Commercial Product Owner - Open & Semi Open Loop
NewWhat We Need
Corpay is currently looking to hire a Commercial Product Owner — Open & Semi-Open Loop within our SVS division. This position falls under our SVS Global Product / Commercial Product line of business and is in Louisville, KY. In this role, the Commercial Product Owner will own the commercial and product lifecycle for open loop and semi-open loop prepaid card products, helping move product ideas from concept through business case, prioritization, delivery, launch, and ongoing performance monitoring. You will report directly to the Commercial Product Leader / Hiring Manager and regularly collaborate with SVS Product, Engineering, Implementation, Sales, Solutions B2B, Operations, external partners, and corporate partner teams.
How We Work
As a Commercial Product Owner — Open & Semi-Open Loop, you will be expected to work in a virtual environment.
Corpay will set you up for success by providing:
Company-issued equipment
Formal, hands-on training
Role Responsibilities
The responsibilities of the role will include:
Owning the commercial product lifecycle for open loop and semi-open loop prepaid card products
Taking new product ideas or concepts and moving them through SVS’s product evaluation process
Documenting product details, requirements, terms, collateral, pricing, business case inputs, and partner information
Building and maintaining product matrices and sales-facing materials that clearly outline available products and how they can be positioned
Evaluating product opportunities by reviewing profitability, margin potential, competitive landscape, costs, impact, and market fit
Partnering with Engineering, Implementation, Sales, Operations, Solutions B2B, and external partners to move product work forward
Organizing stakeholder conversations, capturing follow-ups, recapping decisions, and translating discussions into clear project plans
Supporting roadmap prioritization and helping determine whether product ideas should move forward or stop
Training and enabling Sales teams on product offerings, positioning, pricing, and go-to-market considerations
Monitoring launched products for adoption, distribution, revenue performance, and opportunities for improvement
Qualifications & Skills
Minimum of 5 years of experience in product ownership, product management, project management, business analysis, consulting, commercial product, or a related role
Bachelor’s degree preferred; equivalent hands-on experience may be considered
Strong organization, documentation, follow-up, and project planning skills
Experience taking a product, program, initiative, or business idea from concept through execution or launch
Ability to manage multiple stakeholders, timelines, decisions, product details, and competing priorities
Strong cross-functional communication skills with the ability to partner across Sales, Engineering, Operations, Implementation, Product, and external partners
Ability to evaluate business opportunities, understand commercial impact, and think through pricing, profitability, margin, revenue, or business case considerations
Comfort working in a complex, evolving environment where structure may need to be created from the ground up
Strong critical thinking skills with the ability to turn vague ideas into clear plans, recommendations, and go/no-go decisions
Experience using AI tools in a thoughtful, accurate, and responsible way preferred
Experience in prepaid cards, payments, fintech, gift cards, stored value, incentives, card issuing, or partner-heavy product environments preferred but not required
Pay Transparency
The expected salary range for this position is $110,000.00 – $137,000.00, based on the candidate’s work location. This range reflects a good faith estimate of the expected compensation for this role at the time of posting. The final offer will be determined based on job-related factors including skills, experience, qualifications, and applicable market conditions. Compensation may vary based on geographic location and will be confirmed during the hiring process. Additional compensation and benefits, including incentive programs, health coverage, retirement plans, paid time off, and other benefits (where applicable), may also be provided.
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