Position Summary
Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a leader in mobile technologies, consumer electronics, home appliances and enterprise solutions. The company pushes beyond the limits of today’s technology to provide groundbreaking connected experiences across its large portfolio of products and services, including mobile devices, home appliances, home entertainment, 5G networks and digital displays. As an eleven-time winner of EPA’s ENERGY STAR® Partner of the Year Award for Sustained Excellence, SEA is dedicated to making a positive impact on the environment through its eco-conscious products, practices and operations.People | Excellence | Change | Integrity | Co-prosperity
Role and Responsibilities
About the team
Samsung Fintech is a newly created team that brings together bold visionaries and industry experts to transform the future of finance by leveraging Samsung Electronics’ innovative heritage, scale, and global reach. By combining Samsung’s cutting-edge technology with a deep understanding of consumer needs, we aim to create seamless and secure financial solutions that simplify everyday financial tasks while making the payment experience as effortless as possible on all channels.
Role & Responsibilities
We are looking for an experienced and motivated candidate with significant experience in building and launching consumer products, particularly those related to financial services and payments, to join Samsung Electronics’ North America Fintech Business team as a Product Manager (PM). In this position, you will be key in conceptualizing and implementing new financial product strategies and features into existing channels such as Samsung Wallet and Samsung.com. You will also explore the white space within new channels, including but not limited to, Samsung’s TVs and smart appliances. This position will also play a critical role in setting up for global expansion and practice outside of the North American market.
The scope includes specifying detailed customer experiences, use cases, and product and technical requirements. You will be responsible for collaborating closely with various internal teams, such as Design, Engineering, Business Development, Legal, and Marketing, and external stakeholders, such as payments networks, financial institutions, and other industry players.
You aim to create products that align with Samsung Fintech’s business vision and customer experience principles by combining your technical and domain expertise, business insight, logical thinking, and communication abilities.
The ideal candidate will possess both a business background that enables them to drive engagements and interact at the commercialization level and a payments-related technical background that enables them to comfortably and effectively interact with designers and engineers.
Work with the Fintech Business Development team to assess the commercial viability of new features and channels, prioritize the work with the implementation resources (Wallet, eComm, etc.), and lead the commercialization effortsLead the development of strategies, innovative features, and concepts for new financial products Clearly present the business opportunity associated with new initiatives, evaluating feasibility and profitability of the business case, to executives, development team, and partners, gaining their agreement and supportDefine detailed customer experiences and use cases for design and developmentWork closely with various internal teams such as Design, Engineering, Business Development, Legal, and Marketing across different regions, including the US, Korea, and India, as well as external strategic partners like payment networks and issuers to ensure timely and high-quality project deliveryDefine metrics and KPIs to measure the success of the products and develop launch strategies and Go-To-Market plansAnalyze customer feedback and make appropriate improvements and/or create new features based on the findingsBe able to understand and reason about APIs and data models that facilitate complex system integrationsPossess familiarity with technical problem-solving within large-scale production services and data environmentLead a Product Management team.Skills and Qualifications
Minimum Qualifications
Engineering degree in EE, CS, or similar with 15+ years of experienceExperience in large-scale, mobile-first applications and servicesPossess familiarity with systems that are elegant abstractions over complex patterns/practices, especially in the payments and financial industryExperience leading product and roadmap strategy and working with and leading cross-functional teams and external partnerships for implementationDeep understanding of the mobile & payments ecosystem and financial service space with fluency in business models and knowledge of the competitive landscapeA solid drive to succeed, driven by a passion for products, a deep understanding of customer experience, and a strong design senseAbility to gain influence across the business without authorityAbility to leverage business cases and an understanding of development capacity to prioritize product roadmapsAbility to deal with ambiguity, solve complex problems, navigate large, global organizations, and apply logical thinkingPreferred Qualifications:
MS Degree in CS/EE and/or an MBA preferredProven product management success in financial services, financial technology, and payments industriesFamiliarity with payments ecosystem and value chain (e.g., processors and card networks) at the global scaleComfortable with modern tech stack, navigating APIs with different integration approaches and toolsAbility to navigate international cultures and work across time zones and willingness to work with a remotely located development and design teamsAble to travel domestically or internationally, when required, to meet partners, development teams, or other stakeholders.Proficiency in the Korean language is desirable, but not mandatory.y#LI-RL1
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Benefits @ Samsung - https://www.samsung.com/us/careers/benefits/
Regular full-time employees (salaried or hourly) have access to benefits including Medical, Dental, Vision, Life Insurance, 401(k), Employee Purchase Program, Tuition Assistance (after 6 months), Paid Time Off, Student Loan Program (after 6 months), Wellness Incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation based on company, division, and individual performance.
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