Associate, Process Manager

Capital One; Houston (TX); On-site; USD 66,000 - 76,000; Full time

Job summary

Capital One is seeking an Associate, Process Manager to oversee gateway and network billing operations. You will audit complex invoices, ensure accurate settlements, and partner with Finance, Engineering, and Product to optimize processing costs.

The role requires solid process management and analytical skills, with a focus on reducing billing leaks and improving governance. Key duties include end-to-end billing oversight, discrepancy resolution, and data-driven reporting.

Qualifications

• High School Diploma, GED or equivalent certification.
• 1 year of experience with Microsoft Office or G Suite.
• 1 year of process management experience.

Responsibilities

• Network & Gateway Fee Auditing: Review, reconcile, and audit monthly invoices from payment gateways, acquiring banks, and card networks.
• Transaction Billing & Settlement: Oversee end-to-end payment gateway transaction billing, fee application, payout reconciliation, and revenue assurance.
• Discrepancy & Dispute Resolution: Identify, investigate, and resolve billing anomalies and penalties with processor account managers.
• Financial Reporting & Analytics: Build dashboards to track processing costs, cost-per-transaction, and margins.
• Process Optimization: Evaluate routing and fee schedules to reduce costs and remove manual reconciliation.
• Cross-Functional Collaboration: Work with Engineering, Product, and Finance to configure billing features and payment methods.
• Compliance & Governance: Ensure billing practices conform to PCI-DSS and applicable regulations.

Skills

Process management

Analytical thinking

Attention to detail

Education

Bachelor's degree in Lean/Agile/Six Sigma/BPM or Project Management certification

Tools

Microsoft Office

G Suite

Job description

Associate, Process Manager

We are seeking a detail-oriented and analytical Gateway & Network Billing Specialist to manage, optimize, and reconcile our payment gateway and card network billing operations. In this role, you will be responsible for tracking, auditing, and processing complex transaction fee structures from major card networks (Visa, Mastercard) and payment gateways (e.g., Stripe, Adyen, Authorize.net). You will ensure accurate revenue settlement, eliminate billing leaks, and partner with finance, engineering, and product teams to optimize processing costs.

General Responsibilities:

• Network & Gateway Fee Auditing: Review, reconcile, and audit complex monthly invoices from payment gateways, acquiring banks, and card networks (interchange fees, assessment fees, gateway processing fees).
• Transaction Billing & Settlement: Oversee end-to-end payment gateway transaction billing, ensuring accurate fee application, payout reconciliation, and revenue assurance across all payment methods.
• Discrepancy & Dispute Resolution: Identify, investigate, and resolve billing anomalies, interchange downgrades, chargeback fees, and unexpected network penalties alongside processor account managers.
• Financial Reporting & Analytics: Build and maintain financial dashboards to track processing cost trends, cost-per-transaction metrics, and margin impacts to present actionable insights to leadership.
• Process Optimization: Continuously evaluate current payment routing and fee schedules to recommend cost-reduction strategies and eliminate manual reconciliation workflows.
• Cross-Functional Collaboration: Partner with Engineering, Product, and Finance to ensure new billing features, payment methods, or gateway integrations are configured correctly for accurate fee tracking.
• Compliance & Governance: Ensure all billing practices and data handling conform to PCI-DSS standards and relevant financial compliance regulations.

Basic Qualifications:

• High School Diploma, GED or equivalent certification
• At least 1 year of experience with Microsoft Office or G Suite
• At least 1 year of process management experience

Preferred Qualifications:

• Bachelors Degree Lean, Agile, Six Sigma, Business Process Management, or Project Management certification

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

• McLean, VA: $73,300 - $83,700 for Process Manager
• Riverwoods, IL: $66,700 - $76,100 for Process Manager
• Houston, TX: $66,700 - $76,100 for Process Manager

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws.

Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.