PayNearMe
Every payment. Every time.
Staff Product Manager – Disbursements
Location
California
Posted
22 days ago
Salary
$200K - $235K / year
Bachelor Degree15 yrs expEnglishRuby ON Rails
Job Description
• Own the multi-year product roadmap for the full money movement lifecycle, with a primary focus on disbursements to consumers.
• Define and communicate a clear product vision for outbound payments that balances speed, reliability, compliance, operational efficiency, and cost.
• Lead the evolution of the disbursements platform and expand product capabilities to support new use cases, partners, and payment rails.
• Lead the strategy for selecting, routing, and optimizing payments across multiple rails, including ACH, wires, RTP, FedNow, push-to-card, and digital wallets.
• Define rules and product capabilities that intelligently route payouts based on speed cost, reliability, risk, and client expectations.
• Responsible for driving the vision for end to end money movement for disbursement funding.
• Ensure every outbound transaction is fully traceable, correctly attributed, and reconcilable across systems by owning product requirements for ledgering, reconciliation, error handling, and payout transparency.
• Partner closely with accounting and finance to ensure accurate ledgering, settlement reporting, and audit readiness.
• Translate complex money movement flows into clear product requirements, user stories, and technical specifications.
• Own backlog prioritization and delivery in partnership with engineering leadership balancing feature delivery, platform resilience, and regulatory commitments.
• Lead large-scale platform initiatives alongside incremental product enhancements with multiple cross functional development teams.
• Partner with Clients and the Vertical teams to understand their needs and build scalable features that can be leveraged across multiple clients.
• Build and manage critical relationships with banks, processors, and fintech infrastructure partners.
• Serve as the internal subject matter expert for disbursements, payouts, and outbound money movement.
• Work closely with compliance and risk teams to design controls, limits, monitoring, and regulatory-aligned payout flows.
Job Requirements
- 15+ years of product management experience, with deep expertise in payments, money movement, disbursements, or payout platforms
- Strong understanding of payment rails including ACH, wires, RTP, FedNow, card-based payouts, and digital wallets
- Proven experience owning financial infrastructure, including ledgering, reconciliation, settlement, and exception handling
- Experience working directly with accounting, finance, and compliance teams
- Demonstrated ability to lead complex, cross-functional initiatives at scale
- Strong analytical and systems-thinking mindset, with attention to detail and data integrity
- Excellent communication skills and a track record of producing high-quality product documentation
- Experience operating in agile development environments (JIRA, Confluence, etc.)
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