Sr. Associate, Product Manager - Settlement Core Products at Capital One

Riverwoods, Illinois, United States

Capital One Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

  • Intellectually curious: ask why, explore, comfortable with ambiguity, hunger to learn, seeker of new challenges
  • Communicator & Influencer: communicate complex ideas clearly to any audience, rally associates to work together, ensure team knows priorities and rationale
  • Do-er: biased toward action, try things (even if failing sometimes), get around roadblocks, stay focused on goals, well-organized, able to multitask and prioritize
  • Passionate & Customer Focused: care about growing others, bring teams together, thrill from building and shipping products, desire to connect with external/internal customers to fully understand needs

Responsibilities

  • Collaborate with tech teams to build comprehensive acceptance criteria, identifying and elevating needs for additional research to define future feature design
  • Break down business epics into features and user stories, driving team toward lowest effort or Minimal Viable Product (MVP) for valid feature tests
  • Demonstrate growth mindset, using hypothesis-driven data assessment to ensure products/features deliver on real business needs
  • Own and prioritize feature development roadmaps, ensuring all necessary processes and procedures are followed to manage risk
  • Work autonomously in agile environment to conduct research and develop features utilizing new and evolving technology
  • Collaborate with designers, technologists, data scientists, and subject-matter experts to build cutting-edge solutions for customers
  • Deliver well-managed product platforms by understanding technology trends and architecture strategy
  • Actively participate in horizontal forums to harness network of trusted relationships among tech teams, designers, key internal stakeholders, and partner teams
  • Articulate succinct product roadmap to deliver business value, share with stakeholders, elevate team results, and become a product matter expert
  • Support settlement and clearing functions in Core Platform Settlement Domain to ensure secure, reliable, efficient fund transfers through modernization and optimization, enabling new technologies and products/services

Skills

Product Management
Agile
User Stories
MVP
Roadmap Prioritization
Hypothesis-Driven Development
Acceptance Criteria
Business Epics

Capital One

Offers diverse financial products and services

About Capital One

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.

McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program

Risks

Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.

Differentiation

Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.

Upsides

Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.

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