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Credit Card Product Mgr (Processing Analyst)

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One of our valued global Fortune 500 financial service credit card companies is in need of a contract/freelance talent to join their team to share their skills as a freelance Product Manager (Processing Analyst) within the Credit Card Group. This is onsite or offsite, 2 - 3 months assignment.

This highly qualified candidate will fully understand “credit card issuers” and “processing” in credit cards. Using strong analytical skills, the Candidate will work with this financial client to analyze the processing transactions and make recommendations and present those recommendations to the issuer. The analysis will consist of - but not be limited to - merchant rates and fees, functionality of systems in banking, interchange rates and optimizing revenue. From the analysis, the Candidate will identify sub-optimal interchange flow and provide recommendations within the broader context to the issuer. Candidate will also serve as a knowledge transfer and facilitate training to those on the client team. Candidate will help optimize in-house processing using their knowledge of credit card drivers of merchant rates and fees.

Requirements:
• Bachelor Degree or higher education
• 10+ years experience in credit cards/financial services
• Candidate needs to understand the acquiring and processing within credit cards with strong analytical capabilities
• Ability to identify sub-optimal interchange flow and provide recommendations within the broader context of the acquirer’s business
• Possess deep understanding of the various drivers of “merchant rates” and “fees” (e.g. cost to the merchant)
• Understand the functionality of systems in banks and environments, e.g. “interchange rates” and “optimizing revenue.”

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