Director, Payment Products
Company: CTI Education Group
Location: White Plains
Posted on: April 8, 2021
Job Description - Director, Payment Products (21000206) Job
Description Director, Payment Products - ( 21000206 ) Description
Are you highly motivated, detailed oriented and passionate about
preparing for your career? Then we are looking for someone just
like YOU to join our team!
We look for people who can dream, think, create and grow. Our
culture thrives on embracing and rewarding imagination and is
characterized by an unwavering commitment to high achievement. We
pride ourselves on sharing ideas, diversity of thought and
embracing dedicated, talented and driven individuals who value
honesty, integrity and go above and beyond. As we continue to grow
we need YOU to meet our demands for success.
We have developed and executed differentiated strategies that are
helping us thrive in a rapidly changing industry.
There is no shortage of talent - we work hard to make Sterling an
employer of choice.
None of the bureaucracy found in larger banks - open door policy
with all executives. One Dream, One Team, One Purpose, One
Our Single Point of Contact model ensures every client and
colleague feels valued and knows who to reach out to for specific
guidance. Our purpose is to use the power of banking to move our
company forward. We believe in a fair, ethical, and sustainable
future-one where everyone thrives on a compliant and level playing
We are a results-driven culture, with a keen focus on collaboration
+ acceleration. We work hard, We win as a team, and We honor the
diversity of skills brought by the collective.
What's in it for YOU
We aim to help you figure out exactly where you see yourself in our
business. Whatever your passion, we will support you in getting the
skills necessary to make your mark. The Director, Payment Products
is instrumental in driving the payments product vision,
positioning, and to deliver reliable, competitive and innovative
solutions. This position will remain focused on maximizing and
realizing sales, revenues, expanding market share, and increasing
profit margins, while supporting the Bank's strategic goals. You
will also participate in the management for all related vendor
partners delivering payment products and services.
- Key contributor to all aspects of the payment product strategy
and life cycle including all related product/service features,
functionality, pricing, marketability and compliance with
regulatory requirements. Leads life cycle analysis for growth and
- Serve as the 'voice of the customer' for all payment products
by interacting with clients, sales, branch administration, and all
client facing staff to provide product knowledge/expertise, to
obtain product feedback and to deliver solutions that meet or
exceed client and market requirements.
- Manage external vendors including product requirements,
performance, pricing and to provide business case recommendations
to continue or replace when necessary. Participate in the
negotiation of vendor contracts and obtain approval for execution,
- Responsible for direct input of the payment product experience
and partner to deliver a consistent and seamless experience across
all customer access channels.
- Support Sales enablement by serving as one of the payment
products subject matter experts, enhancing the Sales teams' product
knowledge, and participate in key client calls to demonstrate the
- In conjunction with Marketing, oversee the change management
process by managing communications about new products and changes
internally, as well as to clients and the general public, including
client webinars, focus groups, mailings, e-mails, etc.
- Provide market intelligence to the Bank's management on product
information, pricing budget planning, business case development,
- Represent the bank and participate in product and industry
forums, committees and conferences.
- Work with partners in Legal, Credit Risk and Compliance on all
matters related to Payments products to ensure compliance with all
regulations, policies, and procedures. Qualifications Who We Want
- For this position, you must have at least 8 years of experience
in Product Management with knowledge of payment products.
- Candidates with advanced degrees (Associates, Bachelor's,
and/or Master's) preferred, yet a High School diploma or GED is
required. Candidates with some combination of coursework and
experience, or else extensive related professional experience, are
eligible for consideration
- Knowledge and understanding of Payments products is
- Ability to effectively develop product requirements and lead
Technology & Operations partners to deliver and support the payment
product solutions. An understanding of agile methodologies is
- Understanding of product development, product life cycle,
product profitability and associated regulatory and compliance
guidelines. Strong business and financial analytical skills in
order to conduct roadmap, profitability and business case analysis
on new and existing products. Experience in onboarding new
products, transitioning customers to strategic products and the
decommissioning/retiring of expired products.
- Strong written and interpersonal skills including the ability
to communicate effectively and deliver presentations to clients,
senior management or employees, and to contribute to industry
publications. At Sterling National Bank, we rely on diversity of
culture and thought to deliver on our goals. To ensure this we seek
talented, qualified people for all of our career opportunities,
regardless of race, color, sex/gender, including pregnancy, gender
identity and expression, national origin, religion, sexual
orientation, disability, age, marital status, veteran status, or
any other protected classification under federal, state and/or
local laws. Sterling National Bank is proud to be an Equal
Employment Opportunity/Affirmative Action Employer providing a
drug-free workplace. **All Applicants must be eligible to work in
the U.S. without company sponsorship, now or in the future, for
employment-based work authorization. H1-B and green card
sponsorship is not available for any position and we will not
consider F-1 visa holders with Optional Practical Training (OPT)
who will require H-1B status, TNs, or current H-1B visa holders for
employment opportunities.** All offers for employment with Sterling
National Bank are contingent on successful completion of background
investigation, including drug and fingerprint screening.
Keywords: CTI Education Group, White Plains , Director, Payment Products, Executive , White Plains, New York
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