Commonwealth Bank

Product Manager - Connected Payments (eCommerce)

Commonwealth Bank  •  Sydney, AU (Onsite)  •  13 days ago
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Job Description

See yourself in the team

Australia's largest bank is building a new eCommerce payments platform — andwe'relooking for product people who know payments inside out to help us get it right.

Connected Paymentsis our next-generation merchant payment acceptance platform, launching in 2026. It'sa significant investment in how CommBank enables businesses to accept payments online — andwe'relooking to grow our product team with the depth andexpertiseto ensure it launches strong and evolves to be the best in market.

This role sits within the eCommerce crewin the Payment Acceptance domain, part of Everyday Business Banking (EBB) — a centre of excellence for innovation and capability within the Group.

The role

We'relooking for a Product Managerwho brings genuine depth in eCommerce payments — someone who understands the ecosystem, has opinions about whereit'sheading, and wants to shape a platform that serves thousands of Australian merchants.

This is a product strategy and ownership roleYou'lldefine the roadmap, make trade-off decisions, and drive the evolution of a platform that processes real volume at real scale. Your world will span payment acceptance across multiple methods and channels, dynamic routing and transaction optimisation, platform resilience, fraud and security, merchant insights, and developer integration experience.

Ifyou'veeverwishedyou could influence how a major acquirer builds its eCommerce stack — this is that role.

Do work that matters

As a Product Manager on Connected Payments, you will:

  • Own the product roadmap for your area of the platform, informed by merchant feedback, competitive intelligence, schemeroadmapsand commercial opportunity

  • Drive product strategy that differentiates Connected Payments in the Australian market

  • Apply continuous discovery practices — using customer insight,experimentationand evidence tovalidateproduct decisions and reduce risk

  • Champion the merchant experience — using customer journey mapping, userresearchand feedback loops to inform product priorities

  • Bring deep paymentsexpertiseto the crew — elevating our collective understanding from scheme economics to checkout psychology to settlement flows

  • Translate commercial opportunity into product decisions — linking feature investment to merchant activation, transactiongrowthand revenue

  • Navigate a complex regulated environment with confidence, partnering with senior product and risk stakeholders to ensure scheme obligations, PCI requirements and regulatory standards are met

  • Collaborate across cross-functional squads including Technology, Risk, Operations, Go-to-Market, Sales Enablement and Customer teams

  • Measure what matters — approval rates, checkout conversion, merchant NPS, activation and revenue — and use it to inform every product decision

We'reinterested in hearing from people who have

  • Deep eCommerce payments experience— you understand how online payments work end-to-end, from checkout through authorisation, clearingand settlement

  • Scheme and network fluency— Visa, Mastercard, eftpos, Amex — including interchange, tokenisation, 3DS and how theyimpactmerchants

  • Gateway, acquirer,processoror payment orchestration platform experience— ideally from a product management perspective

  • Strong product management fundamentals— roadmap ownership, discovery, experimentation, prioritisation, commercial acumenand stakeholder management

  • Customer and user experience orientation— you use research, dataand merchant feedback to drive decisions, not assumptions

  • ComfortleveragingAI and data toolsto support product decisions and ways of working

  • Awareness of the competitive landscape— you stay across what global and local PSPs are doing, and you have a view on what matters

  • Experience in regulated environments(banking, payments, fintech) with governance and compliance fluency

  • Confidence navigating ambiguityand influencing across levels — with support from senior product leadership

Risk mindset

All CommBank employees are expected to proactivelyidentifyand understand, openlydiscussand act on current and future risks. In this role, a strong risk mindset means you understand that in payments, getting it wrong has real consequences — for merchants, for customers and for the bank. You balance speed with safety and know how to innovate within the boundaries of a regulated environment.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 27/05/2026

Commonwealth Bank

About Commonwealth Bank

Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services.

We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Sydney, AU
Year Founded
Unknown
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