📌 Core Information
🔹 Job Title: Principal Product Manager - Business Account
🔹 Company: Teya
🔹 Location: London, City of, United Kingdom
🔹 Job Type: Full-time
🔹 Category: Financial Services
🔹 Date Posted: 2025-04-10
🔹 Experience Level: 5-10 years
🔹 Remote Status: On-site
🚀 Job Overview
Key aspects of this role include:
- Scaling Teya's Business Account product in the UK and launching it in additional European markets
- Focusing on product responsibilities related to card issuance and safeguarding
- Working closely with various teams to build and deliver new product features
- Performing regular customer interviews to develop user stories and inform feature prioritisation
- Contributing to building a strong product culture within Teya
ASSUMPTION: This role requires a strong understanding of e-money concepts, regulation, and experience in card issuance to ensure compliance and successful product development.
📋 Key Responsibilities
✅ Contributing to the overall product vision and strategy, particularly in areas related to payment initiation, card issuance, and open banking-based services
✅ Owning delivery of specific roadmap items and building new product roadmaps in the future
✅ Working closely with product design, engineering, risk, compliance, and other key internal stakeholders to build and deliver new product features
✅ Performing regular customer interviews to develop user stories and inform feature prioritisation
✅ Working closely with finance and accounting teams to build robust backend financial processes for safeguarding and reconciliation, including continuous optimization of liquidity management
✅ Collaborating closely with card scheme partners and processors to ensure continuous improvement in the performance of Teya's debit card offering
✅ Working with senior leadership and finance teams to develop forecasts for planning cycles and building business cases to justify investments in new areas
✅ Refining existing mechanisms and developing new ones to inspect product metrics on a regular basis
✅ Using excellent communication skills to advocate for the product and achieve alignment at all levels of the business
ASSUMPTION: This role requires strong stakeholder management skills, as the Principal Product Manager will need to work with various teams and influence decisions across the organization.
🎯 Required Qualifications
Education: Bachelor's degree in a science or business-related field. Master's degrees are a plus.
Experience: 5+ years of experience in banking, with a minimum of 3 years in product management. Experience in B2B banking, particularly with SMBs, is a plus.
Required Skills:
- Proven track record of delivering new products and features, with experience scaling an early-stage product at a fintech being a plus
- Solid understanding of e-money concepts and regulation in the UK, with prior experience in building safeguarding processes being a plus
- Experience working with card issuance and processing, with a track record of scaling an issuing business being a plus
- High attention to detail, with the ability to work on multiple priorities at the same time
- Excellent communication and presentation skills, with the ability to influence at all levels within the organization using clear data and documentation
- Strong quantitative and analytical skills, with self-service skills in pulling and processing data being a plus (including proficiency in SQL)
- Strong stakeholder management skills
Preferred Skills:
- Experience working on an SMB banking product in the past, preferably in the fintech space
ASSUMPTION: The ideal candidate will have experience working in a dynamic and fast-paced organization, as well as being customer-first in their approach.
💰 Compensation & Benefits
Salary Range: £70,000 - £90,000 per year (Estimated based on industry standards for a Principal Product Manager role in London)
Benefits:
- Flexible working hours
- Physical and mental health support through GymPass
- Extended and improved maternity and paternity leave choices
- Cycle-to-Work Scheme
- Health and Life Insurance
- Pension Scheme
- 25 days of Annual Leave
- Office snacks every day
- Friendly, comfortable, and informal office environment in Central London
Working Hours: 40 hours per week, with flexible working hours available
ASSUMPTION: The salary range provided is an estimate based on industry standards for a Principal Product Manager role in London. The actual salary may vary depending on the candidate's experience and qualifications.
📌 Applicant Insights
🔍 Company Context
Industry: Financial Services, focusing on payments, fintech, technology, SMBs, banking, Europe, and B2B
Company Size: 1,001-5,000 employees
Founded: 2019
Company Description:
- Headquartered in London, Teya serves small, local businesses across Europe
- Builds tools to unlock hassle-free payments and better business management for local businesses
- Offers an all-in-one offering designed to simplify the everyday in business, all on fair and transparent terms
Company Specialties:
- Payments
- Fintech
- Technology
- SMBs
- Banking
- Europe
- B2B
Company Website: https://teya.com/
ASSUMPTION: Teya is a growing fintech company focused on serving small, local businesses, with a strong presence in Europe and a commitment to providing fair and transparent services.
📊 Role Analysis
Career Level: Mid to Senior level, with the opportunity to grow and make a significant impact on the product and the company
Reporting Structure: The Principal Product Manager will report directly to the Head of Product and work closely with various teams, including product design, engineering, risk, compliance, finance, and senior leadership
Work Arrangement: On-site, with flexible working hours available
Growth Opportunities:
- As Teya continues to grow, there will be opportunities for the Principal Product Manager to take on more responsibilities and advance their career within the company
- The role offers the chance to work on a wide range of products and features, allowing the candidate to develop new skills and gain experience in various areas
- Teya's commitment to building a strong product culture provides opportunities for the Principal Product Manager to contribute to the development of the company's product strategy and processes
ASSUMPTION: This role offers significant growth opportunities for the right candidate, with the potential to make a real impact on the product and the company's success.
🌍 Location & Work Environment
Office Type: Teya's office is located in Central London, providing a friendly, comfortable, and informal work environment
Office Location(s): London, GB
Geographic Context:
- London is a major global financial hub, with a vibrant fintech ecosystem
- The city offers a wide range of cultural, social, and recreational opportunities
- Teya's office is located in a central and easily accessible area of the city
Work Schedule: The working hours are 40 hours per week, with flexible working hours available
ASSUMPTION: Teya's office environment is designed to be comfortable and supportive, with a focus on employee well-being and productivity.
💼 Interview & Application Insights
Typical Process:
- Online application and resume screening
- Phone or video call with the Talent Acquisition team
- On-site interview with the hiring manager and other team members
- Final interview with senior leadership
Key Assessment Areas:
- Product management skills and experience
- Understanding of e-money concepts and regulation
- Experience with card issuance and processing
- Communication and presentation skills
- Analytical and quantitative skills
- Cultural fit and alignment with Teya's mission and values
Application Tips:
- Tailor your resume and cover letter to highlight your relevant experience and skills for this role
- Be prepared to discuss your approach to product management, your understanding of e-money concepts, and your experience with card issuance and processing
- Demonstrate your ability to work collaboratively with various teams and influence decisions across the organization
- Showcase your analytical and quantitative skills through examples of your past work
ATS Keywords: Product Management, E-Money, Card Issuance, Banking, Fintech, SMBs, Stakeholder Management, Quantitative Skills, Analytical Skills, Communication Skills
ASSUMPTION: The interview process will focus on assessing the candidate's technical skills, cultural fit, and alignment with Teya's mission and values.
🛠️ Tools & Technologies
- Product management tools (e.g., Asana, Jira, Trello)
- Data analysis tools (e.g., Excel, SQL, Tableau)
- Collaboration tools (e.g., Slack, Microsoft Teams)
- Project management tools (e.g., Agile, Scrum)
ASSUMPTION: The Principal Product Manager will be expected to have experience with common product management, data analysis, and collaboration tools.
👔 Cultural Fit Considerations
Company Values:
- Customer-first approach
- Collaboration and teamwork
- Continuous learning and improvement
- Integrity and transparency
- Empowerment and accountability
Work Style:
- Dynamic and fast-paced
- Customer-centric
- Collaborative and team-oriented
- Data-driven and analytical
- Results-focused and accountable
Self-Assessment Questions:
- Do you have experience working with SMBs and a strong understanding of their needs and challenges?
- Are you comfortable working in a dynamic and fast-paced environment, with multiple priorities and tight deadlines?
- Do you have excellent communication and presentation skills, with the ability to influence at all levels within the organization?
- Are you a strong team player, with the ability to collaborate effectively with various teams and stakeholders?
- Do you have a customer-first approach, with a deep commitment to understanding and addressing the needs of Teya's SMB customers?
ASSUMPTION: Teya values candidates who are customer-focused, collaborative, and results-driven, with a strong commitment to continuous learning and improvement.
⚠️ Potential Challenges
- Working in a dynamic and fast-paced environment, with multiple priorities and tight deadlines
- Managing relationships with various internal and external stakeholders, including card scheme partners and processors
- Ensuring compliance with e-money regulations and safeguarding processes
- Scaling the Business Account product in the UK and launching it in additional European markets
- Balancing the need for innovation and growth with the requirement to maintain a strong focus on customer needs and satisfaction
ASSUMPTION: The Principal Product Manager will need to be adaptable, resilient, and able to thrive in a fast-paced and ever-changing environment.
📈 Similar Roles Comparison
- Compared to other Principal Product Manager roles, this position offers a unique opportunity to focus on payment initiation, card issuance, and open banking services for SMBs
- Teya's focus on small, local businesses provides a distinct context for product development and strategy
- As a growing fintech company, Teya offers significant growth opportunities and the chance to make a real impact on the product and the company's success
ASSUMPTION: This role offers a unique combination of product management experience, industry-specific context, and growth opportunities for the right candidate.
📝 Sample Projects
- Developing and launching a new debit card product for SMBs, including card issuance, processing, and safeguarding processes
- Building and optimizing backend financial processes for safeguarding and reconciliation, including continuous optimization of liquidity management
- Conducting customer interviews and user research to inform feature prioritisation and product development
- Collaborating with card scheme partners and processors to improve the performance of Teya's debit card offering
- Developing and implementing new mechanisms to inspect product metrics on a regular basis
ASSUMPTION: These sample projects illustrate the range of responsibilities and challenges the Principal Product Manager may face in this role.
❓ Key Questions to Ask During Interview
- What are the key priorities for this role in the first 30, 60, and 90 days?
- How does Teya support the growth and development of its product managers?
- What are the biggest challenges facing the Business Account product, and how can this role help address them?
- How does Teya measure the success of its products, and how will this role contribute to that process?
- What is the company's long-term vision for the Business Account product, and how does this role fit into that plan?
ASSUMPTION: These questions will help the candidate better understand the role, the company, and the opportunities for growth and development.
📌 Next Steps for Applicants
To apply for this position:
- Submit your application through this link
- Tailor your resume and cover letter to highlight your relevant experience and skills for this role, with a particular focus on your product management experience, understanding of e-money concepts, and experience with card issuance and processing
- Prepare for your interviews by researching Teya's mission, values, and products, as well as the specific challenges and opportunities facing the Business Account product
- If you are invited to an on-site interview, be prepared to discuss your approach to product management, your understanding of e-money concepts, and your experience with card issuance and processing
- Follow up with the hiring manager or the Talent Acquisition team within one week of your interview to express your interest in the role and reiterate your qualifications
⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.
