Full-Time

Principal Product Manager

Payments

Confirmed live in the last 24 hours

Remitly

Remitly

1,001-5,000 employees

Facilitates international money transfers for immigrants

Compensation Overview

$172.8k - $216k/yr

+ Equity

Expert

Seattle, WA, USA

Hybrid role with 2-3 days in the Seattle office.

Category
Product Management
Product
Required Skills
Market Research
Product Management
Requirements
  • 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.
  • 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.
  • 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.
Responsibilities
  • 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.

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers. It also engages with immigrant communities by providing helpful resources and supports educational initiatives, setting itself apart by catering specifically to the needs of immigrants.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Seattle, Washington

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Monoova's PayTo boosts speed and affordability in Australia.
  • New Vancouver office signals growth and innovation in the Canadian market.
  • Partnership with Major League Cricket enhances brand visibility in cricket-loving regions.

What critics are saying

  • 3.5% U.S. remittance tax could impact Remitly's pricing strategy and competitiveness.
  • Traditional banks enhancing cross-border services pose a competitive threat to Remitly.
  • Vancouver expansion may increase costs if Canadian market growth is slower than expected.

What makes Remitly unique

  • Remitly focuses on immigrants, offering tailored services for cross-border money transfers.
  • The company leverages technology for real-time tracking and transparent transactions.
  • Remitly provides educational content and scholarships, enhancing its social responsibility image.

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Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
PYMNTS
Jun 3rd, 2025
Remittance Tax Critics Warn Of Unintended Consequences

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have a significant impact on the remittance industry — and perhaps some unintended consequences. As it stands now, the Act includes a tax of 3.5% on remittances that would be sent [] The post Remittance Tax Critics Warn of Unintended Consequences appeared first on PYMNTS.com.

PYMNTS
May 28th, 2025
Remitly Ceo Says Digital Driving Remittances To New Heights Amid Economic Uncertainty

Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look. But there are some constants amid the turmoil. Remittances are consistent, as workers around the world send money home to friends and family, to help cover living expenses, medical needs [] The post Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty appeared first on PYMNTS.com.

Investor's Business Daily
May 19th, 2025
Money Transfer Name Remitly Global Awaits Next Move In A Base

Money transfer specialist Remitly Global (RELY) is Monday's pick for IBD 50 Growth Stocks To Watch as the fintech name builds a handle in a base.

Australian FinTech
Apr 16th, 2025
Monoova'S Payto System Powers Faster, More Affordable International Money Transfers For Remitly Customers In Australia

Monoova, a leading provider of B2B payments solutions, has partnered with digital financial services provider Remitly Global to enable faster and more affordable international money transfers from Australia through PayTo – Australia’s new real-time payment system.Through Monoova’s cutting-edge PayTo integration, combined with Remitly’s strong and expansive distribution network, Remitly customers in Australia can send funds to the Philippines, India, Pakistan, and Nepal typically within minutes – and in some cases, nearly instantly.Australia’s personal outbound remittance market was valued at AUD $15.2 billion in 2023, according to the World Bank. In 2024, Research and Markets projected remittances to grow to AUD $28.9 billion by 2028. Globally, the personal remittance market is expected to reach USD $1,329.9 billion by 2032 according to Allied Market Research.Remittance payments play a vital role in recipient economies – driving local consumption, supporting savings, strengthening financial systems, and enabling access to microfinance for individuals and small businesses. Beyond the economic impact, these funds help build stronger communities by supporting education, healthcare, housing, and other essential services.Kym Whitford, Head of Asia Pacific at Remitly, said, “At Remitly, we’re committed to transforming lives through trusted cross-border financial services. Integrating Monoova’s real-time PayTo system enhances the way our customers in Australia send money, providing a great option for fast, reliable, and affordable transfers. This is another exciting step forward in keeping them connected, no matter the distance.”Christian Westerlind Wigstrom, Co-Founder and CEO of Monoova, said, “We are observing increased demand for instant and reliable payments options across a rapidly growing range of use cases, including international funds transfers

PYMNTS
Mar 26th, 2025
Three Macro Trends In Genai For Financial Services

Generative artificial intelligence (GenAI) and agentic models are revolutionizing financial services, transforming user experience, fraud detection, payments innovation and compliance processes, according to John Kain, head of financial services market development at Amazon Web Services (AWS). “AI has been such an integral part of how the industry has modernized over the last decade. It really is in every part of the financial services value chain,” the former JPMorgan executive said in an interview with PYMNTS. “What’s dramatically changed in the last two years is the impact of generative AI on all those processes.”. Kain sees three overarching trends across banking, capital markets, insurance and payments:End-to-end user experience: AI enables seamless onboarding, product recommendations, servicing and back-end processing. It is also powering hyper-personalized experiences, enabling firms to tailor offers, advice and communications in real-time based on user data and behavior