Cards & Digital Wallets Product Manager (f/m/x)

Job ID:R0387774

Full/Part-Time: Full-time

Regular/Temporary: Regular

Listed: 2025-06-18

Location: Madrid

Position Overview

The Banking Products Management Team is seeking a Product Management Senior Analyst who will be responsible for the development and creation of Cards and Digital Wallets products based in Madrid (Spain) within the Private Bank division. This role is exclusively focused on the development, management, and optimization of card products—including credit, debit, prepaid, and digital cards. The successful candidate will be responsible for driving product strategy, ensuring regulatory compliance, enhancing customer experience, and delivering innovative card solutions aligned with market trends and client needs. The role requires strong collaboration with internal stakeholders and external partners (e.g., card schemes, processors) to ensure the successful delivery and performance of the cards portfolio.

Responsibilities

• Lead the end-to-end lifecycle of card products (credit, debit, digital wallets, etc.), define business requirements, acceptance criteria, and business cases for new initiatives and collaborate with technology teams (architecture, UX, development, testing) to deliver product solutions.
• Coordinate with operations, sourcing, billing, and support to ensure seamless customer experience and monitor and implement regulatory changes (e.g., Consumer Credit Directive, PSD3 )
• Ensure compliance with scheme partners (e.g., Mastercard, VISA, Redsys), conduct market research and client interviews to identify trends and opportunities and analyze product performance, manage financial planning, and simulate funding needs
• Support fraud prevention initiatives and tools in collaboration with risk and digital teams, align product strategy with Treasury/Finance.
• Prepare documentation for governance forums (e.g., ALCO, RiskCo) and explore innovation in card design and sustainability (e.g., eco-friendly materials, co-branding)

Skills

• Strong knowledge of card schemes (e.g., VISA, Mastercard), payment systems (e.g., Bizum, SEPA), and regulatory frameworks (e.g., PSD2/PSD3, CESOP)
• Analytical mindset with the ability to interpret financial metrics, risk indicators, and customer behavior
• Experience working with cross-functional teams including IT, UX, Legal, Compliance, and Risk and client-focused, with a track record of translating customer needs into product features
• Proficient in Microsoft Office Suite (Excel, PowerPoint, Word) and data analysis tools, ability to manage multiple priorities and deliver under pressure and motivated, proactive, and results-oriented with a strong sense of ownership
• Degree in Business Administration, Finance, or Economics, proven experience (3–4 years) in product management, ideally in cards, payments, or digital banking
• Strong communication skills in both Spanish and English (written and spoken)

Well-being & Benefits

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

• Emotionally and mentally balanced: We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. Benefit from initiatives such as counseling and support in difficult life situations and a culture where you can openly speak about mental health.
• Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive. For example, discount in gyms, annual medical check up's, standing desks, ...
• Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being. Benefits vary from different types of paid and unpaid leave, hybrid model of remote working (for some positions …)
• Financially secure: We support you to meet personal financial goals during your active career and for the future. Benefit from meal allowance, pension contribution plans, banking services for employees, flex compensation program...

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.