Business Growth Lead Product Manager

Federal Reserve Board

FedNow Business Growth Lead Product Manager at Federal Reserve driving product growth and strategy in instant payments. Supporting product capabilities and collaborating with cross-functional teams.

Posted 6/12/2026full-timeBoston • Illinois, Massachusetts, Montana, Ohio, Pennsylvania • 🇺🇸 United StatesSenior💰 $157,000 - $196,500 per yearWebsite

About the role

Key responsibilities & impact

Support the development of value ‑ add product concepts and contribute insights that inform the FedNow roadmap.
Maintain working knowledge of FedNow features and help analyze upcoming enhancements to understand customer impact.
Develop an understanding of the instant payments ecosystem—including key players, competitive dynamics, and emerging trends—to provide well ‑ reasoned recommendations.
Collaborate closely with partner teams (product delivery, credit risk, legal, risk, Board of Governors, marketing, operations, program management, and technology) to support delivery of new product capabilities.

Requirements

What you’ll need

3–5+ years of experience in product management, business analysis, or strategy in fintech, payments, or digital banking.
Experience working with APIs, developer platforms, or ecosystem driven products a plus.
Familiarity with financial products or payment systems.
Understanding of the instant payments landscape and operational considerations for financial institutions.
Ability to structure problems, analyze data, and translate insights into clear recommendations.
Strong communication skills with experience tailoring information for different audiences.
Demonstrated success working across cross-functional teams to deliver product features.
Bachelor’s degree in finance, economics, business, policy, marketing, or related field; advanced degree optional.

Benefits

Comp & perks

Health insurance
Retirement plans
Paid time off

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

product managementbusiness analysisstrategyAPIsdeveloper platformsfinancial productspayment systemsdata analysisrecommendation development

Soft Skills

communication skillsproblem structuringcross-functional collaboration

Certifications

Bachelor’s degreeadvanced degree (optional)