Principal Product Manager, Payments

Job Description:

Remitly’s vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

As a Principal Product Manager, you will lead Remitly's effort to define, validate, and scale product experience for the freelancer communities making the cross border payment experience easy and intuitive for Freelancers. The product will allow freelancers to receive earnings from International customers —but the ambition is much bigger. You will help define a new line of business at Remitly, with lasting global potential. You will report to the VP of Product Management. The role will be hybrid with 2-3 days of work from our Seattle office to foster team collaboration.

We're looking for someone who can:

• Create full stack of decisions—customer insight, product definition, business modeling, and regulatory fit.
• Treat this product like a franchise—creating our strategy, shaping its positioning, influencing its economics, and paving the way for its growth.
• Operate with autonomy, defining the what and the why, and aligning the how across partners.

You Will:

• Define and prioritize product roadmap for business payments, aligning with company strategy and goals
• Develop understanding of the payments market, including trends, competitors, and customer need
• Collaborate with teams, including engineering, design, and operations, to deliver high-quality products
• Manage the product backlog, ensuring it is up-to-date and reflect our priorities
• Develop and track important performance metrics to measure product success and inform data-driven decisions

You Have:

• 12+ years of B2C or B2B product management experience building impactful consumer products, including programs that drove high retention.
• A 0→1 product development track record, taking products from initial concept through to launch and scaling.
• Expertise in cross-border payments and international money movement, with hands-on experience in global payment networks or remittance systems and an understanding of multi-country payment flows .
• You have knowledge of regulatory and compliance requirements (e.g. KYC, AML, licensing) for cross-border financial products, and have aligned product features with global compliance standards.
• You would have demonstrated knowledge of business model design, having defined pricing, fees, or monetization strategies for payment products and owned product P&L or unit economics to achieve profitable growth.
• End-to-end product ownership skills, from conducting customer discovery and market research to leading go-to-market execution, working to deliver and improve on a product that meets customer needs and team goals

Compensation Details. The starting base salary range for this position is typically $172,800 - $216,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role. #LI-Hybrid

Our Benefits:

• Flexible paid time off
• Health, dental, and vision + 401k plan with company matching
• Paid parental, medical, military and family care leave
• Mental Health & Family Forming Benefits
• Employee Stock Purchase Plan (ESPP)
• Continuing education and travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman’s potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an E-Verify Employer

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.