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Toast

We empower the restaurant community to delight guests, do what they love, and thrive.

Senior Product Manager, Core Payments

Product ManagerProduct ManagerFull TimeRemoteSeniorTeam 1,001-5,000Since 2013H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

89 days ago

Salary

$132K - $211K / year

Seniority

Senior

Bachelor Degree5 yrs expEnglishDistributed Systems

Job Description

• Design and deliver new payment capabilities such as new authorization types, ML-powered retry logic, intelligent dynamic routing strategies, etc • Define, prioritize, and deliver roadmap initiatives that improve the reliability, accuracy, and efficiency of Toast’s payment processing systems. • Lead execution for infrastructure-focused programs such as, resiliency, system migrations, and failover capabilities • Interpret and apply card scheme rules and processor specifications (e.g., Visa, Mastercard, Amex) to ensure scalable and compliant implementation across the platform. • Partner closely with engineering to modernize Toast’s transaction layer — including state management, asynchronous workflows, API contracts, and observability tooling. • Collaborate closely with finance and operations teams on settlement accuracy, reconciliation, cost modeling, and risk mitigation. • Manage multi-team dependencies with Engineering, Processor Partners, Customer Support, FinOps, and Product Marketing. • Collaborate with processors and partners to scope new integrations, manage certifications, and expand Toast’s global payment capabilities. • Drive execution discipline through clear requirements, acceptance criteria, documentation, and cross-functional communication. • Monitor key performance metrics and partner with engineering to improve system reliability and operational health. • Communicate roadmap updates, project status, and risks to stakeholders with clarity and transparency.

Job Requirements

  • 5+ years of product management experience, focusing on payments, fintech infrastructure, or transaction orchestration.
  • Proven track record shipping complex capabilities in core payment flows — such as incremental auth, refund architecture, fallback handling, and multi-gateway orchestration.
  • Strong technical fluency — you understand and can work from payment specifications, network mandates, and API definitions, and collaborate deeply with engineering on architecture and design.
  • Deep familiarity with card networks, processors, and the end-to-end lifecycle of a transaction, from initiation to final settlement.
  • Experience navigating regional payment differences, acquiring relationships, and compliance requirements across geographies.
  • Skilled at leading platform-level initiatives involving distributed systems, asynchronous workflows, and system resilience.
  • A natural influencer who can align senior engineers, operations leaders, and external partners around a compelling vision and roadmap.
  • Clear and compelling communicator, both written and verbal — able to translate complex systems into crisp narratives for execs, peers, and partners.
  • Data- and outcome-driven, relentlessly focused on real-world impact, system metrics, and customer success.
  • Excited about building globally scalable payment systems and exploring intelligent optimization techniques (ML-based retry, dynamic routing, etc.).
  • A strategic, systems-level thinker who thrives in ambiguity, takes ownership, and drives clarity in complex environments

Benefits

  • Competitive compensation and benefits programs
  • Health insurance
  • 401(k)
  • Paid time off
  • Flexible working arrangements
  • Professional development opportunities

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