Staff Product Manager (Disbursements)

PayNearMe, Inc.; United States; Remote; USD 190,000 - 230,000; Full time

Benefits offered by this job

Stock options

Flexible Time Off

401k plan

Medical, vision & dental

Parental leave

WFH setup stipend

Equipment reimbursement

Holidays

Job summary

PayNearMe, Inc. is seeking a Staff Product Manager for Disbursements to own the end-to-end strategy and execution of outbound money movement. You will partner with engineering, payments operations, accounting, compliance, and external partners to scale the disbursement ecosystem and support real-time rails.

The role demands leadership of cross-functional initiatives, deep payments expertise, and a focus on regulatory accuracy, traceability, and financial integrity across rails and wallets.

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.)

Responsibilities

• Own the multi-year product roadmap for money movement, focused on consumer disbursements.
• Define outbound payments vision balancing speed, compliance, and cost.
• Evolve disbursements platform to support new use cases, partners, rails.
• Lead rail strategy across ACH, wires, RTP, FedNow, push-to-card, and wallets.
• Define routing rules and payout configurations across rails.
• Ensure end-to-end traceability and ledgering across systems.
• Own backlog and deliver with engineering leadership.
• Lead cross-functional platform initiatives with multiple teams.
• Partner with clients and banks to build scalable features.
• Translate partner capabilities into internal advantages.
• Support partner onboarding and performance management.
• Serve as SME for disbursements and regulatory-aligned payout flows.
• Collaborate with compliance, risk, go-to-market, ops, and support.

Skills

Product management

Payments expertise

Disbursements

Payout platforms

Cross-functional leadership

Agile

Financial infrastructure

Regulatory compliance

Stakeholder communication

Tools

JIRA

Confluence

Job description

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 theend-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 consumersand disbursement funding across multiple payment rails. This role plays a critical part inmodernizing payout infrastructure, including support for real-time payment rails, while ensuringcomplete transaction traceability, financial accuracy, and regulatory compliance at scale.

You will lead the product vision for outbound money movement, partner deeply withengineering, payments operations, accounting, compliance, and external financial partners, andensure the platform can support growing volumes, new use cases, and increasingly complexregulatory and operational requirements.

This is a highly visible role with direct impact on customer trust, platform economics, and thecompany’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 speedcost, 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 disbursementfunding.
• Ensure every outbound transaction is fully traceable, correctly attributed, andreconcilable across systems by owning product requirements for ledgering,reconciliation, error handling, and payout transparency.
• Partner closely with accounting and finance to ensure accurate ledgering, settlementreporting, 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 leadershipbalancing feature delivery, platform resilience, and regulatory commitments.
• Lead large-scale platform initiatives alongside incremental product enhancements withmultiple 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

$190,000—$230,000 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.

Candidate information will be treated in accordance with our job applicant privacy notice found at: