Product Owner, Payments

Posted:
1/13/2025, 4:50:52 AM

Location(s):
London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Product

Workplace Type:
Hybrid

  • Are you curious, excited by experimentation and always looking for a better way of doing things?   
  • Do you want to keep learning and developing whilst getting hands-on experience working in the embedded payments space?  
  • Do you want to have the opportunity to thrive in a critical Product Management role and directly impact a high-growth business?  

If so, we would love to hear from you! 

We are a leading embedded payments provider in the UK and Europe and are looking to hire ambitious and value-adding talent. Product Owners play a critical role at Modulr, with the opportunity to lead a number of exciting initiatives in a high-growth environment as we build and run our payments infrastructure products.  

About Us  

At Modulr, our vision is a world where all businesses are powered by embedded payments. 

Modulr enables thousands of businesses, from SMEs to Enterprises, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products.  

We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth.  

We are deeply integrated into the payments ecosystem. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA and SWIFT. We are principal issuing members of Visa and Mastercard across the UK and Europe.  

Our regulatory permissions and governance structure underpin our business. We are regulated as an Electronic Money Institution (EMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.  

Our founding team has a wealth of experience in the payments industry and growing successful businesses. Modulr is backed by the venture arms of payments giants PayPal and FIS, as well as growth investors Blenheim Chalcot, General Atlantic, Frog Capital and Highland Europe. 

Modulr now has over 400 employees globally across offices in London, Edinburgh, Amsterdam and Mumbai. 

Modulr values 

  • Build the extraordinary and go that extra mile. 
  • Own the opportunity: be passionate and proud of the time you invest. 
  • Move at pace: reach your goals faster with us supporting you each step of the way. 
  • Achieve it together: work as a team, collaborating with other Modulites. 

The Role  

The Product team is a core part of Modulr and works cross-functionally with all teams across the business. This role will be part of our Payments Infrastructure Product team.   

Key responsibilities 

  • Be an intrinsic member of assigned agile squads, representing product and driving the timely execution of your roadmap whilst managing product incidents, support requests and engineering initiatives:  
  • Work with both internal and external stakeholders to elicit comprehensive business requirements and execute technical designs and specifications that address these requirements.  
  • Define high-quality epic and user story definitions with clear acceptance criteria.  
  • Ensure scalable ways of working with our engineering function to prioritise requirements and deliver at pace each sprint.  
  • Ensure end-to-end delivery of products, working cross-functionally to understand and manage all implications on teams across the business ahead of go-live.  
  • Ensure internal documentation and functional product collateral is created and maintained.  
  • Develop a deep understanding of payment scheme rules, becoming a SME for your product(s).  
  • Develop an understanding of the value proposition of the products you manage, their positioning in each of our target markets and how they solve our customers’ problems.  
  • Effectively use data to inform prioritisation and drive decision-making.  
  • Develop a clear understanding of the costs of your products and input into pricing strategies.  
  • Actively manage key supplier relationships for your products.  
  • Establish the performance and scalability of your products against KPIs, including ensuring issues are triaged and resolved in a timely manner and responding to changes in market and client demands.  
  • Work closely with the wider product and marketing team to ensure we successfully package products to solve problems for our customers.  

About you 

You will have a stellar track record of delivering outcomes in a fast-paced technology business where complexity and ambiguity is the norm.  

  • Deep expertise in business analysis and /or technical product development. 
  • Experience building payments products is a key requirement, with a preference for direct experience with payment schemes / gateways.  
  • Exceptional attention to detail and analytical skills, with commercial acumen to harness data-driven insights to inform prioritisation and decision-making.  
  • Experience driving forward cross-functional change, pro-actively taking initiative.  
  • Outstanding communication and stakeholder management skills, with experience liaising with external stakeholders.  
  • A strong work ethic, entrepreneurial mindset, and willingness to roll-up sleeves, focusing on solutions and outcomes rather than problems and process.  

What can Modulr offer you 

You’ll be part of a cross disciplinary team(s), with co-workers located in London, Edinburgh, Amsterdam and/or Mumbai. We are friendly and sociable, challenging but rewarding. We want you to push yourself and for us to support you in your future as we scale. Our culture and values put you first and are about investing in your future.  

  • Share Options Incentive Scheme 
  • Company Bonus - the more successful we are together, the more company bonus we offer. 
  • Benefits pot - £1000 towards a variety of benefits for you to choose (including healthcare, dental etc), Perkbox (freebies and discounts!), plus access to season ticket loans. 
  • 33 days holiday (including bank holidays) + your birthday off - choose which days you take off to relax and/or spend time with loved ones. 
  • Learning Opportunities – on joining Modulr you will embark on our onboarding programme, called ModStart, to be equipped with the Modulr know-how and arm you with the tools you need to be successful from day 1! But, we don’t want your learning to stop there so we will continue to provide you with the tools and capabilities through our learning channels, platforms and buddy allocation to allow you to grow and develop in Modulr.  
  • Modulr All hands - join your colleagues for our company-wide events throughout the year. 
  • Great workspace - Modulr thrives on innovation which is best done through in-person collaboration. This approach enables us to work together closely, exchange ideas, and create innovative solutions that drive our success. We ask our team members to be based in the office 4 or more days a week. We have state-of-the-art offices located in all four locations – London, Edinburgh, Amsterdam and Mumbai.  
  • Bike to work scheme  

ModInclusion  

We believe that by seeing Modulr, and the world, from all sorts of angles, we can make life better for all.​ We want you to know that the things that make you, you — like your identity, age, ability, and background — are things that we will always celebrate and support with open arms. As such, we are keen to maximise the diversity of our workforce and actively encourage applications from anyone and everyone. 

 

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