Product Manager - Payments

Moneycorp•Stamford, CT

9h•Hybrid

About The Position

This role 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. The Product Manager 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 will be on developing and evolving payment capabilities supporting US-based products, services, and client propositions, including direct clearing (Fedwire and ACH) and cross-border payments delivered through partner networks. The role requires a deep understanding of domestic and cross-border payment flows, client requirements, market developments, and emerging trends in the payments landscape 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. The Product Manager will also partner with other product managers and teams to deliver end-to-end solutions to clients and 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 is expected to expand to support new payment capabilities, strategic priorities, and growth opportunities, with potential changes in product ownership boundaries as the Payments portfolio grows and additional product management capabilities and resources are introduced. Opportunities to lead initiatives relating to Payments globally as well as within the US will be available.

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.
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, prioritize, 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, utilization, 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.