Principal Payment Tech Development

Posted 8 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
91K-153K Annually
Mid level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Principal Payment Tech Development role involves designing, developing, and delivering solutions for contact and contactless chip technologies, mobile payments, and payment devices. Responsibilities include collaborating with vendors, developing certification requirements, and supporting testing and compliance programs.
Summary Generated by Built In

Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
What You'll Do

  • Responsible for the design, development, testing, certification, and delivery activities for one or more of the contact & contactless chip technologies, mobile payments and other emerging technology based solutions for card acceptance devices as well as payment devices. Contribute to areas of development of the product technology such as specifications development including functional features and security features. Provide support to develop testing requirements, testing capabilities, certification requirements and certification program design. Work with vendors such as card & chip manufacturers, test laboratories, test tool providers, and mobile application developers, to enable support for the payment products.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

  • Design and develop new payment technologies for card acceptance devices and payment devices (such as contact & contactless chip, mobile & cloud based payments etc.)
  • Develops certification requirements and compliance program for new payment technology based products.
  • Participate in the development in payment specifications within relevant standardization organizations. Communicates, educates, and collaborates with stakeholders about new and updated standards and specifications.
  • Works with vendors and external partners to ensure delivery of the best quality services to Discover.
  • Support the testing and certification team to develop testing requirements and test procedures for new payment technology based products.


Qualifications You'll Need
The Basics

  • Bachelors degree in Information Technology, Engineering or related
  • 4+ years of Payment Technology R&D or similar experience,
  • In lieu of education, 8+ years of Payment Technology R&D or similar experience,


Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

  • Primarily remain in a stationary position.
  • No required movement about the work environment to complete the major responsibilities of the job.
  • Primarily performed indoors in an office setting.
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
  • Ability to communicate verbally.; Ability to communicate in written form.
  • Travel up to 10% of the time


Bonus Points If You Have

  • Client facing experience.
  • Excellent communication/presentation skills; both verbal and written.


Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
#li-cs1 #remote
Application Deadline:
The application window for this position is anticipated to close on Jan-14-2025. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $91,000.00 to $153,400.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

Top Skills

Mobile Payments
Payment Technology

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The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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