At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world's top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good.
Role – Director – Classic and SP Product Management
Job Overview:
Finastra’s Payments BU is strategic enterprise business unit which serves global, regional, and mid-tier banks for back-office mission critical payments processing. Seeking an experienced Director of Product Management to lead the development and management of an enterprise payment hub with a focus on supporting customers using legacy software versions. The role involves managing a team of product owners and junior product managers, overseeing the product roadmap for regulatory changes, and maximizing revenue from the existing code base.
Key Responsibilities:
- Regulatory Roadmap Management:
- Develop and maintain a regulatory roadmap in collaboration with the CTO/COO/Customers, that addresses regulatory, and customer needs.
- Technology Roadmap Alignment:
- Ensure that everyone, from engineers to stakeholders, is on the same page regarding product priorities and timelines.
- Regularly update and revise the product roadmap to reflect changes in the product strategy, vision, or market conditions.
- Evangelization of strategy and technical roadmap with customers/prospects.
- Commercial Product Management:
- Ensure the old code base is optimized for revenue generation.
- Pricing, pre-sales support for any deals with customers on legacy code bases.
- Maintain and manage technical stack for each customer/version for End of Life. Propose revenue opportunities in conjunction with CTO / Engineering teams for technical stack refresh for customers.
- Customer Migration:
- Participate in process to evaluate migration of customers from legacy version to latest version of the software.
- Participate in gap analysis, pre-sales for upgrade/migration opportunities.
- Maintain per customer strategy for migration to latest version of the software.
- Engineering Capacity Allocation and Optimization:
- Manage overall product capacity of investments.
- Drive engineering teams for higher efficiency and effectiveness.
- Customer Evangelization:
- Engage with customers to showcase product capabilities.
- Negotiate with customers on product approach and functional solutions to regulatory problems.
Qualifications:
Proven experience in product management, preferably in payments or financial services. Strong leadership skills with experience managing teams.
Preferred Skills:
- Familiarity with enterprise payment systems and infrastructure.
- Experience working with legacy systems and managing technical debt.
- Ability to drive revenue growth through product enhancements.
- Knowledge of compliance and regulatory standards in financial services.
- Deep understanding of regulatory requirements impacting payment systems.
- Experience managing products with legacy or older code bases.
- Excellent strategic thinking and problem-solving skills.
- Strong communication and stakeholder management abilities.
We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:
· Flexibility: Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.
· Well-being: Access Confidential one-on-one therapy through our Employee Assistance Program, find support from our network of Wellbeing Champions and Gather Groups, and a calendar of monthly events and initiatives designed to help you thrive - Inside and Outside of work.
· Medical, life & disability insurance, retirement plan, lifestyle and other benefits*
· ESG: Benefit from paid time off for volunteering and donation matching.
· DEI: Participate in multiple DE&I groups for open involvement (e.g., Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, Women@Finastra).
· Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.
· Recognition: Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.
*Specific benefits may vary by location.
At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together. We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves.
Be unique, be exceptional, and help us make a difference at Finastra!
Top Skills
What We Do
At Finastra our purpose is to unlock the power of finance for everyone & redefine finance for good. We’re the orchestrator of open finance; building and delivering innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem. We’re one of the world’s largest FinTechs, working with over 9,000 customers including 90 of the top 100 banks globally.
We’re creating a pioneering open platform that’s disrupting the financial industry, changing how financial software is developed and used. We believe in collaboration for innovation, to unlock the potential of people, businesses and communities. We have an unmatched portfolio of financial software and deliver mission critical solutions for financial institutions of all sizes, on premises or in the cloud. Our open architecture and platform approach embrace a wide ecosystem of partners and co innovators. Together we're leading the way in which applications are written, deployed and consumed in the world of financial services.
Our people mission is to be the most loved and inclusive fintech company in the world; a mission we take seriously. DE&I factors into everything we do and every decision we make as a business. When you join Finastra, you open up a world of possibilities. With us, you can supercharge financial institutions, big tech and fintech while also building a more inclusive finance industry.
We believe our people thrive when given the opportunity to be their authentic selves and we trust our people to work how, when and where they want; this is OPENworking. Our 2+ policy provides the perfect mix of focused work at home, coupled with the meaningful connection that comes from in person collaboration, coaching and community. We're rolling out a new programme where our people take as much leave as they need; we do not count vacation days and we trust our people to work in a way that suits them, when it suits them.
Come join the future of Fintech, and make your world. OPEN.
