Principal Payment Tech Development Manager

Capital One; New York (NY); On-site; USD 166,000 - 189,000; Full time

Benefits offered by this job

Performance-based incentives

Comprehensive benefits

Job summary

Capital One seeks a Principal Payment Tech Development Manager to lead end-to-end design, development, testing, and delivery of card and mobile payment technologies, with emphasis on EMV and security requirements across devices and wallets.

The role directs standards, certification programs, vendor relationships, and cross-functional collaboration to mitigate risks and ensure compliant, scalable product rollouts. Based in NY or nearby, you’ll influence global payment initiatives.

Qualifications

• High School Diploma, GED or equivalent certification.
• At least 5 years of payment technology R&D experience.
• At least 2 years of experience supporting and interacting with internal or external business clients.

Responsibilities

• Lead end-to-end design and development of payment technologies for cards and mobile devices.
• Define product technology specifications focusing on functional and security features.
• Develop testing requirements, plans, and procedures for new payment technology products.
• Lead debugging using L2 tools for type approval of the product.
• Advise on certification requirements and compliance programs for seamless rollouts.
• Manage relationships with external vendors including card/chip manufacturers, test labs, and mobile app developers.
• Coordinate Standards Alignment and cross-functional communication on payment standards.
• Actively mitigate risks or customer-impacting issues to senior management.

Skills

Payment technology R&D

Client interaction

Education

Bachelor's or Master’s Degree in Engineering, CS or Technology

Tools

EMV payments systems

Mobile payments & cloud-based payments

Secure elements

Test labs/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

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Sales Territory: $138,100 - $157,700 for Principal Technical Consultant

McLean, VA: $151,900 - $173,400 for Principal Technical Consultant

New York, NY: $165,700 - $189,200 for Principal Technical Consultant

Riverwoods, IL: $138,100 - $157,700 for Principal Technical Consultant

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. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

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.

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).