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Product Manager, Payout Rails

Role overview

Qualifications

  • 5+ years in product management in payments, fintech, or banking
  • At least 2 years on a payments, payouts, or partner integration product
  • Working knowledge of payment rails and message standards
  • Practical understanding of REST and JSON APIs

Responsibilities

  • Own the payout rails roadmap based on volume, cost, and customer demand
  • Understand each corridor and payout method
  • Work with Solutions Engineers to define platform requirements
  • Measure and review the performance of every rail

Key facts

Hard skills

Other skills

  • Problem Solving
  • Communication

About the company

MoneyGram International logo

MoneyGram International

  • Financial Services
  • Large
  • 1,001–5,000
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with more than 75 countries now digitally enabled. MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business. With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of digital P2P payments. For more information, please visit moneygram.com and follow @MoneyGram. MoneyGram and the Globe are marks of MoneyGram. All other marks are the property of their respective owners. ©2023 MoneyGram. State Licensing: Licensed in all 50 states. Licensed as a Money Transmitter by the Banking Department of the State of New York Licensed by the Georgia Department of Banking and Finance; NMLS #898432 Massachusetts Check Seller License # CS0025, Foreign Transmittal License # FT89432, NMLS # 898432. The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding MoneyGram Payment Systems, Inc. (NMLS #898432) at: 1100 North Eutaw Street, Suite 611, Baltimore, Maryland 21201. Phone number: 888-784-0136. MoneyGram’s license status information can be viewed on the NMLS Consumer Access website at https://nmlsconsumeraccess.org/

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Job description

At MoneyGram, we're combining the strength of a trusted global brand with the agility of a tech-forward, growth driven culture. With 85+ years of experience and a presence in more than 200 countries and territories, we've built a foundation of stability and trust to help millions of people around the world send funds quickly, securely, and affordably.

We're looking for bold thinkers, builders, technologists, and sellers who want real ownership of their work, thrive in collaborative environments, and are energized by solving complex challenges. Here, you'll have the opportunity to make a measurable impact - fast.

If you're eager to shape the future of cross-border payments and financial services, join us as we transform how the world moves money.

Product Manager, Payout Rails

At MoneyGram, we connect the world by making cross border money transfers seamless, affordable, and secure for everyone. We are a customer centric, digital first, cross border money movement network, serving millions of customers across the globe.

We are looking for a Product Manager to join our Payout Rails team. You will own the problem space for how money reaches banks, wallets, and aggregators worldwide. You will work daily with the Solutions Engineers who build and run each connection, and with engineering, Compliance, Operational and Commercial teams.

What you'll do

  • Own the payout rails roadmap: which corridors, rails, and partners we add, and in what order, based on volume, cost, and customer demand
  • Have a complete understanding of each corridor and payout method: addressable volume, partner cost, speed, coverage, and conversion
  • Work with Solutions Engineers to turn partner API specifications into platform requirements, and decide what we build once versus configure per partner
  • Define how we measure the performance of every rail. Instrument those measures, review them, and act on them
  • Turn recurring partner and operations friction into roadmap items, so we remove the cause

Who you are

You understand and have experience in owning problem spaces. You can explain a payment rail to a business lead and a product requirement to an engineer in the same meeting. You would rather remove the cause of a recurring problem than keep handling each instance of it. 

Skills and experience

  • 5+ years in product management in payments, fintech, or banking, with at least 2 years on a payments, payouts, or partner integration product
  • Working knowledge of payment rails and message standards: ISO 20022, instant versus deferred batch clearing, alias and account resolution, settlement versus clearing
  • Practical understanding of REST and JSON APIs, authentication methods such as OAuth 2.0 and mTLS, webhooks, and idempotency. You can read a partner API specification and a raw request and response trace
  • Clear writing: product requirements and updates for engineers, partners, and executives
  • Demonstrated ownership of work that crosses engineering, commercial, and external partners
  • Experience prioritising a roadmap against limited engineering capacity, and saying no with evidence

Location

India (remote)

 

Here are a few reasons why you will like working here: 

  • Comprehensive Health Insurance - Medical coverage for eligible employees and their families (subject to benefits limit, policy terms and conditions)
  • Life and Accident Insurance - Financial protection coverage for eligible employees
  • Community Service Days - Paid time off for eligible employees to volunteer in their communities
  • Tuition Reimbursement - Educational assistance program for eligible employees (subject to program guidelines and approval)
  • Transfer Fee Reimbursement - Smooth transitions with reimbursement for any transfer-related fees. We’ve got you covered.
  • Employee Assistance Program - Confidential counseling and support services for eligible employees
  • Employee Referral Program - Incentive program for employee referrals (subject to program terms)
  • Remote work flexibility - Available for eligible roles with hybrid or remote work options

About MoneyGram : 

MoneyGram is a global payments network built to move money across borders with speed, simplicity and trust. Its omnichannel platform empowers consumers, developers and agents to transfer cash, fiat and stablecoin however it works best for them.

The company serves over 60 million customers a year across 200+ countries and territories, nearly half a million retail locations and a rapidly expanding digital ecosystem reaching billions of devices. As one of the most recognized and trusted names in global payments, MoneyGram continues to reinvent how money moves - helping people around the world support their loved ones and build better futures.

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