Staff Product Manager (Disbursements)

Company Description At PayNearMe, we’re on a mission to make paying and getting paid as simple as possible. We build innovative technology that transforms the way businesses and their customers experience payments. Our industry-leading platform, PayXM™, is the first of its kind—designed to manage the entire payment experience from start to finish. Every click, swipe or tap is seamless, fast and secure, helping non-commerce businesses boost customer satisfaction, accelerate payments, and reduce costs. Our single platform handles it all: cards, ACH, digital wallets such as PayPal, Venmo, Cash App Pay, Apple Pay and Google Pay, and even cash at more than 62,000 retail locations nationwide. Today, thousands of businesses across consumer lending, iGaming and online sports betting, property management, and tolling trust PayNearMe to deliver a payment experience that drives real results. In September 2025, we raised a $50 million Series E funding round to accelerate our growth. We’re a team of 300+ employees across 41 states, headquartered in Silicon Valley with satellite offices in Dallas, TX and Holmdel, NJ. Join us and be part of a team that’s shaping the future of payments—one experience at a time. 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.) 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 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 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. 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: the categories of Personal Information that the Company collects and maintains about applicants; and 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. 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. 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. Characteristics of Protected Classifications Under California or Federal Law. The Company may collect information about race, age, national origin, disability, sex, and veteran status as necessary to comply with legal obligations, including the reporting requirements of the federal Equal Employment Opportunity Act, the federal Office of Contracting Compliance Programs (applicable to government contractors), and California’s Fair Employment and Housing Act. The Company collects this Personal Information for purposes including: to comply with Federal and California law related to accommodation. The Company also collects this category of Personal Information on a purely voluntary basis, except where required by law, and uses the information only in compliance with applicable laws and regulations. Education Information. The Company collects education information such as resumes and graduation records. The Company collects this Personal Information to determine suitability for roles, to determine eligibility for training courses, and to assist with professional licensing. Profile Data. The Company may collect profile data, including the following: psychological assessments, behavior analyses, or other profiling of its applicants. The Company collects this Personal Information to determine aptitude for certain positions and job assignments as well. Background Screening Information. In the event that an applicant is given a formal job offer, the Company collects background screening information prior to hiring, including results of the following types of background screening: criminal history; sex offender registration; motor vehicle records; credit history; employment history; drug testing; and educational history. The Company collects this Personal Information to screen for risks to the Company and its clients, and continued suitability for their jobs and to evaluate applicants for promotions.