Full-Time

Lead Product Manager

Updated on 11/27/2024

Thredd

Thredd

201-500 employees

Payment processing solutions with advanced APIs

Fintech
Financial Services

Senior

London, UK

Category
Product Management
Product Strategy
Product
Required Skills
Product Management
Requirements
  • Experience working in a Senior or Lead Product role
  • Prior experience working for a card network (Visa, Mastercard or AMEX) or a payment processor
  • Extensive experience in card network transaction processing, including experience with transaction certification and network integration projects.
  • Direct experience leading or working on transaction certification projects with card networks such as Visa, Mastercard, Amex, Discover, or similar.
  • In-depth understanding of payment processing, card network flows, clearing, and settlement processes.
  • Familiarity with tokenisation, fraud prevention and advanced security measures in payment processing - Desirable
  • Understanding of alternative payment methods and real-time payments - Desirable
  • Strong project management skills with the ability to manage multiple projects simultaneously, driving timelines and ensuring high-quality deliverables.
  • Experience collaborating with multiple stakeholders, including technical and non-technical teams, card networks, and third-party vendors.
  • Strong analytical and problem-solving skills with the ability to troubleshoot technical and operational issues related to transaction processing.
  • Excellent verbal and written communication skills to effectively articulate technical details to non-technical stakeholders.
  • Familiarity with compliance and regulatory requirements in the payments space (PCI DSS, EMV, 3D Secure, etc.)
Responsibilities
  • Owning the end-to-end prioritisation and delivery of all core product service initiatives.
  • Utilising deep technical expertise in card network transaction processing (e.g., Visa, Mastercard, Amex, etc.) to manage certification projects and network service integrations.
  • Leading network certification projects with various card networks, ensuring all transaction flows, clearing, settlement, and dispute processes meet network standards.
  • Leading new market entry projects for global payment processing platforms.
  • Working closely with internal teams, including engineering, operations, compliance, and external card networks, to define requirements, prioritize features, and ensure seamless integration and certification.
  • Defining and maintaining a detailed product roadmap for all core services, prioritizing features based on business impact, customer feedback, and technical feasibility.
  • Ensuring all payment solutions comply with card network rules, industry regulations (PCI DSS, 3D Secure, EMV, etc.), and internal risk management policies.
  • Developing detailed product requirements, technical specifications, and user stories for the engineering teams, ensuring clarity in functional and technical requirements.
  • Tracking product performance, identify pain points, and work with technical teams to continuously improve system reliability and efficiency.
  • Engaging with customers to understand their needs, gather feedback, and ensure the product delivers superior value to them.
  • Providing guidance and support to teams responsible for customer onboarding, technical integrations, and ongoing support.

Thredd specializes in payment processing solutions, providing APIs and technical documentation for businesses to integrate payment functionalities. Their focus is on issuer processing, which involves managing backend operations for payment cards, including transaction authorization and security. Thredd caters to a variety of clients, from startups to established companies, in the fintech market. The company offers customizable and scalable solutions, allowing clients to efficiently handle payment processing while they concentrate on their core operations. Revenue is generated through service fees and transaction-based charges, ensuring a steady income while promoting high transaction volumes. Thredd aims to streamline payment operations and enhance transaction speeds for its clients.

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of Matt Swann as Non-Executive Director brings extensive experience in product and technology transformation, potentially accelerating Thredd's market expansion.
  • Thredd's collaboration with TerraPay to develop next-gen travel payment solutions showcases its innovative approach and potential for growth in niche markets.
  • The company's scalable and customizable solutions make it an attractive partner for a wide range of clients, from startups to established industry leaders.

What critics are saying

  • The fintech sector's rapid growth and regulatory scrutiny could pose challenges for Thredd, especially in maintaining compliance and managing operational risks.
  • The competitive landscape in payment processing is fierce, with numerous established players potentially eroding Thredd's market share.

What makes Thredd unique

  • Thredd's focus on issuer processing and providing advanced APIs for seamless integration sets it apart from competitors who may offer more generalized payment solutions.
  • The company's dual revenue model of service fees and transaction-based charges ensures a steady income stream while promoting high transaction volumes.
  • Thredd's commitment to robust technical documentation and support helps clients integrate payment functionalities quickly and efficiently, a significant advantage in the fast-paced fintech sector.

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