Senior Manager, Product Management - Move Money & Payments

Pay range: USD $140,000.00 - $160,000.00 / Year

Your opportunity

At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together. We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location. Applicants must be currently authorized to work in the United States on a full-time basis without employer sponsorship.

The Senior Manager of Product Management (individual contributor) will play a key role in the strategy, development and execution of Move Money and Payment offerings. These include a broad set of payment mechanisms such as ACH, Wire Transfers, Instant Payments, BillPay, Debit Cards, Credit Cards, P2P, and Internal Transfers.

• Own product strategy and execution for assigned payments and money movement capabilities, including identifying enhancements that close gaps, improve efficiency, mitigate risk, and drive client adoption.
• Define and maintain a clear product roadmap by working closely with Investor Services, Advisor Services, Operations, Risk, Compliance, and Technology partners.
• Translate complex business needs and client insights into clear product requirements, epics, and features, guiding delivery teams through the product development lifecycle.
• Drive prioritization decisions across competing initiatives by evaluating client impact, regulatory considerations, operational complexity, and business value.
• Partner with Risk, Legal, and Compliance to proactively identify and manage product risk and ensure adherence to regulatory obligations.
• Develop a deep understanding of the competitive landscape, client needs, and current-state gaps to inform product vision, client journeys, and business cases.
• Support and help manage strategic third-party vendor relationships related to payments and money movement capabilities.
• Champion client-centric thinking and continuous improvement across cross-functional teams without direct authority.
• Drive performance and insights: Establish key metrics, analyze data, and provide actionable insights to senior leadership for decision-making.
• Serve as subject matter expert: Act as an internal authority on digital currencies and blockchain, fostering organizational knowledge.
• Collaborate for success: Build strong relationships with internal and external stakeholders.

• Bachelor's degree or equivalent work experience
• 5+ years of experience in a Product Management role
• 5+ years of relevant experience in financial services, with specific expertise in payments and/or money movement products or platforms
• Strong command of the product development lifecycle and agile practices, with a track record of delivering client-centric outcomes
• Ability to operate independently, make informed decisions, and navigate ambiguity in a complex, regulated environment
• Experience synthesizing quantitative and qualitative data to understand client needs and inform product strategy and design
• Demonstrated ability to influence cross-functional partners and senior stakeholders without formal authority
• Exceptional written and verbal communication skills, including experience presenting to senior management
• Strong understanding of service delivery, process optimization, and leveraging technology for efficiency
• Strategic mindset with experience assessing industry trends and competitive dynamics
• Demonstrated experience in managing competing priorities, adapting to change, and navigating uncertainty

• 401(k) with company match and Employee stock purchase plan
• Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance