Hybrid Payments Product Manager

at UMB Bank

• Job title: Payments Product Manager
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: $83,200 - $178,800 per year
• Degree requirement: Bachelor's Degree
• Tech skills: Ruby on Rails
• Location requirements: Hybrid, Kansas City, United States

About the role

• Payments Product Manager leading execution of payments strategy for UMB's banking solutions. Focused on managing delivery of payment solutions including wires and emerging payments.

Responsibilities

• Create product roadmaps for the Payments Products using industry trends, market research, Voice of Client feedback, and input from key stakeholders.
• Oversee planning, execution, and monitoring of strategic payment initiatives.
• Identify market trends, customer needs, and competitive landscape to drive product enhancements and innovations.
• Analyze and report on payments usage, trends and profitability.
• Serve as a Payments Subject Matter Expert for internal teams, including leading strategic planning for product direction and understanding the end-to-end customer experience for payments products.
• Work closely with Operations, IT and Digital Product Managers to deliver new functionality, enhancements and capabilities in the Payments space.
• Partner with product marketing and sales enablement to ensure market success for product launches and enhancements.
• Identify and partner with key vendors, fin-techs, etc. to develop and expand the go-to market offerings.
• Partner with internal departments (compliance, legal, audit, credit and risk) to ensure that all product features and functionality meet company and regulatory standards.
• Engage with internal stakeholders, including Senior Management, Sales, Implementation and Customer Support, to understand their needs and align development initiatives.
• Ensure all internal and external product documentation and due diligence is current.

Requirements

• An undergraduate degree including 7+ years of product management experience and 5+ years treasury and payments experience OR any combination of education and experience that would provide an equivalent background.
• Experience gaining influence and cross functional consensus.
• Experience interpreting market and financial data to align strategies as well as build innovation around the products and features.
• Strong analytical and problem-solving abilities, with a data-driven approach to decision-making.
• A motivated and organized self-starter mindset with strong attention to detail and ability to manage multiple priorities.
• Experience and understanding of Treasury Payments product use cases and back-end functionality.
• A thorough understanding of emerging payment rails (RTP, FedNow, etc.) and/or have experience leading new payment rail initiatives.
• Applicants must have legal authority to work in the United States.

Benefits

• Paid Time Off
• 401(k) matching program
• Annual incentive pay
• Paid holidays
• Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• Health savings, flexible spending, and dependent care accounts
• Adoption assistance
• Employee assistance program
• Fitness reimbursement
• Tuition reimbursement
• Associate wellbeing program
• Associate emergency fund
• Various associate banking benefits