Cognizant Consulting is more than Cognizant's consulting practice. We're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we're looking for our next colleague who'll join us in shaping the future of business. Could it be you?
About the role
As a Consulting Manager, Product Management (BFSI Payments), you will make an impact by shaping product vision, strategy, and roadmaps for financial institution payments solutions that address measurable business needs. You will be a valued member of the consulting team and work collaboratively with client stakeholders, solution architects, engineering teams, and cross-functional delivery teams to run large, complex payments programs.
In this role, you will:
- Lead product vision, strategy, roadmap, high-level design, quality, and key product decisions for payments and clearing solutions, including SWIFT-based messaging and clearing/settlement capabilities.
- Guide client discovery and strategy engagements by facilitating workshops and interviews, translating business objectives into practical payments use cases, and defining measurable outcomes and next steps.
- Partner with solution architects and engineering teams to align business needs with technical direction and deliver solutions with a strong focus on quality and speed to market.
- Shape delivery plans across strategy, packaged payments solutions, and build-run-scale engagements, while advising clients on adoption needs, capability gaps, readiness, and safe, compliant payments modernization.
- Run large, multi-workstream programs end-to-end, managing stakeholders across business, technology, operations, risk, and compliance.
- Maintain repeatable discovery materials, product documentation, specifications, playbooks, and delivery guides; track early value indicators and incorporate lessons learned into continuous improvement.
What you must have to be considered
- 10-15 years of relevant experience in product management, digital, or payments delivery, including at least 3 years of hands-on product management experience in financial services / BFSI payments.
- Strong background in financial institution payments, with hands-on experience across SWIFT and clearing/settlement ecosystems.
- Demonstrated ability to run large programs with multiple workstreams, stakeholders, and delivery partners.
- Proven client-facing experience leading discovery, strategy, or delivery activities and translating business needs into clear payments use cases, product requirements, documentation, and specifications.
- Strong product management capability across vision, strategy, roadmap development, stakeholder alignment, performance analysis, and agile product development methodologies.
- Experience facilitating workshops and structured discovery sessions, with excellent communication, influencing, and advisory skills for diverse business and technical audiences.
- Working knowledge of payments platforms, messaging standards (e.g., ISO 20022, MT/MX), and practical considerations for compliant and resilient payments operations.
These will help you succeed
- Experience in payments transformation, core banking modernization, or clearing/settlement platform delivery at Tier 1 banks or financial institutions.
- Strong analytical skills to assess product performance, user feedback, early value indicators, and market or competitor trends.
- Ability to collaborate effectively across client, product, solution architecture, engineering, and delivery teams.
- A highly organized, detail-oriented approach to maintaining clear and repeatable delivery materials.
- A Master's degree and experience being evaluated by senior product and technology leaders in financial services.
We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.
Work model
We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this is a hybrid position requiring three days a week in a client or Cognizant office in Toronto, ON. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. This may change based on the project you're engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations.
Compensation
The annual salary for this position is between $81,000 and $128,000 CAD, depending on experience and other qualifications of the successful candidate. This position is eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.
Benefits
Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
- Medical/Dental/Vision/Life Insurance
- Extended Health Care and Prescription Drug coverage
- Paid holidays plus Paid Time Off
- Registered Retirement Savings Plan (RRSP) with company contributions
- Paid parental leave
- Employee Assistance Program (EAP) and wellbeing programs
- Employee stock purchase plan
Diversity & Inclusion / AODA Statement
Cognizant is an equal opportunity employer. We embrace diversity and are committed to creating an inclusive environment for all employees. Accommodations are available on request for candidates taking part in all aspects of the selection process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code. If you require accommodation, please let your recruiter know.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
Applicants must be currently authorized to work for any employer in the United States. The company is unable to provide employment-based immigration sponsorship for this position.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] with your request and contact information.
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
