Senior Product Manager - FX and Remittance

XENDIT PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading payment infrastructure provider in Singapore seeks an experienced Product Manager to own the strategy for foreign exchange products. This role requires deep understanding of customer FX needs and close collaboration with Treasury for liquidity management. The ideal candidate has 5–8+ years of experience in remittance or banking, focused on cross-border payouts. Join us to drive FX revenue and improve the merchant experience across Southeast Asia.

Qualifications

• 5–8+ years PM experience in remittance/PSP/banking for FX products.
• Hands-on ownership of reconciliation processes.
• Worked closely with Treasury on liquidity management.

Responsibilities

• Set the strategy for foreign exchange products and merchant experience.
• Understand customer FX needs and build solutions.
• Partner with Treasury to prevent liquidity shortfalls.

Skills

Project Management

Communication

Liquidity Management

Systems Thinking

Job description

Xendit provides payment infrastructure across Southeast Asia, with a focus on Indonesia, the Philippines and Malaysia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world‑class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.

Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top‑10 VCs. We’re proud to be featured on among the fastest growing companies by Y‑Combinator.

About the Job

Own the end-to-end cross‑currency foreign exchange stack—instant balance conversion, auto‑FX on collection, and payout‑with‑conversion—plus the FinOps automation behind it (sub‑ledger, bank‑statement ingestion, reconciliation, liquidity & close). Initial focus is Southeast Asia—Indonesia, Philippines, Malaysia, Singapore, Thailand, Vietnam—with plans to expand further across SEA and globally.

Responsibilities

• Set the strategy for foreign exchange products and merchant experience at Xendit
• Understand our customers’ FX needs deeply and build to meet these
• Discover, scope, and ship new features or improvements for any FX product across prioritized corridors, including but not limited to:Quote & lock, conversion, cross‑currency payouts and withdrawals, payments with autoFX
• Partner with Treasury on buffers, cut‑offs, settlement calendars, and rebalancing; prevent liquidity shortfalls.
• Support the setup of reconciliation at scale
• Work with Compliance, Risk and Treasury to embed sanctions/AML/limits at each movement and ensure auditability.
• Drive KPIs: FX revenue, attach & success rates, FX margin, close time, and incident reduction.
• Collaborate with Partner Management and GTM on corridor launches, docs, migrations, and incident playbooks, including currency pair configuration, settlement instructions, and bank sweeps
• Do whatever it takes to make Xendit success!

Qualifications

• 5–8+ years PM experience in remittance/PSP/banking with shipped regional or global FX or cross‑border payout products.
• Hands‑on ownership of sub‑ledger & reconciliation (bank statements → events → GL), exception queues, and close processes.
• Built/managed pricing & rates with guardrails, exposure/limit policies, and LP failover
• Worked closely with Treasury on liquidity management policies and execution for FX, ensuring sufficient liquidity to support customer needs and commercial performance.
• Strong systems thinking and crisp communication across Eng/Finance/Compliance/Ops