At a Glance
- Tasks: Lead product development for innovative clearing infrastructure in global finance.
- Company: Join Lorum, a pioneer in rebuilding financial clearing systems.
- Benefits: Flexible working, private healthcare, stock ownership, and wellness days.
- Other info: Collaborative environment with opportunities for travel and volunteering.
- Why this job: Shape the future of finance with cutting-edge technology and impactful solutions.
- Qualifications: 5+ years in product management, preferably in fintech or payments.
The predicted salary is between 78750 - 96250 £ per year.
About The Company
Global payments are not broken.
Incentives are.
Clearing has been deprioritised inside balance sheet-driven institutions whose models rely on lending and interest.
When liquidity takes priority over settlement, payments slow and certainty drops.
The same financial institutions that distort clearing as providers are disadvantaged as users.
They are forced into fragmented setups, inconsistent rails, duplicated compliance, and unpredictable timelines.
Stablecoin shortcuts and treasury pooling treat symptoms at the surface, but almost no one is rebuilding the underlying infrastructure in each market.
Rebuilding clearing from the ground up
We are rebuilding clearing as its own specialist function.
We act as a clearing and transaction banking partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system.
Our platform unifies global and local licenses, direct central bank clearing, and domestic rails.
We allow clients to open named customer accounts in every market we operate, collecting funds and paying out through a single network while retaining full ownership of their customer relationships.
Market expansion becomes as simple as one correspondent relationship, not hundreds.
Why Lorum
Joining Lorum means contributing to one of the most ambitious clearing infrastructure projects in global finance.
You will help shape settlement systems that perform under real regulatory standards and institutional volumes.
You will build for regulated institutions that rely on precision, predictable timelines, and regulatory integrity.
It is about working across currencies, markets, and supervisory frameworks to deliver reliable, final settlement.
About The Role
Product Manager
Role purpose: As a Product Manager at Lorum, you will be responsible for the end-to-end ownership of product development within our clearing infrastructure.
You will collaborate closely with engineers, designers, and stakeholders to define product vision, gather user feedback, prioritize features, and ensure successful product launches.
Your focus will be on delivering solutions that meet regulatory standards while enhancing user experience and streamlining operations.
Key Responsibilities
- Lead the product development lifecycle from concept to launch and beyond.
- Collaborate with cross-functional teams to define product requirements and roadmap.
- Conduct market research and gather user feedback to inform product decisions.
- Prioritise features based on business value, user needs, and technical feasibility.
- Work within an Agile framework, facilitating sprints and ensuring timely delivery.
- Monitor product performance and iterate based on data-driven insights.
- Must-Haves
- 5+ years of experience in product management, preferably in fintech or payment processing.
- Demonstrated end-to-end ownership of product lifecycles and successful product launches.
- Strong collaboration skills with experience working closely with engineering teams.
- Experience with Agile methodologies and tools.
- Analytical mindset with the ability to leverage data for decision-making.
- Nice-to-Haves
- Familiarity with regulatory frameworks in finance, particularly within payments or clearing.
- Experience with user experience (UX) design principles and methodologies.
- Knowledge of international payment systems and clearing mechanisms.
Benefits
- Opportunity to travel (if applicable)
- Flexible vacation policy
- Private Healthcare
- Employee stock ownership (ESOP)
- Flexible working and autonomy
- Pay it forward days - we offer 2 annual pay it forward days where you can take time to volunteer for a charitable cause that is important to you.
- Wellness days - we believe you can only work your best when you feel your best, and we know working at Lorum is intense, so we offer 3 wellness days every quarter where you can take time to re-energise.
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Product Manager employer: Lorum
At Lorum, we are not just rebuilding clearing infrastructure; we are creating a dynamic and innovative work environment that empowers our employees to drive meaningful change in global finance. As a Product Manager, you will enjoy a flexible working culture, opportunities for personal growth, and unique benefits like wellness days and employee stock ownership, all while contributing to a project that is set to redefine the future of payments. Join us in New York City and be part of a team that values collaboration, creativity, and a commitment to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Product Manager
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like Lorum!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at Lorum would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at Lorum through your school's career services!
We think you need these skills to ace Product Manager
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Manager, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Manager position at Lorum. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at Lorum
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
