Staff Product Manager (Disbursements) - Remote

The Staff Product Manager for Disbursements is a senior leadership role responsible for the
end-to-end strategy, execution, and integrity of the company’s outbound payment ecosystem.

This role owns how money moves out of the platform—covering disbursements to consumers
and disbursement funding across multiple payment rails. This role plays a critical part in
modernizing payout infrastructure, including support for real-time payment rails, while ensuring
complete transaction traceability, financial accuracy, and regulatory compliance at scale.

You will lead the product vision for outbound money movement, partner deeply with
engineering, payments operations, accounting, compliance, and external financial partners, and
ensure the platform can support growing volumes, new use cases, and increasingly complex
regulatory and operational requirements.

This is a highly visible role with direct impact on customer trust, platform economics, and the
company’s ability to scale financial products.

Responsibilities

Product Vision & Strategy

• 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.

Payment Rail Orchestration

• 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.
• Own payout configuration, timing, cutoffs, retries, reversals, and exception handling across rails.

Funds Traceability

• 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.

Execution & Delivery

• 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.

Partnership Management

• 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.
• Translate external partner capabilities and constraints into internal product advantages.
• Support partner selection, onboarding, and ongoing performance management from a product perspective.

Cross-Functional Leadership

• 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.
• Partner with go-to-market, operations, and support teams to ensure successful launches and operational readiness.

Qualifications

• 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.)

Additional Information

Why Join Us?:

• 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

Salary Range: $200,000 - $235,000

PayNearMe strives to create a workplace where all employees thrive. Our core values represent who we are today and we take pride in the way we work with each other as well as with our stakeholders.

We’re in this together to do the right thing. We deliver real results we are proud of while remaining respectful, transparent, and flexible.

PayNearMe is an equal opportunity employer. We are diligently and thoughtfully working towards cultivating a diverse workforce which in turn, enhances our products and services for the communities we serve. Applicants who represent all backgrounds are strongly encouraged to apply.

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CALIFORNIA CONSUMER PRIVACY ACT: APPLICANT NOTICE

Effective Date: January 1, 2020

Last Reviewed on: December 23, 2019

PayNearMe, Inc. (the “Company”) is providing you with this Notice (“Notice”) to inform you about:

1. the categories of Personal Information that the Company collects and maintains about applicants; and
2. the purposes for which the Company uses that Personal Information.

For purposes of this Notice, “Personal Information” means information that identifies, relates to, describes, is capable of being associated with, or could reasonably be linked, directly or indirectly with, a natural person that the Company may collect in connection with screening applicants for job openings at the Company.

1. Identifiers and Professional or Employment-Related Information. The Company collects identifiers and professional or employment-related information, which may include some or all the following: real name, nickname or alias, postal address, telephone number, e-mail address, membership in professional organizations, professional certifications, language skills, and current and past employment history. The Company collects this Personal Information to evaluate previous job performance and consider applicants for positions, to develop a talent pool and plan for succession, to conduct applicant surveys, to maintain an internal applicant directory and for purposes of identification, to promote the Company as a place to work, and for workforce reporting and data analytics/trend analysis.
2. Personal Information Categories from Cal. Civ. Code § 1798.80(e). The Company may collect categories of Personal Information listed in Cal. Civ. Code §1798.80(e), other than those already listed above, (a) to the extent necessary to comply with the Company’s legal obligations, such as to accommodate disabilities; (b) to conduct a direct threat analysis in accordance with the Americans with Disabilities Act and state law; (c) for occupational health and safety compliance and record-keeping; and (d) to respond to an applicant’s medical emergency.
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All your information will be kept confidential according to EEO guidelines.