Principal Payment Product Management

We are seeking a dynamic and experienced individual to join our team as the Principal Payment Product Manager at Discover Financial Services. As the Principal Payment Product Manager, you will play a pivotal role in developing and driving the strategy for our payment products. Your expertise in the financial services industry and your strong leadership skills will be crucial in leading a team to deliver innovative and customer-centric payment solutions. If you have a passion for driving business growth and a track record of success in product management, we invite you to apply for this exciting opportunity.

1. Develop and drive the strategy for our payment products in line with company goals and objectives.
2. Utilize expertise in the financial services industry to identify and capitalize on market trends, customer needs, and competitor offerings.
3. Lead a team of product managers, providing guidance and direction to ensure successful delivery of payment solutions.
4. Collaborate with cross-functional teams including marketing, sales, and technology to ensure effective product development and launch.
5. Conduct market research and analysis to inform product decisions and identify areas for improvement.
6. Manage the entire product lifecycle, from ideation to launch, and track key metrics to measure success.
7. Develop and manage product budgets, ensuring efficient use of resources and maximizing return on investment.
8. Stay up-to-date on industry developments and regulations related to payment products, and proactively identify potential risks and opportunities.
9. Foster a customer-centric approach to product development, continuously seeking feedback and incorporating it into product enhancements.
10. Communicate regularly with senior management to provide updates on product performance and align product strategy with company goals.
11. Mentor and develop team members, providing opportunities for growth and advancement.
12. Collaborate with external partners and vendors to identify and implement new payment solutions.
13. Represent the company and its payment products at industry events and conferences.
14. Continuously monitor and analyze product performance, and make recommendations for improvements or updates as needed.
15. Ensure compliance with all relevant laws, regulations, and company policies.

According to JobzMall, the average salary range for a Principal Payment Product Management is between $120,000 to $200,000 per year. This can vary depending on factors such as location, company, experience, and skills. Some Principal Payment Product Managers may also receive bonuses and other benefits in addition to their base salary.

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.