Product Manager

Equals Money; London, Chester; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

Join Equals Money as a Product Manager to lead the evolution of our card processing infrastructure. You'll shape the product vision, drive execution, and work with partners like Visa and Mastercard to create innovative financial solutions while ensuring compliance and optimizing performance.

Benefits

Competitive salary

25 days holiday + birthday off

£250 learning & development support

Free onsite gym

Health and Wellbeing discounts

Private Healthcare

Life Assurance Policy

Pension scheme

Qualifications

• 4+ years of product management experience, 2+ years in card products.
• Strong understanding of card scheme networks and processing workflows.
• Exceptional communication skills to translate technical requirements.

Responsibilities

• Lead product strategy for card processing capabilities including compliance.
• Design transaction processing stack and API for cardholder services.
• Monitor KPIs like transaction success rate and chargeback ratios.

Skills

Product Management

Card Processing Workflows

Cross-Functional Leadership

Technical Aptitude

Data-Driven Decision Making

Communication

Job description

About Us

Over the last 18 years, we’ve helped over a million satisfied customers move and manage their money. Our award-winning product portfolio empowers our customers to make cost-effective, multi-currency payments through a wide range of products—from travel money and international transfers to currency hedging and expense management.

In May 2025, Equals Money and Railsr officially combined, bringing together two fintech pioneers to form a stronger, more dynamic financial services platform. The merger allows us to deliver cutting-edge embedded finance, payments, and card issuing infrastructure to a broader set of customers globally.

Together, we’re building the next generation of financial services—powered by advanced payments technology, regulated infrastructure, and personal expert service.

About the Role

We’re looking for a Product Manager to lead the evolution of our card processing infrastructure—a core component of the Equals Money Railsr platform. In this role, you’ll drive the product vision, roadmap, and execution for card lifecycle management, from authorisation and transaction routing to settlement, reconciliation, and scheme compliance.

You’ll work closely with card networks (e.g., Visa, Mastercard), processing partners (e.g., Marqeta), and internal engineering teams to build a resilient, scalable card stack that enables BIN sponsorship, issuing, and value-added card features across the UK, US and EU.

This role demands a strong understanding of scheme rules, card technologies, and the commercial aspects of card processing systems. You'll play a key role in evolving our card technology stack and ensuring we remain compliant, innovative, and competitive in the global payments space.

This role sits in the card domain led by the Head of Cards Products and you will work alongside another Product Manager, who will be responsible for our cards platform experience. Together, you will closely build out a significant revenue line for the group.

Key Responsibilities

• Product Ownership: Lead the product strategy for our card processing capabilities across authorisation, clearing, settlement, ledger posting, reconciliation, and dispute resolution.

• Scheme Integration: Interpret and implement changes from Visa and Mastercard operating regulations and technical bulletins. Ensure timely compliance and alignment to scheme mandates.

• Processing Infrastructure: Design and evolve our transaction processing stack, including primary and secondary message handling, stand-in processing, dual-message flows, and fallbacks.

• Partner Collaboration: Work closely with card processors, scheme representatives, and bureau partners to drive delivery, optimise latency, and improve approval ratios.

• API Design: Collaborate with engineering teams to build scalable and secure APIs for issuing, cardholder services, and back-office functions (e.g. reporting, limits, tokenisation).

• Operational Excellence: Define and monitor KPIs such as transaction success rate, chargeback ratios, scheme fee recovery, and system uptime.

• Compliance & Risk: Partner with legal, risk, and compliance to ensure full alignment with PCI DSS, 3DS, SCA, AML/KYC, and other relevant regulations.

• Strategic Input: Identify innovation opportunities in card technology (e.g., tokenisation, softPOS, network tokenisation, real-time funding) and incorporate them into the roadmap.

• GTM Enablement: Support go-to-market, operational readiness, and partner enablement for all card product enhancements.

Essential Skills

• 4+ years of product management experience, with 2+ years specifically focused on card products or card payment infrastructure.

• Understanding of card scheme networks, card processing workflows, and payment message formats).

• Experience working with card processors, scheme certifications, settlement platforms, and dispute management systems.

• Strong technical aptitude—able to work closely with engineering to define APIs, system behaviour, and integration logic.

• Proven track record in leading cross-functional initiatives and delivering high-availability financial products at scale.

• Exceptional communication skills—able to translate complex technical requirements into commercial outcomes.

• Demonstrated ability to track key performance metrics and drive data-informed product decisions.

Desirable Skills

• Experience with embedded card platforms like Marqeta, Galileo, or processors like GPS, Thredd, or FIS.

• Understanding of transaction routing logic and BIN configuration best practices.

• Familiarity with scheme dashboards, network fee structures, and cost-reduction initiatives.

• Experience managing scheme relationships or participating in scheme compliance reviews/certifications.

• Working knowledge of Postman, Figma, and documentation tools like Notion.

• A passion for payment and cards innovation—keen to stay ahead of the curve on topics like tokenisation, real-time payments, or biometric authentication.

Benefits

• A competitive salary benchmarked against a peer group.

• 25 days holiday per year + your birthday off.

• Opportunities for progression, development and learning new skills - £250 towards the cost of learning & development.

• Free onsite Nuffield Health gym & pool (London) and discounted gym membership elsewhere.

• GetActive with Aviva - Health and Wellbeing discounts on services and products.

• Interbank currency rates on travel money and international transfers.

• Bupa Private Healthcare.

• Free Eye Test and £50 up to the cost of glasses.

• EAP Service - Mental Health Services.

• Life Assurance Policy - x3 annual salary.

• Contributory pension scheme.

• Cycle to Work Scheme.

• Season Ticket Loans.

• Enhanced Parental Policies.

• Complimentary tea, coffee, soft drinks and fruit.

• We operate a hybrid working arrangement where possible.

Working Arrangements

Where possible, we offer the opportunity to work flexibly and the opportunity to balance some remote working with time in the office collaborating, taking part in events and developing the social connections that make working with us rewarding.

Equals Group strives to create a workplace where we can all be ourselves. We believe in inclusion, equality and the power of diversity, so you'll be encouraged to bring your unique perspectives and experiences, and help us understand what you need to do your best work.

No agency support required at this time - thank you.