Product Manager, Open Banking

About PayPal

PayPal has been revolutionizing commerce globally for over 25 years, creating innovative, secure, and personalized experiences for moving money, selling, and shopping. Operating in approximately 200 markets, PayPal empowers consumers and businesses to participate and thrive in the global economy through its extensive two-sided network. The company facilitates transactions, payments, and connections between hundreds of millions of merchants and consumers, offering proprietary payment solutions that go beyond third-party networks. PayPal provides customers with flexible account options for purchases, payments, and fund transfers, utilizing various funding sources including bank accounts, PayPal/Venmo balances, credit products, cards, cryptocurrencies, and gift cards. Its PayPal, Venmo, and Xoom products simplify and secure fund transfers between friends and family. For merchants, PayPal offers end-to-end payment solutions, including authorization, settlement, instant fund access, and payout capabilities, alongside tools for customer engagement, returns management, and risk mitigation. The company also supports cross-border trade by enabling consumers to shop globally and merchants to expand their reach, reducing complexity and friction.

PayPal's operations are guided by core values of Inclusion, Innovation, Collaboration, and Wellness, fostering a unified global team focused on customer needs and employee well-being.

Job Summary

PayPal is seeking a Product Manager for its enterprise open banking product team. This role involves collaborating with internal product and business teams to leverage open banking across various use cases and working with engineering teams to define requirements and understand technical architecture for advancing the enterprise platform and delivering scalable solutions. This is an individual contributor position.

Job Description

The Product Manager will be responsible for using data to inform product and platform requirements aligned with the product vision. This includes gathering customer insights and needs to shape product requirements, analyzing market research and usability studies to support data-driven decisions, and monitoring product profitability metrics, including budget. The role requires leading sprint planning, daily standups, and retrospectives to drive execution, and interfacing with product and technology leadership. Collaboration with content developers, data scientists, product designers, and user experience researchers to identify new opportunities is also a key aspect.

Additional Responsibilities

Key responsibilities include contributing to the strategy and roadmap for open banking at PayPal, driving the execution of roadmap initiatives, and becoming a subject matter expert in technical, business, and user-centric aspects. The Product Manager will work closely with open banking use case teams to understand their needs, identify how open banking can deliver value, articulate benefits, and ensure use case requirements inform platform roadmaps. A strong technical understanding of assigned initiatives is crucial, enabling the Product Manager to ensure technical execution meets product requirements, communicate technical details to diverse audiences, and understand resulting architecture to inform future work. Creating comprehensive documentation for each initiative, detailing the rationale, anticipated benefits, success metrics, technical summaries, and key stakeholders, is also required. Strong verbal and written communication skills are essential for providing both high-level summaries and detailed explanations.

Additional Information

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any request for passwords, OTPs, or verification codes is a scam. All official communication will come from PayPal email domains. For recruitment fraud information, visit https://careers.pypl.com/contact-us.

The company operates a balanced hybrid work model, with 3 days in the office for collaboration and 2 days at the employee's choice of office or home workspace.

Our Benefits

PayPal offers comprehensive, choice-based programs to support employees' physical, emotional, and financial well-being. These include generous paid time off, healthcare coverage, and resources for financial security and mental health, fostering a flexible and balanced work culture.

Commitment to Diversity and Inclusion

PayPal is an equal opportunity employer, committed to diversity and inclusion. They provide reasonable accommodations for qualified individuals with disabilities. For assistance with applications due to assistive technology or disability, contact paypalglobaltalentacquisition@paypal.com.

Belonging at PayPal means creating a workplace where all employees feel accepted, secure, included, and valued. The company strives to cultivate inclusivity and belonging through tangible actions, reflecting its diverse workforce.