Product Manager

Payments Network of the Philippines (formerly BancNet, Inc.); Makati; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

Payments Network of the Philippines (formerly BancNet, Inc.) is seeking a seasoned product leader to manage the full lifecycle of payment products. You will translate roadmaps into executable initiatives, coordinate with Technology, Operations, Compliance, vendors, and institutions, and monitor product performance with a focus on growth, efficiency, and value.

The role requires 5–7 years in product management or banking, deep knowledge of payment systems, and the ability to drive governance,

Qualifications

• Bachelor’s degree required in Business, Finance, IT, or related field.
• 5–7 years of experience in product management and/or banking.
• Strong knowledge of payment systems, banking operations, and regulatory requirements.
• Experience in: Product lifecycle management, Project execution, Product performance monitoring, P&L and pricing analysis, Governance, risk, and compliance, Market analysis, Stakeholder management.
• Product or project management certification is an advantage.

Responsibilities

• Manages the end-to-end lifecycle of assigned payment products, from planning and development through implementation, enhancement, and post-launch review.
• Translates product roadmaps into executable initiatives by defining requirements, timelines, and dependencies, and coordinating closely with Technology, Operations, Compliance, vendors, and participating institutions.
• Monitors product performance using usage, transaction trends, adoption, pricing, and product-level P&L, and recommends enhancements to improve efficiency, customer value, and financial sustainability.
• Ensures assigned products comply with internal governance, regulatory requirements, risk controls, and audit standards, with complete and timely documentation.
• Serves as the product subject matter expert, providing guidance and support to internal teams, regulators, participants, and external partners on product-related matters.
• Drives continuous product improvement by incorporating market developments, stakeholder feedback, operational insights, and emerging risks into product decisions.

Skills

Product lifecycle management

Project execution

Product performance monitoring

P&L and pricing analysis

Governance, risk, and compliance

Market analysis

Stakeholder management

Education

Bachelor’s degree in Business, Finance, IT, or related field

Job description

• Manages the end-to-end lifecycle of assigned payment products, from planning and development through implementation, enhancement, and post-launch review.
• Translates product roadmaps into executable initiatives by defining requirements, timelines, and dependencies, and coordinating closely with Technology, Operations, Compliance, vendors, and participating institutions.
• Monitors product performance using usage, transaction trends, adoption, pricing, and product-level P&L, and recommends enhancements to improve efficiency, customer value, and financial sustainability.
• Ensures assigned products comply with internal governance, regulatory requirements, risk controls, and audit standards, with complete and timely documentation.
• Serves as the product subject matter expert, providing guidance and support to internal teams, regulators, participants, and external partners on product-related matters.
• Drives continuous product improvement by incorporating market developments, stakeholder feedback, operational insights, and emerging risks into product decisions.

QUALIFICATIONS:

• Bachelor’s degree in Business, Finance, IT, or related field.
• At least 5–7 years of experience in product management and/or banking.
• Strong knowledge of payment systems, banking operations, and regulatory requirements.
• Strong experience in: Product lifecycle management, Project execution, Product performance monitoring, P&L and pricing analysis, Governance, risk, and compliance, Market analysis, Stakeholder management
• 'Product or project management certification is an advantage.

HIGHLY PREFERRED:

• Experience managing payment products such as real-time payments, card-based products, digital payments, clearing, or related financial products.
• Exposure to InstaPay, PESONet, cards, ACHs, or other payment rails/channels.
• Experience working with banks/participants, BSP, PPMI, regulators, vendors, and technology teams.
• Strong analytical background, with experience using product KPIs, transaction data, pricing, and P&L to make product decisions.
• Experience leading product enhancements, system implementations, or product launches.

Data Collection and Privacy Statement

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By submitting your application, you further represent that all information provided is true and accurate and authorise the retention of your application records for current and future employment opportunities, unless otherwise requested in writing.