Lead Product Manager - Banking Payments

As a Lead Product Manager for our global payment services, you will drive the strategy and execution for core banking payments across India, the UK, and Europe. Your mission is to create a frictionless, resilient financial experience, ensuring robust funds flow, ledger precision, and cutting-edge payment capabilities (including real-time rails and Open Banking) that empower small businesses to grow with confidence.

Responsibilities

Drive Payment Strategy: Develop, drive, and execute the end-to-end product vision for banking payments (covering local/international rails, multi-currency accounts, and local IBANs) aligned with global business objectives; Execute Technical Delivery: Lead cross-functional, agile teams through the entire product development lifecycle mapping transaction lifecycles, writing technical specifications, and managing database isolation levels, event-driven architecture, and API design; Own the Core Infrastructure: Lead discovery and solution design for money-movement controls, clearing, settlement, financial ledgers, and safeguarding/reconciliation mechanics; Leverage the Ecosystem: Engage deeply with the wider banking and fintech ecosystem (including Central Banks, clearing houses, BaaS partners, and Open Banking infrastructure like VRP) to identify next-generation payment opportunities; Ensure Regulatory & Risk Compliance: Collaborate with Risk, Compliance, and Legal teams to ensure all payment features adhere strictly to FCA/PRA, EMI, and local central bank regulatory guidelines, proactively mitigating fraud and transaction risks; Commercialize Payment Features: Optimize revenue drivers across the payment flywheel (interchange, FX markups, premium payment features, and data enrichment) while collaborating with Finance on quarterly forecasting; Prioritize via Data: Define and track product KPIs and OKRs (activation, transaction velocity, liquidity/deposits, exception rates, and processing costs) to drive continuous optimization

Requirements

8+ years of experience in Product Management specifically focused on core banking systems, payment rails, clearing/settlement infrastructure, or electronic money institutions (EMIs); Strong technical understanding of global and local payment mechanics, including SEPA, Faster Payments, UPI, SWIFT, and Open Banking / PSD2 frameworks; Comfort speaking 'Finance' with compliance officers and 'Engineering' with backend architects; understanding of API design, transaction logging, race conditions, and edge cases in high-throughput core systems; Solid understanding of funds flow, ledger management, double-entry bookkeeping, and automated safeguarding/reconciliation processes; Well-versed in UK/EU/Global financial regulations (FCA, PRA, EBA guidelines, AML/KYB compliance, and transaction reporting requirements); Strong understanding of small business financial friction points (cash-flow management, payment acceptance, FX, and account reconciliation); Proven experience mentoring junior PMs, managing external third-party banking providers/vendors, and aligning senior executive stakeholders; Proactive individual contributor who balances big-picture financial strategy with meticulous, hands-on approach to technical data flows

Benefits

MELP flexible benefit app (50 EUR per month accruing) (does not include Health Insurance); 25 days paid annual leave; 3 paid days off for volunteering or L&D activities; Parental Leave days (according to statutory); Family-Friendly Leave (according to statutory + extended from Tide); Personal L&D budget in the amount of 500 EUR per year; Mental wellbeing platform Plumm; WFH equipment allowance; Sabbatical Leave; Share options; Team Events