Senior Product Manager — Balance

What's the Opportunity?

Every payin and payout at Confidencial (Apenas para Cadastrados) runs through Balance. It's not a feature it's the core infrastructure that determines whether a merchant can process a transaction at all. The Balance squad owns the engine that sits behind every currency, every country, every settlement window, and every overdraft decision across the platform.

We are looking for a Senior Product Manager to own and evolve the Balance squad. Your mission: make Confidencial (Apenas para Cadastrados)'s balance system the most reliable, flexible, and intelligent merchant money engine in emerging markets one that powers multi-currency balances, a structured overdraft product, and the post-transactional logic that drives split payments and complex settlement flows.

• Balance architecture. Own the balance strategy end-to-end: define how merchant funds are tracked, held, and made available across currencies, countries, and settlement windows. This is foundational infrastructure, decisions here ripple through every product in the platform.

• Overdraft product. Build and launch the overdraft product: design the pricing framework (daily negative balance fees, credit lines, availability charges), set guardrails in coordination with Treasury, Risk, and Revenue, and expose configuration to commercial teams via Fee Manager. Overdraft is already live informally, your job is to make it a real, scalable, monetizable product.

• Multi-balance. Define and implement multi-balance capabilities: allow merchants to hold and operate independent balances per currency (e.g., USD + LCY), ensuring payouts, FX conversions, and withdrawals pull from the right bucket at the right moment, without manual accounting hacks.

• Post-transactional flows. Own post-transactional flows including split payments: define how funds are allocated at the balance layer after settlement (BNPL flows, split models, PSP-to-merchant settlement). Coordinate with Platforms and Finance to ensure transactional balance accuracy matches real fund flows.

• Reconciliation. Drive balance reconciliation and operational accuracy: work with Finance and Engineering to ensure the balance engine reconciles daily, surfaces discrepancies early, and reduces manual interventions.

• Cross-functional ownership. Lead cross-functional squads, Engineering, Treasury, Finance, Risk, Revenue, and Compliance, to deliver. Bring structure to multi-team dependencies and keep things moving without formal authority.

• Product specs & technical depth. Write tight specs and work directly with Engineering on architecture decisions. The balance layer is complex and tightly coupled, you need to understand the system well enough to make confident calls.

• Measure what matters. Define success metrics, measure outcomes, and iterate. Ship fast, learn fast.

• PM depth. 5+ years in product management, owning the full lifecycle, discovery through delivery and optimization.

• Domain expertise. Fintech background: you've worked on payments infrastructure, ledger systems, settlement, treasury, or credit products. You know what a balance engine actually does.

• Technical fluency. Technical fluency: you've worked hands-on with REST APIs, read system design docs, and can make architecture trade-offs without engineering holding your hand.

• Autonomous by default. You set your own priorities, unblock dependencies, and push projects forward, especially in a complex, multi-team environment.

• Bias for action. You move, decide, and ship. The balance system has real merchants waiting on real features.

• Cross-functional ownership. You bring structure to messy, multi-team initiatives and keep them moving. Treasury, Risk, Finance, Engineering, Revenue, you coordinate all of them.

• IC mindset. Comfortable and motivated as an IC today, with real leadership potential for tomorrow.

• Work permit. EU citizen; This is a hard requirement. no exceptions.