Product Manager - Payments

Job Description

Product Manager - Payments

 

We are seeking a Product Manager to own and evolve our UK Payments portfolio – with a focus on Faster Payments (FPS) and Bacs. You will be responsible for shaping the roadmap for new payment capabilities, managing vendor relationships, analysing data to drive improvements and ensuring smooth day-to-day operations. 

 

We know that people want great value combined with an excellent experience from a bank they can trust, so we launched our digital bank, Chase UK, to revolutionise mobile banking with seamless journeys that our customers love. We're already trusted by millions in the US and we're quickly catching up in the UK – but how we do things here is a little different. We're building the bank of the future from scratch, channelling our start-up mentality every step of the way – meaning you'll have the opportunity to make a real impact. 

 

As a  Payments Product Manager  at JPMorgan Chase within the International Consumer Bank, you will be a part of a flat-structure organization. Your responsibilities are to deliver end-to-end cutting-edge solutions in the form of cloud-native microservices architecture applications leveraging the latest technologies and the best industry practices. You are expected to be involved in the design and architecture of the solutions while also focusing on the entire SDLC lifecycle stages.

 

Our Payments  team is at the heart of this venture, focused on getting smart ideas into the hands of our customers. We're looking for people who have a curious mindset, thrive in collaborative squads, and are passionate about new technology. By their nature, our people are also solution-oriented, commercially savvy and have a head for fintech. We work in tribes and squads that focus on specific products and projects – and depending on your strengths and interests, you'll have the opportunity to move between them. 

 

Key Responsibilities

• Product Ownership & Strategy: Lead the vision, strategy, and roadmap for UK payments products (FPS, Bacs), balancing operational excellence with innovation. Ensure products deliver customer value, comply with regulations, and remain resilient.
• Operational Excellence: Oversee daily payment operations to ensure the health of the platform and maintain high service levels. Take full ownership of the reliability, compliance, and performance of UK domestic payment platforms (FPS and Bacs).
  • Oversee daily operations, including incident management, SLA monitoring, bug tracking, and root cause analysis.
  • Proactively identify and mitigate risks, ensuring robust controls and audit readiness.
  • Collaborate closely with engineering and operations to resolve issues quickly and prevent recurrence.
  • Maintain comprehensive product documentation and ensure adherence to internal governance and external regulatory requirements.
  • Champion operational stability as a top priority, driving continuous improvement in system uptime, transaction success rates, and customer experience.
• Cross-Functional Collaboration: Partner with controls, finance, compliance, legal, and technology teams to deliver solutions that meet stakeholder and customer needs.
• Vendor & Scheme Management: Manage relationships with payment scheme providers, technology vendors, and service partners. Ensure SLAs are met, contracts are maintained, and performance is optimised.
• Data-Driven Improvement: Monitor payment performance metrics, analyse trends, and provide actionable insights to enhance efficiency, reliability, and customer experience.
• Change Delivery: Drive enhancements, regulatory change, and new feature delivery. Lead the analysis and implementation of scheme-driven changes (e.g., ISO 20022 migration, Confirmation of Payee, fraud initiatives).
• Product Development: Define requirements for backend engineering, design scalable APIs, and evolve transaction processing infrastructure. Ensure compliance with scheme mandates and regulatory obligations.
• Go-to-Market Enablement: Support operational readiness and partner enablement for new product launches and enhancements.

 

Skills, Qualifications & Experience

• Product Management Experience: 5+ years in product management, with at least 3 years focused on payments, ideally with direct exposure to UK domestic schemes.
• Industry Experience: Experience within a Tier 1 bank, payments service provider, or clearing/settlement houses.
• Payments Expertise: Deep knowledge of UK payment systems (FPS, Bacs, COP) and regulatory landscape (PSD2, PSR, FCA, PRA, Bank of England).
• Technical Fluency: Comfortable writing requirements for backend teams, designing API specs, and understanding messaging flows, reconciliation, and reporting.
• Operational & Change Leadership: Proven track record managing both BAU operations and product development, including incident management and regulatory change programmes.
• Cross-Functional Delivery: Experience leading complex projects with technology, operations, compliance, risk, and legal teams.
• Data & Analytics: Strong analytical skills, with hands-on experience using data and reporting tools to drive decisions.
• Stakeholder Management: Excellent communication skills, able to align technical and non-technical teams and represent product needs across a variety of different stakeholder fora
• Commercial Acumen: Understanding of cost drivers, pricing models, and P&L implications for payments products.

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

The Digital team is dedicated to creating innovative, industry-leading products and experiences that help customers access, share and control their financial data so they can make smart decisions with their money. Teams enable innovation while adhering to the firm’s data sharing principles of security, customer control and convenience, and privacy.