Role Description 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.). Requirements - The annual base salary range for this role represents PayNearMe's good-faith estimate of the base salary it reasonably expects to offer for this position at the time of hire. Actual compensation may vary based on factors including the candidate's experience, qualifications, skills, and work location. PayNearMe may offer compensation outside of this range in certain circumstances. - This position will remain posted until filled. - Annual Salary Range: $200,000 — $235,000 USD. 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.