Principal Product Manager Banking

Date: 20-Nov-2021

Location: Dublin, Ireland, IE, Dublin 4

Company: Paysafe

Title: Principal Product Manager Banking

Location – Dublin, Ireland or London, United Kingdom


About Paysafe:

Paysafe Limited (“Paysafe”) (PSFE: NYSE) (PSFE.WS) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of US $92 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics, and the convergence between brick-and-mortar and online payments. 


At Paysafe, we’re focused on building products that define the future of the payments industry. You’d be joining an experienced and highly knowledgeable group of Product Managers. Your job here will involve extreme collaboration with Developers, Architects, Designers, UX experts, and Analytics teams.


Our Product Managers work in cross-functional teams and add even more horsepower, bringing the right people together to gather and analyze the information needed to make informed decisions. They are continuously curious, seeking to deepen their knowledge around different technologies and disciplines in order to be able to ask the right questions.

The Product Manager-Bank Acceptance will play a key role in ensuring Paysafe’s offering in Bank Transfer Payments is competitive and aligned with Paysafe’s strategy and needs. This individual will report to the Head of Product Payment Network and be responsible for the delivery of a global network of banking partners for external and internal customers.


Candidate Responsibilities:

  • Own all banking integrations across the Payment Network. Liaise with Product Architects, IT, and functional stakeholders. In this role, requirements are both technical and functional.
  • Ensure the bank acceptance platform contains the features and functions required to deploy and manage pay by bank products smoothly across all applications; examples of these features could include reconciliation between providers and Paysafe applications, management of refunds and reversal’s, analytics around the usage and success, etc
  • Follow and evangelize the implementation of new protocols such as Open Banking and other market disrupting initiatives to facilitate a better customer experience.
  • Support the bank transfer payments acceptance strategy by providing a view on the right make of banks per region, the appropriate integration methods with these banks, and services and features supported. Understand the implications of regional regulatory initiatives and leverage this understanding to support innovation in our banking products.
  • Execute the banking network strategy defined by Paysafe business users ensuring connectivity to the right mix of direct banking partners as well banking networks (BACS, ACH, SWIFT, etc.
  • Guide product owners in the day-to-day execution of the Banking Network roadmap ensuring implementation follows the agreed-on roadmap and priority.
  • Foster collaborative and supportive relationships with all stakeholders, communicate clearly and in alignment with the overall Group Product roadmap. Bank Transfer is both an externally productized offer as well as an internal service used to support the needs of the business for automated funds transfers.
  • Ongoing analysis of the performance by banks we work with, identify issues and work towards efficiency and good customer experience.
  • Data-driven decision making and planning: define KPIs for measuring success and validate all assumptions post-execution.
  • Follow product development and management methodology that is consistent with the accepted norms for the group as a whole


Professional Qualifications, Experience, and Personality:

  • 10 plus years experience working in Product Management roles
  • MBA or equivalent experience relevant to functional area 
  • Demonstrates a clear understanding of all aspects of banking networks and products: Regional schemes such as ACH, EFT, BACS, and SEPA, and their respective operating ecosystems and governing bodies.
  • Understanding of the technical aspects of bank payments: File batching, transaction statuses, real-time, and non-real-time events, and their impact on the movement of funds.
  • Strong understanding of merchant and payment service provider needs to support different segments of merchants: Direct Merchants, Payment Facilitators, ISOs, and Agents.
  • Prior work experience implementing PSPs & Acquirers
  • Prior experience working in a global company and driving transformation via a global roadmap
  • Experience working in a diverse, multicultural and global company is an added advantage
  • You’re comfortable communicating with business stakeholders, Engineering, Design/UX, and Analytics teams – verbal and written communication skills and capacity for articulation.
  • Decent technical knowledge and skill to speak authoritatively on the technical aspects of payment method integrations


Equal Employment Opportunity

Paysafe provides equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment.  If you need any reasonable adjustments, please let us know.  We will be happy to help and look forward to hearing from you.



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