The Federal Reserve is developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service will help enable financial institutions provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.
The Product Manager is responsible for supporting the end-to-end product management life cycle for the FedNow service and will be a subject matter expert on features and functionality of the service. The product manager will also contribute to analysis, modeling and decision-making for product and pricing initiatives. The product manager will provide key updates on the product teams progress, findings, and risks.
What will be expected of you