At a Glance
- Tasks: Lead the end-to-end payments product roadmap and integrate direct CHAPS participation.
- Company: Next-gen clearing bank revolutionising the UK financial system since 2021.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced, collaborative culture with a focus on security and stability.
- Why this job: Join a fintech challenger shaping the future of banking with innovative payment solutions.
- Qualifications: Experience in payments product development and deep knowledge of UK/EU payment schemes.
The predicted salary is between 70000 - 90000 £ per year.
Applicants must have SME in CHAPS and RTGS.
Our client is a next-generation clearing, agency, and transaction bank operating at the heart of the UK financial system. One of only a handful of principal clearing banks in the country, they launched in 2021 and are building the infrastructure that the future of financial services will run on. What sets them apart is a fundamentally different approach to banking. Unlike traditional banks, they don't lend, leverage, or invest client deposits — all funds are held in full at the central bank. It's a model built on security and stability rather than credit risk, and it's attracting serious attention from corporates, fintechs, and financial institutions who want a safer, smarter way to bank. Their platform spans corporate payments, operating and client money accounts, embedded finance, and a developer API suite — giving businesses the tools to integrate banking directly into their own products and services. Backed by over $185M in funding and growing fast, this is a business with serious pedigree and a genuinely compelling mission.
This is a rare opportunity to own payments product end-to-end at one of the UK's most ambitious financial infrastructure businesses. Our client is moving to direct CHAPS participation — and they need someone who can lead that programme while simultaneously shaping the long-term payments roadmap. You'll sit at the intersection of product, engineering, and regulation, working directly with the Bank of England, Pay.UK, and the FCA, as well as internal infrastructure and engineering teams. This is a build role, not a strategy role. You'll be expected to go from whiteboard to production, translating complex scheme and regulatory requirements into shipped product — and doing it at pace.
What You'll Be Doing
- Own the payments product roadmap end-to-end — from architecting new capabilities to delivering them in an agile, build-led environment.
- Translate the roadmap into clear technical and business requirements for in-house and partner engineering teams, managing delivery capacity to ship on time without sacrificing quality.
- Lead the design and delivery of the direct CHAPS integration, working closely with the Bank of England, Pay.UK, and internal infrastructure teams.
- Act as the internal SME on UK and European payment schemes — Faster Payments, Bacs, CHAPS, and SEPA — with particular depth on CHAPS as the business moves to direct participation.
- Optimise the payments platform — client API and core payment engine — for speed, reliability, and scale.
- Partner with payment schemes, regulators, and correspondent banking partners to design and deliver payment connectivity against tight deadlines.
- Champion the customer at every stage, balancing their needs against a complex and rapidly evolving regulatory and commercial landscape.
- Track emerging trends — stablecoins, tokenised deposits, ISO 20022 cross-border rails, SWIFT alternatives, alternative liquidity models — and shape the roadmap to keep the business ahead of them.
- Serve as the day-to-day point of contact for payments product queries, escalating risks and issues to leadership in a timely manner.
What They're Looking For
- Direct, hands-on experience at a bank or non-bank financial institution — PSP, e-money issuer, or payments fintech. Consulting or vendor-only backgrounds won't be sufficient on their own.
- A genuine track record of building and architecting payments products in a start-up or scale-up environment — you've shipped, not just specced, and you're comfortable going from a blank whiteboard to production.
- Deep, hands-on knowledge of UK and European payment schemes — Faster Payments, Bacs, CHAPS, SEPA. Direct scheme integration experience, particularly CHAPS, is a strong plus.
- Familiarity with correspondent banking — nostro/vostro structures, SWIFT MT/MX messaging, FX and liquidity flows, and the commercial dynamics of negotiating partner-bank relationships.
- A genuine point of view on where payments is heading: Real-Time Payments, the New Payments Architecture, Open Banking, stablecoins, tokenised deposits, and emerging SWIFT alternatives.
- Strong problem-solving skills and a high degree of independent initiative — you set direction rather than wait for it, and you drive delivery in an agile environment.
- Exceptional communication skills, with the ability to build credible relationships across engineers, regulators, partner banks, and commercial stakeholders in a fast-moving firm.
CHAPS & RTGS Payments Schemes Product Manager in London employer: Evolution Growth Partners
As a next-generation clearing and transaction bank, our client offers an exceptional work environment that prioritises security and innovation in the UK financial system. Employees benefit from a dynamic culture that encourages hands-on involvement in building cutting-edge payment solutions, with ample opportunities for professional growth and collaboration with industry leaders like the Bank of England. Joining this ambitious firm means being part of a transformative mission in banking, where your contributions directly impact the future of financial services.
StudySmarter Expert Advice🤫
We think this is how you could land CHAPS & RTGS Payments Schemes Product Manager in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the payments industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, make sure to highlight your hands-on experience with CHAPS and RTGS. Share specific examples of how you've tackled challenges in payments product management to demonstrate your value.
✨Tip Number 3
Be proactive! If you see a company that excites you, don’t wait for them to post a job. Reach out directly through our website and express your interest. Tailor your message to show how your skills align with their mission and needs.
✨Tip Number 4
Prepare for interviews by brushing up on current trends in payments. Be ready to discuss topics like stablecoins and ISO 20022. This shows you're not just knowledgeable but also passionate about where the industry is heading, making you a standout candidate.
We think you need these skills to ace CHAPS & RTGS Payments Schemes Product Manager in London
Some tips for your application 🫡
Show Your Expertise:Make sure to highlight your deep knowledge of CHAPS and RTGS in your application. We want to see how your experience aligns with the role, so don’t hold back on showcasing your hands-on experience in payments products.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language to explain your past roles and achievements. We appreciate a well-structured application that gets straight to the point without unnecessary fluff.
Demonstrate Your Problem-Solving Skills:We’re looking for someone who can tackle challenges head-on. Share examples of how you've solved complex problems in previous roles, especially in fast-paced environments. This will show us you have the initiative we value.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Evolution Growth Partners
✨Know Your CHAPS and RTGS Inside Out
Make sure you brush up on your knowledge of CHAPS and RTGS payment schemes. Be prepared to discuss their intricacies, how they operate, and any recent changes in regulations. This will show that you're not just familiar with the terms but are genuinely passionate about the field.
✨Demonstrate Your Build Experience
Since this role is all about going from whiteboard to production, come armed with specific examples of products you've built or architected. Talk about the challenges you faced and how you overcame them, especially in a start-up or scale-up environment.
✨Showcase Your Problem-Solving Skills
Prepare to discuss scenarios where you've had to think on your feet and solve complex problems. Highlight your independent initiative and how you set direction in an agile environment. This will resonate well with the interviewers looking for someone who can drive delivery.
✨Communicate Effectively with Stakeholders
Since you'll be working with various stakeholders, practice articulating your thoughts clearly and confidently. Think about how you would explain complex payment concepts to non-technical audiences, as well as how you would build relationships with engineers and regulators.
