Technical Product Manager - Card Payments

Hybrid in London, UK

We're looking for a Technical Product Manager to work with a brand new team and build iwoca's first credit card product for small businesses.

The company

Imagine a world where every small business has the power to thrive. That's the world we're building at iwoca. Small businesses aren't just statistics - they're the heartbeat of our communities, the character of our high streets, and the engine of our economy. Since 2012, we've revolutionised how these businesses access finance, turning what was once a lengthy, frustrating process into something remarkable: funding that's fast, flexible, and actually works for modern businesses.

Our impact speaks for itself: we've provided billions in funding to over 150,000 businesses across Europe, making us one of the continent's leading fintech innovators. But we're just getting started. Our mission? To empower one million businesses with the financial tools they deserve.

We combine cutting-edge technology and data science with genuine human understanding to make finance feel less like a barrier and more like a superpower. Whether it's managing cash flow or seizing unexpected opportunities, we ensure businesses get the funds they need - often within minutes.

The team

The Credit Card Payments team is forming to build iwoca's new credit card product for small businesses. The team will deliver a seamless, secure payments experience that delights customers, meets the complex requirements of card schemes and regulators while supporting iwoca's business growth.

The role

This role offers the opportunity to shape the systems behind iwoca's new credit card product, combining hands-on technical focus with long-term architectural thinking. You will be empowered to make meaningful product decisions, contribute to technical direction, and deliver work that directly supports financial access for small businesses. As part of the wider Credit Cards initiative, you will lead a dedicated engineering team and work closely with our Finance, Fintech, Fraud and other teams to ensure every aspect of the new product is robust, scalable, and seamlessly integrated with existing iwoca systems. The role will provide:

Ownership and influence:

• Define and manage the product roadmap for our card payment processing and authorisation flow and their interactions with the card ledger.

• Own the end-to-end credit card transaction flows, including authorisation, clearing, settlement, chargebacks, and cashback, taking into account different transaction types and relevant edge cases.

• Work with our engineering and finance teams to help shape the technical product direction for our in-house ledger, evolving our existing blueprint and growing into a subject matter expert over time.

• Influence the system architecture decisions, aligning product logic with scheme and regulatory constraints.

Technical expertise and collaboration

• Translate business rules and scheme requirements into clear technical specifications for authorisation and processing systems.

• Maintain up-to-date system documentation, process diagrams, and test case mappings to support quality assurance and compliance.

• Identify and document Visa and Mastercard requirements relevant to launch, ensuring their incorporation into system flows and data requirements.

Product development and growth

• Use your card payments knowledge to map transaction flows, turn rules into clear specifications, and work closely with product, engineering, finance and risk teams.

• Continuously develop your technical and domain expertise, mastering card payments, scheme requirements, and regulatory frameworks.

• Take a product from concept to market and iterate based on feedback and test data to make it a success.

Essential:

• Experience working on card payments, issuing, and processing systems, including tokenisation and scheme integration

• Practical knowledge of payment protocols and standards such as EMV, PCI, and Visa/Mastercard scheme requirements

• Ability to map detailed transaction flows, define precise system behaviours and write clear, detailed functional requirements

• Experience with RESTful services, monitoring and alerting tools, and working knowledge of browser-based testing and debugging.

• A collaborative approach to working with cross-functional teams and communicating technical requirements clearly

Bonus:

• Familiarity with the full card lifecycle, including onboarding, fraud, and dispute handling.

• Experience with ISO 20022 and PSD3 regulatory frameworks.

• Comfortable working in an early-stage product environment with evolving requirements.

We expect to pay from £70,000 - £90,000 for this role. But, we're open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly salary and performance reviews.

At iwoca, we prioritise a culture of learning, growth, and support, and invest in the professional development of our team members. We value diversity in thought and skill, and encourage you to explore new areas of interest to help us improve our products and services.

We put a lot of effort into making iwoca a brilliant place to work:

• Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.

• Events and clubs, like bingo, comedy nights, yoga classes, football, etc.

• Flexible working.

• Medical insurance from Vitality, including discounted gym membership.

• A private GP service (separate from Vitality) for you, your partner, and your dependents.

• 25 days' holiday, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.

• A one-month, fully paid sabbatical after four years.

• Instant access to emotional and mental health support.

• 3% Pension contributions and share options.

• Generous parental leave and a nursery tax benefit scheme to help you save money.

• Cycle-to-work scheme and electric car scheme.

• Two company retreats a year, we've been to France, Italy, Spain, and further afield.

And to make sure we all keep learning, we offer:

• A learning and development budget for everyone.

• Company-wide talks with internal and external speakers.

• Access to learning platforms like Treehouse.