Jobs · Engineering · Illinois

Principal Payment Tech Development Manager

Capital One · Deerfield, IL · 6 days ago
Engineering$138k–$158k/yrFull-time

Core Responsibilities

  • Technology Design & Product Development
    • Lead Innovation
    • Manage, design, and develop 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 the technology products using L2 tools required for the 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 the 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

Basic Qualifications

  • A 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

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