About the role

  • Product Manager leading the payments strategy across Instacart’s marketplace, optimizing processing costs and authorization rates. Collaborating with engineering and external partners to enhance payment capabilities.

Responsibilities

  • Own the global payments roadmap and strategy across authorization, routing, retries, tokenization, chargebacks/disputes, and refunds/partial captures, with clear KPIs for conversion, cost, latency, and reliability.
  • Design and scale a multi-PSP platform, including smart routing, failover, experimentation frameworks, and performance monitoring to continuously improve auth rates and reduce processing costs.
  • Expand payment methods in the US and internationally, including wallets, local payment methods, EBT SNAP, HSA/FSA, and other emerging options, ensuring compliance with regional and network requirements.
  • Partner closely with engineering (working with approximately 10–20 engineers) to define PRDs, scope systems, manage delivery timelines, and uphold high standards for availability, security, and PCI compliance.
  • Collaborate across Platform, Fraud, Order Management, Loyalty, Pricing/Discounting, Shopper (for payouts), and Instacart+ (for subscriptions) to support nuanced flows like post-order changes, substitutions, partial captures, and disbursements.
  • Manage external relationships with PSPs and card networks—driving performance reviews, negotiating favorable terms, running vendor evaluations, and ensuring SLAs and compliance are consistently met.

Requirements

  • 6+ years of product management experience, including 3+ years focused on payments, ecommerce, or financial platform products.
  • Proven track record optimizing payment stacks at scale, including improving authorization rates, reducing processing costs, and integrating or scaling multi-PSP platforms.
  • Hands-on experience delivering core payments capabilities such as routing and retries, tokenization/vaulting, 3DS/payer authentication, chargebacks/disputes, and refunds/partial captures.
  • Proficiency with data and experimentation (e.g., SQL and analytics tools) to define KPIs, diagnose issues, and drive A/B tests or holdouts that inform product decisions.
  • Demonstrated success working cross-functionally with engineering, operations, finance, legal, and compliance, as well as externally with PSPs and card networks.
  • Working knowledge of PCI DSS, card network rules, and regional payments regulations and privacy standards.
  • Bachelor’s degree in business, engineering, computer science, or a related field; equivalent practical experience considered.

Benefits

  • Competitive salary
  • New hire equity grant
  • Annual refresh grants

Job type

Full Time

Experience level

Senior

Salary

CA$194,000 - CA$204,500 per year

Degree requirement

Bachelor's Degree

Tech skills

SQL

Location requirements

RemoteCanada

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