Principal Payment Tech Development Manager

About the Role

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 includes developing card- and wallet-related functional and security requirements, consulting on test plans, and test tools for executing D-PAS card personalization and Mobile D-PAS Wallet validations—key prerequisites for successful D-PAS product acceptance. 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.

Responsibilities

• Technology Design & Product Development
  • Lead innovation: Manage, design, and develop new payment technologies for 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 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 debugging of technology products using L2 tools required for effective execution of type approval.
  • 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 delivery of high-quality services and tools aligned 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 escalate risks or customer-impacting issues to senior management during day-to-day operations.

Requirements

• 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.

Qualifications

• Bachelor’s or Master’s Degree in Engineering, Computer Science, or Technology (preferred).
• Experience working with EMV payments systems, mobile payment technologies including cloud-based payments, and secure elements (preferred).
• Deep understanding of EMV functional requirements and EMV security requirements (preferred).

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

Pay

The minimum and maximum full-time annual salaries for this role are listed below by location. Salaries for part-time roles will be prorated based on the agreed-upon number of hours worked regularly.

• McLean, VA: $151,900 - $173,400
• Chicago, IL: $138,100 - $157,700
• Riverwoods, IL: $138,100 - $157,700

Candidates hired to work in other locations will be subject to the pay range associated with that location. This role is also eligible for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives (LTI).

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support total well-being. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level. Learn more at the Capital One Careers website.