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Product Manager - Merchant Services

Huntington National Bank

Detroit (MI)

Hybrid

USD 93,000 - 189,000

Full time

11 days ago

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Job summary

An established industry player is seeking a talented Product Manager for Merchant Services to lead the development and launch of innovative products. This role involves identifying new opportunities, managing product profitability, and driving revenue growth. The ideal candidate will have a strong background in product management within the payments sector and exceptional analytical skills. Join a dynamic team that values collaboration and creativity, and contribute to the strategic growth of a vital product line in a thriving financial services environment.

Benefits

Health Insurance
Wellness Program
Life Insurance
Retirement Savings Plan
Paid Leave
Paid Holidays
Paid Time Off

Qualifications

  • 8+ years in product management or solutions consulting in payments.
  • Strong technical background with payment gateway APIs.

Responsibilities

  • Manage and launch new merchant services products.
  • Collaborate with partners for product integrations.
  • Define product strategy including pricing models.

Skills

Product Management
Analytical Skills
Problem-Solving
Communication Skills
Negotiation Skills
Agile Development
Technical Background in Payments

Education

Bachelor’s Degree

Tools

Jira
Figma
Monday
Word
Excel

Job description

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Summary:

The Product Manager - Merchant Services is responsible for managing, building, and launching new merchant services products in assigned customer segment(s) to drive revenue growth that aligns with business growth. This includes identifying new product opportunities, preparing business cases, managing product profitability and contributing to the strategic growth of the product line.

Description

Summary:

The Product Manager - Merchant Services is responsible for managing, building, and launching new merchant services products in assigned customer segment(s) to drive revenue growth that aligns with business growth. This includes identifying new product opportunities, preparing business cases, managing product profitability and contributing to the strategic growth of the product line.

Duties And Responsibilities

  • Drive merchant services products assigned customer segment(s).
  • Collaborate with partners to drive job initiatives, product integrations, and mutual growth.
  • Lead the onboarding process for new partners, ensuring they have the necessary resources and support migration.
  • Define and execute the product strategy for the assigned customer segment, including pricing models, revenue-sharing agreements and profitability analysis.
  • Manage the product P&L.
  • Identify and evaluate potential vertical solutions that aligns with business objectives.
  • Formalize and sign partnership agreements with vertical solution providers.
  • Support the commercialization and marketing efforts of these products by training internal and external stakeholders, ensuring they leverage the full potential of the enterprise product suite and fostering collaboration across sales, development, and operations teams to bring products to market successfully.
  • Performs other duties as assigned.


Basic Qualifications

  • Bachelor’s Degree
  • Minimum of 8 years in product management or solutions consulting, within payments industry


Preferred Qualifications

  • Strong technical background with the ability to understand and work with payment gateway application programming interfaces (APIs).
  • Excellent analytical and problem-solving skills.
  • Demonstrated ability to develop and execute commercial payment strategies.
  • Previous experience managing partnerships with fintech companies and payment gateways.
  • Exceptional communication and interpersonal skills.
  • Strong project management and organizational skills.
  • Strong negotiation skills.
  • Adept at managing Agile development process with proficiency in tools like Jira, Figma, Monday.
  • Thorough knowledge of various software programs including Word and Excel, and the ability to quickly learn additional systems/software.


Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range

$93,000 - $189,000 Annual Salary

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Product Management and Marketing
  • Industries
    Banking, Financial Services, and Investment Banking

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