Product Manager, Modern Treasury
Payments
$150-230k
Offers Equity
Payment operations solutions
Job no longer available
Payment operations solutions
101-200 employees
Job no longer available
$150-230k
Offers Equity
101-200 employees
Company mission
To transform how teams mov and track money - to support impactful businesses rooted in trust and transparency.
Role
Who you are
- Payments expertise: You know the ins and outs of banking systems and integrations. You understand at a deep level how banks operate and the data models they leverage, e.g BAI2 and ISO. You get excited by innovation, from nerding out over FedNow to understanding whats happening around the world
- Technical fluency: You relish going deep with engineers on the details of payment systems to understanding how the payment system itself can service customer applications. You are familiar with using application data to improve the platform’s capabilities for recognizing transaction and payment patterns
- Partnership collaboration: You thrive in a dynamic and cross functional environment where you not only work with internal stakeholders across multiple teams but external counterparties such as banks
- Empathy for technical and non-technical users: You can empathize with and match the technical requirements of our most mission-critical customers while also understanding the needs of treasury and payment operations teams. You can work with sales and customer success to develop pointed strategies for capturing and showcasing the value of MT against alternative or in house payment operation teams
- Product Management Experience: You have extensive experience as a product manager operating in dynamic, fast-moving environments
What the job involves
- Modern Treasury is hiring a Product Manager for our Payments product
- This individual will build robust infrastructure to support global and programmatic payments flows
- This will include owning and defining the primitives of our payments product, ensuring a seamless developer experience, and managing complex bank integrations
- You will become a payments expert, if you aren't one already
- You will work with Modern Treasury’s biggest customers as they use the platform to move tens of billions of dollars a month
- Working with engineering and customer-facing teams across the company, you will ensure that Payments customers are successful
- Payments Product Design: You will work with our customers to understand their requirements around banks integrations, data, and APIs. You shape our product to support customers’ needs as they leverage our payments product to support all of their money movement needs. You will design clean, developer friendly APIs alongside engineering to enable our customers to embed payments into their platforms
- Payments Innovation: You will be at the forefront of payments capabilities, staying on top of industry trends and ways in which new payment rails such as FedNow or Global Payments can be leveraged by our customers. You will ensure the implementation of these new capabilities is seamless for our customers and we handle edge cases such as returns and payment failures with ease
- Metrics and feature improvements: You’ll design metrics to ensure we are building the right features and capabilities for our payments customers. You will leverage qualitative and quantitative data to identify feature gaps and resolve customer challenges quickly and thoughtfully
Our take
Modern Treasury is a fintech company looking to modernize legacy B2B banking by accelerating the pace of payments. Its payments operation software offers real-time transaction tracking and an API or dashboard to help companies manage payments from a single place. With approximately $120 trillion in B2B business payments processed annually globally, Modern Treasury is tapping into a huge market opportunity.
Key to the success of its offering has been to renovate legacy payment methods, such as checks. Its software significantly reduces the processing time required to carry out transactions - and is applicable across a broad swathe of high-value sectors like real estate, healthcare, and financial services.
With rapid market expansion and accelerating digital transformation, Modern Treasury has experienced impressive growth since its 2018 founding, quickly achieving Unicorn status. Partnerships with Metropolitan Commercial Banks and products like Global ACH highlight suits value and adept navigation of a growing customer base.
Steph
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Mar 2022
$50m
SERIES C
Oct 2021
$85m
SERIES C
Total funding: $183.2m
Company HQ
Union Square, San Francisco, CA
Leadership
Dimitri Dadiomov
(CEO)They studied at Stanford and Harvard, and have held senior positions at Foundation Capital and LendingHome.
Matt Marcus
(CPO)A Dartmouth graduate and former Y Combinator member, they previously worked at LendingHome as a Senior Software Engineer.
Sam Aarons
(CTO)They studied Computer Science at Columbia and were a Senior Software Engineer at LendingHome.
Salary benchmarks
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