Product Director, Clover Hardware

Posted Yesterday
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Sunnyvale, CA, USA
In-Office
163K-245K Annually
Senior level
eCommerce • Fintech • Information Technology • Payments • Financial Services
At Fiserv, we aspire to move money and information in a way that moves the world.
The Role
Lead strategy and roadmap for Clover POS hardware and accessories. Drive product development through EVT/DVT/PVT, manage OEM/ODM partnerships and certifications (EMV/PCI), align cross-functional teams, define go-to-market and commercial cases, measure KPIs tied to merchant adoption, retention, and financial outcomes, and manage a team of product managers.
Summary Generated by Built In

Calling all innovators - find your future at Fiserv.

We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Product Director, Clover Hardware

We’re looking for a Product Director to own the strategy and roadmap for Clover’s POS hardware portfolio and accessories ecosystem. This is a senior role at the intersection of hardware engineering, manufacturing, payments, and merchant experience. You’ll need to focus on how hardware decisions translate into business outcomes, including adoption, merchant satisfaction, margins, churn reduction, and competitive win rates.

You’ll define what Clover merchants use every day to run their businesses and generate revenue. And you’ll work across engineering, finance, sales, commercialization, and product marketing teams to ensure the portfolio wins in the market.

Product Strategy & Vision

  • Develop a comprehensive hardware product strategy aligned with Clover’s overall mission, business priorities, and annual operating plan.

  • Create a product vision and multi-year roadmap across Clover’s device portfolio and accessories ecosystem, balancing our vertical strategies, merchant needs, cost targets, and competitive positioning.

  • Identify emerging trends and technological advancements that can be applied to the POS hardware space to drive competitive differentiation.

  • Define our hardware accessories and peripherals strategy, spanning first-party products (such as sleeves and stands) and third-party partner integrations (such as kitchen scales). Outline attach rate goals, and build/buy/partner decisions in close coordination with industrial design, finance, and sales channel teams.

  • Develop a clear point of view on hardware’s role in merchant acquisition and retention, and use that to drive prioritization decisions and investment cases.

  • Represent the hardware product team in executive reviews, partner conversations, and strategic planning cycles.

Product Development & Roadmapping

  • Drive the end-to-end product development lifecycle, from ideation through launch, ensuring timely, high-quality delivery of reliable, scalable, secure, and compliant hardware products.

  • Collaborate with engineering and industrial design teams to define product requirements and cost targets.

  • Work closely with hardware engineering, industrial design, and manufacturing partners to efficiently guide new products through the EVT, DVT, and PVT stages.

  • Drive EMV and PCI certification strategy, coordinating with certification labs to ensure compliant, timely launches.

  • Lead international hardware expansion planning, including regional certification requirements and competitive landscape assessment.

  • Translate product delivery and roadmap execution into measurable revenue outcomes and KPI performance.

Go-To-Market

  • Develop deep understanding of Clover’s target merchant segments (restaurant, retail, services, healthcare) and translate segment-level needs into hardware differentiation and go-to-market strategy.

  • Partner closely with product marketing, finance, sales channels, and business development teams to align on roadmaps, positioning, value propositions, messaging, and pricing.

  • Partner with hardware fulfillment teams to ensure hardware packaging and economics work for Clover’s distribution model.

Customer Focus

  • Conduct in-depth market and user research to understand merchant and consumer pain points and the competitive landscape.

  • Gather and analyze customer feedback, operational data, failure rates, and other telemetry data to understand opportunities for improvement.

  • Ensure high levels of customer satisfaction and retention by delivering secure, compliant, and reliable payment experiences.

Team & Financial Leadership

  • Foster a culture of data-informed decision-making that is based on the needs of our target merchants and the financial performance goals of the organization.

  • Manage and develop a team of PMs focused on specific device lines or capability areas.

  • Define and track KPIs spanning hardware quality and field performance through to commercial metrics — attach rates and device-linked retention.

What You Will Need to Have:

  • 8+ years of product management experience, with at least 3 years focused on hardware or hardware-adjacent products in payments, fintech, or consumer electronics, including accessories, peripherals, or full device ecosystems.

  • Experience managing hardware portfolios that span both owned products and third-party partner integrations, including vendor selection, commercial negotiation, and go-to-market coordination.

  • Demonstrated ability to connect hardware decisions to business outcomes — pricing, packaging, channel fit, and merchant value proposition.

  • An understanding of the payments ecosystem — EMV standards, PCI compliance, card- present transaction flows, and acquirer/network relationships.

  • Experience taking hardware products through full development cycles, including ODM/OEM partnerships and certification processes.

  • Strong analytical and commercial instincts — comfortable with market sizing, cost- benefit tradeoffs, build/buy/partner decisions, and business case development.

  • Excellent cross-functional leadership; able to align engineering, design, sales, operations, and commercial teams around a shared roadmap.

  • Experience with SMB or merchant-facing products strongly preferred.

  • International product experience (EMEA, APAC, or LATAM) a plus.

  • Bachelor’s degree required; MBA or engineering background a plus.

Travel Requirements:
This position requires the ability to travel domestically and internationally up to 10% of your time depending on business needs.

Visa Requirements:

You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role. 

Salary Range

$163,200.00 - $244,800.00

These pay ranges apply to employees in Sunnyvale, California. Pay ranges for employees in other states may differ.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

For incentive eligible associates, the successful candidate is eligible for an annual incentive opportunity which may be delivered as a mix of cash bonus and equity awards in the Company’s sole discretion.

Thank you for considering employment with Fiserv.  Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law. 

If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact [email protected]. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv’s Disability Accommodation Policy for additional information.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.

Skills Required

  • 8+ years of product management experience
  • At least 3 years focused on hardware or hardware-adjacent products in payments, fintech, or consumer electronics
  • Experience managing hardware portfolios including owned products and third-party partner integrations, vendor selection, and commercial negotiation
  • Understanding of payments ecosystem: EMV standards, PCI compliance, card-present transaction flows, and acquirer/network relationships
  • Experience taking hardware products through full development cycles, including ODM/OEM partnerships and certification processes
  • Demonstrated ability to connect hardware decisions to business outcomes (pricing, packaging, channel fit, merchant value proposition)
  • Strong cross-functional leadership and ability to align engineering, design, sales, operations, and commercial teams
  • Strong analytical and commercial instincts (market sizing, cost-benefit tradeoffs, build/buy/partner decisions, business case development)
  • Ability to travel domestically and internationally up to 10%
  • Bachelor's degree
  • Experience with SMB or merchant-facing products
  • International product experience (EMEA, APAC, or LATAM)
  • MBA or engineering background
  • Must currently possess valid and unrestricted U.S. work authorization (no sponsorship)

Fiserv Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fiserv and has not been reviewed or approved by Fiserv.

  • Healthcare Strength Healthcare coverage is positioned as comprehensive, spanning medical, dental, and vision options alongside disability, life, and mental-health support resources. The offering is further reinforced by wellness programming and access to an employee assistance program with counseling.
  • Leave & Time Off Breadth Time-off support appears broad, including paid holidays, sick time, and policies framed as well-being or recharge time. Parental leave and other leave types such as bereavement are also described as part of the overall package.
  • Retirement Support Retirement benefits include a 401(k) plan with company matching and, for some legacy populations, access to a defined benefit pension plan. Equity-related programs such as an employee stock purchase plan are also described as available for eligible employees.

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The Company
HQ: Milwaukee, WI
41,000 Employees
Year Founded: 1984

What We Do

Fiserv, Inc. (NYSE: FI) is a leading global provider of payments and financial services technology solutions, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

Why Work With Us

As a global leader in payments and financial technology, we proudly serve clients in more than 100 countries. As one of Fortune® magazine's "World's Most Admired Companies™" 9 of the last 10 years, one of Fast Company’s Most Innovative Companies, and a top scorer on Bloomberg’s Gender-Equality Index, we are committed to innovation and excellence.

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