Senior Product Manager - FX and Remittances

Xendit provides payment infrastructure across Southeast Asia. We process payments, power marketplaces, disburse payroll and loans, provide KYC solutions, prevent fraud, and help businesses grow exponentially. We serve our customers by providing a suite of world-class APIs, eCommerce platform integrations, and easy to use applications for individual entrepreneurs, SMEs, and enterprises alike.

Our main focus is building the most advanced payment rails for Southeast Asia, with a clear goal in mind — to make payments across and within SEA simple, secure and easy for everyone. We serve thousands of businesses ranging from SMEs to multinational enterprises, and process millions of transactions monthly. We’ve been growing rapidly since our inception in 2015, onboarding hundreds of new customers every month, and backed by global top-10 VCs. We’re proud to be featured on among the fastest growing companies by Y-Combinator.

About the Job

Own the end-to-end cross-currency foreign exchange stack—instant balance conversion, auto-Foreign Exchange (FX) on collection, and payout-with-conversion, plus the Financial Operations automation behind it (sub-ledger, bank-statement ingestion, reconciliation, liquidity & close). Initial focus is Southeast Asia—Indonesia, Philippines, Malaysia, Singapore, Thailand, Vietnam—with plans to expand further across SEA and globally.

Responsibilities

• Set the strategy for foreign exchange products and merchant experience at Xendit
• Understand our customers’ FX needs deeply and build to meet these
• Discover, scope, and ship new features or improvements for any FX product across prioritized corridors, including but not limited to: quote & lock, conversion, cross-currency payouts and withdrawals, payments with autoFX
• Partner with Treasury on buffers, cut-offs, settlement calendars, and rebalancing; prevent liquidity shortfalls
• Support the setup of reconciliation at scale
• Work with Compliance, Risk and Treasury to embed sanctions/AML/limits at each movement and ensure auditability
• Drive KPIs: FX revenue, attach & success rates, FX margin, close time, and incident reduction
• Collaborate with Partner Management and Go-to-Market (GTM) on corridor launches, docs, migrations, and incident playbooks, including currency pair configuration, settlement instructions, and bank sweeps
• Do whatever it takes to make Xendit success!

Minimum Qualifications

• 5–8+ years PM experience in remittance/Payment Service Provider (PSP)/banking with shipped regional or global FX or cross-border payout products
• Hands-on ownership of sub-ledger & reconciliation (bank statements → events → General Ledger (GL)), exception queues, and close processes
• Built/managed pricing & rates with guardrails, exposure/limit policies, and LP failover
• Worked closely with Treasury on liquidity management policies and execution for FX, ensuring sufficient liquidity to support customer needs and commercial performance
• Strong systems thinking and crisp communication across Engineering/Finance/Compliance/Operations