Payment Product Manager - Transaction Risk

Swan is Europe’s embedded banking specialist. We empower software companies to embed banking features like accounts, cards, and payments directly into their products, under their own brand.Swan processes over €1.5 billion in monthly transactions for more than 150 companies - like Pennylane, Indy, Agicap, Libeo, and Lucca. Founded in 2019, the company has received growth capital from leading investors such as Lakestar, Accel, Creandum, Bpifrance and Eight Roads. Swan is a principal member of Mastercard and a licensed financial institution, regulated by the French banking authority (ACPR).

Many software companies already serve small businesses incredibly well: helping them send invoices, run payroll, manage inventory, and more. They’re on a mission to become the central hub for managing every aspect of business life.

But when it comes to financial workflows, there’s still a gap. Too many critical tasks like managing cash flow, tracking payments, or reconciling accounts happen outside the software, across spreadsheets, email threads, banking portals.

It’s a missed opportunity. Business software shouldn’t just record financial activity — it should run it.

Ultimately, the group is working toward a future in which all the complexities of handling money are hidden from Swan's partners and end-users—whether that's adopting new payment methods, reconciling various entries (technical, accounting, and cash), integrating with banks and financial partners globally, or addressing regulatory obligations.

Within this Group, the Payment Product team sits at the intersection of Strategy, Go-To-Market, Compliance, Risk, Data, and Engineering. The team oversees all stages of the product lifecycle — from discovery to sale — while aligning with the company's global strategy and core objectives. The Payment Product team, consisting of Lead Product Managers and Product Managers, ultimately owns the payment product roadmap.

The Payment Product Manager leads the strategy and roadmap for a key area of our payment banking product. They are end-to-end accountable for the success of their product — strategy, delivery, adoption, performance, and impact.

They develop scalable, high-impact solutions within our payment platform by collaborating with clients, internal teams, and financial providers (card schemes, processors, fraud vendors, etc.) — turning evolving specs into thoughtful product capabilities.

You will report to a Payment Product Lead, and you will be the end-to-end owner of Transaction Scoring risk performance: Fraud Detection Rate, False Positive Rate, and the trade-off between them. The Head of Risk is Accountable for the fraud framework and risk appetite; you are Responsible for the day-to-day optimization loop.

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It’s okay if you don’t tick all the boxes — don’t let imposter syndrome prevent you from applying! 🙌 

Swan is committed to providing a caring work environment for all employees, regardless of age, sex, disability, sexual orientation, race, religion, or belief.

When it comes to recruitment, we’re interested in your work experience, skills, and overall personality. Because diversity makes the workplace stronger and is necessary for Swan’s success, we are intensifying efforts to incorporate concrete actions to help us improve in this area.

• 30-minute interview with a Talent Acquisition Specialist

• 45-minute interview with the relevant Payment Product Lead

• Take-home project/business case on a transaction scoring tuning problem

• 30-minute presentation of the business case to the Payment Product Lead & the VP Product & Operations - Payment, followed by a 30-minute interview with the VP Product & Operations - Payment

• 30-minute interview with the Chief Risk Officer or the VP Data

• Final interview with the Chief Product Officer