Xplor Verified 8h ago
Product Manager - Direct Debit & Alternate Payments
Pune, MH, India Hybrid
Salary not listedPaySalary not listed
TypeFull-time
Work settingHybrid
Verified listing
JobFig found this opening at its original source and checks that it remains available.
About the role
As Product Manager for Direct Debit & Alternate Payments, you will own the end-to-end product strategy and execution for our UK (Bacs) and EU (SEPA) Direct Debit rails, while simultaneously leading our expansion into Open Banking, account-to-account (A2A), and emerging payment methods across the UK and European markets.
What you'll bring
- 3+ years of product management experience in fintech, payments, or financial services.
- Deep hands-on knowledge of Bacs Direct Debit (UK) — scheme rules, mandate management, AUDDIS/ARUDD processing, indemnity claims.
- Solid understanding of SEPA Direct Debit, payment rails, and EU clearing cycles.
- Demonstrated experience with Open Banking — either as a PM building PIS/AIS products or in a closely adjacent commercial or technical role.
- Fluency in PSD2, PSD3 (in progress), and UK Open Banking regulatory frameworks.
- Track record of shipping B2B or embedded payment products from discovery through to production at scale.
- Excellent written and verbal communication — able to write crisp PRDs, present to executives, and explain complex payment flows to non-technical stakeholders.
- Strong commercial instinct: comfortable with unit economics, pricing models, and revenue forecasting.
- Experience with Variable Recurring Payments (VRP) or Request-to-Pay (RtP) in the UK.
- Exposure to SEPA Instant Credit Transfer (SCT Inst) or SEPA Payment Account Access (SPAA).
- Familiarity with GDPR data handling requirements as they apply to payment data.
- Prior experience in a scale-up or multi-market fintech environment.