Five Below

Sr. Product Manager

Five Below$110K — $130K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of IT experience
  • 3+ years of product management in an Agile setting at a large retail organization
  • Experience with Oracle Xstore or similar enterprise POS systems
  • Hands-on knowledge of payment processing integrations and compliance standards (PCI DSS, EMV)
  • Familiarity with corporate system integrations and retail platforms (loyalty, CRM, etc.)
  • Strong vendor management skills with certification process experience
  • Effective communicator with strong organizational skills

Responsibilities

  • Own the product roadmap for payments and corporate systems integrations connected to POS.
  • Manage relationships and technical roadmaps with payment processors and gateways like Verifone and Worldpay.
  • Ensure reliable data flow through integration layers with various store systems.
  • Define requirements for Five Below's proprietary Store Health and Retail Control Tower solution.
  • Collaborate with Oracle implementation teams on the Xstore migration.
  • Maintain and prioritize a backlog of business requests for integrations.
  • Lead structured design sessions with cross-functional teams to define technical capabilities.
  • Serve as the communication point for escalated issues related to payments and integrations.

Benefits

  • Comprehensive health coverage
  • Financial and personal wellness support
  • Opportunities for career development
  • Flexible working arrangements in the Philadelphia area
  • Access to on-site office labs for testing and development
Full Job Description
Job Responsibilities:
  • Owns the product roadmap for payments and corporate systems integrations connected to POS, driving requirements, prioritization, and delivery for the backend and integration components of the Xstore implementation in partnership with engineering and systems integration partners.
  • Manages the strategic relationship and technical roadmap with payment processors and gateways (Verifone, Worldpay), including device certification, EMV/tokenization compliance, and PCI DSS requirements.
  • Owns the integration layer connecting into Xstore and other store systems (loyalty, gift card, tax, and other enterprise/back-end integrations), ensuring reliable data flow.
  • Owns the product roadmap for Five Below's proprietary, in-house Store Health and Retail Control Tower solution, partnering with internal engineering to define requirements for store performance monitoring and operational exception management.
  • Partners with Oracle implementation teams and internal stakeholders on the Xstore migration, ensuring payments and backend integration requirements are represented throughout design, testing, and rollout.
  • Maintains a register of business requests specific to payments and corporate systems integrations; prioritizes requirements, develops the product roadmap, and owns the backlog for this domain.
  • Facilitates structured design sessions and workshops with cross-functional stakeholders (Store Operations, Loss Prevention, Finance, IT) to define technical capabilities and business processes for complex payments and integration initiatives.
  • Serves as an escalation and communication point for business-impacting incidents related to payments or integrations; ensures timely, business-language communication to leadership.
  • Monitors the external environment for emerging payment and integration technologies, informing the long-term systems capability strategy.
  • Provides guidance on financial planning for this domain, including investment appraisals (ROI) for payments and integration initiatives, and monitors costs, timelines, quality, and resources against agreed tolerances.

Qualifications:

5+ years IT experience

3+ years' experience in product management or product ownership on an Agile team, required at a large retailer operating 1,000s of doors and devices

Experience with Oracle Xstore, or a comparable enterprise POS platform, required; this role's focus is on backend payments and corporate systems integrations

Hands-on experience with payment processing and gateway integrations (Verifone, Worldpay, or comparable processors); working knowledge of PCI DSS, EMV, and tokenization standards

Experience integrating corporate/enterprise systems into a POS or broader retail platform (loyalty, gift card, tax, CRM, or similar) strongly preferred

Experience with payment terminal and device technology

Actively maintains specialist knowledge in the following areas:
  • Payments and common POS systems integrations (payment gateways, tender types, loyalty, and other back-end integrations)
  • Exception-based reporting and loss prevention (Agilence or comparable third-party platform)
  • Store health and operational exception monitoring (Five Below's proprietary Retail Control Tower)

Experience with the following systems preferred...
  • Inventory & Fulfillment (Manhattan Active Omni)
  • Oracle Xstore
  • Verifone Payment Terminals (M400, M425)
  • Oracle Retail Customer Engagement (ORCE)
  • Roadmap and Agile project management tools (Jira, Aha!)

Strong vendor management experience, including certification processes and ongoing partner relationships

Must be based in or commutable to the Philadelphia, PA area; regular on-site presence required to use the office labs for testing and development of payment devices and backend integrations

Strong experience defining product requirements, including functional requirements and supporting non-functional requirements

Background in product roadmap management, both development and execution of a long-term vision

Ability to...
  • develop a clear, complete understanding of stakeholder needs and problems through careful listening, probing, encouraging, or summarizing and documenting them using natural language
  • develop and deliver communications (both oral and written) that have clarity and impact
  • establish and maintain effective relationships with cross-functional stakeholders and vendors

Dedication to exceeding customer expectations and requirements

Effective time management and organizational skills with the ability to operate in a fluid, fast-paced environment

BA or BS degree in MIS, Computer Science, or related area preferred

Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered-check it out today! benefits.fivebelow.com/public/welcome

About Five Below

Five Below is a discount store chain that sells products that cost up to $5. The company was founded in 2002 by David Schlessinger and Tom Vellios. The company's target market is teenagers and pre-teens, but it also has products for adults. The company has over 1,000 stores in 38 states. The company's revenue has been steadily increasing over the years, and it has been expanding its store count. The company went public in 2012.
Learn more about Five Below
Size
6,100 employees
Market Cap
$9.6 billion
Industry
Net Income
$109.8 million
Founded
2002
5 Year Trend
+23.3%
Revenue
$1.7 billion
NASDAQ

Similar Jobs

More Jobs at Five Below

More Retail & Consumer Goods Jobs

Find similar Sr. Product Manager jobs: