Product Manager, Payments

Varo Bank•Salt Lake City, UT

About The Position

Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us. We believe everyone deserves financial empowerment. At Varo, our Product team is at the heart of this mission, collaborating across departments and using both customer insights and hard data to build products that solve everyday problems. We're just getting started on our growth trajectory - Be a part of transforming banking with us. We are seeking a Product Manager to join our Banking and Payments team to define, lead and deliver key aspects of our payments roadmap. Your objective will be to rapidly grow use of our consumer facing payment products through analysis, research informed product strategies, well written product requirements, and quarterbacking product development through successful launch and operations of new and improved products and features. We’re looking for an individual with the skill to converge customer and business needs through deep understanding of payment rail capabilities and user experience. Our goal is to go beyond the utility needs of payments to delight our customers with money movement that is fast, frictionless, intelligent, and transparent. This role will be responsible for initiatives end to end, from performing customer and market research, to designing the product, to developing and implementing the products, and measuring the results and identifying opportunities to iterate.

Requirements

5+ years of related work experience with 3+ years in Product Management
Minimum of 3 years of experience in payments and or consumer banking fintech
Experience leveraging Claude or comparable LLM product to support your research, accelerate product definition and analysis work, and improve the quality and velocity of contribution
Familiarity with UX paradigms and best practices
A measurement mindset - you know when to launch with holdouts, A/B tests, or multi-armed bandits; you can’t wait to evaluate results and recommend next steps
A bias towards action - you’ll find a way to get the insights you need to help inform your decision making
Ability to distill complex information into clear and succinct strategy documents and actionable PRDs to ‘sell’ your vision
Technical proficiency to collaborate with engineers to develop technical architecture of products you’ll be building

Responsibilities

Define product strategies and business cases in order to appropriately prioritize product opportunities
Create and drive epics and user stories in support of state of the art money movement and deposit capabilities
Establish thought leadership in payments experiences
Manage product performance, focusing on customer needs, driving growth, and controlling costs
Collaborate with cross-functional teams (engineering, data science, design, marketing operations etc.) to build and grow solutions
Develop and present detailed product deliverables to cross functional stakeholders and executives
Stay updated on industry trends and best practices
Remove team obstacles and champion payments initiatives across Varo