Head of Payments & Partnership Modernization - Morristown, NJ

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.

The Head of Payments & Partnership Modernization will drive the modernization of legacy payment systems, orchestrate vendor and internal development efforts, and ensure architectural alignment across Valley's banking ecosystem. This role will lead the transformation of Valley's payment infrastructure and embedded banking platforms, enabling scalable, secure, and API-first solutions that support real-time payments, FBO accounts, and strategic partner integrations. This role will lead strategic initiatives to modernize legacy systems, integrate emerging technologies, and build high-impact partnerships that enhance customer experience, operational efficiency, and revenue growth.

• Develop and execute the modernization roadmap for payments and partner banking platforms aligning initiatives with Valley's enterprise architecture and transformation goals
• Serve as the executive sponsor for modernization programs including RTP, FedNow, and embedded finance capabilities
• Lead the selection, integration, and lifecycle management of payment technologies and partner banking platforms
• Oversee interoperability with customer-facing systems via open APIs and digital channels
  Ensure modular architecture that reduces reliance on incumbent core vendors
• Collaborate with Risk, Compliance, and Legal to operationalize sponsorship programs and FBO account structures
• Ensure high availability, flawless transaction execution, and competitive pricing of Valley's payment solutions
• Integrate specialized products (FX, Trade Finance, Asset-Based Lending) into the broader modernization strategy
• Drive AML/BSA compliance and transaction monitoring enhancements. Partner with Treasury Sales, Commercial Services, Data & Analytics, and Fraud Prevention teams to define and deliver future-state capabilities
• Lead internal and external stakeholder engagement to accelerate delivery and adoption.

We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.