Financial Product Manager

Financial Product Manager at Snaplii

We are looking for a Financial Product Manager who truly understands how money is stored, moved, and spent—and can translate that understanding into a compliant, scalable product system. In this role, you will own Snaplii’s next-generation wallet/balance products (Wallet 2.0) and core payments architecture across Canada and the United States. You will design the end-to-end user money flow—from funding to spending to retention—while optimizing payment costs and enabling future cross-border and stablecoin payment capabilities.

What You’ll Own (Key Responsibilities)

1) Wallet / Balance Product Design (Canada & US)

You will lead the product design and execution of Snaplii’s wallet-like balance product (similar to a high-yield wallet / stored value account), including:

• End-to-end user flows: top-up, spend, hold, transfer, withdrawal constraints
• Reward/interest/earnings experience: calculation rules, display logic, user transparency
• Clear product boundaries under Canadian & US regulatory framework
• Role definitions across stakeholders: Snaplii vs custodian/trust/issuer/payment partners
• Designing money movement logic that increases retention, improves success rate, and supports future expansion

2) Compliance-by-Design Product Development

Partner closely with Legal, Compliance, and Banking/Custody providers to translate regulatory requirements into executable product logic, including:

• KYC/KYB and identity requirements
• Funds segregation / safeguarding principles
• Account type / balance restrictions and transaction limitations
• Monitoring, exceptions, and user-facing constraints designed for compliance-first scale

3) North America Payments Architecture

Build deep product-level understanding and participate in designing these payment rails and their user-facing integration:

• Pay-by-Bank / A2A / Real-time payments
• Card payments (Visa / Mastercard) including concepts such as 3DS, dispute & chargeback, liability shift, MCC, authorization behavior, and settlement constraints

4) Payment Cost Optimization & Unit Economics

Work with Risk and Finance to optimize payment cost structure and protect margins:

• Improve blended payment costs and steer users toward lower-cost payment paths
• Reduce chargeback exposure through risk-aware product design
• Design incentives and UX mechanisms that balance conversion, cost, and experience
• Build frameworks and decision models to align product growth with sustainable unit economics

5) (Bonus) Cross-border & Future Payments Enablement

Support Snaplii’s longer-term strategy around cross-border and stablecoin-powered payments:

• Understand how USDC/USDT can enable real-world consumer spending in North America
• Explore Snaplii’s potential role as the “last-mile consumer spending layer”

You don’t need to be a crypto trader. But we do expect a practical understanding of where stablecoins create real value in payment flows.

What We’re Looking For

Must-Have

• 5+ years of experience in fintech product, payments, or wallet/stored value products
• Hands-on experience building or operating wallet/payment products in Canada and/or the US
• Deep understanding of at least 2 of the following domains: Wallet / stored value / balance products; Bank-to-bank payments (A2A, RTP, EFT, ACH); Card payment networks (Visa/Mastercard) including disputes, risk, chargebacks
• Strong capability to work with and influence cross-functional partners: Legal, Compliance, Banking/Custody, PSPs
• Ability to simplify complex financial/regulatory requirements into clear product specs and scalable systems

Nice-to-Have

• Experience partnering with custodian banks, trust accounts, issuers, PSPs
• Familiarity with MSB / PSP registration-related product design
• Proven track record launching compliant wallet/balance products from pilot to scale
• Practical understanding of cross-border payments / stablecoin rails / PayFi
• Experience building products 0→1 or scaling from compliance-constrained MVP to mass adoption

Compensation

• Base salary: up to $180K
• Performance bonus: 20–25% of base
• Equity: $50K/year in RSUs or options
• Base location: San Jose, US (remote)
• Travel: Monthly travel to Toronto during the first three months

About Snaplii

Snaplii is one of Canada’s fastest-growing fintech platforms, transforming how people pay, save, and earn rewards. With over $100M in annual transaction volume and 200,000+ users across North America, we deliver unmatched utility and loyalty through a single seamless app. We’ve ranked as high as #5 on the Apple App Store during peak shopping seasons, and consistently remain in the Top 40, driven by a highly engaged, high-retention user base. Snaplii supports 500+ leading brands including Walmart, Amazon, and Esso, with a platform fully built and maintained in-house—engineered to scale and support a growing suite of financial products.

Why Join Us

• High-Growth Environment – Be part of a fintech reshaping everyday spending in North America.
• Impactful Work – Your strategies directly drive acquisition and growth.
• Collaborative Team – Work with a founding team with 10+ years in payments and fintech.
• Career Growth – Take ownership, lead initiatives, and grow alongside Snaplii.
• Global Vision – Help build the next-generation digital wallet with global reach.

Key skills/competency

• Financial Product Management
• Payment Systems
• Digital Wallet Development
• Regulatory Compliance
• Fintech Innovation
• KYC/KYB Implementation
• Card Payment Networks
• A2A Payments
• Stablecoin Integration
• Unit Economics Optimization