--- title: 'Lead Product Manager – Payments Risk at Xero' canonical: 'https://feeny.ai/job/lead-product-manager-payments-risk-xero-vancouver-n95mxmrchcb9' type: 'job' last_seen: '2026-09-05' --- # Lead Product Manager – Payments Risk at Xero - **Company:** [Xero](https://feeny.ai/companies/xero) - **Location:** Vancouver, Canada - **Employment:** full-time - **Work type:** onsite - **Posted:** 2026-09-03 - **Last confirmed live:** 2026-09-05 - **Apply:** https://jobs.ashbyhq.com/xero/ca7e9aa4-238c-4af8-a3b1-4c9940323bee ## Job description ## LEAD PRODUCT MANAGER – PAYMENTS RISK ## OUR PURPOSE At Xero, we’re here to supercharge small businesses. By making small business more efficient every day, connecting them with big business technology and empowering a community behind them, their potential is limitless. When that happens, we’re not only helping small business, we’ll be building a stronger economy that can change the world. ## HOW YOU’LL MAKE AN IMPACT As a Lead Product Manager – Payments Risk, you’ll build the risk capabilities that enable Xero customers to accept payments securely, reliably and with as little unnecessary friction as possible. You’ll own product strategy and execution across two core areas: Merchant risk — including KYB/KYC, merchant eligibility, underwriting, risk segmentation, financial exposure management and ongoing merchant monitoring. Transaction risk — including fraud detection and decisioning, transaction monitoring, disputes and chargebacks, reserves and holds, payout risk and payments loss management. This is a Product Management role focused on payments risk, not a Risk Operations or Compliance role. You’ll partner closely with Risk, Compliance, Engineering, Data and Operations to turn risk strategy and policy into scalable product capabilities. ## WHAT YOU’LL DO ## BUILD XERO’S PAYMENTS RISK CAPABILITIES - Own the product strategy and roadmap for merchant and transaction risk. - Build capabilities for merchant eligibility, underwriting, risk segmentation, financial exposure management and ongoing monitoring. - Build transaction fraud detection, monitoring and decisioning capabilities using signals, rules, scoring, velocity and limits. - Develop controls for disputes, chargebacks, reserves, holds, negative balances and payout risk. - Build the tooling and workflows needed to support investigation, review and risk operations. ## BUILD RISK AS A SCALABLE PLATFORM CAPABILITY - Develop reusable capabilities for risk decisioning, rules, signals, limits, monitoring, alerts and case management. - Partner with Engineering and Data on APIs, data models, architecture and decisioning systems required to operate risk at scale. - Design capabilities that can support multiple processors, payment methods and markets. - Evaluate build-versus-partner decisions and determine where Xero should own risk capabilities versus rely on processors or specialist risk providers. ## MAKE THE RIGHT RISK TRADE-OFFS - Translate risk appetite and policy into product controls and customer experiences. - Use data to balance fraud and financial loss against merchant friction, transaction conversion and operational cost. - Establish clear risk metrics and continuously improve decision quality, false-positive rates and loss performance. - Identify emerging merchant, fraud and loss patterns and evolve controls as risks change. ## WHAT YOU’LL BRING WITH YOU Deep, hands-on payments risk product experience is essential for this role. We’re looking for someone who has built and operated risk capabilities within a payments platform, PSP, acquirer, PayFac, marketplace or similar payments environment. You should have meaningful Product Management experience across both: - Merchant risk: KYB/KYC, merchant onboarding, eligibility, underwriting, merchant risk assessment, financial exposure management and/or ongoing monitoring. - Transaction risk: fraud detection and decisioning, transaction monitoring, disputes and chargebacks, reserves and holds, payout risk and/or payments loss management. You’ll also bring: - Significant Product Management experience in a technically complex payments or fintech environment. - Strong understanding of how merchant risk, transaction risk and the movement of money create financial exposure. - Experience building risk decisioning capabilities using rules, signals, scoring, limits and data-driven models. - Strong analytical skills and experience using fraud, transaction and loss data to make product decisions. - Experience partnering closely with Engineering, Data Science, Risk, Compliance and Operations. - Experience working with payment processors, acquirers and/or third-party risk providers. - Strong product judgement and the ability to make decisions where customer experience, growth and risk are in tension. We’re particularly interested in candidates whose experience extends beyond KYC/compliance or consumer identity fraud into broader merchant and transaction risk within a payments environment. ## SUCCESS LOOKS LIKE - Legitimate merchants can accept payments with minimal unnecessary friction. - Higher-risk merchants and transactions are identified and treated appropriately. - Fraud, chargebacks and payments losses remain within Xero’s agreed risk appetite. - Risk capabilities and decisioning can scale across processors, payment methods and markets. ## COMPENSATION & TOTAL REWARDS At Xero, we value the impact and skills you bring to the team. We believe in a Total Package philosophy - ensuring your value is recognized through a holistic lens that includes base salary, performance incentives, and world-class benefits. The expected base salary range for this role is CA $178,600 – CA $223,300 Individual pay is determined by various factors, including geography, level of experience, and the specific skills you bring to the role. In addition to base pay, Xero’s roles are eligible for the following forms of variable compensation: - Variable Pay: Permanent employees are eligible to participate in our annual bonus and equity (RSU) programs. You may also be eligible for performance-based cash or equity (RSUs) incentives depending on your role level, and company performance. - Comprehensive Benefits: World-class health, wellness, and retirement programs. Xero Perks https://careers.xero.com/inside-xero/benefits-wellbeing/ including Wellbeing days, generous leave, and dedicated professional development budgets. This is a posting for an existing vacancy. Xero uses AI to help screen applications based on job-related qualifications. These tools assist our recruiters but do not make automated hiring decisions. A human recruiter reviews all candidates before any hiring action is taken. ## About Xero ## Company Overview - **One-liner**: Xero provides cloud-based accounting and financial management software for small businesses, serving over 4.9 million customers worldwide. - **Entity Type**: Public (ASX: XRO, S&P/ASX 200 component) - **Headquarters**: Wellington, New Zealand - **Founded**: July 6, 2006 - **Founders**: Rod Drury, Hamish Edwards ## Core Business - **Primary industry**: Cloud accounting software (SaaS) - **Target customers**: Small businesses, accountants, and bookkeepers (B2B) - **Mission**: To make life better for small businesses globally by automating routine tasks and delivering actionable insights. ## Products & Services - **Xero Accounting Software**: Cloud-based platform for invoicing, bank reconciliation, expense tracking, payroll, and financial reporting. Sold by subscription (Starter, Standard, Premium tiers). - **JAX – AI Finance Partner**: An AI-powered assistant integrated into Xero that automates routine tasks and provides insights to help businesses grow. - **Xero Ecosystem**: Over 1,000 third-party app integrations via the Xero App Store, covering payments, inventory, CRM, and more. - **Xero for Nonprofits**: Discounted subscriptions (25% off) for eligible nonprofit and community organisations. - **Xero for Purpose**: Social impact initiatives including financial literacy programmes (Unlock Your Numbers), sustainability tools (Sumday carbon app), and the Xero Beautiful Business Fund (NZ$750,000+ in funding annually). ## Market Standing - **Valuation/Market Cap**: Not disclosed in provided sources (publicly traded with market cap available on ASX; latest data not included in search results). - **Key Metric**: Annual Revenue NZ$2.103 billion (FY2025); Net income NZ$227.8 million (FY2025). - **Notable Investors/Partners**: Board Chair David Thodey; CEO Sukhinder Singh Cassidy. In June 2025, Xero announced an agreement to acquire Melio, a New York-based payments provider, for $2.5 billion. - **Growth Signals**: Achieved Rule of 40 outcomes of 41.0% (May 2024) and 43.9% (Nov 2024). Customer base grew to 4.9 million. Headcount of 4,610 employees (2025). Expanding globally with offices in New Zealand, Australia, UK, US, Canada, South Africa, and Singapore. ## Competitive Advantages - **Market leader** in cloud accounting across New Zealand, Australia, and the UK. - **AI-first approach** with JAX, embedded directly into the core product to reduce manual work. - **Extensive integration ecosystem** (1,000+ apps) creating high switching costs for customers. - **Strong brand trust** built over 19 years with a focus on small business success. ## Strategic Focus - **AI and automation**: Deepening AI capabilities (JAX) to deliver predictive insights and automate finance workflows. - **Payments expansion**: Acquisition of Melio to strengthen payments capabilities for small businesses. - **Sustainability**: Reducing carbon emissions (72% reduction in scope 1 & 2), offering free carbon accounting tools, and supporting small business sustainability. - **Social impact**: Scaling programmes like the Beautiful Business Fund and financial literacy initiatives. ## Why Work Here - **Culture**: Values-driven, human-centric organisation with a focus on making a tangible impact on small businesses globally. - **Flexibility**: Emphasises a flexible environment and time for what matters most (remote/hybrid policy not explicitly stated but implied). - **Perks & benefits**: - One paid day off per year for volunteering (Community Connect programme). - Free access to Sumday carbon accounting app for employees. - Financial literacy resources and mentorship programmes. - **Engineering & innovation**: Dedicated Engineering and Data & AI teams (open roles visible on careers page). Global collaboration across 7+ countries. - **Diversity & inclusion**: Indigenous inclusion initiatives (te ao Māori in NZ, Reconciliation Action Plan in Australia), support for Indigenous communities. - **Sustainability focus**: Employees can contribute to environmental goals through company-wide initiatives. ## Sources 1. [Wikipedia – Xero](https://en.wikipedia.org/wiki/Xero) 2. [Xero About Page](https://www.xero.com/au/about/) 3. [Xero Careers – Inside Xero](https://careers.xero.com/inside-xero/) 4. [Xero Careers – Teams](https://careers.xero.com/) 5. [Xero Homepage](https://www.xero.com/) ## Other roles at Xero - [Senior Mobile Engineer – iOS / Android](https://feeny.ai/job/senior-mobile-engineer-ios-android-xero-melbourne-mdxvb7gz77n9) — Melbourne, Australia - [Senior Mobile Engineer – React Native](https://feeny.ai/job/senior-mobile-engineer-react-native-xero-sydney-mveske2x9djw) — Sydney, Australia - [Senior Mobile Engineer - iOS/Android](https://feeny.ai/job/senior-mobile-engineer-ios-android-xero-sydney-kptpp7j9ekfa) — Sydney, Australia - [Senior Mobile Engineer - React Native](https://feeny.ai/job/senior-mobile-engineer-react-native-xero-melbourne-ascg2ez078kr) — Melbourne, Australia - [Associate Security Engineer](https://feeny.ai/job/associate-security-engineer-xero-melbourne-mawp8hnc0tcc) — Melbourne, Australia - [Business Development Representative](https://feeny.ai/job/business-development-representative-xero-denver-0r89a4awmjpv) — Denver, CO - [Senior Engineer - AI Builder](https://feeny.ai/job/senior-engineer-ai-builder-xero-sydney-2rb7b59np7jf) — Sydney, Australia - [Solutions Consultant](https://feeny.ai/job/solutions-consultant-xero-melbourne-n47m435fpyzz) — Melbourne, Australia - [Senior Machine Learning Engineer](https://feeny.ai/job/senior-machine-learning-engineer-xero-ontario-1gbmfz62vsqp) — Ontario, Canada - [Solutions Consultant](https://feeny.ai/job/solutions-consultant-xero-united-states-ck1901em1a0w) — United States