Procore Technologies, Inc

Principal Product Manager, Compliance and Payments (New Markets)

Procore Technologies, Inc$198K — $272K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of product management or equivalent experience with significant product ownership.
  • Proven experience in new market or product development, translating ideas into revenue-generating initiatives.
  • Strong skills in opportunity assessment, market sizing, and product-market fit validation.
  • Expertise in discovery techniques like customer interviews and market analysis.
  • Strong quantitative skills for data analysis and decision-making.
  • Ability to work independently in ambiguous situations and drive progress.
  • Excellent communication skills to influence stakeholders across functions, with or without formal authority.
  • Experience in construction compliance, payments, fintech, or B2B marketplace is preferred.

Responsibilities

  • Lead assessments for new markets, recommending entry strategies.
  • Validate product-market fit for Procore Pay in new markets with defined discovery plans.
  • Craft strategic vision and product briefs explaining rationale to executives.
  • Break down large strategic initiatives into phased deliverables for customer value.
  • Conduct customer discovery and synthesize insights into actionable findings.
  • Collaborate with Engineering and UX to translate strategies into requirements.
  • Drive go-to-market readiness across marketing, sales, and support teams, designing effective release plans.
  • Define and track customer and business outcomes, communicating progress comprehensively.
  • Mentor product managers and participate in hiring to elevate product excellence.

Benefits

  • Equity compensation and bonus incentive opportunities may be available.
  • Commitment to competitive and fair compensation based on skills and experience.
Full Job Description
We're looking for a Principal Product Manager to join Procore's Product & Technology organization, supporting our Procore Pay business. In this role, you'll identify, size, and validate the next set of markets and segments for Procore's Compliance and Payments products, turning early signals into fully formed strategies backed by evidence. Your primary goal is to determine where Procore Pay can win next - and to prove product-market fit in those markets before we scale investment behind them.

As a Principal Product Manager, you'll partner with Engineering, UX, Product Marketing, Sales, Finance, Risk & Compliance, and Payments leadership to move opportunities from a hypothesis to a funded, launched, revenue-generating product line. Use your opportunity assessment and market sizing rigor, customer discovery expertise, and ability to operate independently in ambiguity to expand the Procore Pay product and open new revenue streams for Procore. This is a rare chance to shape a strategically critical, high-growth part of Procore's business with real autonomy and executive visibility - apply today.

This position reports into the Director of Product Management, Procore Pay and will be based in our Austin, TX office. We're looking for someone to join us immediately.

What you'll do:
  • Lead opportunity assessments for new markets and segments, sizing the opportunity and making a clear, defensible recommendation on whether and how Procore should enter.
  • Validate product-market fit for existing Procore Pay capabilities in new markets, defining the discovery plan, entry criteria, and evidence required before we commit resources.
  • Craft the vision, opportunity assessments, and product briefs for your area, explaining the "why" with sound logic that holds up to executive scrutiny.
  • Take large, ambiguous strategic initiatives and break them into logical, sequenced phases that deliver value to customers along the way.
  • Lead discovery with customers, prospects, and industry participants, facilitating workshops with department leaders and directors and synthesizing findings into actionable insights.
  • Partner with Engineering and UX as a peer leader to translate market strategy into requirements, anticipating risk factors across outcome potential, competitive landscape, technical feasibility, and user experience.
  • Drive go-to-market readiness with Marketing, Sales, Enablement, Support, Risk, and Compliance, designing release plans that generate fast learning through pilots and betas.
  • Define initiative-level customer and business outcomes, track progress against them, and communicate results in a compelling way across Procore.
  • Mentor product managers and contribute to hiring panels, raising the bar for product craft across the team.


What we're looking for:
  • 7+ years of product management or equivalent experience, including ownership of a large or strategically important product area.
  • Demonstrated track record of new market or new product entry: taking a small, unproven idea and developing it into a funded, launched, revenue-generating initiative.
  • Expertise in opportunity assessment, market sizing, and product-market fit validation, with the judgment to recommend against an opportunity when the evidence doesn't support it.
  • Expert command of discovery techniques through customer interviews, market and competitive analysis, prototype testing, and the ability to synthesize findings into trends others can act on.
  • Strong quantitative skills, with the ability to pull and analyze data independently and combine it with qualitative insight to make high-leverage decisions quickly.
  • Proven ability to work autonomously amid significant ambiguity, serving as the connective tissue when ownership is unclear and biasing toward forward progress.
  • Excellent written and verbal communication, with a history of building buy-in among senior stakeholders across multiple functions without formal authority.
  • Construction Compliance, Payments, fintech, or B2B marketplace experience strongly preferred; construction industry experience is a plus.


Additional Information

Base Pay Range:
198,240.00 - 272,580.00 USD Annual

This role may also be eligible for Equity Compensation and/or Bonus Incentive Compensation. Procore is committed to offering competitive, fair, and commensurate compensation. Actual compensation will be based on a candidate's job-related skills, experience, education or training, and location.

About Procore Technologies, Inc

About Procore

Revolutionizing Construction Management

Procore Technologies, founded in 2003 and headquartered in Carpinteria, California, stands at the forefront of construction management solutions. With a commitment to innovation and leadership in the field, Procore offers a comprehensive cloud-based platform designed to streamline construction projects.

A Global Presence

Boasting over 1.6 million users across more than 125 countries, Procore has cemented its reputation as a leader in the industry.

Legacy of Success

The company's rapid growth trajectory and substantial funding underline its impact and the trust it has garnered from leading construction firms worldwide.

Career Opportunities at Procore

A World of Opportunity

Procore's dynamic environment offers a plethora of opportunities for professionals passionate about making a difference in the construction industry.

Building Careers

With roles ranging from technical product management to software engineering, Procore is on the lookout for talent ready to contribute to its mission.

Job Application Process

Your Path to Procore

Navigating the application process at Procore is straightforward, emphasizing transparency and opportunity for all candidates.

How to Apply

Details on submitting your application, crafting your resume to stand out, and tips for preparing for the interview process can be found on Procore’s website.

Leading Roles at Procore

There are several different roles at Procore. Some of the high-paying roles such as Account Executive, Technical Product Manager, and Senior Full Stack Software Engineer promise not just rewards but a chance to contribute to significant projects.

Company Culture and Values

Innovation at Its Core

An exploration of Procore's dedication to innovation, teamwork, and leadership in the construction tech industry.

Cultivating Success Together

How collaboration and a shared vision of success drive Procore's team to new heights.

Benefits and Perks

Beyond the Basics

Procore offers a competitive benefits package, including health care, retirement plans, and work-life balance initiatives. Inquiry with Procore’s HR department for more details.

Training and Development Programs

Investing in Your Growth

Procore is committed to employee advancement through professional development opportunities and training programs.

Employee Testimonials

Real Stories of Advancement

For insights and real stories from current and past employees at Procore, visit their profile on Glassdoor.

Connect with Procore

Visit Procore’s website for more detailed information on how to reach Procore's HR team and inquire about available positions, the application process, and more.
Learn more about Procore Technologies, Inc
Size
2,000 employees
Market Cap
$6.5 billion
Industry
Founded
2002
NASDAQ

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