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Director of Product, Payments

GoFundMe is seeking a Director of Product for Payments to lead the strategy and execution of their core payments capabilities while fostering a mission-driven culture.

Skills

  • Product management
  • Payments platforms
  • Technical proficiency
  • B2B and B2C market understanding
  • Analytical skills
  • Exceptional communication
  • Leadership experience

Responsibilities

  • Lead the vision and strategy for the payments product line
  • Own the end-to-end payments platform roadmap
  • Build next-generation intelligence using data to drive payment optimizations
  • Collaborate cross-functionally with various teams
  • Champion the customer through user research and data analysis
  • Ensure regulatory and compliance alignment
  • Drive a data-driven culture using analytics and customer feedback
  • Inspire and mentor product managers
  • Navigate complexity in fast-paced environments

Education

  • Bachelor's degree or equivalent experience
  • Experience in fintech preferred

Benefits

  • Equity options
  • Diversity, equity and inclusion training
  • Supportive team environment
To read the complete job description, please click on the ‘Apply’ button
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CEO of GoFundMe
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Tim Cadogan
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Average salary estimate

$305000 / YEARLY (est.)
min
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$260000K
$350000K

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What You Should Know About Director of Product, Payments, GoFundMe

Are you ready to take the reins as the Director of Product, Payments at GoFundMe in the vibrant city of San Francisco? If you’re passionate about creating amazing payment experiences that help communities thrive, this is your opportunity! At GoFundMe, we believe in the power of people coming together to support one another, and we're on a mission to make giving as seamless and secure as possible. You will be at the forefront of defining a visionary roadmap for our core payments capabilities, allowing us to build innovative solutions that cater to a global audience. Your work will directly influence the way donors, fundraisers, nonprofits, and businesses interact with our platform. Collaborating closely with diverse teams, you'll ensure our payment ecosystem is not only reliable and compliant but also optimized for user experience and conversion rates. By focusing on customer needs, leveraging data-driven insights, and implementing cutting-edge technologies, you’ll lead the charge in fostering trust and facilitating easier access to fundraising. Drawing from your extensive experience in product management within the fintech space, you will inspire and mentor our talented product managers while navigating complex challenges with confidence. Join us at GoFundMe where your leadership will have a profound impact on people’s lives, all while working in a fun and inclusive environment that celebrates your contributions!

Frequently Asked Questions (FAQs) for Director of Product, Payments Role at GoFundMe
What are the main responsibilities of the Director of Product, Payments at GoFundMe?

As the Director of Product, Payments at GoFundMe, you will lead the vision and strategy for our payments product line, focusing on enhancing payment flows and building critical infrastructure. You'll own the end-to-end payments platform roadmap, drive features related to transaction processing, payment integrations, and fraud prevention, and ensure our payment ecosystem meets regulatory standards.

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What qualifications are required for the Director of Product, Payments position at GoFundMe?

To be considered for the Director of Product, Payments role at GoFundMe, you should have over 10 years of product management experience, with at least 5 years in the payments or fintech sectors. A proven track record in scaling payment platforms, strong analytical skills, and effective communication abilities are also critical for success in this position.

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How does the Director of Product, Payments contribute to GoFundMe's mission?

In the role of Director of Product, Payments at GoFundMe, you play a vital role in ensuring that our donation process is seamless and secure. By focusing on user experience and developing innovative payment solutions, you directly contribute to our mission of helping people help each other, empowering individuals and organizations to raise funds effectively.

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What is the team culture like for the Director of Product, Payments at GoFundMe?

At GoFundMe, the culture is vibrant, mission-driven, and inclusive. As the Director of Product, Payments, you'll work with a diverse team that values collaboration, innovation, and continuous learning. The environment encourages celebrating accomplishments while working hard together toward a common goal.

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What are the expected working conditions for the Director of Product, Payments role at GoFundMe?

The Director of Product, Payments role at GoFundMe is a hybrid position based in San Francisco, CA. You'll be expected to be in the office three times a week, collaborating closely with your colleagues to solve challenges and drive product success.

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Common Interview Questions for Director of Product, Payments
How would you prioritize features for the payments product line?

In approaching the prioritization of features for the payments product line, I would use a data-driven strategy that considers user feedback, market trends, and alignment with our overall company goals. Conducting A/B tests and analyzing metrics will help shape decision-making that optimizes user experience and drives impactful results.

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Can you describe a successful payment product you have managed?

Certainly! In my previous role, I managed a payment product that integrated multiple payment gateways and supported various currencies. I worked cross-functionally to develop a frictionless checkout experience, resulting in a 25% increase in authorization rates and significantly improving user trust and satisfaction.

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What strategies would you implement to ensure compliance with payment regulations?

To ensure compliance with payment regulations, I would collaborate closely with legal and compliance teams, conducting regular training sessions and audits. Staying informed on evolving laws and regulatory standards will be crucial, along with implementing robust processes and technologies that maintain user security and trust.

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How do you gather user feedback for product improvement?

I believe in the importance of continuous feedback to refine products. I would employ several methods such as surveys, user interviews, and usability testing to gather insights. Additionally, analyzing usage data and A/B test results would help shape our product development cycle toward user-centric improvements.

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What role does data analysis play in your approach to product management?

Data analysis is foundational in my product management approach. It guides the decision-making process, helps identify trends and opportunities for improvement, and measures the success of implemented features. By leveraging both qualitative and quantitative data, I ensure our product roadmap is aligned with user needs and business objectives.

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How would you handle a disagreement with a team member about a product direction?

When disagreements arise, I advocate for open communication and a collaborative approach. I would first seek to understand the differing perspectives and the reasoning behind them. Then, together, we can analyze the data and relevant insights to reach a consensus that aligns with our product objectives.

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Describe your experience with agile methodologies in product development.

In my previous roles, I've successfully led multiple projects using agile methodologies. I championed a culture of iterative development, allowing for rapid feedback loops, adaptability, and ensuring that the team remains focused on delivering high-quality results. Weekly sprints and regular check-ins facilitated transparency and collaboration.

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How do you ensure that the payments ecosystem is user-friendly?

User-friendliness is paramount for any payments ecosystem. I ensure this by conducting user research to understand pain points, leveraging insights to design intuitive user interfaces, and implementing user testing throughout the development process to refine the experience continually.

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What impact do you hope to achieve in the Director of Product, Payments role at GoFundMe?

In this role, I aim to create seamless and secure payment experiences that enhance donor trust and engagement. My goal is to lead product innovations that not only support GoFundMe's mission but also expand our reach and capability to empower individuals and organizations worldwide.

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What trends do you see shaping the future of payments in the nonprofit sector?

I see several trends shaping the future of payments in the nonprofit sector, including the rise of digital wallets, increased use of cryptocurrency donations, and enhanced fraud prevention technologies. Understanding these trends allows us to innovate and adapt our payments strategy to better serve our community.

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GoFundMe is the leading online fundraising platform based in America. As of 2020, over $9 billion has been raised on the platform, with contributions from over 120 million donors worldwide.

117 jobs
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BADGES
Badge ChangemakerBadge Family FriendlyBadge Global CitizenBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Diversity of Opinions
Collaboration over Competition
Growth & Learning
Transparent & Candid
Mission Driven
Social Impact Driven
Passion for Exploration
BENEFITS & PERKS
Dental Insurance
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Paid Holidays
Sabbatical
Medical Insurance
401K Matching
Paid Time-Off
Learning & Development
Maternity Leave
Paternity Leave
Mental Health Resources
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$260,000/yr - $350,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 19, 2024

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