Product Owner - Payments

Location

India – Chennai/Pune

Full/Part Time

Full time

Experience Level

10+ years of experience

Colleagues having a face-to-face discussion in a casual office setting.

About Finzly

Headquartered in Charlotte, NC, and founded in 2012 by visionary minds shaping the future of banking and payments in the US, Finzly makes bank transformation radically simple. Our core-independent platform is trusted by some of the market’s leading financial institutions to transform operations and launch new products and services at speed.

We’ve been recognized with 20+ industry awards—including three years in a row as one of the Best and Brightest Places to Work—as well as accolades for Best Parallel Core Technology, Best Corporate Payments Solution, Best Payments-as-a-Service Provider, and Best Trading System. Quite simply, Finzly is known for being the best in everything we do, giving you the perfect opportunity to grow your career with impact.

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About the Role:

We are seeking a Product Owner to join our dynamic team. The ideal candidate will have a strong background in banking and financial applications, with expertise in ACH, Wire Transfers (Fedwire & SWIFT), RTP, ISO 20022 messaging, and other payment rails. This role requires experience in requirement gathering, process optimization, system testing coordination, and product ownership to support payment operations, compliance, and digital transformation initiatives.

Key Responsibilities:

Payments System Analysis & Implementation

Gather, analyze, and document business requirements for ACH, Fedwire, SWIFT, RTP, and ISO 20022 payment processing.
Define use cases and functional specifications for payment-related features.
Collaborate with stakeholders (Product Owners, Developers, QA, and Operations) to ensure smooth implementation of payment solutions.
Work with ISO 20022 message structures, mapping legacy formats to new standard messages for Fedwire Funds Service and international transactions.

Process Optimization & Compliance

Identify opportunities for automation and process improvements in ACH, Wire, and Real-Time Payments workflows.
Ensure compliance with regulatory standards, including NACHA rules, FinCEN Travel Rule, and Fedwire guidelines.
Support fraud detection, risk mitigation, and AML compliance in payment operations.

Testing & Defect Management

Define test scenarios and perform UAT coordination for payment system enhancements.
Work closely with QA teams to validate payment message formats (pacs.008, pacs.004, camt messages, etc.).
Monitor and resolve defects related to payment processing.

Stakeholder Collaboration & Reporting

Act as a liaison between business and technology teams to define and prioritize payment initiatives.
Provide detailed reports and dashboards on payment transaction trends, operational efficiency, and compliance risks.
Develop and deliver training materials for end-users on new payment functionalities.

Required Skills & Qualifications

Technical & Domain Expertise

5+ years of experience as a Business Analyst in US payments (ACH, Wires, RTP, SWIFT, ISO 20022).
Deep understanding of Fedwire, SWIFT, ACH, and RTP processing.
Experience in ISO 20022 payment messages and cross-border payment processing.
Proficiency in SWIFT MT and MX message formats.
Knowledge of payment system integrations, APIs, and core banking platforms.

Business Analysis & Project Management

Strong requirement gathering & documentation skills (BRD, FRD, User Stories).
Experience in Agile/Scrum methodology and JIRA/Confluence.
Hands-on experience in defect management, UAT coordination, and test case validation.
Ability to analyze data and create reports using SQL, Excel, and BI tools.

Regulatory & Compliance Knowledge

Knowledge of NACHA rules, Fedwire requirements, FinCEN Travel Rule, OFAC screening.
Understanding of AML, fraud detection, and compliance controls in payment operations.