VySystems · 21 hours ago
Product Owner
United States
Contract
Remote
Senior Level
7+ years exp
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Responsibilities
Provide expert knowledge in credit card systems, including credit, debit, prepaid cards, Onboarding, Account opening, Authorization, A/R receivables processing, A/C Payables, Collections
Offer insights into industry trends, regulatory requirements (e.g., PCI DSS, EMV standards), and emerging technologies (e.g., contactless payments, digital wallets).
BIAN Awareness and Service Domains knowledge
Lead the implementation of BIAN standards within credit card systems.
Ensure alignment of card product development and integration with BIAN frameworks.
Collaborate with Product, Engineering, and IT teams to design and develop innovative card solutions.
Advise on card product configurations, features, and integration with existing banking/payment systems.
Enhance card issuance, processing, dispute resolution, authorization, and settlement processes.
Identify and implement improvements in card transaction workflows and suggest automation solutions.
Ensure card products comply with local and international regulations (e.g., PCI compliance, fraud detection, KYC, AML).
Conduct regular risk assessments and audits to mitigate fraud, security breaches, and data compromise.
Provide training and mentorship to internal teams on card-related processes and best practices.
Serve as an escalation point for complex card-related issues, including chargebacks, fraud detection, and technical challenges.
Liaise with external partners, vendors, and payment networks (Visa, MasterCard, etc.) to ensure seamless product integration and compliance.
Report on card program performance and improvements to leadership.
Qualification
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Required
At least 7 years of experience in the card’s domain (credit, debit, prepaid) within financial services or fintech.
Proven track record in card product development, transaction processing, and operational management.
Practical experience in implementing BIAN standards.
Strong understanding of card processing systems, including authorization, clearing, and settlement.
Familiarity with ISO 8583 messaging, EMV standards, and PCI DSS compliance.
Knowledge of fraud detection techniques, dispute resolution, and regulatory compliance.
Proficiency in payment gateway integration, acquiring/issuing processes, and reconciliation.
In-depth understanding of BIAN standards and their application in card product development and integration.
Excellent verbal and written communication skills.
Ability to convey complex technical concepts to non-technical stakeholders.
Preferred
Experience with emerging payment technologies such as mobile payments, tokenization, and blockchain.
Previous involvement in digital transformation projects in the financial industry.
Understanding of global card schemes and regional payment networks.
Company
VySystems
Vy Systems is a part of vy.ventures and is in the business of Technology consulting, Solutions, and Managed Services, providing invaluable services across many countries since 2002.
501-1,000 employees
Funding
Current Stage
Late StageLeadership Team
Ramesh Santhanam
Founder and CSO
Company data provided by crunchbase
