Director of Product, Payments

Nextdeavor

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profile Job Location:

Chicago, IL - USA

profile Yearly Salary: USD 160000 - 200000
Posted on: 21 hours ago
Vacancies: 1 Vacancy

Job Summary

Director of Product Payments
Full Time Role
Chicago IL or Remote (US)

Heres how youll become a key player with this opportunity:

As the Director of Product Payments youll own the entire payments strategy that powers how money moves across the business. Youll lead vision roadmap and execution for everything from platform integrations to funds flow reconciliation and payment optimization. Your leadership will ensure transactions are reliable transparent secure and cost-efficient enabling restaurants and partners to operate with confidence and clarity.

This role is ideal for a payments leader who thrives at the intersection of product compliance risk and financial infrastructure. Youll shape a high-integrity payments platform that scales with customer demand and drives measurable improvements in authorization transparency and unit economics.

Heres how youll make an impact on the team:

  • Drive collaboration with payment platforms and deliver scalable reliable integrations that support restaurant POS needs.
  • Define payout and settlement standards improving transparency for merchants and internal stakeholders.
  • Build reconciliation capabilities that ensure accurate financial closes and audit readiness.
  • Establish a risk and compliance framework aligned with PCI EMV and industry standards to reduce exposure and maintain audit-ready posture.
  • Develop a high-integrity funds flow and ledger platform that supports balances splits fees and reporting.
  • Improve authorization rates and reduce blended payment costs through routing policy design and optimization strategies.

Heres what youll need to be successful in this role:

  • 6 years in payments fintech or retail product with at least 3 years leading product managers.
  • Strong understanding of acquiring gateways clearing settlement and card network rules.
  • Familiarity with PCI and EMV security standards.
  • Ability to define and deliver product vision strategy and market analysis.
  • Experience integrating with major payment platforms (Stripe Adyen etc.) is a plus.
  • Strong data-driven execution skills and cross-functional leadership.
  • Ability to communicate complex concepts to both technical teams and executives.
  • Fluent in English; Mandarin is a plus.

Pay Range:

$160000 - $200000 annually

Benefits That Matter to You:

  • Medical Dental Vision
  • 401(k)
  • 100% Employer-Paid:
  • Short-Term Disability
  • Life Insurance (with optional additional coverage)
  • AD&D Insurance (with optional additional coverage)
  • Company Holidays Your Birthday Off
  • Paid Parental Leave
  • Flexible PTO
  • Employee Assistance Program (EAP)

Ready to take the next step Apply today and be part of a team that transforms businesses and fuels growth! Apply today!


Required Experience:

Director

Director of Product PaymentsFull Time RoleChicago IL or Remote (US)Heres how youll become a key player with this opportunity:As the Director of Product Payments youll own the entire payments strategy that powers how money moves across the business. Youll lead vision roadmap and execution for everyth...
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  • Writing Skills

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Hire trusted candidates who BELONG STAY ADVANCE NextDeavor is a recruiting agency helping companies make more strategic hiring decisions. FIND YOUR NEXT GREAT HIRE Using AI technology to make the recruiting process more human AI speeds up, refines, and expands our initial search. This ... View more

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