Vice President, Payments Product Owner

VP, Payments Product Owner

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

We're seeking a future team member for the role of VP, Payments Product Owner to join our Global Payments & Trade 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 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

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.