Vice President, Payments Product Owner at BNY

Pittsburgh, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Feb, 26

Salary

179000.0

Posted On

11 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Payments Product Experience, Product Governance, Cost Management, Vendor Management, Client Billing, Operating Model Optimization, Production Issue Support, Client Service, Agile Methodology, User Story Ownership, Stakeholder Management, Technical Design Decisions, Product Performance Monitoring, Data Analysis, Client Onboarding, Training Internal Stakeholders

Industry

Financial Services

Description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. We're seeking a future team member for the role of VP, Payments Product Owner to join our Treasury Services team. This role is located in New York, NY or Pittsburgh, PA. In this role, you'll make an impact in the following ways: This role is pivotal in establishing the foundational support necessary for the ongoing growth, enhancement, and maturity of our Value-Added Overlay Services (e.g., Paymode, Benefits Disbursement, Vaia, Prepaid Debit Card, Bill Pay Advantage, Merchant Services, Virtual Card), which are key competitive differentiators for BNY. This team member and will be essential in Product Governance (rationalizations, periodic reviews, product approvals, etc.), Cost Management (collaborating with tech and Ops to reduce costs), Vendor Management/EM responsibilities, Client Billing, Operating Model Optimization/Product Ownership, Production Issue support, and liaising with Client Service, RMs, and Clients. Additionally, the role involves Client Service/Implementation Support, Network Workgroup Representation (Business Committee, Direct Member, etc.), Operations and Technology Liaising, P&L responsibility (with revenue shared across functional areas), monitoring client attrition rates (outside pricing), participating in client meetings for non-sale activities, engaging in client onboarding, product governance efforts, training internal stakeholders, preparing client-facing materials, and generating scalable and sustainable revenue opportunities. Product Execution: Able to write specs for minor features and contribute meaningfully to specs for major features. Able to negotiate the implementation of current work, make the right trade-off decisions to launch products in a high-quality manner. Knows when to escalate to managers. Works with teams to make recommendations that deliver maximum value to end users as quickly as possible. Can efficiently assess the quality and readiness of a release. Customer Insights: Formulates the right business questions to be asked and knows how to track down data to inform decisions. Can use low fidelity tools to outline a design approach and then work with teams to translate them into higher fidelity representation of the feature. Makes regular contact with users of product and uses multiple sources to prioritize roadmap decisions. Product Strategy: Understand business outcomes and how product decisions impact tradeoffs. Responsible for crafting a near-term product roadmap (in partnership with manager) and can communicate to junior team members. Primary responsibilities include: Full ownership of the product backlog and near-term roadmap, ensuring that it is properly refined, prioritized and groomed. Agile Ceremony Ownership across POD and includes tracking velocity and identifying efficiencies for teams. Ownership of user stories, refinement process and Stakeholder Management (ongoing collaboration and updates). Ownership of technical design decisions, performs product performance monitoring, track and analyze key product metrics. To be successful in this role, we're seeking the following: Bachelor's degree in business management or a related discipline, or equivalent work experience required. 3-7+ years of payments product experience required Strong knowledge of payments products, a high level of urgency, and accountability are essential skills to be successful in the position At BNY, our culture speaks for itself. Here's a few of our awards: America's Most Innovative Companies, Fortune, 2024 World's Most Admired Companies, Fortune 2024 Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024 “Most Just Companies”, Just Capital and CNBC, 2024 Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024 Bloomberg's Gender Equality Index (GEI), 2023 BNY is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team-one that is representative and inclusive of the diverse talent, clients and communities we work with and serve-and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums. BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $179,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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Responsibilities

The Vice President, Payments Product Owner will establish foundational support for the growth and enhancement of Value-Added Overlay Services. Responsibilities include product governance, cost management, vendor management, and client service support.