Sr Manager, Financial Products & Services (Prepaid)
Job Location:
Brooklyn Park, MN - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Pay is based on several factors which vary based on include labor markets and in some instancesmay include education work experience and addition to your pay Target cares about and invests in you as a team member so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs which may include medical vision dental life insurance and more to help you and your family take care of your whole benefits for eligible team members include 401(k) employee discount short term disability long term disability paid sick leave paid national holidays and paid competitive benefits from financial and education to well-being and beyond at us:
Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture.Learn more about Target here.
A role in Financial Products & Services (FPS) means joining a high-impact team that designs and manages Targets financial offeringslike Target Circle Card Gift Cards and Paymentsto deliver intuitive rewarding and trusted experiences. Youll drive transformation through innovation digital engagement and strong cross-functional collaboration directly influencing enterprise strategy and Guest loyalty. From shaping strategy to managing P&Ls your work helps position Target as a destination for simple smart and accessible financial solutions.
As a Sr ManagerFinance Products and Services you will serve as a strategic leader responsible for shaping the growth and evolution of Targets Prepaid program. This role is specifically focused on advancing Targets prepaid portfolio including TargetGiftCardsandOpenLoop offerings across all channels.
You willownthe strategic direction and performance of the prepaid category including channel-level P&L outcomes promotional and merchandising strategy and business development initiatives. As the category leader you will define how prepaid products show up for guests across the full lifecyclefrom discovery and purchase through redemptionwhile driving engagement accessibility and financial performance.
This roleoperatesat the intersection of multiple enterprise priorities requiring strong cross-functional leadership across FP&S Stores Digital Supply Chain Cyber and Compliance. You will act as both an owner and a strategic influencersetting direction for the prepaid business while aligning partners to deliver against growth fraud mitigation and operational excellence goals.
Core Responsibilities of this job are described within this job description. Job duties may change at anytime due tothe businessneeds.
Core Responsibilities:
Category Strategy & Performance
Define and lead the multi-year strategy for Targets Prepaid program aligning to enterprise priorities and long-term growth ambitions
Own category performance including channel-level P&L driving outcomes across growth margin cost and guest engagement
Lead business performance routines using data and insights to assess trendsidentifyroot causes and drive actions that improve category outcomes
Identifyand activate opportunities across assortment pricing promotions and omni-channel experiences supported by clear performance metrics and KPIs
Enterprise Leadership & Cross-Functional Influence
Serve as a strategic thought partner and thought leader across FP&S and enterprise leaders influencing decisions through data-driven insights strategic narrative and clear recommendations
Lead through matrixed teams to drive alignment influence prioritization and deliver complex cross-functional initiatives
Set priorities and guide trade-off decisions that balance guest experience financial outcomes and operational feasibility
Build strong internal and external partnerships to accelerate decision-making and execution
Guest Experience Fraud & Risk Management
Shape the end-to-end prepaid guest experience across all touchpointsfrom purchase through redemptionacross stores and digital channels
Co-own fraud strategy with Cyber and Compliance driving controls that balance risk mitigation with a seamless guest experience
Ensure alignment with regulatory requirements and evolving risk landscapes
Business Development & External Engagement
Lead engagement with external partners and industry stakeholders to unlock new capabilities and growth opportunities
Identifyand evaluate new growth opportunities including emerging capabilities partnerships and industry trends
Support Targets presence in industry forums and external initiatives related to prepaid
About you:
Four YearDegree preferably in Finance or Business-related area or equivalent experience
8 years of experience in strategy category management product management or related fields
Strong financial acumen with experience managing or influencing P&L performance
Proven ability tooperateat both strategic and executional levels in ambiguous environments
Experience building and sustaining senior-level partnerships across functions
Strong analytical problem-solving and decision-making skills
Excellent communication skills with the ability to influence through clear storytelling and insights
Experience in payments prepaid financial services or retail preferred
Benefits Eligibility
Please paste this url into your preferred browser to learn about benefits eligibility for this role: with Disabilities Act (ADA)In compliance with state and federal laws Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process please reach out to Non-accommodation-related requests such as application follow-ups or technical issues will not be addressed through this channel.
Required Experience:
Manager
About Company
1234 employees
Target Corporation is an American retail corporation. The eighth-largest retailer in the United States, it is a component of the S&P 500 Index.
