Product Manager, Billing & Settlement

Xplor Technologies is a global company integrating vertical SaaS solutions and payment technologies. They are seeking a Product Manager to oversee their billing and settlement platform, focusing on product strategy, financial integrity, and cross-functional leadership to enhance the payment ecosystem.

Responsibilities:

• Lead the vision, strategy and delivery end-to-end for this mission-critical system including: Card and debit network interchange management, Dues & assessments calculation and tracking, Customer pricing configurations, Association reconciliation, Merchant billing & statement generation
• Define and execute the product roadmap for Xplor Pay’s billing and settlement platform, Horizon
• Drive long-term strategy around interchange and billing optimization, pricing transparency, and margin integrity
• Ensure the platform scales across verticals and supports evolving card network requirements
• Translate card network interchange programs, dues, and assessments into scalable system logic
• Own pricing model configuration (cost-plus, flat rate, tiered, blended, etc.)
• Design tools to support margin monitoring, revenue leakage prevention, and profitability analytics
• Lead association reconciliation capabilities across credit card and debit networks
• Ensure accurate mapping between network clearing files, processor data, and merchant billing
• Partner with Accounting & Finance to improve accuracy, audit readiness, and reporting transparency
• Oversee billing calculations, fee attribution logic, and merchant statement presentation
• Improve clarity, compliance alignment, and data consistency across statements
• Drive automation to increase month-end close efficiencies and reduce manual intervention and operational risk
• Collaborate with Engineering, Accounting, Finance, Risk, Compliance, and Operations
• Gather requirements from internal stakeholders and translate into prioritized backlog
• Manage sprint planning, product documentation, and feature release cycles
• Serve as subject matter expert for interchange, network economics, and settlement flows
• Supporting major company-wide key initiatives to add new system capabilities
• Coordinate on-time delivery of roadmap items with other interdependent departments
• Evaluate business processes, performing requirements analysis and documenting requirements
• Aligning with business stakeholders on requirements to ensure business needs are being met
• Serve as liaison between business stakeholders and scrum teams to prioritize requirements
• Provide support and assistance for troubleshooting issues and production support
• Monitor deliverables to ensure timely completion

Requirements:

• 5+ years of Product Management experience in payments, fintech, or merchant acquiring
• Deep understanding of: Card network interchange structures, Dues & assessments, Settlement & funding flows, Merchant billing and statements, Association reconciliation processes
• Strong financial and analytical acumen
• Ability to interpret complex network pricing updates and convert into product requirements
• Excellent stakeholder communication skills and data-driven decision-making mindset
• Accountable, dependable, responsive, and self-motivated
• Experience working with processors, sponsor banks, or network file formats (e.g., clearing, settlement, chargebacks)
• Exposure to debit routing, cost optimization strategies, or margin analytics
• Familiarity with compliance obligations related to network rules
• Experience with pricing engines, fee configuration tools, or ledger-based platforms