Staff Product Manager (Disbursements)

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. Job Description The Staff Product Manager for Disbursements is a senior leadership role responsible for the end-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 consumers and disbursement funding across multiple payment rails. This role plays a critical part in modernizing payout infrastructure, including support for real-time payment rails, while ensuring complete transaction traceability, financial accuracy, and regulatory compliance at scale. You will lead the product vision for outbound money movement, partner deeply with engineering, payments operations, accounting, compliance, and external financial partners, and ensure the platform can support growing volumes, new use cases, and increasingly complex regulatory and operational requirements.

This is a highly visible role with direct impact on customer trust, platform economics, and the company’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 speed cost, 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 disbursement funding. - Ensure every outbound transaction is fully traceable, correctly attributed, and reconcilable across systems by owning product requirements for ledgering, reconciliation, error handling, and payout transparency. - Partner closely with accounting and finance to ensure accurate ledgering, settlement reporting, 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 leadership balancing feature delivery, platform resilience, and regulatory commitments.