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VA
Head of Payments & Partnership Modernization
Valley National BankMorristown, United Statesfull_timeVerifiedPosted 23 Oct 2025
About the role
Responsibilities include but are not limited to:
- Develop and execute the modernization roadmap for payments and partner banking platforms aligning initiatives with Valley's enterprise architecture and transformation goals
- Serve as the executive sponsor for modernization programs including RTP, FedNow, and embedded finance capabilities
- Lead the selection, integration, and lifecycle management of payment technologies and partner banking platforms
- Oversee interoperability with customer-facing systems via open APIs and digital channels
Ensure modular architecture that reduces reliance on incumbent core vendors - Collaborate with Risk, Compliance, and Legal to operationalize sponsorship programs and FBO account structures
- Ensure high availability, flawless transaction execution, and competitive pricing of Valley's payment solutions
- Integrate specialized products (FX, Trade Finance, Asset-Based Lending) into the broader modernization strategy
- Drive AML/BSA compliance and transaction monitoring enhancements. Partner with Treasury Sales, Commercial Services, Data & Analytics, and Fraud Prevention teams to define and deliver future-state capabilities
- Lead internal and external stakeholder engagement to accelerate delivery and adoption.
- Proven track record of leading enterprise-scale transformation initiatives.
- Deep understanding of payment rails (ACH, wire, RTP, FedNow), API architecture, and partner banking models.
- Strong leadership, communication, and strategic planning skills.
- Handles complex issues calmly and creatively.
- Thrives in fast-paced, evolving environments.
- Bachelor's degree in Business, Finance, Technology, or related field.
- Minimum of 10 years of experience in payments, banking technology, or fintech partnerships.
- Proven track record of leading large-scale modernization initiatives and strategic partnerships.
- Deep understanding of payment systems, regulatory frameworks, and emerging technologies.
- Strong leadership, negotiation, and stakeholder management skills.
- Experience managing vendor relationships and internal development teams.
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