Product Director (Payment)

Greetings From Photon,

We hope you are good! We are hiring Product Director to join our Digital Engineering team.

Who are we?

For the past 20 years, we have powered many Digital Experiences for the Fortune 500. Since 1999, we have grown from a few people to more than 4000 team members across the globe that are engaged in various Digital Modernization.

Product Director | Berkeley Heights, NJ | Fulltime

Job Summary:

We are seeking a Product Director to lead strategy and execution for our PayFac and Platforms offerings, with a focus on payment flows, instruction-based funding, and segment expansion. This role will drive core payment infrastructure, funds orchestration, and monetization models that enable platforms and merchants to scale efficiently within a compliant PayFac framework.

What will you do?

• Define and execute product strategy for PayFac and platform payment capabilities, with emphasis on payment orchestration, settlement flows, and funding models
• Own end-to-end payment flows including authorization, capture, settlement, funding, reconciliation, and exception handling
• Design and scale instruction-based funding capabilities (e.g., merchant-of-record funding, split settlements, programmable payouts, event-driven funding triggers)
• Lead architecture and productization of funds flow models, including FBO structures, balance management, prefunding, and liquidity optimization
• Drive expansion into new merchant segments and platform verticals by tailoring payment capabilities, pricing models, and risk constructs
• Develop flexible commercial constructs (wholesale, rev share, managed PayFac) aligned to segment needs and partner maturity
• Partner with risk, compliance, and finance teams to ensure scalable governance of funding flows, exposure limits, and loss controls
• Collaborate with engineering to build resilient, API-driven services for payment orchestration and funding instruction management
• Support large platform deals with clear articulation of payment flows, economics, and operating model differentiation
• Benchmark and evolve capabilities against leading PayFac/platform providers with focus on payment performance, funding flexibility, and monetization

What are we looking for?

• 8+ years in product management with deep experience in payments, PayFac, or platform ecosystems
• Proven experience owning payment flows (auth settlement funding) and designing scalable funds flow architectures
• Strong understanding of instruction-based funding models, including split payments, staged funding, and programmable disbursements
• Experience expanding payment products into new segments (SMB, enterprise, vertical SaaS, marketplaces) with differentiated value propositions
• Familiarity with PayFac operating models, sponsor bank relationships, and associated compliance frameworks
• Experience building API-first, modular payment services
• Experience designing multi-party payment flows (platforms, sub-merchants, third-party payouts)
• Background in pricing strategy and unit economics for payment platforms