction and to maintain the overall health of the products.
  • Manages vendor relationships and supports third party governance activities to ensure vendor performance aligns with contractual obligations and SLAs.
  • Serves as product point of contact for escalation of critical client issues, and partners with Client Service, Operations and Technology to resolve, understand root cause and prevent recurrences.
  • Translates market needs and client feedback into clear product requirements, and user stories and prioritizes the backlog based on value, risk and effort.
  • Uses the Agile methodology to partner with Engineering and Operations teams to deliver high-quality releases on time. Maintains associated product documentation, release notes and client communications.
  • Aligns cross-functional stakeholders including Sales, Marketing, Operations, Technology and Client Servicing around product goals, delivery plans, KPIs, etc.
  • Communicates strategy, product performance, P&L, roadmaps and risks to senior leadership to secure decisions and resources to achieve targets.


To be successful in this role, we're seeking the following:
  • Expert product knowledge in core US domestic payment rails with focus on Real-Time Payments and ACH.
  • Industry Certifications such as the AAP and/or AFPP are preferred.
  • Bachelor's degree in business or technical-related discipline, or equivalent work experience required, advanced degree preferred.
  • Experience in product ownership or product management in the financial services industry is preferred.


Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $104,000 and $228,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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