Product Management- Payments, Director

Element Fleet ManagementToronto, ON
CA$133,400 - CA$183,400Onsite

About The Position

We’re looking for a Director, Product Management – Payments to join our team. In this role, you will define, execute, and continuously evolve Element’s payments product strategy and platform capabilities to deliver sustainable growth, profitability, client value, and operational excellence. You will serve as a strategic leader across Product, Technology, Operations, Finance, Risk, Audit, and Compliance to ensure payment solutions are scalable, commercially viable, regulatory compliant, and aligned to enterprise objectives. You will also monitor and optimize product portfolio performance while driving product innovation, platform modernization, governance, and business performance.

Requirements

  • Bachelor's degree in Business Administration, Finance, Information Technology, Engineering, Commerce, or a related field.
  • 7–10 years of progressive product management experience within payments, fintech, financial services, or related regulated industries.
  • Demonstrated experience developing, launching, and scaling complex products and platforms in regulated environments.
  • Experience leading cross-functional initiatives involving technology, operations, risk, compliance, and commercial stakeholders.
  • Experience developing business cases, strategic roadmaps, and product investment recommendations.
  • Strong understanding of payments ecosystems, including issuing, acquiring, embedded finance, digital payments, or related payment technologies.

Nice To Haves

  • MBA or other advanced business degree.
  • Experience supporting P&L management, commercial performance initiatives, or product portfolio optimization.
  • Experience working with external financial institutions, payment networks, fintech partners, or strategic vendors.
  • Experience leading digital transformation or platform modernization initiatives.

Responsibilities

  • Define and execute the long-term vision, strategy, and roadmap for Element’s payments platform and product portfolio.
  • Lead portfolio prioritization and investment recommendations, balancing customer needs, commercial opportunities, operational readiness, regulatory requirements, and enterprise objectives.
  • Own the end-to-end product enhancement lifecycle, including discovery, requirements definition, prioritization, delivery, adoption, and performance measurement.
  • Establish and maintain a multi-year product roadmap that balances innovation, operational efficiency, client experience improvements, compliance obligations, and technical modernization.
  • Drive enhancement initiatives that improve payment capabilities, automation, scalability, operational effectiveness, and customer outcomes.
  • Support achievement of Payments business financial objectives through product portfolio management, revenue growth initiatives, cost optimization opportunities, and operational efficiencies.
  • Ensure products and enhancements align with applicable regulatory, audit, risk management, governance, and compliance requirements.
  • Serve as a strategic advisor to senior leadership on product strategy, roadmap priorities, market opportunities, business performance, and emerging risks.
  • Build strong partnerships across Product, Technology, Finance, Operations, Risk, Compliance, Sales, Marketing, and external partners to drive alignment and execution.
  • Present product strategies, business cases, roadmap progress, and performance outcomes to executive stakeholders and governance forums.

Benefits

  • Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness (for qualified roles)
  • Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays) (for qualified roles)
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