Job opportunities in the Octopus Ventures portfolio

Octopus Ventures
Octopus Ventures

Product Owner

Vitesse PSP

Vitesse PSP

England, UK
Posted on Monday, October 30, 2023
Today Vitesse has a large bank network which it uses to support largely bank transfer based payment methods to allow our Insurance customers to make claim payments to their policy holders and suppliers. We are seeking to extend the range of payment options for our clients beyond our core banking and into cards. We are seeking partners to support the delivery of a white labelled, policy and claim card solution running as a commercial scheme where cards will be issued to our corporate clients for the settlement of claims against issued policies.

As a Product owner for a new engineering squad to deliver a new card proposition you'll will work closely with internal subject matter experts including: Engineering (primarily a squad dedicated to delivery of the issuing proposition), Product colleagues including a business analyst dedicated to the squad, Operations and Sales.

This role will sit within our Product function, reporting directly into the VP Product.

Your Responsibilities

  • Own the product backlog for development of the card proposition
  • Full backlog management for the squad
  • Manage the relationship with 3rd parties (issuers/BIN sponsors/schemes) from a Product perspective
  • Create and manage all epics, features and stories related to the changes in question, whether customer specific or to deliver against strategic objectives.
  • Clearly document and communicate requirements to the development team by running refinement sessions with your assigned development resource
  • Have a thorough understanding of the journey that needs to be taken to reach the ultimate end feature goal, creating incremental steps where possible to reach the end complete feature deliverable.
  • Analyse overall business impact across all relevant stakeholders and create a plan to implement necessary changes
  • Understand any wider client impact of implementing any changes and devise a communication plan in conjunction with your colleagues in the product team
  • Input to product documentation to assist successful roll out to help maximise utilization of new features
  • Track success post implementation by measuring KPIs
  • Support the business where necessary with subject matter expertise on the changes that have been implemented
  • Work with your product colleagues to ensure changes are coherent and consistent with a broader value proposition and bring as much benefit to as much of our client base and target market as possible


  • 7+ years’ experience in a, fintech, international payments company or bank in a Product Owner, Product Manager or Senior Business Analyst role working on defining and implementing new product features and managing business change
  • Direct and recent experience in the card issuing domain, ideally having managed/acted as Product Owner for similar card issuing product builds and roll outs
  • Must be highly analytical, organized and structured
  • Working understanding of payments industry processes, messaging formats, systems, and regulation desirable
  • Versatility with ability to act as PO across different domains/products desirable
  • Technical understanding of Agile development practices
  • Excellent communicator. You should be a people person with a proven track record of establishing, building and maintaining strong, high value relationships and experience in dealing with card issuers and/or card schemes
  • Passion for start-ups with a mentality to get your hands dirty. You will be expected to provide live feedback on improvements to existing product features as you gain an understanding and also improve processes and ways of working
  • A team player, with the ability to relate well with co-workers, customers and partners and other stakeholders
  • Demonstrated ability to be proactive and self-driven


  • 25 days Holiday per year (increase by 1 day per year to 30 days max) + Bank Holidays 
  • Hybrid working arrangements
  • Contributory pension scheme 
  • Enhanced Parental leave  
  • Cycle to Work Scheme 
  • Private Medical Insurance through Vitality 
  • Access to Oliva our Mental Health Therapy partners
  • Discounted Gym membership  
  • Financial Coaching with Octopus Wealth 
  • 2 days of volunteering leave per year 
  • Sabbatical after 5 years’ service  
  • Ongoing Learning and Development to support you reach your career goals

We understand that everyone has their own work rhythm, and we believe in a flexible working schedule that supports a healthy work/life balance. We offer a hybrid work approach with 2 days in the office.

About Us

We are Vitesse – the treasury & payment provider of choice for the insurance market.

Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA regulated payments business that is driven to be the payment partner of choice for the insurance market, by providing global payment services and treasury optimisation.  Operating one of the largest domestic banking and payment settlement networks in the world, we give our customers direct access to more than 170 countries and territories, covering over 110 currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds, delivering a better customer experience to their claimants.  Our market-leading treasury optimisation service brings complete control and transparency to insurers and allows them to have their money in the right place, at the right time, to make that all important payment - fast, and when their customers need it most. 

With now over 150 employees across Europe and our London headquarters, $26m series B funding in 2022 in the bag and approaching £8bn in processed transactions, we are only just getting started. 

Partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets, we take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference. 

As we continue to scale up, we want like-minded humans to join us on this exciting journey.  Are you ready?


We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an 

unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.