Sr. Product Manager Merchant Acquiring / Embedded Finance Domain

Location: Berkeley Heights, NJ/ Sunnyvale, CA

Duartion: Long term contract

Experience: 10 years (Banking / Financial Services ) is mandate

Candidates who can work independently are more preferred.

Job Summary:

We are seeking a highly analytical and detail-oriented Sr. Product Manager with strong experience in the Merchant Acquiring or Embedded Finance Domain. The ideal candidate will act as a bridge between business stakeholders and engineering teams - driving clarity through detailed product documentation, transaction and funding flow design, and precise technical collaboration.

Key Responsibilities:

• Requirements Gathering & Documentation
  • Create comprehensive Product Requirement Documents (PRDs) and detailed functional specifications.
  • Document product flows, transaction lifecycles, and funding processes for digital banking or payments systems.
  • Maintain up-to-date user stories, acceptance criteria, and business rules in collaboration with product managers.
• Technical Collaboration & Delivery Support
  • Act as a senior business analyst and primary liaison between product, engineering, and QA teams.
  • Partner with technical leads to translate business requirements into technical design specifications.
  • Work with API teams, UI/UX designers, and data analyststo ensure alignment with product goals.
• Process & Flow Design
  • Develop detailed process maps, data flow diagrams, and system interaction flows using tools like Visio, Lucidchart, or Miro.
  • Ensure accuracy of transaction journeys - from initiation to settlement - including all funding and reconciliation steps.
• Product & Release Management
  • Participate in backlog grooming, sprint planning, and UAT coordination.
  • Review QA test cases and validate outcomes against business requirements.
  • Track delivery milestones and ensure high-quality, on-time release execution.

Core Skills & Competencies:

• Strong expertise in writing requirements, business process mapping, and transaction flow documentation.
• Proven experience working with engineering and product teamsin an Agile environment.
• Hands-on with JIRA, Confluence, Lucidchart, MS Visio, or similar tools.
• Excellent communication and stakeholder management skills - both business and technical.
• Analytical mindset with attention to detail, structure, and accuracy.

Preferred Experience:

• 10 years of relevant experience as a Product Manager in Merchant Acquiring or Embedded Finance Domain
• Familiarity with Merchant pay-ins and Payouts, Instructional funding, and embedded finance
• Exposure to APIs, microservices, and modern digital banking platforms is highly desirable.

Education:

• Bachelor's degree in Business Administration, Information Systems, Computer Science, or related field.
• Certification in Agile / Scrum or Business Analysis (e.g., CBAP) is a plus.