Product Manager: Finfra

Thatch • Austin, TX

3d • $160,000 - $210,000

About The Position

Thatch is changing healthcare benefits by helping companies provide employees with healthcare budgets they can use to choose coverage and care, while giving employers predictable costs. The Financial Infrastructure (Finfra) team builds the systems that hold, move, and account for money across Thatch, including employer funding, insurance premiums, member reimbursements, and card transactions.

The Product Manager will shape the financial systems supporting Thatch's growth. The role owns the ledger, money movement, and banking strategy; improves the economics of how money flows through the platform; and builds a foundation for new financial products. It partners closely with Engineering, Finance, and Compliance on complex problems where reliability and accuracy are critical.

Requirements

• At least 5 years of product management experience building payments, banking, or financial infrastructure products.
• Deep understanding of financial systems, including money movement, ledgers, reconciliation, or banking infrastructure.
• Strong technical fluency and experience working closely with engineers on APIs, data models, and system design.
• Experience building in regulated environments where reliability, accuracy, and compliance are critical.
• Strong product judgment and financial instincts, including understanding the business impact of technical decisions and navigating trade-offs.
• Track record of owning complex products end-to-end, bringing clarity to ambiguity, and delivering meaningful results.

Nice To Haves

• Experience building double-entry ledgers, reconciliation systems, or other core financial infrastructure.
• Experience with FBO or omnibus accounts, sponsor banks, or banking-as-a-service platforms.
• Experience launching card issuing, credit, or lending products.
• Experience improving treasury operations, float management, or payment economics.
• Experience navigating complex integrations with banking and financial technology partners.

Responsibilities

• Own the strategy and roadmap for Thatch's financial infrastructure, balancing reliability, unit economics, and new product opportunities.
• Build and evolve a unified ledger that serves as a trusted system of record for reconciliation, reporting, and treasury operations.
• Improve the reliability and scalability of money movement across premium payments, reimbursements, card transactions, and banking integrations.
• Improve the economics of holding and moving funds, including treasury management, yield, and transaction costs.
• Evaluate opportunities in card issuing, credit, and other financial products, and decide whether to build or partner.
• Partner with Engineering, Finance, Operations, Legal, and Compliance to design scalable, auditable systems that meet regulatory requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed