Product Manager - Payouts

Felix is hiring a Product Manager - Payouts in San Francisco, United States. Level rates it ; you can apply on Level.

AI in this role

Product Manager for Payouts Platform at an AI-first cross-border fintech company building conversational financial services.

product-managementfintechpayment-systemscross-border-payments

About Us
At Félix, we are building the indispensable financial companion for Latinos in the US. We combine an AI-powered, conversational-first interface with real-time financial infrastructure to make cross-border money movement as easy as sending a text. Starting with fast, affordable remittances powered by AI and crypto rails, we are expanding into credit, savings, and wallet services to support the complete immigrant financial journey. Our ambition is to deliver a white-glove financial experience with the simplicity of a conversation to a community the traditional financial system has historically overlooked.
We are a hyper-growth Series C company, backed by over $300 million in funding from top-tier global investors, including Andreessen Horowitz, QED, Castle Island, Switch Ventures, HTwenty, Monashees, General Catalyst Customer Value Fund. This isn't just about the numbers; it's a testament to the trust our investors have in our vision and our team. Additionally, Félix was selected as an “Endeavor Entrepreneur” and was a recipient of the CrossTech Fintech Startups Award.
Joining Félix means you will be part of a team building a legacy, a company that will outlive us all. This is a rare opportunity to apply your skills to a deeply meaningful mission—serving a community that has been underserved for too long. We are a team that is fiercely loyal to each other, where radical transparency and constructive feedback are how we grow and push for excellence. We are bold, we care less about what others are doing, and more about creating sustainable value and a product that truly makes our users' lives better. We are building the future, today.

About the role

Félix moves money for millions of transactions from the US to Latam. The Payouts Platform is the shared service every Félix product uses to send money out, across bank transfers, instant payment rails, wallets, cards, cash networks, and crypto rails.As PM for Payouts Platform, you'll own the vision, roadmap and results for how money gets to their destionation. Your goal is to make paying out fast, reliable and low-cost for each of them, in every market we serve.

What you'll focus on

Set the vision and roadmap. Define where the Payouts Platform goes next, and balance new capabilities, reliability and cost in your priorities.
Build a platform every product can use. Turn payouts into a shared, self-serve capability that any product team can adopt quickly, so Félix can launch new products without building payouts from scratch each time.
Expand reach. Decide which markets and rails to invest in next, across Latin America and beyond, including instant payments, wallets, cash networks and crypto rails. Lead the platform side of each launch with FX, Compliance and Treasury, and shorten the time to go live.
Shape partner strategy. Define what the platform needs from payout partners, compare their performance, and decide which ones to integrate or route more volume to. That includes building direct connections to major payout providers alongside aggregator partners. Make partner decisions for new capabilities alongside the Business Development team, which owns the commercial relationships.
Improve performance. Define the routing and validation strategy that raises success rates and speed while lowering cost per payout.
Reduce manual work. Prioritize product improvements that remove manual handling of failed and returned payouts, working with Ops and the Ops Platform. Give product teams real-time visibility into every payout.
Align across teams. Make sure every payout is compliant, funded and supportable. That means working with Compliance on screening, Treasury on liquidity, and product teams on the experience they build on top of the platform.
Set service commitments. Define the reliability and performance levels product teams can count on, and prioritize the work to meet them with the engineering team, which owns delivery. Report on the success, speed and cost of payouts.

What you'll bring

Product experience: 5+ years in product management, with at least 2 years on payments, payouts or money movement products.
Platform and API experience: you've owned a product whose main customers were other teams or developers.
Rails knowledge: you understand how payout rails and partners work, including settlement timing, returns, failure modes and partner SLAs. Experience with LatAm rails (for example SPEI, PIX or ACH-style bank transfers) is a strong plus.
Partner integrations: a track record of taking third-party integrations from evaluation to production, with engineering and commercial teams.
Data fluency: comfortable with SQL and with defining and tracking reliability and cost metrics.
Clear communication: you can explain trade-offs to engineers, ops teams and executives alike.

Nice to have

Experience with crypto or stablecoin rails for payouts or settlement
Working knowledge of payments compliance, such as sanctions screening and transaction monitoring

What We Offer

Base (Flexible depending on expectations/interview performance)
- SF/NYC: $152,000 - $193,000
- Miami: $123,000 - $160,000
Initial stock options grant
Annual performance bonus
Health, dental, and vision plans
401(k)
Remote work environment, although we have offices in Miami and México City and would love to work in hybrid model if you are up to it.
Continuous learning opportunities
Unlimited PTO
Paid parental leave
Empowering opportunities for growth in a dynamic entrepreneurial environment

Equal Opportunity Employer
At Félix, we are committed to providing equal employment opportunities to all qualified employees and applicants without regard to race, religion, nationality, sex, sexual orientation, gender identity, age, or disability. This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, training, compensation, benefits, and termination.
Want to learn more about our privacy practices? Check out our Privacy Policy.

How we rate this

Product Manager - Payouts at Felix rates 65 out of 100 for how much of the daily work is AI. That makes it Works on AI (AI Level 3 of 4). The level is about AI in the job, not seniority.

Classification

Works on AI. The daily work is on AI products, without building the model.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

Key facts

Product Manager - Payouts is an open job at Felix.
Level rates this role AI Level 3 of 4: Works on AI.
The role is based in San Francisco, United States.
The job was posted on October 13, 2026.
Seniority: senior.
Applications are handled by Felix. Apply on Felix

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Product ManagementFintechPayment SystemsCross Border Payments

Also common in AI product manager jobs at this level

AI agents LLM Generative AI Machine learning AWS Azure

Pay

Typical AI product manager job: $178k

This posting doesn't list pay. Use the typical AI product manager figure when pay comes up. See AI product manager jobs

Questions you could be asked

Tell me about a project where product management was part of your work. What did you do?
Tell me about a project where fintech was part of your work. What did you do?
Tell me about a project where payment systems was part of your work. What did you do?
Tell me about a project where cross border payments was part of your work. What did you do?
Describe a typical day in a role like this one: which parts run through AI directly?

Adapt your resume

List these exact terms on your resume: Product Management, Fintech, Payment Systems, and Cross Border Payments. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
Show where AI is part of your daily process, not a one-off project. This role expects it to be a running habit.

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