Principal Payment Product Management

Posted 9 Hours Ago
Be an Early Applicant
Chicago, IL
Hybrid
89K-149K Annually
7+ Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Principal Payment Product Management role involves assessing product performance, leading strategic product planning, managing customer-impact issues, analyzing performance metrics, developing new products, collaborating with stakeholders, and supporting sales strategies.
Summary Generated by Built In

Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
What You'll Do

  • A ssesses the performance of and shapes the structure and direction of new and existing product lines and leads the development and execution of strategic product plans for key initiatives such as the introduction of new products, product line extensions, or product enhancements. Accountable for achieving specific goals for each product, including evaluating product performance, and identifying innovations to address customer needs and improve product performance in the market.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management


How You'll Do It

  • Identify sources, monitor, analyze, and interpret key product performance metrics including financials, network volumes, other key statistics, and internal/external customer feedback trends, then develop and communicate findings, and make strategic and tactical recommendations for performance improvements.
  • Define and execute strategic product road-maps to build new products, enhance existing products, or improve performance.
  • Collaborate with internal and external stakeholders to develop strategies and methodologies to on-board new partners.
  • Track and understand industry trends, research findings, and competitive innovations.
  • Provide business analysis and reporting on a periodic basis.
  • Collaborate with cross functional teams to develop or support sales efforts or go-to-market strategies.
  • Serve as Product Management business lead on cross-functional teams, including internal departments such as Sales, Operations, Legal, Marketing, Finance, Technology in the evaluation, development, management, and/or enhancement of assigned products and/or programs


Qualifications You'll Need
The Basics

  • Bachelors Degree in Information Technology, Social Sciences, Business Administration and Management, Marketing, Communications or related
  • 6+ years experience in Product Management or related
  • In lieu of degree, 10+ years experience in card payments, network, acquiring, issuing, mobile technologies, digital payments, or related including Product Management Experience


Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

  • Primarily remain in a stationary position.
  • Occasionally move about the work environment to complete the major responsibilities of the job. Ability to transport physical objects up to 10 pounds (5 kg). Primarily performed indoors in an office
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
  • Ability to communicate verbally.; Ability to communicate in written form.
  • Travel up to 10% of the time


Bonus Points If You Have

  • Maters Degree in Information Technology, Social Sciences, Business Administration and Management, Marketing, Communications or related
  • 6+ years experience in card payments, network, acquiring, issuing, mobile technologies, digital payments, or related including Product Management Experience


Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
#li-cs1 #remote
Application Deadline:
The application window for this position is anticipated to close on Nov-01-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

What the Team is Saying

Gina
Mamta
Darcy
Hiba
George
Mandy
Kumar
Brent
The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Future Edge 50: 2020, 2019 & 2018

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

Discover Teams

Team
Bring Ingenuity, Shine Bright
About our Teams

Discover Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
HQRiverwoods, IL
Houston, TX
New Albany, OH
Phoenix, AZ
Salt Lake City, UT
Learn more

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account