Product Manager, Stripe
Local Payment Methods
$178.6-268k
More information about location
A financial infrastructure platform for businesses
Open for applications
A financial infrastructure platform for businesses
1001+ employees
Open for applications
$178.6-268k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- 5+ years in a product management or product-adjacent role, with a proven track record building highly impactful products
- Demonstrated experience partnering closely with engineers, designers, and external partners to build products and complex systems at scale
- Ability to effectively communicate with and influence both user-facing and partner-facing stakeholders
- Strong written and verbal communication skills, with a knack for precise and concise articulation of user problems
- Analytical mindset, proven experience working cross-functionally to turn data insights into strategic decisions
- Ability to thrive in a dynamic and fast-paced environment with significant autonomy and responsibility
- Background delivering successfully on multi-quarter roadmaps and aligning diverse stakeholders to achieve shared goals
- Strong business acumen and comfort with complex ecosystem and platform-level problems
Desirable
- Experience with online payments, deep understanding of the conversion, costs, and risk trade-offs
- Experience optimizing revenue outcome for an online and/or point-of-sale payments business
- Experience working with financial partners and users from various geographies and cultures
What the job involves
- The Local Payment Methods team is responsible for Stripe's fastest growing payments business
- We build the payment methods that help businesses drastically increase their revenues and grow their business
- Undergirding all of this we also build the platform that allows us to build and distribute payment methods at scale
- We're looking for a Senior Product Manager to lead a pillar within our LPM Conversion Optimization team
- In this role, you will leverage your extensive experience turning ambiguous problems into clear and actionable deliverables, aligning internal and external leaders on a shared, ambitious vision
- You'll help define the most relevant local payment methods to build (breadth) and aspects of payment methods to invest in (depth) to deliver the best revenue outcomes for Stripe users
- You will build towards the long-term vision for local payment methods at Stripe, becoming a subject-matter expert for a subset of Stripe's most strategic payment partners
- This will involve close collaboration with Stripe's and our financial partners’ product and engineering organizations to prioritize valuable investments over a multi-quarter roadmap, considering distribution potential, performance, costs, and risks
- Develop the long-term vision and strategy for your pillar within the Local Payment Methods team, and create and execute on a compelling roadmap
- Deeply understand our users’ (merchants and partners) needs by spending time with partnership managers, risk, legal, compliance, data science, engineering, products, and go-to-market teams, and by observing patterns and trends across their feedback and the industry
- Collaborate with product marketing and go-to-market teams to turn your multi-quarter roadmap into compelling and actionable narratives
- Build deep user empathy with both Stripe's merchants and financial partners, understanding global payment industry trends and competitors' offerings to influence Stripe's roadmap effectively
- Work closely with Stripe and our financial partner's product and engineering organizations to define the most valuable investments, factoring in aspects such as distribution potential, performance, costs, and risks
- Become a subject-matter expert for a subset of Stripe's most strategic payment partners, ensuring they receive the support and insights needed to succeed
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company values
- Built for builders - The best reason to work at Stripe is that you will have colleagues who support and challenge you to do the best work of your career. We combine a big-picture mindset with obsessive attention to the details, down to the last pixel, API parameter, and word.
- An environment of growth - We care about results more than CVs. We value managers who remain experts while developing talent and designing successful orgs. You can also have a big impact and advance far without managing anyone. We want you to take what you’ve been hired to do, and show us how it’s done – you might create something we never would have imagined. We have had account managers start a publishing arm, interns who have run business units, and hackathon participants who have built company-defining products.
- Fast-paced, detail oriented - We balance innovation with scrupulous attention to every bit and byte involved in the movement of money – because we can’t do our job well unless we do both. When we started, we emailed every API error to everyone at the company. Now, we have more than 250 million API requests a day – and we still care about each one.
- Voraciously curious - We wish there was a book that described what we need to do next (we’d even publish it), but since there isn’t, we all have to write it together. You will need to find answers to questions you’ve never been asked before. Sometimes, you will be the first person ever to contemplate a particular problem. We want people who devour books for fun and approach new challenges with eager curiosity.
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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