Senior Product Manager, Financial Products

Floatfinancial; Toronto; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

Join a dynamic team at a forward-thinking company that is revolutionizing business finance in Canada. As a Senior Product Manager, you will lead the development of innovative financial products that empower small and mid-sized businesses. This role offers the chance to shape the future of finance while collaborating with a passionate team. Enjoy a culture of feedback, autonomy, and a commitment to customer satisfaction. If you're ready to make a significant impact in a fast-paced environment, this is the perfect opportunity for you.

Benefits

Competitive compensation & total rewards

Flexible time off

Catered lunches

Personal Float card stipend

Home Office stipend

Autonomy to make an impact

Opportunity to work with a world-class team

Dog-friendly office

Qualifications

• 5+ years of product management experience in financial technology.
• Experience building and launching financial products.

Responsibilities

• Contributing to the roadmap for financial products at Float.
• Owning the end-to-end development of financial products.

Skills

Product Management

Financial Technology

Payments

Banking

Data Analysis

Cross-Functional Communication

Job description

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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 4,000 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 Senior Product Manager, Financial Products Role

We are seeking a talented and driven Senior Product Manager to join our growing Financial Products team. You will play a pivotal role in expanding Float’s financial services and products to empower small and mid-sized Canadian businesses. From payments and banking infrastructure to risk decisioning to treasury solutions, you’ll help design and build financial products that enhance how businesses move and manage money. This is an exciting opportunity to get in at the ground level on one of the fastest-growing teams in Canada and shape the future of business finance.

As a Product Manager at Float, your responsibilities will include:

1. Product Strategy: Contributing to the roadmap for financial products at Float. Conducting market research, identifying customer needs, and working with Float’s leadership to align on our go-forward strategy for financial services.
2. Financial Product Development: Owning the end-to-end development of financial products, including payments, deposits, treasury management, and new financial services. Collaborating with engineering, operations, and compliance teams to deliver safe, scalable, and innovative financial solutions.
3. Banking & Payments Infrastructure: Partnering with external financial institutions, banking providers, and payment networks to build seamless and compliant financial experiences for customers.
4. Risk & Compliance Considerations: Working closely with compliance, risk, and legal teams to ensure that Float’s financial products adhere to regulatory requirements while maintaining a great customer experience.
5. Data-Driven Decision Making: Utilizing data and analytics to make informed product decisions. Analyzing transaction patterns, conducting A/B testing, and leveraging key metrics to measure the success and impact of financial products.
6. Customer-Focused Development: Engaging with customers to understand their financial needs and pain points. Gathering insights from businesses to inform product strategy, pricing, and feature development.
7. Product Adoption & Go-To-Market: Working with marketing, sales, and customer success teams to drive adoption and engagement of Float’s financial products.

You’ll Be Great In This Role If

1. You’ve got the experience. We’re looking for a minimum of 5 years of product management experience in financial technology, payments, or banking and 7 years of overall product management experience.
2. You have experience building and launching financial products that involve lending, credit, payments & banking.
3. You understand the financial ecosystems in North America. You have a strong grasp of how financial services work, including payments processing, EFT/ACH, bank integrations, and KYC/KYB, risk and compliance considerations.
4. You’re motivated by building impactful financial solutions. You’re passionate about helping businesses manage money more efficiently and have an eye for identifying gaps in financial services for SMBs.
5. You’re a strong cross-functional communicator. You can work effectively with engineering, compliance, risk, and operations teams to navigate the complexities of financial product development.
6. You’re data-driven. You can analyze financial data, transaction flows, and customer behaviour to inform product decisions and continuously optimize for better outcomes.
7. You’re comfortable working with financial partners. You have experience (or a strong interest) in working with banking partners, payment networks, and financial institutions to deliver seamless financial products.
8. You’re a builder. You’ve been a Product Manager at a growing startup, have experienced the growing pains of scaling before, and want to join another early-stage company to do it all again.
9. You believe the customer comes first. You’ll advocate endlessly for our customers and have a natural curiosity to understand their financial needs.

This Role Won’t Be a Fit If

1. You haven’t built financial or payments-related products before.
2. You don’t have a bias for action.
3. You aren’t an outstanding cross-functional communicator.
4. You don’t have strong stakeholder management skills.
5. You aren’t ready to roll up your sleeves and ship.
6. You aren’t comfortable with ambiguity.
7. You don’t like to work asynchronously or in a hybrid environment.
8. You aren’t super passionate about helping Float build the best financial platform for businesses in Canada.

We are open to hiring anywhere within North America. For those outside of the Greater Toronto Area (GTA), there would be regular travel required to work with the team in person.

Don’t meet every single requirement?

If you’re excited about this role and strongly align with our values but your past experience doesn’t align perfectly, we encourage you to apply anyway. You may be the right candidate for this or other future positions.

Benefits & Perks Of Working At Float

• Competitive compensation & total rewards
• Flexible time off when you need to recharge
• Catered lunches on Tuesdays & Wednesdays
• A personal Float card with a quarterly stipend to spend on what matters most to you as well as a Home Office stipend
• Lots of autonomy to make an impact
• Opportunity to work with and learn from a world-class team
• A dog-friendly office
• Being able to say you helped build Canada's best modern financial institution

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.