Principal Payment Tech Development Manager

Capital One; Deerfield (IL); On-site; USD 140,000 - 190,000; Full time

Job summary

Capital One is seeking a Principal Payment Tech Development Manager to lead end-to-end design, development, testing, certification, and delivery of contact and mobile payment technologies. The role emphasizes defining security-focused specifications, and managing vendor relationships to ensure compliant, high-quality product rollouts.

Responsibilities include leading validation efforts with L2 tools, developing testing frameworks, and collaborating with internal/external stakeholders on payment

Qualifications

• High school diploma or equivalent required.
• 5+ years in payment technology R&D.
• 2+ years customer-facing collaboration experience.

Responsibilities

• Lead end-to-end design, development, testing, and delivery of payment devices.
• Define specs focusing on functional and security features.
• Create and manage testing requirements, plans, and procedures.
• Lead debugging using L2 tools for type approval.
• Advise on certification requirements and compliance programs.
• Manage vendor and partner relationships with card and chip makers, labs, and tool providers.
• Educate stakeholders on payment standards and specs.
• Actively mitigate risks affecting customers.

Education

High School Diploma, GED or equivalent certification

Bachelor's or Master’s Degree in Engineering, Computer Science or Technology

Tools

EMV test tools

Job description

The Principal Payment Tech Development Manager will lead the end-to-end design, development, testing, certification, and delivery of contact/contactless chip technologies, mobile payments, and other emerging payment devices. A critical focus of this role includes leading the development of card- and wallet-related functional and security requirements, consult on test plans, and test tools necessary for executing D-PAS card personalization and Mobile D-PAS Wallet validations—both of which are vital prerequisites for successful D-PAS product acceptance. The Manager will act as a key technical contributor to product specifications (functional and security features), manage strategic vendor relationships, and proactively mitigate risks or customer-impacting issues.

Core Responsibilities

• Technology Design & Product Development
  • Lead Innovation: Manage, design, and develop new payment technologies for both card acceptance devices and payment devices (including contact/contactless chips, mobile, and cloud-based payments)
  • Define Specifications: Contribute to the development of product technology specifications, focusing heavily on functional and security features.
• Testing, Certification & Compliance
  • Framework Development: Create and maintain comprehensive testing requirements, test plans, and procedures for new payment technology products.
  • Validation Ownership: Lead the debugging of the technology products using L2 tools required for the effective execution of type approval of the product.
  • Compliance Program Design: Advise on establishing certification requirements and compliance programs to ensure seamless, standardized product rollouts.
• Vendor & Partner Management
  • Strategic Partnerships: Manage relationships with external vendors, including card and chip manufacturers, test laboratories, test tool providers, and mobile application developers.
  • Quality Assurance: Oversee external partners to ensure the delivery of high-quality services and tools that align with corporate standards.
• Industry Standards & Stakeholder Collaboration
  • Standards Alignment: Manage and participate in the development of payment specifications within relevant global standardization organizations.
  • Cross-Functional Communication: Educate, communicate, and collaborate with internal and external stakeholders regarding new and updated payment standards and specifications.
• Risk Management & Operations
  • Proactive Mitigation: Actively manage, mitigate, and elevate risks or customer-impacting issues to senior management during day-to-day operations.

Basic Qualifications

• High School Diploma, GED or equivalent certification
• At least 5 years of payment technology research and development experience
• At least 2 years of experience supporting, partnering and interacting with internal or external business clients

Preferred Qualifications

• Bachelor's or Master’s Degree in Engineering, Computer Science or Technology
• Experience working with EMV payments systems, mobile payment technologies including cloud-based payments and secure elements
• Deep understanding of EMV Functional requirements and EMV Security requirements

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 promotes a drug‑free workplace. 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.