Overview
On Site
USD 50.00 - 60.00 per hour
Full Time
Skills
Financial Services
Preventive Maintenance
Performance Management
Project Management
Product Development
Documentation
Regulatory Compliance
Legal
Innovation
Risk Management
Pricing Strategy
Management
Product Management
Business Cases
Business Requirements Gathering
Product Launch
Go-To-Market Strategy
Use Cases
Embedded Systems
ACH
RTP
Credit Risk
Network
Payments
Banking
Taxes
Life Insurance
Collaboration
Partnership
Law
Job Details
Description
Our client is seeking an experienced, well-rounded payment professional to join an embedded payments OBO PM team. The ideal individual will have experience across multiple payment methods and product management within the financial services industry. The ideal candidate will have expertise in risks unique to various payment methods including ACH, Checks, Wire, RTP, Card include formatting, international, returns, and associated credit risk especially in the OBO payment space.
The Embedded Payments OBO PM team is responsible for a portfolio of innovative Fintech clients that facilitate payments on behalf of their customers (C2s). These Fintech clients provide payment services to a wide variety of end customers across multiple industries utilizing a variety of payment methods via OBO and For Benefit Of (FBO) custodial accounts.
Skills & Qualifications
Pay and Benefits
The pay range for this position is $50.00 - $60.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
Medical, dental & vision
Critical Illness, Accident, and Hospital
401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
Short and long-term disability
Health Spending Account (HSA)
Transportation benefits
Employee Assistance Program
Time Off/Leave (PTO, Vacation or Sick Leave)
Workplace Type
This is a fully remote position.
Application Deadline
This position is anticipated to close on Mar 19, 2025.
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Our client is seeking an experienced, well-rounded payment professional to join an embedded payments OBO PM team. The ideal individual will have experience across multiple payment methods and product management within the financial services industry. The ideal candidate will have expertise in risks unique to various payment methods including ACH, Checks, Wire, RTP, Card include formatting, international, returns, and associated credit risk especially in the OBO payment space.
The Embedded Payments OBO PM team is responsible for a portfolio of innovative Fintech clients that facilitate payments on behalf of their customers (C2s). These Fintech clients provide payment services to a wide variety of end customers across multiple industries utilizing a variety of payment methods via OBO and For Benefit Of (FBO) custodial accounts.
- 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 client risk management efforts including ensuring appropriate documentation and ongoing oversight.
- Partner with legal to develop and maintain OBO and FBO legal documentation and all complex 3rd party fintech relationships.
- Collaborate with product, risk, compliance, and legal teams to ensure that risk controls are aligned with both regulatory requirements and the evolving needs of the portfolio.
- Partner with relationship teams to ensure that portfolio growth, profitability, and innovation are balanced with effective risk management.
- Establish and maintain OBO & FBO pricing strategy 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 methods and channels as applicable to OBO payment use cases.
Skills & Qualifications
- Familiarity with various Embedded Payment business models (PayFac, On Behalf Of, For Benefit Of) and associated risk profiles.
- Expertise in risks unique to various payment methods including ACH, Checks, Wire, RTP, Card include formatting, international, returns, and associated credit risk especially in the OBO payment space.
- Understanding of payment network and regulatory rules that govern OBO payments.
- Experience in fintech, payments, banking as a service, or digital banking environments.
Pay and Benefits
The pay range for this position is $50.00 - $60.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
Medical, dental & vision
Critical Illness, Accident, and Hospital
401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available
Life Insurance (Voluntary Life & AD&D for the employee and dependents)
Short and long-term disability
Health Spending Account (HSA)
Transportation benefits
Employee Assistance Program
Time Off/Leave (PTO, Vacation or Sick Leave)
Workplace Type
This is a fully remote position.
Application Deadline
This position is anticipated to close on Mar 19, 2025.
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.