Engineering Manager, Financial Infrastructure & Banking

Float; Toronto; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A leading fintech company in Toronto is seeking an Engineering Manager for Financial Infrastructure & Banking to oversee systems that manage money and ensure regulatory compliance. This role requires strong technical judgment, with approximately 60% hands-on coding and 40% leadership of senior engineers. Ideal candidates will have over 12 years of engineering experience, especially in distributed systems and financial technologies, and a commitment to high accountability and correctness.

Benefits

Competitive compensation

Equity options

Hybrid work model

Catered team lunches

Dog-friendly office

Qualifications

• Strong experience in correctness-critical workflows.
• Comfortable pushing code in systems that handle real money.
• Startup or growth-stage experience preferred.

Responsibilities

• Own system for money movement and banking integrations.
• Lead and develop a team of senior engineers.
• Contribute to backend and infrastructure code.

Skills

Deep experience with distributed systems

Strong backend engineering skills (Python a plus)

Experience leading senior engineers

Experience with payments and financial infrastructure

Education

12–20+ years of engineering experience

Job description

About Float

Float is on a mission to simplify finance for Canadian businesses, empowering them to eliminate complexity and unlock new opportunities. Through our innovative platform, Float enables businesses to streamline financial operations and optimize cash flow, so they can focus on what matters most: growth.

As one of Canada’s fastest growing companies and top-rated startups in 2024 and 2023, Float is customer-obsessed, passionate and entrepreneurial, with a team that includes leaders from Uber, Shopify, Top Hat, TouchBistro, and Ada.

At Float, everyone is an owner, bringing their unique perspective to our team and product. Your voice is important, and we take having a culture based on feedback seriously. We openly share our thoughts and differing opinions so we can continue to improve. We do our best to keep our decision‑making decentralized so that all team members feel ownership in our success.

Our Product

Float is Canada's complete business finance platform, combining modern financial services and software to help businesses spend, save, and grow. Trusted by 5000+ Canadian companies, Float provides high‑limit corporate cards, automated expense management, next‑day bill payments, high‑yield accounts and fast, friendly support—all built in Canada, for Canada. Float is backed by world‑class venture and fintech investors, including Growth Equity at Goldman Sachs Alternatives and OMERS Ventures, partners behind our $70 million Series B raise.

Our team is a collection of ambitious, collaborative and mission‑driven people from all walks of life but with one goal: helping Canadian companies not just survive but thrive. And we’re looking for bold innovators to help shape the future of business finance in Canada.

About the Role

We’re hiring an Engineering Manager for Financial Infrastructure & Banking to lead one of Float’s most correctness‑critical engineering domains.

This team owns systems that move money, manage banking integrations, maintain ledger correctness, and ensure Float can safely scale financial operations. The blast radius is high — mistakes here directly impact customer trust, funds, and regulatory posture — which is why this role requires exceptional technical judgment and seniority.

This is a player‑coach role. You’ll spend roughly 60% of your time hands‑on in the codebase and systems, and 40% leading and developing engineers, partnering closely with Product and Risk.

If you’re energized by high‑stakes systems, deep technical ownership, and leading senior engineers in complex environments — this role is for you.

What You’ll Be Responsible For

Lead Correctness‑Critical Financial Systems

• Own systems related to money movement, banking rails, ledgering, reconciliation, and financial operations.
• Ensure correctness, reliability, and safety across all financial workflows.
• Make sound architectural and delivery decisions under regulatory and commercial constraints.

Hands‑On Technical Leadership (60%)

• Contribute directly to backend and infrastructure code.
• Review designs and PRs for correctness, reliability, and scalability.
• Debug complex production issues and lead incident response when required.

People Leadership & Team Health (40%)

• Lead, coach, and develop a team of senior engineers.
• Build trust quickly with highly experienced ICs.
• Establish strong operating rhythms, clarity, and accountability.

Roadmap & Cross‑Functional Partnership

• Partner with Product to run dual‑track roadmaps (commercial commitments + technical foundations).
• Work closely with Risk, Compliance, and Platform teams.
• Communicate risk and trade‑offs clearly to stakeholders.

About You

You’ll thrive at Float if you:

• Put customers first, especially when trust and money are involved.
• Act like an owner and take responsibility for outcomes.
• Stay calm and decisive under pressure.
• Balance speed with correctness.
• Lead with clarity, humility, and technical credibility.

In addition, you bring:

• 12–20+ years of engineering experience, including senior technical leadership.
• Deep experience with distributed systems and correctness‑critical workflows.
• Experience with payments, banking, ledgering, or financial infrastructure (preferred).
• Strong backend engineering skills (Python a plus).
• Comfort pushing code in systems that move real money.
• Experience leading senior engineers in high‑trust environments.
• Startup or growth‑stage experience.

This may not be the role for you if…

• You prefer low‑risk product development.
• You are uncomfortable being hands‑on.
• You struggle with ambiguity or high accountability.
• You rely on policy instead of technical judgment.

Why You Should Join

• Work at one of Canada's fastest‑growing fintech companies
• Make a real impact in a high‑autonomy, high‑growth role
• Collaborate with an ambitious and supportive team
• Competitive compensation, equity options, and benefits
• Hybrid work model – we are based in Toronto with in‑office days for connection and collaboration
• Enjoy catered team lunches every Tuesday, Wednesday and Thursday
• Bring your pup to our dog‑friendly office
• Thrive in a high‑trust, high‑performance culture where your work truly matters

In Short

At Float, you’ll thrive if you’re bold, curious, and eager to make a real impact. We're building something special—and having a lot of fun along the way. If you’re excited to build, grow, and win together, we’d love to meet you.

We’re committed to building a workplace that’s welcoming and accessible for everyone. If you need any accommodations during the hiring process or once you join Float, just let us know! You can reach out to Vic ([e-mail]), and we’ll work with you to make sure you have what you need to succeed.