Principal Payment Tech Development Manager

About the Role

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, consulting 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.

Responsibilities

• Technology Design & Product Development:
  • Lead innovation in managing, designing, and developing new payment technologies for both card acceptance devices and payment devices (including contact/contactless chips, mobile, and cloud-based payments)
  • Contribute to the development of product technology specifications, focusing heavily on functional and security features
• Testing, Certification & Compliance:
  • Create and maintain comprehensive testing requirements, test plans, and procedures for new payment technology products
  • Lead the debugging of technology products using L2 tools required for effective execution of type approval of the product
  • Advise on establishing certification requirements and compliance programs to ensure seamless, standardized product rollouts
• Vendor & Partner Management:
  • Manage relationships with external vendors, including card and chip manufacturers, test laboratories, test tool providers, and mobile application developers
  • Oversee external partners to ensure delivery of high-quality services and tools that align with corporate standards
• Industry Standards & Stakeholder Collaboration:
  • Manage and participate in the development of payment specifications within relevant global standardization organizations
  • Educate, communicate, and collaborate with internal and external stakeholders regarding new and updated payment standards and specifications
• Risk Management & Operations:
  • Actively manage, mitigate, and escalate risks or customer-impacting issues to senior management during day-to-day operations

Qualifications

• 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

Pay

The minimum and maximum full-time annual salaries for this role are listed below, by location:

• 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. The actual annualized salary amount offered will be reflected in the candidate’s offer letter. This role is also eligible to earn performance-based incentive compensation, which may include cash bonuses and/or long-term incentives (LTI).