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Senior Product Manager, Financial Infrastructure

Float - Toronto, ON, Canada - Hybrid - posted 2026-10-07

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Float is Canada's intelligent financial operating system, combining modern financial services and software to help businesses spend, save, and grow. Trusted by more than 10,000 Canadian companies, Float provides high-limit corporate cards, automated expense management, next-day bill payments, high-yield accounts, and industry-leading support. The company recently raised a $85 million Series C and is backed by world-class investors including Inovia Capital, Growth Equity at Goldman Sachs Alternatives, OMERS Ventures, and Silicon Valley Bank. You will own the financial infrastructure roadmap end-to-end, managing the rails that move money into, out of and across Float: financial ledgering, financial accounts, payment rails (EFT, wires, ACH, cross-border and FX) and card infrastructure. Reporting to the GM of Banking, you'll work across three engineering squads to build and maintain the infrastructure behind Float's corporate cards, payments, FX and banking products. Key responsibilities include: owning the Financial Infrastructure roadmap end-to-end (sizing, sequencing, delivery, launch and iteration); making payment health measurable and continuously improving success rates, processing speed, failure recovery and reconciliation; evaluating and managing infrastructure partners with the Product Partnerships team; managing dependencies with banks, networks and processors; partnering closely with Engineering on APIs, data models, ledger interactions, controls and observability; making trade-off calls across customer experience, speed, reliability, risk, compliance, operational complexity and commercial impact; coordinating across card, payments and banking products; learning how finance leaders run payroll funding, tax remittance and multi-currency treasury; working with Risk, Compliance, Operations, Finance and GTM from the start; keeping leadership and partner teams informed across many projects; and using AI tools to speed up discovery, analysis, documentation and decision-making. You'll work with a designer, eight engineers and a product operations specialist focused on analytics and go-to-market planning. You'll think about the whole life of a payment — how it starts, how its status is communicated, what happens when it fails or is returned, and how customers and internal teams resolve exceptions. Float values customer obsession, ownership mentality, bold innovation, continuous learning, high standards, and collaborative teamwork. The company maintains a high-trust, high-performance culture with decentralized decision-making where all team members feel ownership in success. The hybrid work model is based in Toronto with in-office days for connection and collaboration. Benefits include competitive compensation, equity options, catered team lunches on Tuesdays through Thursdays, a dog-friendly office, and a high-trust, high-performance culture. REQUIREMENTS: - 5+ years in product management, with hands-on experience building and maintaining financial services infrastructure at a startup or scale-up - Direct ownership of financial ledgering, money movement or payments products - Experience leading a major infrastructure change (such as moving volume to a new bank partner or replacing a core system) while keeping customers and compliance whole - Strong project management across external partners with their own timelines - Clear, proactive written communication; people know where things stand before they ask - Comfort with engineering concepts such as APIs, data models, ledgers and observability - Practical examples of using AI in product work NICE TO HAVE: - Canadian or US payments experience, including EFT/ACH, Interac e-Transfer, bill payments and wires - Experience working directly with sponsor banks, payment processors and payment networks - Experience building business banking, treasury management, accounts payable or accounts receivable products

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