Job description

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship. The Senior Digital Payments Product Owner is self-motivated, imaginative, and energetic about building highly competitive non-card payment products. They serve as the product owner for Digital Payments related systems and payment types. They will act as a Digital Payments subject matter expert on digital payment rails and the associated regulatory and network rules. Serve as a senior internal consultant and advisor to executives regarding the execution of the overall payments and payments systems, including the payment platform strategy roadmap designed to modernize and streamline payments processes. They will partner closely with Digital Payments operational units, business project managers and other members of Digital Payments, the SMD system support teams, ETS support teams, and Digital Channels while also partnering with other stakeholder business units to ensure what is delivered fulfills operational needs, strategic needs and drives a superior member experience. • Collaborate with a cross-functional team to launch product vision and strategy • Streamline the execution of program priorities while maintaining the conceptual and technical integrity of the features or components for the team • Oversee and manage the associated payments platforms, serving as the subject matter expert and business unit point of contact for Digital Payments Leadership • Translate program vision into incremental delivery • Develop and maintain horizontal partnerships across the organization to drive the evolution of Digital Payments platforms; advocating for and prioritizing future functionality to ensure internal and member pain points are addressed in conjunction with development of new payment technology • Maintain an understanding and advanced knowledge of the functions, processes, and systems of other cognizant business units • Serve as subject matter expert regarding product functions and how they relate to other products and services • Serve as subject matter expert on Regulatory and network requirements for related digital payment systems • Partner with technology teams to build and maintain product backlog, refine users stories and ensure prioritization and execution aligns with organizational objectives • Partner with business analysts to integrate usability studies, user research, and market analysis to into product requirements • Analyze product usage and other empirical data and how that relates to key member needs to determine changes in product prioritization • Regularly analyze true needs for product features and constantly push for clear understanding of value • Proactively work with product team to formulate creative ideas or solutions for potential issues • Partner with department executives, leadership and other key personnel to develop the long-term strategic direction and technology roadmap • Guide and analyze benchmarking, trend analysis and other input to drive continuous improvement and elevate service performance • Bring external perspective and ideas from relevant sources, stay current with technology as well as, government/policy impacts and industry best practices • Determine when added product value should be pushed to members/employees • Deliver compelling and effective communications/presentations to executive management • Perform other related duties as required • Bachelor's Degree in Finance, Information Technology, Strategy or the or the equivalent combination of education, training or experience • Extensive experience leading, shaping and developing innovative solutions while managing business risks • Advanced analytical and conceptual skills to create original concepts/theories for various projects • Ability to exercise initiative, produce desired results and achieve objectives • Ability to learn different collaboration or product management tools quickly • Ability to multi-task and prioritize with minimal direction and assertiveness to change team processes quickly • Ability to productively communicate to stakeholders, team members, and leaders • Working knowledge of enterprise-wide business systems applications such as FIS applications (e.g., IMPACS, ST, RM), relational databases, and Microsoft Office Applications • Extensive experience in developing business or technology strategy • Advanced knowledge of project/program management processes and methodologies • Ability to comprehend, analyze, interpret, communicate and apply government and financial industry regulations, related principles and practices and company instructions, procedures and policies • Previous project leadership and execution, including initiatives with technology, processes, cross-functional teams and external partner team members • Advanced skill influencing and guiding strategic thinking • Advanced skill delivering effective presentations to groups of various sizes • Effective skill building effective relationships through rapport, trust, diplomacy and tact • Strong verbal, written and interpersonal communication skills • Strong problem solving and negotiation skills Desired Qualifications • Experience implementing digital payments platforms • Working knowledge of Navy Federal, NCUA, NACHA and Reg E policies, instructions, and regulations • Experience in one or more Savings & Membership functional areas and understanding of related Savings & Membership laws and regulations • Advanced knowledge of credit union operations/processes and procedures • Appropriate industry certification, such as AAP, for associated digital payment types • Master's Degree in Finance, Information Technology, Strategy or the or the equivalent combination of education, training or experience Additional Information Hours: • Monday - Friday, 8:00AM - 4:30PM Location: • 820 Follin Lane, Vienna, VA 22180 • 5510 Heritage Oaks Drive, Pensacola, FL 32526 The Senior Digital Payments Product Owner is self-motivated, imaginative, and energetic about building highly competitive non-card payment products. They serve as the product owner for Digital Payments related systems and payment types. They will act as a Digital Payments subject matter expert on digital payment rails and the associated regulatory and network rules. Serve as a senior internal consultant and advisor to executives regarding the execution of the overall payments and payments systems, including the payment platform strategy roadmap designed to modernize and streamline payments processes. They will partner closely with Digital Payments operational units, business project managers and other members of Digital Payments, the SMD system support teams, ETS support teams, and Digital Channels while also partnering with other stakeholder business units to ensure what is delivered fulfills operational needs, strategic needs and drives a superior member experience.

Requirements

Must-haves

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Collaborate with a cross-functional team to launch product vision and strategy
Streamline the execution of program priorities while maintaining the conceptual and technical integrity of the features or components for the team
Oversee and manage the associated payments platforms, serving as the subject matter expert and business unit point of contact for Digital Payments Leadership
Translate program vision into incremental delivery
Maintain an understanding and advanced knowledge of the functions, processes, and systems of other cognizant business units
Serve as subject matter expert regarding product functions and how they relate to other products and services
Serve as subject matter expert on Regulatory and network requirements for related digital payment systems
Partner with technology teams to build and maintain product backlog, refine users stories and ensure prioritization and execution aligns with organizational objectives
Partner with business analysts to integrate usability studies, user research, and market analysis to into product requirements
Analyze product usage and other empirical data and how that relates to key member needs to determine changes in product prioritization
Regularly analyze true needs for product features and constantly push for clear understanding of value
Proactively work with product team to formulate creative ideas or solutions for potential issues
Partner with department executives, leadership and other key personnel to develop the long-term strategic direction and technology roadmap
Guide and analyze benchmarking, trend analysis and other input to drive continuous improvement and elevate service performance
Bring external perspective and ideas from relevant sources, stay current with technology as well as, government/policy impacts and industry best practices
Determine when added product value should be pushed to members/employees

Nice-to-haves

Experience implementing digital payments platforms
Working knowledge of Navy Federal, NCUA, NACHA and Reg E policies, instructions, and regulations
Experience in one or more Savings & Membership functional areas and understanding of related Savings & Membership laws and regulations
Advanced knowledge of credit union operations/processes and procedures
Appropriate industry certification, such as AAP, for associated digital payment types
Master's Degree in Finance, Information Technology, Strategy or the or the equivalent combination of education, training or experience
Additional Information

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