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Product Manager - Collection Management

Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries.

Today, we’ve digitized payments for more than 4,000+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,300+ global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

Job Description

The Opportunity:

We, at Flywire, are seeking a Product Manager - Collection Management to lead the direction of our higher education collections management solution. Being a B2B2C company, the role demands an understanding of both client and end user’s needs, an innovative problem solving approach, and a bias towards exceptional user experience. Collaboration, relationship-building, and communication are key aspects to being successful in this role.

Product Managers at Flywire like to win. You’ll be part of the team who is focused on identifying what a winning product looks like and how it will succeed in the market. In order to accomplish this, you will own the Collections Management offering within our Student Financial Software and be responsible for its roadmap, solutions, management of a cross functional team and more.. What does this look like? You must …

  • Partner with collection agencies and colleges and universities to develop industry leading collection solutions and experiences for clients and payers
  • Collaborate with engineers, designers, sales and other stakeholders to come up with innovative solutions and enhancements to current product offerings
  • Own the success of your products and initiatives with accountability for measurable results
  • Assess current competitor offerings, industry trends, and higher education needs through working with clients directly, attending trade shows, and other research methods
  • Act as the main communication channel between the product and engineering team and internal stakeholders
  • Work with product marking team on go to market strategies and product marketing collateral
  • Oversee the full Go-To-Market as lead business partner for all projects
  • Work with documentation and technical writers to deliver product documentation and training materials
  • Work closely with industry experts to stay on top of new collections related standards and regulations
  • Own the continued business relationships with collection agencies

Qualifications

Here’s What We’re Looking For:

  • 3+ years of product management experience in a SaaS software company or equivalent transferable experience
  • Experience in higher education or related field with product / project management experience is a big plus
  • Familiarity with higher education collection regulations and/or experience working with or for collection agencies is a plus
  • Ability to compile and communicate key insights to offer recommendations and solutions
  • A drive to think strategically, prioritize ruthlessly, and execute methodically with a data-driven approach to decision making
  • A team player
  • Obsessed with solving education market related problems 
  • Entrepreneurial spirit and ability to work in a fast pace environment
  • Humble - You do what’s best for the company, no politics, no ego
  • Strong preference for candidates located near our geo-clusters and hubs in the following cities: Boston, Chicago, Denver, Orlando, Atlanta, Portland ME, Kansas City, Charlotte, New York City, Philadelphia, Providence, Nashville, Austin, Dallas, Milwaukee, Minneapolis, Buffalo, Miami, Tampa.

Additional Information

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.

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Average salary estimate

$80000 / YEARLY (est.)
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$70000K
$90000K

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What You Should Know About Product Manager - Collection Management, Flywire

At Flywire, we're on the lookout for a Product Manager - Collection Management to help steer our innovative higher education collections management solution towards new heights. Located in the vibrant city of Boston, MA, this role is not just about managing products; it's about becoming a key player in a mission to simplify payments for clients and their customers across the globe. As a Product Manager, you'll partner directly with colleges, universities, and collection agencies, understanding their needs and developing industry-leading solutions that resonate with both clients and end-users. Collaboration is the heart of this position; you'll work cross-functionally with engineers, designers, and marketing teams to deliver experiences that are not only effective but truly exceptional. You’ll own the roadmap for our Collections Management offering and ensure that our products not only meet but exceed market expectations. Your analytical skills will allow you to assess competitors and industry trends effectively, while your communication skills will bridge the gap between product and engineering teams. Join us at Flywire, where every day presents a new challenge and a new opportunity to innovate and grow!

Frequently Asked Questions (FAQs) for Product Manager - Collection Management Role at Flywire
What are the main responsibilities of a Product Manager - Collection Management at Flywire?

The Product Manager - Collection Management at Flywire is responsible for leading the direction of our higher education collections management solutions. This includes collaborating with a variety of stakeholders such as collection agencies and educational institutions, managing the product roadmap, and ensuring successful product launches. Additionally, the role involves analyzing industry trends and market needs, executing go-to-market strategies, and providing a clear communication channel between various teams to deliver exceptional user experiences.

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What qualifications are required for the Product Manager - Collection Management position at Flywire?

To qualify for the Product Manager - Collection Management role at Flywire, candidates should have a minimum of 3 years of product management experience in a SaaS software company or a related field. Experience in higher education and familiarity with collection regulations is a plus. Strong analytical skills, the ability to communicate insights effectively, and a collaborative spirit are critical for success in this role.

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How does a Product Manager at Flywire contribute to product development?

A Product Manager at Flywire plays a crucial role in guiding product development by conducting market research, understanding user needs, and providing insights that inform product features and enhancements. They collaborate closely with engineering, design, and marketing teams to innovate solutions that address both client and payer needs, ensuring that products are not only functional but also user-friendly.

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What is the work environment like for a Product Manager - Collection Management at Flywire?

The work environment for a Product Manager - Collection Management at Flywire encourages collaboration and creativity. You will join a diverse team of over 1,300 global FlyMates who thrive on passion and innovation in a fast-paced setting. With a strong emphasis on communication and teamwork, you will have the support of various departments while having the autonomy to drive your product’s success.

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What are the growth opportunities for a Product Manager - Collection Management at Flywire?

At Flywire, there are ample growth opportunities for a Product Manager - Collection Management. As the company continues to expand, you'll have the chance to take on more significant responsibilities, lead innovative projects, and refine your skills in product development and management. Additionally, the collaborative culture encourages learning from other teams and industry experts, facilitating personal and professional growth.

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Common Interview Questions for Product Manager - Collection Management
Can you describe your product management experience in SaaS?

Highlight specific roles where you managed SaaS products, focusing on your responsibilities, the products you developed, and the outcomes achieved. Discuss methodologies used, such as Agile or Scrum, and how you prioritized tasks to align with business goals.

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How do you approach gathering requirements from clients and end-users?

Share your strategies for conducting interviews, surveys, and user testing. Emphasize the importance of listening to user feedback and utilizing data analytics to understand user behavior and needs.

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What techniques do you use for analyzing competitors in the market?

Explain your method for performing competitive analysis, including how you identify key players, assess their product offerings, and utilize SWOT analysis to gauge strengths, weaknesses, opportunities, and threats.

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Describe a time when you faced a challenge in product development. How did you handle it?

Provide a specific example of a challenge in product development, detailing the situation, your role, and the steps you took to resolve the issue. Focus on your problem-solving skills and any innovative solutions you implemented.

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How do you prioritize features and requests from different stakeholders?

Discuss your decision-making process when prioritizing features, using criteria such as impact on customer experience, business value, and technical feasibility. Emphasize the importance of balancing stakeholder needs with overall company goals.

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What metrics do you consider important for measuring product success?

Identify key performance indicators (KPIs) relevant to product success, such as user adoption rates, customer satisfaction scores, or revenue growth. Explain how you track these metrics and use them to inform future product decisions.

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How do you ensure effective communication between product and engineering teams?

Highlight your strategies for maintaining open lines of communication, such as regular meetings, collaborative tools, and clear documentation. Stress the importance of fostering a culture of feedback and transparency.

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Can you give an example of a successful product launch you led?

Share a detailed example of a product launch, focusing on your role, the strategies you employed, and the results achieved. Include specific metrics and feedback that demonstrate the launch's success.

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What do you believe sets Flywire's Collections Management apart in the market?

Discuss your perspectives on what differentiates Flywire's approach, such as unique features, user experience, or industry insights. Convey an understanding of the market landscape and how Flywire meets specific needs.

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How do you stay updated on industry trends and standards related to collections?

Explain your strategies for staying informed about industry developments, such as attending relevant conferences, following thought leaders on social media, and subscribing to industry publications.

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Flywire ensures organizations deliver on their customers’ most important moments.

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Vision Insurance
Performance Bonus
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 28, 2024

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