Embedded Payments Product Manager (REMOTE)

The Embedded Payments Product Manager at TEKsystems will oversee comprehensive product management of unique OBO and FBO account types, ensuring profitability and regulatory compliance. Key responsibilities include collaborating with legal to develop documentation, partner with relationship teams to manage portfolio growth, drive product enhancements, and implement effective risk management strategies aligned with the company's objectives.

To apply for the Embedded Payments Product Manager position at TEKsystems, candidates should possess at least 5 years of experience in payment services, preferably within a FinTech or payment services provider. A Bachelor’s degree in finance or a related field is also required, along with strong communication, analytical, and problem-solving skills.

The Embedded Payments Product Manager at TEKsystems will work with a variety of payment methods, including ACH, Checks, Wires, RTP, and Card payments. Having a deep understanding of these payment flows, associated risks, and regulatory considerations is essential for success in this role.

TEKsystems takes risk management seriously in its payment services. The Embedded Payments Product Manager will facilitate client risk management efforts, ensuring appropriate documentation and ongoing oversight, while collaborating with product and compliance teams to align risk controls with regulatory requirements and the needs of the portfolio.

Yes, the Embedded Payments Product Manager position at TEKsystems is fully remote, allowing you the flexibility to work from anywhere while contributing to a team that partners with industry-leading Fintech clients and drives innovation in payment services.

When discussing your experience with payment methods, focus on specific types you've managed, such as ACH, Checks, or Card payments. Highlight any relevant projects, challenges, and how you navigated risks associated with each method. Emphasize your understanding of the operational flows and financial implications involved.

Explain your methodology for identifying risks in payment processes, including how you ensure compliance with regulations. Discuss any tools or frameworks you use for ongoing risk assessment and how you collaborate with other teams, like compliance and legal, to mitigate risks effectively.

Discuss your approach to gathering client feedback or market research to identify opportunities for product improvement. Share examples of past enhancements you drove, including how you collaborated with stakeholders and ensured those improvements met both client needs and business goals.

Share specific strategies you've implemented to balance growth initiatives while maintaining rigorous risk controls. Illustrate with examples how you have worked with relationship teams to foster innovation while ensuring compliance and safety in financial transactions.

Describe your experience working alongside teams from legal, compliance, and operations. Highlight any successful projects where you facilitated communication between teams, managed differing priorities, or resolved conflicts to achieve a common goal in product management.

Discuss your methods for staying updated on regulatory changes, such as subscribing to industry publications, attending webinars, and networking with peers. Highlight how you ensure that your team or clients are informed about potential impacts and necessary adjustments.

Choose a specific project where you encountered challenges, such as tight deadlines or compliance issues. Detail the steps you took to navigate those challenges, the outcomes, and the lessons learned that made you a better product manager.

Explain how you prioritize building strong relationships with clients to understand their needs and feedback. Share examples of how client interactions have influenced product decisions and led to enhancements in service offerings.

Discuss how you analyze market trends, competitor pricing, and internal costs to develop a pricing strategy that maximizes product profitability. Mention any tools or models you use to track pricing performance and make adjustments as needed.

Share your insights on emerging trends in the payment services industry, such as the use of AI in risk management or the growth of digital wallets. Illustrate how these trends could shape your role as an Embedded Payments Product Manager and your eagerness to drive innovation in this space.