Product Manager - Banking

OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P. Morgan, Goldman Sachs, FalconX, Paypal, Affirm, Polygon, Kraken, Nium & others. We’re backed by Accel, Faction, NfX, Accomplice, and other top-tier investors.

We are seeking an experienced Product Manager to lead our Banking as a Service (BaaS) product team. You'll play a pivotal role in the 0->1 development of the ‘Bank’ product that will facilitate rapid settlement via various local payment rails, enabling frictionless transactions for our institutional clients. Your efforts will directly drive engagement, volumes, and client satisfaction across our platform.

Responsibilities:

• Banking Product Strategy: Define and execute the BaaS product roadmap to deliver instant, reliable, and seamless banking and payment experiences aligned with client needs and business growth.
• Integration & Settlement: Lead integrations with global banking partners, ensuring swift and secure settlements through local payment rails.
• Cross-Functional Collaboration: Work closely with our ‘Trade’ and ‘Earn’ teams to create a unified, intuitive user experience across our entire product ecosystem.
• Technical Specifications: Engage closely with banking partners to translate business requirements into detailed technical specifications and product features.
• Client-Centric Design: Develop intuitive client onboarding, monitoring, and self-service tools that significantly enhance the overall client experience.
• Market & Regulatory Insight: Stay ahead of market trends, competitive offerings, and evolving regulatory landscapes to proactively adapt and innovate.
• Metrics & Analytics: Establish and track key metrics around client adoption, transaction volume growth, system reliability, and product engagement.
• Documentation: Oversee clear and comprehensive documentation, ensuring ease of integration and compliance for both internal teams and external partners.
• Stakeholder Management: Manage strategic relationships with banking partners and internal stakeholders, proactively addressing needs and fostering collaborative relationships.
  
  

Qualifications:

• Bachelor's degree in Computer Science, Engineering, Finance, or related field; MBA preferred
• 6+ years in product management, with a focus on banking/payments infrastructure and integrations
• Proven experience with integrations across banking systems and local payment rails (SWIFT, ACH, SEPA, PIX, etc.)
• Deep understanding of financial protocols, regulatory environments, and compliance requirements
• Demonstrated success designing and launching API-driven financial products
• Strong technical acumen and ability to navigate complex banking systems
• Excellent communication, analytical, and problem-solving skills
• Experience in fintech or financial services; familiarity with FX or cross-border payments preferred
• Crypto/blockchain integration experience is advantageous but not required
  
  

What We Offer:

• Competitive compensation and equity
• Opportunity to shape a rapidly growing fintech product
• Collaborative, fast-paced, and supportive culture
• Exposure to global banking partners and cutting-edge payment solutions
  
  

RedEnvelope is committed to diversity and inclusion. We welcome applicants from all backgrounds and ensure equal opportunities irrespective of race, religion, gender, sexual orientation, nationality, disability, or veteran status.