Senior Product Manager
PayNearMe
full-time
Posted on:
Location Type: Remote
Location: Remote • California • 🇺🇸 United States
Visit company websiteSalary
💰 $150,000 - $185,000 per year
Job Level
Senior
Tech Stack
Ruby on Rails
About the role
- Own the end-to-end strategy for settlement and payout ledgering systems, ensuring all funds movement is accurately recorded, reconciled, and attributed across internal platforms, supporting a broad range of inbound funding methods and outbound settlement channels.
- Define and prioritize product requirements that directly impact how money settles and is paid out, including settlement timing, transaction visibility, reconciliation workflows, exception/error handling, and payout processing.
- Lead product capabilities that enable diverse funding methods, including ACH debits and credits, card-based transactions, digital wallets, real-time payment networks, and emerging instant payout rails.
- Communicate and maintain the settlement & payouts roadmap across agile teams and stakeholders, writing clear user stories and technical requirements to guide implementation across both legacy systems and new platform initiatives.
- Own backlog organization and prioritization in partnership with Engineering leadership, ensuring capacity planning aligns with business needs, regulatory timelines, and operational risk, while leading backlog refinement, grooming, and sprint planning to give teams the clarity and structure needed to deliver reliable settlement and disbursement functionality.
- Serve as the SME on settlement flows, funding mechanics, and payout infrastructure, translating complex payment behaviors into actionable product requirements by collaborating closely with product, engineering, operations, accounting, and compliance teams.
- Work cross-functionally to design and deliver products that optimize the full money movement lifecycle from origination to processing, through settlement, and ultimately to customer or partner payouts.
- Conduct market research and monitor evolving trends, regulations, and innovations across payment networks, settlement technologies, and payout methods to inform long-term product strategy.
- Partner with go-to-market teams to support rollout of new settlement and payout capabilities, ensuring clear documentation, internal training, and effective product positioning.
Requirements
- 8+ years of product management experience, with a strong focus on money movement, reconciliation, and settlement
- An understanding of accounting principles and experience working directly with accounting teams
- Payments industry knowledge, including experience with ACH, wire transfers, card settlements, and reconciliation processes
- Strong technical, analytical, and problem-solving skills, with demonstrated ability to leverage data in making informed product decisions
- Exceptional communication and leadership capabilities, with experience guiding development teams and managing cross-functional stakeholder relationships
- Must be detail-oriented, with a commitment to delivering high-quality product documentation
- Intrinsic curiosity to dive into complex problems and review solutions
- Working knowledge of JIRA and Confluence
- Familiarity with accounting processes and financial events
Benefits
- Competitive salary and benefits with growth-company options grant
- Fast-paced and professional work culture
- Stock options with standard startup vesting - 1 year cliff; 4 years total
- $50 monthly communication expense stipend to go towards your phone/internet bill
- $250 stipend to enhance your WFH setup
- Reimbursement for peripheral equipment: monitor (up to $400), keyboard and mouse (up to $200)
- Premium medical benefits including vision and dental (100% coverage for employees)
- Company-sponsored life and disability insurance
- Paid parental bonding leave
- Paid sick leave, jury duty, bereavement
- 401k plan
- Flexible Time Off (our team members typically take off ~3-4 weeks per year)
- Volunteer Time Off
- 13 scheduled holidays
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
product managementreconciliationsettlementpaymentsACHwire transferscard settlementsdata analysisproblem-solvingfinancial documentation
Soft skills
communicationleadershipdetail-orientedcross-functional collaborationcuriosityanalytical thinkingstakeholder managementteam guidanceorganizational skillscommitment to quality