Product Management- Payments, Director

Get started on an exciting career at Element!

Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business – delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team.

About the Role

We’re looking for a Director, Product Management – Payments to join our team. In this role, you will define, execute, and continuously evolve Element’s payments product strategy and platform capabilities to deliver sustainable growth, profitability, client value, and operational excellence. You will serve as a strategic leader across Product, Technology, Operations, Finance, Risk, Audit, and Compliance to ensure payment solutions are scalable, commercially viable, regulatory compliant, and aligned to enterprise objectives. You will also monitor and optimize product portfolio performance while driving product innovation, platform modernization, governance, and business performance.

What You’ll Do

• Define and execute the long-term vision, strategy, and roadmap for Element’s payments platform and product portfolio.
• Lead portfolio prioritization and investment recommendations, balancing customer needs, commercial opportunities, operational readiness, regulatory requirements, and enterprise objectives.
• Own the end-to-end product enhancement lifecycle, including discovery, requirements definition, prioritization, delivery, adoption, and performance measurement.
• Establish and maintain a multi-year product roadmap that balances innovation, operational efficiency, client experience improvements, compliance obligations, and technical modernization.
• Drive enhancement initiatives that improve payment capabilities, automation, scalability, operational effectiveness, and customer outcomes.
• Support achievement of Payments business financial objectives through product portfolio management, revenue growth initiatives, cost optimization opportunities, and operational efficiencies.
• Ensure products and enhancements align with applicable regulatory, audit, risk management, governance, and compliance requirements.
• Serve as a strategic advisor to senior leadership on product strategy, roadmap priorities, market opportunities, business performance, and emerging risks.
• Build strong partnerships across Product, Technology, Finance, Operations, Risk, Compliance, Sales, Marketing, and external partners to drive alignment and execution.
• Present product strategies, business cases, roadmap progress, and performance outcomes to executive stakeholders and governance forums.

Basic Qualifications

• Bachelor's degree in Business Administration, Finance, Information Technology, Engineering, Commerce, or a related field.
• 7–10 years of progressive product management experience within payments, fintech, financial services, or related regulated industries.
• Demonstrated experience developing, launching, and scaling complex products and platforms in regulated environments.
• Experience leading cross-functional initiatives involving technology, operations, risk, compliance, and commercial stakeholders.
• Experience developing business cases, strategic roadmaps, and product investment recommendations.
• Strong understanding of payments ecosystems, including issuing, acquiring, embedded finance, digital payments, or related payment technologies.

Preferred Qualifications

• MBA or other advanced business degree.
• Experience supporting P&L management, commercial performance initiatives, or product portfolio optimization.
• Experience working with external financial institutions, payment networks, fintech partners, or strategic vendors.
• Experience leading digital transformation or platform modernization initiatives.

Location

Current Location: Toronto. Our Toronto office will move to 1 Adelaide in Toronto in September 2026.

The hiring base salary range for this position is $133,400 - $183,400 annually. Actual compensation within this range will be dependent upon the individual’s knowledge, skills, experience, equity with other team members, and alignment with market data. Please note that the disclosed salary range is solely for candidates hired to perform work within this geographic location. Candidates hired to work in other locations will be subject to the pay range associated with that location.

What’s in it for You
•  A culture of innovation, empowerment, decision-making, and accountability
•  Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness (for qualified roles)
•  Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays) (for qualified roles)

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity, equity, inclusion, and belonging. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, genetic information, sex, gender identity, sexual orientation, age, marital status, family status, ancestry, national origin, citizenship, physical or mental disability, veteran status, military obligations or any other characteristic protected by federal, state and local laws. Disability-related accommodations during the application and interview process are available upon request. Should you require an accommodation with our hiring process please send an email to talentacquisition@elementcorp.com or call (800) 665-9744. Element Fleet Management also uses AI-assisted tools to help screen and assess applications. These tools analyze information you provide (for example, your rēsumē and screening responses) to identify job-related skills, qualifications, and experience. AI outputs do not by themselves determine whether you advance or receive an offer – they assist recruiters and hiring managers. Final hiring decisions are made by people.