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PAR is a leading global provider of software, systems, and service solutions to the restaurant and retail industries.
Senior Director of Product, Payments
Location
Illinois + 4 moreAll locations: Illinois | New York | Minnesota | Pennsylvania | Texas
Posted
86 days ago
Salary
$200K - $225K / year
Seniority
Senior
Job Description
Senior Director of Product, Payments
PAR Technology
• Define and execute the strategic vision and roadmap for the payment platform • Deliver innovative solutions tailored to food service and retail ops • Align product development with market opportunities and customer value • Translate business needs into technical requirements • Identify and execute cross-sell opportunities across PAR’s ecosystem • Oversee daily platform operations ensuring reliability and performance • Drive operational KPIs and continuous improvement • Manage risk, compliance, and fraud prevention for food/retail environments • Build strong partnerships with processors, banks, and regulators • Optimize costs and develop bundled solution strategies • Build and lead high-performing product and ops teams • Cultivate a culture of innovation and customer-centricity • Align cross-functional teams across Sales, Eng, Marketing, and Legal • Represent PAR at industry events and with executive stakeholders • Develop team objectives, incentive plans, and growth opportunities
Job Requirements
- 10+ years in product management and operations, with 5+ years in payment technologies
- Proven track record of launching successful B2B payment products
- Experience in the restaurant, convenience store, or retail tech space preferred
- Demonstrated success in cross-selling strategies
- History of managing cross-functional teams in a fast-paced environment
- Deep understanding of card processing, ACH, wire, wallets, and emerging payments
- Experience in transaction fee optimization and merchant negotiations
- Strong background in scaling ops for high-volume systems
- Expert knowledge of PCI DSS, AML, KYC, and payment compliance
- Familiarity with restaurant and c-store business operations
- Experience integrating payments with POS, inventory, and loyalty platforms
- High technical aptitude and ability to work with engineering
- Strategic thinker around bundling and solution packaging
- Analytical and data-driven decision-making skills
- Excellent communication and stakeholder management
- Expertise in risk management and fraud prevention
- Strong leadership and mentoring abilities
- Ability to thrive in ambiguity and bring structure to scaling teams
- Customer-first mindset with a passion for innovation in retail tech.
Benefits
- Offers Equity
- Offers Bonus
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