VP Product Innovation

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Payment Form Factors
Card Production Company

Work for a leading payment card production company that is innovative and customer-centric. You will lead the development of new products as well as the maintenance and enhancement of current products. This is your opportunity to define product strategy as you complete market assessments and positioning; build business cases, product roadmaps, capability assessments, and competitive landscape reviews; and analyze build, buy, and partner considerations.  Both contact and contactless chip products will be a part of your product group. If you want to take ownership to ensure that products are both developed through stage gates as expected and built to scale to meet high volume requirements this could be your next career step.

In this job, you will partner with the rest of the Leadership Team to meet revenue, profitability, and growth targets for your business unit that includes secure payment cards, transit cards, payment objects, wearables, and other forms of RFID cards; as well as establish a market leadership position in dual interface and metal card production and fulfillment services.

With 4 Direct reports you will report one step down from the CEO. 

Key Responsibilities:

  • Participate with Management and Peers to craft a strategic plan related to card manufacturing and related services for the payments industry
  • Support attainment of short-and long-term financial and operational goals with a primary responsibility to increase company profitability and ensure superior customer satisfaction
  • Develop, report, and hold the Team accountable for achieving new product release metrics including timely release of products per the schedule, attainment of new product revenue and margin goals, and other associated metrics
  • Develop strategic partnerships with key customers and suppliers across the payments industry 
  • Manage all financial budgeting, reporting, and cost reduction targets 
  • Assess the IT capabilities and partner with the Finance and IT organizations to ensure proper controls and alignment are in place for manufacturing
  • Maintain an annualized calendar to assure departmental coordination and prevent project overload
  • Attend trade shows and take speakership responsibilities 
  • Provide support to Sales in contract negotiations and customer site visits
  • Provide broad experience with the full range of business functions and systems including Strategic Development and Planning, P&L Management, Budgeting, Business Analysis, Finance, Information Systems, Human Resources, and Marketing
  • Provide exceptional capacity to manage and lead people; be a team builder with your experience in scaling up organizations and your ability to connect with staff both on an individual level and in large groups
  • Enforce accountability, develop and empower topnotch leaders from the bottom up, lead from the top down, cultivate entrepreneurship, and learn the strengths and weaknesses of the Team so as to put people in a position to succeed 
  • Remain highly motivated and able to influence and inspire others
  • Determine annual capital expenditure requirements with the input of Senior Management and approve ongoing capital expenditures attending to timing requirements for appropriate cash flow
  • Convene problem solving and process flow reviews to resolve on-going issues and improve efficiency and effectiveness
  • Work with other Business Unit Leaders to drive a culture of success by determining and implementing best practices

Ideal Background:

  • 10+ years Product Management and Product Development experience within the card manufacturing or payments industry
  • Success across the payments markets in delivering products that have created long-last revenue streams
  • Experience managing the entire end-end product life cycle for payments products and services 
  • Experience in and accountability for managing multiple, complex projects
  • Experience in leading and managing dedicated and virtual team members
  • Knowledge of dual interface and metal card manufacturing
  • Energetic, forward-thinking, and creative with high ethical standards and an appropriate professional image  
  • Ability to travel if necessary
  • Strategic thinker who anticipates future consequences and trends to incorporate them into the organizational plan
  • Adaptable to changing business requirements and able to modify production capabilities where required
  • BA/BS; MBA preferred

Corbin Simon
Schedule a Call with Corbin

Client Partners

Unlike many in the recruiting & placement industry, Amy and the R&P team are extremely adept at understanding the capabilities and personalities of both the client and the prospective new hire. I’d work with them again without reservation.

Product Development Executive, Emerging Payments
Worked with R&P Group as a Candidate and Hiring Manager

We’re in the business of doing big things. We appreciate and value your partnership. I can confidently say this has been the best experience I’ve had with a Talent Acquisition partner in my career. Thank you.

SR. Sales Manager, Incentives & Rewards SaaS
Worked with Ian Horsted as a Hiring Manager

Navigating the intricate landscape of the payments industry requires a knowledgeable ally, and R&P Group is simply unparalleled in this domain… Deep industry insights, vast network, and keen understanding of both company and candidate needs. Truly a recruiting master.

Program Manager, Prepaid Cards
Placed By Terese Tyler

Amy was pivotal in my decision to leave a very stable environment at a 5,000 person company to join the entrepreneurial world, and I have never looked back. Amy professionally moderated the entire process.

Head of Product, Payments & Currency Conversion Platform
Placed By Amy DeBerg

Reviewing the candidates R&P Group presented was like reading the menu at my favorite restaurant:
all good choices.

CEO, International Money Transmitter
Worked with Amy DeBerg

Thanks to you and your team for the coaching, partnership, and enthusiastic support during my career transition process.

Top-Producing Corporate Card Sales Executive Placed By Ian Horsted

Professional, polished, and with a sharp eye for niche talent, Terese is a pleasure to work with through and through. From the start to finish of each process, Terese is communicative and positive yet straightforward. I highly recommend working with R&P Group.

Consumer Marketing Leader, Payments Program Manager
Placed By Terese Tyler

R&P Group was very easy to work with – and very friendly! They brought me the best candidates for my open positions and even did the negotiating.

SVP Sales, Commercial Card Issuer
Worked with Ian Horsted

I am so passionate about my new position, where R&P Group placed me. They’ve made a great fit for both me and my new company!

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Worked with Helen Majusiak

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Payroll Cards
Worked with Ian Horsted

Thank you for all your assistance during my job search. My new job is a great fit.

SVP, National Sales, Commercial Payments
Placed by Ian Horsted

I truly, truly appreciate your work in getting me on board at Blackhawk Network. It's been a great fit, and I'm incredibly happy...thanks to you!

Sr. Manager, Business Development, Disbursements
Placed by Ian Horsted

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601 S. Phillips Ave. | Sioux Falls, SD | 605.274.8800

601 S. Phillips Ave.
Sioux Falls, SD

Whether you are an employer with a position to fill or a qualified candidate looking for a new challenging opportunity, R&P Group is here to help. Contact us by filling out the form, email or call us. Then, let us work our magic.

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