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Payment Product Manager

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Job Description

Visa Consulting and Analytics (VCA) is the consulting arm of Visa, and drives tangible, impactful and financial results for Visa’s network clients, including both financial services and merchants. Drawing on our expertise in strategy consulting, data analytics, brand management, marketing, operational and macroeconomics, VCA solves the most strategic problems for our clients.

 

VCA Managed Services (VMS) is an augmentation of Visa’s consultancy offering, supporting the execution and implementation of recommendations to help scale competitive advantage and operate to succeed in the digital age.

 

We are looking for a Payments Product Manager with a strong background in payments or financial services to form an integral part of our product team, leading multiple product development work streams within a key Visa client in the UK. We are passionate about providing an outstanding client experience, delivering Visa products and service offerings that improve efficiency and drive value for everyone! Working with some of the best consultants in the banking and payment industry, this is a superb opportunity for an upbeat and hard-working individual to drive VMS and it's product delivery offering to the next level, and we are really excited to see how you could support us!

 

What we expect of you, day to day:

 

· Provide Strategic Thinking: Build compelling product roadmaps, leading and prioritising backlogs and articulating an exciting product vision.

· Promote Collaboration: with key individuals across both Visa and the client. Product, marketing, compliance, legal, and other business SMEs are your key partners, you will influence to ensure alignment and support towards the product vision.

· Open Communication: Ensure the product backlog is visible, open, and clear to all, including dependencies and priorities based on the overall strategy.

· Understand Requirements: Work with key business collaborators to elicit, analyse, communicate and validate requirements for changes to business processes, policies, information and systems to achieve final technology/business solution.

· Facilitate Effective Delivery: Provide input and oversight in planning and execution of delivery to ensure it accurately represents the product vision.

· Champion Customer First: Collaborate with customer research and design to ensure product requirements are aligned with customer needs.

· Drive Successful Outcomes: Support go-to-market launch strategy.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

What we're after...



Essential:

· Successful track record of launching consumer centric digital products or features in a bank, fintech or a payments company.

· Proven capability to efficiently manage projects from design through to completion.

· Deep practical knowledge of multiple delivery methods (SAFe Agile, Scrum, Kanban, Waterfall) and associated industry leading software (e.g., JIRA, Confluence).

· Flexible approach to working to match our various clients, but with strong emphasis on collaborative communication and taking ownership for delivery.

· Ability to tailor the presentation of analysis, requirements and recommendations for various audience levels depending on seniority and technical proficiency.

· Broad awareness of relevant marketing techniques and experience providing marketing with insights on key differentiators and messages.

· Strong consultative skills to build relationships and influence mutually beneficial outcomes across organisations.

· Excellent storyteller, conveying interpretation of evidence and analysis against strategic objectives resulting in explicit recommended actions.



Desirable:

· Awareness of the key drivers of profitability and how to calculate it.

· Background in customer behaviours and psychology.

· Understanding of best practice testing approaches for product development and creation of supporting acceptance criteria.

· Thought leader with the ability to guide, influence, and inspire performance across the product development landscape.

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Average salary estimate

$80000 / YEARLY (est.)
min
max
$70000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Payment Product Manager, Visa

Join Visa as a Payment Product Manager in London, and let's connect the world through innovative payment solutions! At Visa, we pride ourselves on our commitment to security and efficiency, and as part of our talented Visa Consulting and Analytics (VCA) team, you’ll play a pivotal role in driving impactful financial results for our clients. We're looking for someone who has a strong background in payments or financial services and is ready to lead product development within a key client in the UK. In this dynamic role, you’ll build compelling product roadmaps and cultivate collaborations with stakeholders from different departments, ensuring that everyone is aligned with the product vision. With your experience in launching consumer-centric digital products, you'll facilitate effective delivery while keeping customer needs at the heart of everything you do. This is your chance to work alongside some of the industry's best consultants, engage with diverse teams, and drive Visa products to new heights. Plus, enjoy a hybrid work environment that offers you the flexibility to balance remote and in-office work. If you're passionate about making an impact and have the expertise to back it up, we can’t wait to see how you can help elevate our Payment Product team here at Visa!

Frequently Asked Questions (FAQs) for Payment Product Manager Role at Visa
What are the main responsibilities of a Payment Product Manager at Visa in London?

As a Payment Product Manager at Visa in London, you'll be responsible for leading product development initiatives, creating impactful product roadmaps, and promoting collaboration among key stakeholders. Your day-to-day responsibilities include managing a diverse product backlog, ensuring open communication about product priorities, and working closely with business collaborators to validate requirements. Additionally, you'll be crucial in supporting go-to-market strategies, championing a customer-first approach, and driving successful outcomes for our clients.

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What qualifications do I need to become a Payment Product Manager at Visa?

To qualify for the Payment Product Manager role at Visa, you should have a successful track record of launching consumer-centric digital products, preferably in a banking, fintech, or payments environment. Essential qualifications also include knowledge of various delivery methods like SAFe Agile and Scrum, excellent communication and consultative skills, and experience with industry-leading software such as JIRA and Confluence. A strong understanding of customer behaviors and a knack for storytelling in presentations will greatly benefit your application.

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How does Visa support professional development for Payment Product Managers?

Visa is dedicated to professional development and growth for our Payment Product Managers. By working alongside top industry consultants, you'll gain valuable insights and skills while leading critical projects. We offer opportunities to attend workshops, engage in training sessions, and participate in mentorship programs, allowing you to enhance both your technical knowledge and leadership capabilities. In addition, the collaborative environment fosters continuous learning and innovation.

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What sets Visa apart as a company for Payment Product Managers?

Visa stands out as an employer for Payment Product Managers because of its commitment to innovation, security, and creating meaningful customer experiences. Our global reach and leadership in the payments sector allow you to work on cutting-edge solutions that impact millions worldwide. Moreover, our hybrid work model promotes work-life balance while maintaining a collaborative culture, making Visa an exciting place to advance your career.

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Can you describe the work culture for Payment Product Managers at Visa in London?

The work culture for Payment Product Managers at Visa in London is dynamic, collaborative, and inclusive. We prioritize open communication, where every team member's input is valued. Our approach encourages innovative thinking and promotes a customer-first mentality, ensuring that we stay at the forefront of payment solutions. As a hybrid company, we respect flexibility while encouraging teamwork in the office, making it an enjoyable and productive environment for all.

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Common Interview Questions for Payment Product Manager
Can you describe your experience with product roadmaps as a Payment Product Manager?

In answering this question, discuss how you've successfully built and prioritized product roadmaps in your previous roles. Mention specific frameworks or methodologies you utilized and how those contributed to overall product success. Include examples of how you collaborated with cross-functional teams to align roadmaps with customer needs and organizational goals.

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How do you ensure effective collaboration among stakeholders?

To demonstrate your approach to stakeholder collaboration, highlight your strategies for maintaining open lines of communication and fostering a collaborative culture. Provide examples where clear communication and regular updates led to successful project outcomes. It's also useful to discuss tools you've employed to keep everyone informed and engaged.

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What methods do you use to gather and validate product requirements?

Share your process for eliciting, analyzing, and validating product requirements in your past experiences. Discuss techniques such as interviews, workshops, or surveys you've used to gather insights from various stakeholders and ensure alignment with business objectives. Mention your ability to adapt your approach based on the audience's knowledge level.

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How do you prioritize features in your product backlog?

When discussing your prioritization techniques, consider the methods you've used, like the MoSCoW or RICE frameworks. Emphasize your focus on aligning feature priorities with customer needs and business goals. Highlight examples when you made tough decisions between competing features, and explain the rationale behind your choices.

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Can you give an example of a successful go-to-market strategy you've implemented?

Answer this question by describing a specific go-to-market strategy you led. Highlight key aspects such as market research, customer segmentation, and marketing collaboration that contributed to the success of the product launch. Explain how you measured success and adjusted the strategy based on feedback or outcomes.

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What role do customer insights play in your product management process?

In your response, highlight the significance of customer insights in shaping your product approach. Discuss methods you use for gathering customer feedback, such as surveys or usability tests, and how you incorporate that feedback into product development. Give examples where customer insights led to successful enhancements or alterations in product strategy.

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How do you manage projects in a fast-paced environment?

Describe your approach to managing projects in fast-paced settings. You might include techniques like Agile methodologies, sprint planning, or regular stand-ups that help maintain momentum and adaptability. Provide anecdotes about how you handled tight deadlines and maintained project quality.

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What challenges have you faced in product management, and how did you overcome them?

Share a specific challenge you've encountered in your product management journey, explaining the context and impact. Discuss the steps you took to overcome the challenge and highlight any lessons learned that improved your approach moving forward.

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What strategies do you employ to analyze competition in the payments industry?

Illuminate your strategies for competitive analysis by discussing tools or frameworks you've utilized, such as SWOT analysis or market research techniques. Provide insights on how this analysis informed your product decisions and competitive positioning, offering examples of adjustments made in response to competitor movements.

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How do you measure the success of a product once it's launched?

In answering this question, emphasize the importance of key performance indicators (KPIs) for measuring product success. Discuss the various metrics you've tracked post-launch, such as user engagement, conversion rates, or revenue generation, to evaluate effectiveness. Share examples of how you've used this data to drive product improvements.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
January 9, 2025

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