Product Manager, Billing & Settlement

Xplor Pay is seeking a highly analytical, enthusiastic, and execution-focused Product Manager to oversee billing and settlement platform, Horizon. You will lead the vision, strategy and delivery end-to-end for this mission-critical system including:Card and debit network interchange managementDues & assessments calculation and trackingCustomer pricing configurationsAssociation reconciliationMerchant billing & statement generationYou will operate at the intersection of product, finance, risk, compliance, and engineering—ensuring accuracy, scalability, regulatory alignment, stability, and commercial optimization across our US payments ecosystem. You will directly shape the financial backbone of Xplor Pay’s payment ecosystem.Product Strategy & OwnershipDefine and execute the product roadmap for Xplor Pay’s billing and settlement platform, Horizon.Drive long-term strategy around interchange and billing optimization, pricing transparency, and margin integrity.Ensure the platform scales across verticals and supports evolving card network requirements.Network & Pricing ExpertiseTranslate card network interchange programs, dues, and assessments into scalable system logic.Own pricing model configuration (cost-plus, flat rate, tiered, blended, etc.).Design tools to support margin monitoring, revenue leakage prevention, and profitability analytics.Reconciliation & Financial IntegrityLead association reconciliation capabilities across credit card and debit networks.Ensure accurate mapping between network clearing files, processor data, and merchant billing.Partner with Accounting & Finance to improve accuracy, audit readiness, and reporting transparency.Billing & StatementsOversee billing calculations, fee attribution logic, and merchant statement presentation.Improve clarity, compliance alignment, and data consistency across statements.Drive automation to increase month-end close efficiencies and reduce manual intervention and operational risk.Cross-Functional LeadershipCollaborate with Engineering, Accounting, Finance, Risk, Compliance, and Operations.Gather requirements from internal stakeholders and translate into prioritized backlog.Manage sprint planning, product documentation, and feature release cycles.Serve as subject matter expert for interchange, network economics, and settlement flows.Essential duties include but are not limited to:Supporting major company-wide key initiatives to add new system capabilities.Coordinate on-time delivery of roadmap items with other interdependent departments.Evaluate business processes, performing requirements analysis and documenting requirements.Aligning with business stakeholders on requirements to ensure business needs are being met.Serve as liaison between business stakeholders and scrum teams to prioritize requirements.Provide support and assistance for troubleshooting issues and production support.Monitor deliverables to ensure timely completion.Experience & Skills5+ years of Product Management experience in payments, fintech, or merchant acquiring.Deep understanding of:Card network interchange structuresDues & assessmentsSettlement & funding flowsMerchant billing and statementsAssociation reconciliation processesExperience working with processors, sponsor banks, or network file formats (e.g., clearing, settlement, chargebacks) preferred.Exposure to debit routing, cost optimization strategies, or margin analytics.Familiarity with compliance obligations related to network rules.Strong financial and analytical acumen.Ability to interpret complex network pricing updates and convert into product requirements.Experience with pricing engines, fee configuration tools, or ledger-based platforms preferred.Excellent stakeholder communication skills and data-driven decision-making mindset.Accountable, dependable, responsive, and self-motivated.The average base salary pay range for this position is $120,000 to $130,000.In this role, you may work remotely as long as you are located within the lower 48 states of the US.Values and Life at XplorOur four core values that guide us from how we hire and recognize our team members to how we interact with our customers day to day:Make life simpleBuild for peopleMove with purposeCreate lasting communities. If these values sound like you, and describe people you want to work with, you will thrive at Xplor.As an Xplorer, you will be part of a global network of talented colleagues who will support your success. We look for commonalities and shared passions and give people the tools they need to deliver great work and grow at speed.Some of our perks and benefits are: Gender Neutral Paid Parental Leave #GiveBackDays/Commitment to social impact – 3 extra days off to volunteer and give back to your local communityOngoing dedication to Diversity & Inclusion initiatives such as D&I Council, Global Mentorship ProgramAccess to free mental health supportFlexible working arrangementsReady to apply?To start your application, please submit your resume and w