Job Information
Oracle Director - Payments in Bismarck, North Dakota
Job Description
Oracle is strongly committed to the global financial services industry. To assist financial institutions, Oracle has brought together the industry's best application and technology ecosystem for evolutionary transformation, providing Banks and Credit Unions with the largest footprint of functional assets. Oracle's progressive transformation strategy for financial services industry is executed through the Oracle Financial Services Global Industries Unit (FSGIU).
Oracle FSGIU has created the position for a Director of Payments to further support progressive transformation of payments processing in the United States.
Job Description:
In this role you will work as part of a team that acts as the central resource and driving force for US Payments. As a member of the product strategy team for Oracle Banking solutions, you will contribute to the definition of product specifications and strategy to enable complete payments capabilities for our solution especially for Automated Clearing House (ACH), Fedwire, check inclearing, remote deposit capture, peer-to-peer (P2P) payments, ISO 20022 standards, real time payments (RTP), and Payment Hub. Knowledge of compliance, formatting and market trends around these products is required as you will need to define product specifications around functionality and compliance.
You will also be required to support sales and pre-sales teams in business development opportunities. You will need to initiate and foster relationships with other groups to ensure a holistic development of the payment rails offered. You will also review product documentation and collateral to ensure successful product releases based on corporate priorities.
Career Level - IC5
Responsibilities
Responsibilities:
Provide consistent high quality and innovative leadership on payments solutions by interacting with various stakeholders within Oracle and partners / clients when necessary
Be an expert on US payments and a trusted advisor to the product organization by effectively influencing decisions across all software development life cycle stages.
Analyze and understand ACH, Fedwire, check inclearing, remote deposit capture, P2P interfaces, ISO 20022 standards, RTP, and Payment Hub, including formatting and compliance practices. Have in depth knowledge of compliance, formatting, standards and market practice for the payments mentioned.
Translate the above payments areas into business requirement documents for development.
Knowledge of teller operations and experience with integration of the payments ecosystem would be an added advantage
Effectively apply Oracle’s methodologies, policies, and procedures.
Develop and deliver high quality presentations and demonstrations, present and articulate product features, and benefits, and configure and test the overall solution that delight prospects and clients
Demonstrate strong communication skills to deal with internal stakeholders, partners, customers, and senior management.
Require business, product, technology, or industry expertise relevant to payments
Effectively manage budget, scope, schedule, resources, and quality throughout development by analyzing factors that influence outcomes such as risk, issues, and dependencies.
Plan, manage and communicate the progress of projects, project achievements and maintain project status.
Maintain up-to-date knowledge of and compliance with internal processes and procedures.
Support the business development effort for new & expansion opportunities through scoping, solutioning & presentations.
Promote knowledge by sharing lessons learned, innovations or new skills with team members
Ideal Candidate should have the following qualifications/skills:
Experience in the areas of payments processing with financial institutions in senior roles (10+ years)
Detailed knowledge of compliance and regulations related to US payment rails
Experience working with banking software development teams in different stages of software development
Proficient in writing and updating documents that translate functional and regulatory requirements into business requirement documents that can be readily understood by developers and software product managers.
Skilled in delivering clear outcome-based targets and measures by working with a strong sense of urgency in getting the job done
Life at Oracle:
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.
Please contact us to request accommodation.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veteran’s status or any other characteristic protected by law.
At Oracle, we don’t just value differences—we celebrate them! We’re committed to creating a workplace where all kinds of people work together. We believe innovation starts with diversity and inclusion.
https://www.oracle.com/corporate/careers/culture/diversity.html Disclaimer:
Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.
Range and benefit information provided in this posting are specific to the stated locations only
US: Hiring Range in USD from: $115,400 to $251,600 per annum. May be eligible for bonus, equity, and compensation deferral.
Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle’s differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.
Oracle US offers a comprehensive benefits package which includes the following:
Medical, dental, and vision insurance, including expert medical opinion
Short term disability and long term disability
Life insurance and AD&D
Supplemental life insurance (Employee/Spouse/Child)
Health care and dependent care Flexible Spending Accounts
Pre-tax commuter and parking benefits
401(k) Savings and Investment Plan with company match
Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
11 paid holidays
Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
Paid parental leave
Adoption assistance
Employee Stock Purchase Plan
Financial planning and group legal
Voluntary benefits including auto, homeowner and pet insurance
The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.
About Us
As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s problems. True innovation starts with diverse perspectives and various abilities and backgrounds.
When everyone’s voice is heard, we’re inspired to go beyond what’s been done before. It’s why we’re committed to expanding our inclusive workforce that promotes diverse insights and perspectives.
We’ve partnered with industry-leaders in almost every sector—and continue to thrive after 40+ years of change by operating with integrity.
Oracle careers open the door to global opportunities where work-life balance flourishes. We offer a highly competitive suite of employee benefits designed on the principles of parity and consistency. We put our people first with flexible medical, life insurance and retirement options. We also encourage employees to give back to their communities through our volunteer programs.
We’re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by calling +1 888 404 2494, option one.
Disclaimer:
Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
* Which includes being a United States Affirmative Action Employer