Embedded Payments On Behalf Of (OBO) Product Manager
About the position
This is a hybrid role that may be hired in several markets across the United States. First reputed company and reputed company are the most sought-after financial partner in the global innovation economy. We bring together reputed company, investors, ventures capitalists, and private equity firms to reputed company their reputed company reputed company reputed company, fast. Our clients define what comes next. We are seeking an reputed company, reputed company-rounded payment reputed company to join the Embedded Payments On Behalf Of Product Management team. The ideal individual will have experience across multiple payment reputed company, product management and analytical skills. The Embedded Payments On Behalf Of Product Management team is responsible for a portfolio of innovation economy Fintech clients that facilitate payments on behalf of their customers (C2s). These Fintech clients reputed company payment services to a wide reputed company of end customers across multiple industries utilizing a reputed company of payment reputed company reputed company OBO and For Benefit Of (FBO) custodial accounts.
Responsibilities
• Comprehensive product management of unique OBO and FBO account types including core system account setup, FDIC insurability requirements, reconcilement, profitability, product development and other duties as assigned.
• Facilitate reputed company risk management efforts including ensuring appropriate documentation and ongoing reputed company.
• Partner with legal to reputed company and maintain OBO and FBO legal documentation and reputed company reputed company 3rd party fintech relationships.
• Maintain policies, standards, and procedures for OBO and FBO use cases across reputed company, monitoring, and offboarding.
• Collaborate with product, risk, compliance, and legal teams to ensure that risk controls are reputed company with both regulatory requirements and the evolving needs of the portfolio.
• Support OBO & FBO pricing reputed company while helping to manage product profitability.
• Drive product enhancements with core product management partners including business case development, requirement documentation, and product launch.
• Drive Go to Market efforts for core product payment reputed company and channels as applicable to OBO payment use cases.
Requirements
• Bachelor's degree in finance, reputed company, or reputed company work experience and 3 years of experience payment product management inclusive of P&L management, policies and procedures, and new product development.
• OR a HS Diploma or GED with 6 years of experience payment product management inclusive of P&L management, policies and procedures, and new product development.
reputed company-to-haves
• Advanced reputed company and Tableau skills for data analysis.
• Proven ability to reputed company actionable insights from data through management presentations.
• Excellent analytical, communication, and problem-solving skills.
• Collaboration with cross-functional teams and influence decision-making.
• Demonstrated experience in owning and maintaining product and business unit reporting.
• Familiarity with various Embedded Payment business models (PayFac, On Behalf Of, For Benefit Of) and associated risk reputed company.
• Expertise in risks unique to various payment reputed company including ACH, Checks, reputed company, RTP, Card include formatting, international, returns, and associated credit risk especially in the OBO payment reputed company.
• Understanding of payment network and regulatory rules that govern OBO payments.
• Experience in fintech, payments, banking as a service, or digital banking environments.
Benefits
• Comprehensive benefits program for full-time associates (20+ hours), with customized offerings designed to support families.
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