Senior Associate, Product Manager- Retail Bank

114 5th Ave (22114), United States of America, New York, New York

Senior Associate, Product Manager- Retail Bank

Capital One offers industry-leading credit cards, checking accounts, savings accounts, auto loans, and other financial products that are central to the way that more than 65 million people live every day. Making payments is integral to managing their money.

Capital One’s Retail Bank team is defining the roadmap that will enable the bank’s overall digital payments strategy, modernizing existing payment types and introducing the latest innovations. In an industry rooted in mainframe systems and batch processes, we are driving toward a cloud-based, API/microservice architected, real-time data environment. The world is moving toward faster payments and Capital One is not just ahead of the curve, but defining it. We are a tech-centric company and an innovation laboratory within the only founder-led, top 10 bank in the U.S.

The Product Manager for the Retail Bank team plays a critical role in achieving our goals.  This is a highly collaborative role, where the individual will work closely with a team of product managers as well partnering with designers, engineers, data scientists, operations, and business partners to transform the experience for all of our customers. Through this collaboration, the individual will shape the product strategy and then develop, launch, and enhance payments experiences that will meet the unique needs of our customers, ranging from consumer to small business to commercial personas across both lending and deposit products.

Stakeholder management is a key to success as you will work with a large amount of teams to drive the work and hit delivery timelines. You will work closely with many teams that own different applications to help them understand the impact your product may have on them. You will develop a product by analyzing problems, developing simple and intuitive solutions and then, working with our agile teams, delivering those user experiences on the latest technologies. You’ll need to be equally comfortable navigating the development with our tech partners as you are communicating user experience, operational fulfillment, and risk with our business partners.

What will you do? 

The successful candidate will flex between playing the Product Manager “exploration” role and the Product Owner “execution” role. You will leverage your design thinking skills to find creative and targeted solutions to our end users needs to create a game changing user experience in the Payments Industry. You will also have full Product Owner authority for a critical agile team to bring this UX to life. You will own the following:

• Work in a hands-on, collaborative environment with top designers, engineers, data scientists, and analysts to build breakthrough experiences and products

• Participate in Design Thinking, Agile, and LEAN rituals which establish rhythm for the team, promote ongoing communication, and iterative refinement of roadmaps

• Work closely with business partners across the enterprise to ensure your product functionally solves their needs, in the agreed upon timelines for implementation

• Regularly and systematically use data to uncover opportunities, track product performance, and drive decision making

• Partner with other PdMs and POs in performing prioritization of work based on product vision and use cases presented from across the enterprise.

• Manage and groom the backlog of stories for assigned agile delivery teams.

• Sit embedded with the tech team, working with them to resolve doubts and prioritize, negotiate, and remove blockers to orchestrate successful launch or optimization cycle

• Serve as subject matter expert, contributing practitioner, and thought leader

What you'll need to be successful:

• A high level of intellectual curiosity and comfort with ambiguity

• Appreciation of the payments industry and the evolution that is currently unfolding

• Analytical problem solver who can clearly identify, analyze, and resolve issues as they arise

• Collaborative, team player attitude with the ability to navigate and influence the organization

• Execution focused – Results-oriented with a "can do" attitude and a bias for action

• Enthusiastic, knowledgeable and passionate around agile product management, with the

• goal of delivering breakthrough consumer experiences

• Proven experience executing a transformational product strategy while successfully tackling ambiguity independently

• Strong communication, facilitation, presentation, and interpersonal skills Knowledge and passion for emerging technologies and how they are used to empowe