Senior Product Manager - Remote at PayNearMe

Santa Clara, California, United States

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

Deep experience in the payments ecosystem, particularly in bill pay, money movement, financial reconciliation, and funding mechanics
Strong understanding of how different funding types operate (ACH, RTP, wires, card-based funding, digital wallets, alternative funding methods)
Familiarity with concepts like prefunding, sweep accounts, and funds availability
Experience diving into backend systems
Experience managing cross-functional roadmaps
Ability to define strategic product direction
Understanding of the ACH ecosystem, including file formatting (NACHA), processing windows, risk and return codes, timing cutoffs and workflows

Responsibilities

Own the end-to-end strategy for the money movement general ledgering systems
Define and prioritize product requirements across key areas like settlement timing, transaction visibility, reconciliation tooling, error handling and disbursement processing
Lead product capabilities that support diverse funding methods
Communicate the product development roadmap across agile teams and stakeholders
Define and document user stories that clearly guide technical requirements and implementation
Own the organization of the backlog, working proactively and collaboratively with Engineering management to ensure proper prioritization and capacity planning
Lead

Skills

PayNearMe

Flexible payments platform for diverse transactions

About PayNearMe

PayNearMe provides a payments platform that allows customers to pay in various ways, including cards, ACH transactions, cash, and mobile payment methods like PayPal and Venmo. The platform is designed to enhance the payment experience for both customers and businesses, making it easy for clients such as consumer lenders and online gaming companies to collect payments. PayNearMe stands out by offering a secure cash payment service at over 60,000 retail locations, which simplifies the payment process for users who prefer cash. Additionally, the platform utilizes artificial intelligence to personalize customer experiences and improve bill pay. The company's goal is to create a seamless and user-friendly payment experience while generating revenue through fees charged to businesses for processing payments.

Santa Clara, CaliforniaHeadquarters

2009Year Founded

$156.1MTotal Funding

SERIES_DCompany Stage

Fintech, AI & Machine LearningIndustries

201-500Employees

Benefits

Professional Development Budget

Risks

Emerging fintech startups could erode PayNearMe's market share with similar solutions.

Regulatory scrutiny may increase compliance costs for PayNearMe.

Partnership with Trustly exposes PayNearMe to open banking data privacy risks.

Differentiation

PayNearMe offers a wide range of payment options, including cash and digital wallets.

The platform integrates AI to enhance personalized customer experiences and improve payment solutions.

Partnerships with companies like Trustly and PayPal expand PayNearMe's payment capabilities.

Upsides

The rise of BNPL services presents an opportunity to expand PayNearMe's payment options.

Increasing mobile wallet usage allows PayNearMe to enhance its mobile-first payment methods.

Open banking regulations in the US offer new integration opportunities for PayNearMe.

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