[Hiring] Product Manager, Billing & Settlement @Xplor

Role Description

Xplor Pay is seeking a highly analytical, enthusiastic, and execution-focused Product Manager to oversee the billing and settlement platform, Horizon. You will 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

You will operate at the intersection of product, finance, risk, compliance, and engineering—ensuring accuracy, scalability, regulatory alignment, stability, and commercial optimization across our US payments ecosystem. You will directly shape the financial backbone of Xplor Pay’s payment ecosystem.

Qualifications

• 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
• Experience working with processors, sponsor banks, or network file formats (e.g., clearing, settlement, chargebacks) preferred.
• Exposure to debit routing, cost optimization strategies, or margin analytics.
• Familiarity with compliance obligations related to network rules.
• Strong financial and analytical acumen.
• Ability to interpret complex network pricing updates and convert into product requirements.
• Experience with pricing engines, fee configuration tools, or ledger-based platforms preferred.
• Excellent stakeholder communication skills and data-driven decision-making mindset.
• Accountable, dependable, responsive, and self-motivated.

Requirements

• 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.

Benefits

• Gender Neutral Paid Parental Leave
• #GiveBackDays/Commitment to social impact – 3 extra days off to volunteer and give back to your local community
• Ongoing dedication to Diversity & Inclusion initiatives such as D&I Council, Global Mentorship Program
• Access to free mental health support
• Flexible working arrangements