Unclassified - Cincinnati, OH

posted 5 months ago

Full-time - Senior
Cincinnati, OH

About the position

In this key leadership role within the Digital Payments group, you will be responsible for overseeing the strategy execution of mobile payment solutions, ensuring that product management and development align with the needs of both Fifth Third's business and consumer customers. Your primary focus will be on collaborating with existing Product Management and Product Development teams to ensure that mobile channels are effectively developed to meet the diverse needs of customers and businesses served by the Payments organization. You will also be tasked with developing a long-term product and technical roadmap for mobile payments, which is critical for the success of this role. Building positive relationships with various areas of the bank, including IT, Operations, Corporate Lines of Business, Risk & Compliance, Audit, Legal, and affiliates throughout the Bancorp, will be essential to your success in this position. Your responsibilities will include overseeing the entire product development lifecycle, identifying and prioritizing product development opportunities, and deploying products to market within established time frames and budgets. You will be responsible for establishing pricing, profitability, packaging, promotion, and margin management strategies. Additionally, you will provide a consultative role on projects related to product and sales, introduce products to the market, and manage vendor selection and relations, including contract negotiations with business partners in Digital Payments and Operations. Oversight of development stakeholders, including IT, Operations, Risk, Compliance, and partners, will also be a key aspect of your role. Furthermore, you will engage in market research and analysis to maintain and enhance your knowledge of current and evolving concepts, practices, processes, laws, regulations, and technologies in the payments market. Conducting market segment studies for product development, understanding and analyzing competition, and gaining insights into the buying habits and characteristics of clients will be crucial. You will also participate in peer group analysis and discussions, as well as lead user group participation to drive thought leadership in the mobile payments space.

Responsibilities

  • Oversee mobile payment solutions strategy execution.
  • Collaborate with Product Management and Product Development teams.
  • Develop long-term product and technical roadmap for mobile payments.
  • Identify and prioritize product development opportunities.
  • Deploy products to market within established time frames and budgets.
  • Establish pricing, profitability, packaging, promotion, and margin management strategies.
  • Provide product/sales consultative role on projects.
  • Introduce products to the market.
  • Manage vendor selection and relations, including contract negotiations.
  • Oversee development stakeholders including IT, Operations, Risk, and Compliance.
  • Conduct market research and analysis to enhance knowledge of payments market.
  • Conduct market segment studies for product development.
  • Understand and analyze competition in the payments market.
  • Analyze buying habits and characteristics of clients.
  • Participate in peer group analysis and discussions.
  • Lead user group participation.

Requirements

  • Proven experience in product management and development in the digital payments space.
  • Strong leadership skills with the ability to build relationships across various departments.
  • Experience in market research and analysis related to payment solutions.
  • Knowledge of current and evolving concepts, practices, processes, laws, and regulations in the payments market.
  • Ability to manage vendor relations and contract negotiations effectively.
  • Strong analytical skills to understand competition and client buying habits.

Nice-to-haves

  • Experience with mobile payment technologies and solutions.
  • Familiarity with compliance and risk management in financial services.
  • Previous experience in a leadership role within a financial institution.

Benefits

  • Health insurance coverage.
  • 401k retirement savings plan.
  • Paid holidays and vacation time.
  • Professional development opportunities.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service