Product Manager - Payments

Moneycorp•Stamford, CT

1d•$150,000•Hybrid

About The Position

Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology. Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business. In North America, our offices are in Stamford, Orlando, Providence, and Toronto. We are licensed to operate in each US State, and in Canada at the Federal level we are registered with FINTRAC and at the Provincial level in Quebec. In this role, you will own the strategy, proposition and commercial performance of Moneycorp's payments products as they are built and evolved on the Group's strategic platform. You will lead the development and evolution of the proposition, ensuring it meets the needs of existing and future Financial Institution, FinTech, Corporate and Private clients. The initial focus of the role will be the development and evolution of payment capabilities supporting US-based products, services and client propositions, including direct clearing (Fedwire and ACH) and cross-border payments delivered through partner networks. You will bring and maintain a deep understanding of domestic and cross-border payment flows, client requirements, market developments and emerging trends across the payments landscape. You will use these insights to set priorities, strengthen the client proposition, support sustainable revenue growth and ensure products remain scalable, resilient, operationally effective and compliant with applicable regulatory, network and clearing requirements. You will also partner with the other product managers and teams to deliver an end to end solution to clients. You will be accountable for translating strategy into product change and measurable business outcomes, balancing client value, commercial performance, operational capability, risk and regulatory obligations throughout the product lifecycle. As the product function matures, the scope of the role is expected to expand and adapt to support new payment capabilities, strategic priorities and growth opportunities. Product ownership boundaries may therefore change over time as the Payments portfolio grows and additional product management capabilities and resources are introduced. During this time you will have opportunities to lead initiatives relating to Payments globally as well as within the US.

Requirements

At least five years' product management experience within transaction banking, correspondent banking, wholesale payments, cash management, commercial banking payments, or an equivalent fintech/non-bank environment, with at least ten years' overall experience in financial services.
Demonstrable product management ownership, including responsibility for product strategy, roadmap development, client propositions, pricing, commercial performance and investment business cases.
Strong experience with US ACH payments, including ACH rules, standards and associated payment flows.
Experience delivering payment solutions for corporate clients, corporate treasury functions, commercial banking clients, or B2B payment use cases.
Strong knowledge of domestic and cross-border payment flows, payment infrastructure and correspondent banking models.
Detailed knowledge of ACH, Fedwire, SWIFT and payment messaging standards, including ISO 20022.
Experience operating within applicable US banking, payments, financial crime and regulatory frameworks.

Nice To Haves

Experience with Direct Clearing (Fedwire)
Experience serving financial institutions, banks, fintechs and correspondent banking relationships.
Knowledge of international payment schemes and formatting standards, including SEPA, BACS and Faster/Instant Payments.
Understanding of intraday liquidity, settlement processes, nostro arrangements and correspondent banking economics.
Experience supporting client due diligence, RFP responses and complex client implementations.

Responsibilities

Own and deliver the Payments Product Roadmap, aligning priorities with business strategy, client needs and platform objectives.
Make product decisions that balance commercial outcomes, client value, operational capability, risk and regulatory requirements.
Engage with clients and prospects to understand payment requirements, challenges and opportunities.
Define and evolve payment propositions across Corporate, Financial Institution, FinTech and Private client segments.
Support client opportunities, RFPs and key stakeholder discussions.
Maintain clear internal and client-facing product documentation and materials.
Define, prioritise and deliver enhancements to payment products and client experiences.
Translate business needs into clear requirements and assess associated risks, dependencies and implementation considerations.
Ensure operational, commercial, client and control readiness for new product launches and major changes.
Drive adoption, training and communication activities, and monitor performance to identify further improvement opportunities.
Collaborate across Sales, Operations, Compliance, Treasury, Finance, Technology and Risk functions to deliver and grow the Payments proposition.
Partner with Product teams across FX, Liquidity, Account Services and Client Data to deliver integrated client solutions.
Provide clear reporting, recommendations and decision support to stakeholders and leadership teams.
Monitor product performance, including revenue, profitability, utilisation and payment volumes.
Develop business cases and investment recommendations to support product growth and strategic priorities.
Use client, commercial and operational insights to identify opportunities to improve performance and client value.
Maintain expertise across domestic and cross-border payments, including ACH, Fedwire, SWIFT, correspondent banking and payment infrastructure.
Keep abreast of market trends, regulatory developments, competitor activity and emerging payment technologies.
Identify opportunities to extend and leverage payment capabilities across new products, client segments and geographies.
Ensure products operate in line with applicable regulatory, payment scheme and internal risk requirements.
Assess and respond to regulatory, industry and clearing-rule changes.
Manage product risks relating to areas such as sanctions, fraud, settlement, liquidity and operational resilience.
Oversee product governance, documentation and remediation of control or service issues.