Principal Payment Tech Development Manager

Capital One•Riverwoods, IL

4d•$138,100 - $157,700•Onsite

About The Position

The Principal Payment Tech Development Manager will lead the end-to-end design, development, testing, certification, and delivery of contact/contactless chip technologies, mobile payments, and other emerging payment devices. A critical focus of this role includes leading the development of card- and wallet-related functional and security requirements, consult on test plans, and test tools necessary for executing D-PAS card personalization and Mobile D-PAS Wallet validations—both of which are vital prerequisites for successful D-PAS product acceptance. The Manager will act as a key technical contributor to product specifications (functional and security features), manage strategic vendor relationships, and proactively mitigate risks or customer-impacting issues.

Requirements

High School Diploma, GED or equivalent certification
At least 5 years of payment technology research and development experience
At least 2 years of experience supporting, partnering and interacting with internal or external business clients

Nice To Haves

Bachelor's or Master’s Degree in Engineering, Computer Science or Technology
Experience working with EMV payments systems, mobile payment technologies including cloud-based payments and secure elements
Deep understanding of EMV Functional requirements and EMV Security requirements

Responsibilities

Manage, design, and develop new payment technologies for both card acceptance devices and payment devices (including contact/contactless chips, mobile, and cloud-based payments)
Contribute to the development of product technology specifications, focusing heavily on functional and security features.
Create and maintain comprehensive testing requirements, test plans, and procedures for new payment technology products.
Lead the debugging of the technology products using L2 tools required for the effective execution of type approval of the product
Advise on establishing certification requirements and compliance programs to ensure seamless, standardized product rollouts.
Manage relationships with external vendors, including card and chip manufacturers, test laboratories, test tool providers, and mobile application developers.
Oversee external partners to ensure the delivery of high-quality services and tools that align with corporate standards.
Manage and participate in the development of payment specifications within relevant global standardization organizations.
Educate, communicate, and collaborate with internal and external stakeholders regarding new and updated payment standards and specifications.
Actively manage, mitigate, and escalate risks or customer-impacting issues to senior management during day-to-day operations.