Product Manager, Credit & Risk Engineering

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 https://www.theglobeandmail.com/business/rob-magazine/top-growing-companies/article-ranking-canadas-top-growing-companies-of-2024/ and top-rated startups in 2025 https://www.linkedin.com/posts/floatfinancial_were-proud-to-share-that-float-has-been-activity-7387093684720300032-2DDz/, 2024 https://www.linkedin.com/pulse/linkedin-top-startups-2024-15-canadian-companies-rise-linkedin-news-llihe/ and 2023 https://lnkd.in/TSU23CA, Float is customer-obsessed, passionate and entrepreneurial, with a team that includes leaders from Uber, Stripe, Shopify, Top Hat, Ada, Doordash, Snowflake, and Wealthsimple. 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 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, all built in Canada, for Canada. Float recently announced our $85 million Series C https://floatfinancial.com/press/float-financial-raises-cad-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. 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. AI USE IN OUR HIRING PROCESS We use technology, including artificial intelligence (AI), to support parts of our hiring process. This may include AI-assisted scheduling and candidate communications, and AI-generated interview notes, guides or summaries to help our team focus on the conversation. All hiring decisions are made by our hiring team. ABOUT THE ROLE Float is building the future of Canadian financial services — scaling a credit business powered by modern, innovative underwriting and monitoring infrastructure that will unlock new digital-first credit and financial products for Canadian businesses. Fraud detection, AML compliance, payments operations, and dispute resolution already run on this decisioning backbone today. What’s missing is a single owner. As the founding Product Manager for Credit & Risk Engineering, you’ll turn this shared decisioning and monitoring layer into a truly owned product: fast, accurate, and relentlessly efficient as volume scales. You’ll sit at the intersection of Float’s credit roadmap and growth funnel, sequencing a small engineering team across real infrastructure debt and a flagship new build — the FlexLine decisioning engine — while ensuring the systems you own keep Float’s day-to-day risk operations safe and scalable. WHAT YOU'LL DO - Own the roadmap and sequencing for the Credit & Risk Engineering squad across three domains — starting with the trade-off between paying down risk infrastructure debt and building the FlexLine decisioning engine. - Own the decisioning and automation systems that drive KYB/KYC approval speed and accuracy, delivered so Float's risk operations team can hit its approval-time targets. - Own the tooling behind fraud detection, AML compliance, payments operations, and dispute resolution — daily infrastructure the company already depends on. - Own risk decision operating cost per account as your team's primary efficiency metric, proving the systems scale without proportional headcount growth. - Own the in-app credit experiences — applying for credit, viewing balances and limits, setting up repayments — and their target speed, in support of Float's credit product roadmap. - Be the standing source of truth on where the credit product roadmap ends and credit-engineering scope begins, in ongoing partnership with the GM of Credit. ABOUT YOU HERE'S WHAT SETS YOU UP FOR SUCCESS AT FLOAT: - You Put Customers First, Always. You care deeply about delivering meaningful value. Whether you're building internal systems or customer-facing features, you're always thinking about how to make life better for our users. - You Act Like an Owner. You take responsibility for outcomes, step up to challenges, and seek solutions proactively—doing what's best for the business, not just your role. - You Think Big and Move Fast. You're energized by building from 0 to 1. You're not afraid to challenge the status quo, experiment quickly, and learn as you go. - You Constantly Learn and Grow. You're hungry to improve your craft and open to feedback. You bring a growth mindset to everything you do. - You Raise the Bar. You care about doing things well and efficiently. You balance speed with rigor and always look for ways to improve how we work. - You Win as a Team. You're a generous collaborator who values communication, context, and shared wins. You lift others up and help make the team stronger. WHAT YOU'LL BRING: - 5+ years of product management experience, with meaningful time personally owning a credit underwriting or risk-decisioning outcome — not just supporting one. - A track record building and owning infrastructure or internal-tooling products where another team, not an end customer, is who you're building for. - Real comfort operating inside compliance-heavy domains — KYB/KYC, transaction monitoring, fraud, AML, payments operations, or disputes. - An automation-first instinct: your default question is how a decision becomes automatic, not what the screen looks like. - Experience sequencing a roadmap under real capacity constraints, including saying no to work that looked mandatory. - Comfort negotiating and holding scope boundaries with senior, opinionated stakeholders you don't manage. THIS MAY NOT BE THE ROLE FOR YOU IF: - You want to spend most of your time on customer-facing product experiences — this role is almost entirely about the systems behind them. - You're energized by visible launches and find debt-paydown or "keep the lights on" work unrewarding — the first phase here is deliberately about stabilizing existing systems before new build. - You want one clear manager and one roadmap — this seat drives outcomes for three separate leaders (credit, growth, and risk operations) who each own a piece of the result. FLEXIBLE WORK MODEL Float is Toronto-based with a hybrid model: in-office collaboration days, plus occasional in-person time for workflow-discovery sessions. Remote candidates within Canada considered, with occasional travel to Toronto. OUR HIRING PHILOSOPHY We hire for character, curiosity, and learning velocity before credentials. Titles matter less than impact, and every hire is expected to raise the bar for Float as a whole. 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 https://www.linkedin.com/in/victoria-boult-b21b2053/ (victoria@floatfinancial.com), and we’ll work with you to make sure you have what you need to succeed.