Full-Time

Senior Product Manager

Relay Financial

Relay Financial

201-500 employees

Online banking platform for small businesses

Compensation Overview

CA$162k - CA$198k/yr

Toronto, ON, Canada

In Person

Category
Product (1)
Required Skills
Product Management
SQL
Data Analysis
Requirements
  • At least five years of product management experience, with a track record of shipping and owning products at scale
  • Proven ability to take ownership of a product area and influence broader strategy
  • Strong data competency with the ability to self-serve metrics and write basic SQL queries to support decision making
  • Excellent storytelling and communication skills: you bring clarity and inspire conviction across engineering, design, and business stakeholders
  • Experience working closely with engineering and design as part of a leadership trifecta to deliver polished, high-quality experiences
  • Demonstrated success working cross-functionally with Sales, Marketing, and Customer Experience teams to ensure effective launches and adoption
  • Comfort working in ambiguous environments while bringing structure and clarity where needed
  • Experimental & curious in your approach to product management (i.e. tooling, processes etc)
Responsibilities
  • Own impactful products end-to-end: define the vision, set the roadmap, and deliver high-impact outcomes shaping how SMBs understand, manage, and spend their money
  • Treat your product like a business: define and track KPIs, monitor performance, and make decisions rooted in data, customer insights, and company goals
  • Ship high-quality products from ideation to launch: partner closely with design and engineering as part of a leadership trifecta, raising the bar for usability, craft, and polish
  • Build and tell the story for your product: create clear narratives that inspire leadership, cross-functional partners, and customers; even in ambiguous situations
  • Stay deeply connected to SMB customers: immerse yourself in their workflows and pain points, ensuring we’re solving meaningful problems and delivering products that feel both intuitive and delightful
  • Collaborate cross-functionally: work with Sales, Marketing, and Customer Experience teams to ensure smooth go-to-market launches and strong adoption
  • Partner externally and internally: navigate and evaluate strategic partners while working across Relay as we grow our product offerings and build new capabilities
  • Champion product culture at Relay: bring curiosity, ownership, and a high bar for quality that elevates both the product team as a whole
Desired Qualifications
  • Have experience in fintech products.
  • You’ve joined a company at its early stages and have seen it through scale
  • You have experience working in a fintech startup
  • Are familiar with risk/fraud tools or credit underwriting frameworks.

RelayFi provides an online banking platform for small businesses by consolidating core banking actions—ACH transfers, wires, checks, and payouts from tools like PayPal, Stripe, and Square—into a single interface to simplify cash-flow management. It supports income tracking, expense management, and automated bookkeeping, helping users save time on financial tasks. RelayFi partners with Thread Bank to hold deposits with FDIC insurance up to $3,000,000 and offers deposits via a sweep program, while generating revenue from subscription fees and partner arrangements. The company aims to give small businesses a transparent, easy-to-use tool to manage finances so they can focus on growing their business.

Company Size

201-500

Company Stage

Series B

Total Funding

$51.6M

Headquarters

Toronto, Canada

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • 94% of surveyed SMB owners plan growth in 2026, fueling Relay Capital loan demand.
  • $32.2M Series B from Bain Capital Ventures in 2024 expands credit and APIs.
  • Federal Reserve 2026 survey shows rising loan demand from lower interest rates.

What critics are saying

  • Fundbox's 15%+ loan losses taint Relay Capital and halt product in 6-12 months.
  • Thread Bank's FDIC risk warnings disrupt core banking in 12-18 months.
  • Novo's free banking and 4-5% APY drive Relay churn in 3-6 months.

What makes Relay Financial unique

  • Relay offers up to 20 accounts and 50 Visa debit cards for team spending.
  • Relay integrates with QuickBooks Online and Xero for automated bookkeeping.
  • Relay is official banking partner of Profit First methodology by Mike Michalowicz.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

Paid Vacation

Paid Sick Leave

Parental Leave

Hybrid Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

4%
PR Newswire
Mar 31st, 2026
Relay launches Relay Capital with term loans up to $250,000 for small businesses

Relay, a small business banking platform, has launched Relay Capital, a new lending product line offering term loans from $1,000 to $250,000. Customers can prequalify based on their existing account activity, with applications reviewed in minutes and funds available within one to two business days upon approval. The launch addresses rising demand for business loans, highlighted by a recent Federal Reserve survey. A Relay survey of 1,000 US small business owners found 94% plan to grow this year, with key spending areas including new markets, product launches and hiring. Relay Capital integrates lending directly into the platform where businesses already manage their finances, eliminating traditional barriers like lengthy applications and documentation requirements. Funding is provided by Fundbox or its bank partner Lead Bank, subject to credit approval.

HiTechNectar
Mar 19th, 2026
Relay launches Relay Capital: unlocking growth for small businesses.

Relay launches Relay Capital: unlocking growth for small businesses. * Relay launches Relay Capital, unlocking frictionless access to capital and uninhibited growth for small businesses. * Term loans is the first launch under Relay Capital, an emerging product line offering greater financial flexibility to business owners. * With term loans, Relay customers can prequalify based on their existing account activity, review offers online in minutes, and receive funds upon approval in as little as one to two business days. NEW YORK, March 31, 2026 /PRNewswire/ - Relay ("Relay Financial Technologies, Inc."), the small business banking[1] and money management platform, today announced the launch of Relay Capital, bringing fast, flexible funding into the account where business owners already manage their finances. Customers can now prequalify for loans of $1,000 to $250,000 based simply on their Relay account activity.[2] Loan applications are reviewed in minutes and if approved, businesses can see the funds land in their accounts in as little as one to two business days. The launch of Relay Capital marks Relay's entrance into lending solutions. As the first feature launch, term loans give small businesses greater financial flexibility when they need it most. The announcement comes after a recent survey by the Federal Reserve revealed a nation-wide rise in demand for business loans in 2026, partially driven by lower interest rates and higher spending.[3] Yet for many small businesses, traditional lending options delay and complicate their money management. Lengthy applications, documentation requirements, and weeks-long approvals slow them down when they need to be nimble. And when loans are issued, they're often disconnected from the systems that owners use for day-to-day financial management. These traditional loan options make access to capital an obstacle course instead of fuel for growth. According to a Relay survey of 1,000 U.S.-based small business owners, 94% indicated they are planning to grow in the year ahead. Owners cited venturing into new markets (38%), new product launches (36%), and hiring (33%) as key spending areas.[4] Real estate investment company LS Funding Group used Relay Capital's term loans as a quick cash flow injection at a crucial time. "We are in the middle of a new acquisition and need to keep credit usage down," said owner Drew Hankins. "The quick application and funding were excellent. Exactly what we needed, when we needed it." Relay Capital is the frictionless lending solution that meets owners where they are by giving them easy access to capital so they can seize growth opportunities wherever and whenever they appear. "Most business owners have the vision for growth. The challenge is the upfront cost associated with it. Easy access to capital is the stepping stone they need to open their next location, launch a new product, or hire a key team member," said Yoseph West, Co-Founder and CEO of Relay. "Relay Capital is how we fuel those milestone growth moments for our customers. When small businesses can access the capital they need to grow, it's a win for our main streets and their communities." With this launch, Relay strengthens its commitment to small business cash flow clarity by bringing access to capital into the same platform where owners already manage their day-to-day banking[1], spending, and financial operations. This marks the latest step in the company's mission to equip self-made entrepreneurs with the tools they need to grow and claim a larger share of the economic value they help create. About Relay: Relay is an online banking platform that puts business owners in complete control of their cash flow. By helping them clearly understand what they're earning, spending, and saving, Relay empowers entrepreneurs to reach peak profitability. Disclaimer: Relay is a financial technology company and is not an FDIC-insured bank. Banking services not related to Relay term loans provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Discover more Machine Learning Search Engines Machine Learning & Artificial Intelligence [1] Relay is a financial technology company and is not an FDIC-insured bank. Banking services not related to Relay term loans provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. [2] Relay Capital funding is provided by Fundbox, an external third-party provider, or its bank partner, Lead Bank. All financing is subject to credit approval of a completed application. Fundbox and its bank partners base loan eligibility on their respective credit and risk policies, applicable legal requirements, and other business considerations. Financing may not be available in all states and may be subject to local restrictions where applicable. All loans are subject to credit approval and applicable terms and conditions. Borrowing involves fixed repayment obligations and applicable interest and/or fees. Approval timing based on typical experience; actual decision and funding times may vary. [3] Board of Governors of the Federal Reserve System, "Senior Loan Officer Opinion Survey on Bank Lending Practices," January 2026, federalreserve.gov/data/sloos/sloos-202601.htm [4] Relay, "Cash Flow Compass," accessed March 19, 2026, relayfi.com/cash-flow-compass SOURCE Relay Financial Inc. HiTechNectar send you the latest trends and best practice tips for online customer engagement: Receive Updates: HiTechNectar hate spams too, you can unsubscribe at any time.

PR Newswire
Feb 3rd, 2025
Entreprenista 100 Awards Now Accepting Applications From Accomplished Women Founders

The Entreprenista 100 Awards highlights the Top 100 Women Business Owners of 2024NEW YORK, Feb. 3, 2025 /PRNewswire/ -- The Entreprenista League, a leading membership community for ambitious, entrepreneurial women, is excited to announce its call for applications for its third annual Entreprenista 100 Awards

Owen Marble
Jan 12th, 2025
Relay Secures $32.2 Million to Assist Small Businesses in Managing Cash Flow

To pave the way for expansion into new areas, such as spend management, credit, and financial APIs, Relay recently closed a $32.2 million Series B round led by Bain Capital Ventures with participation from BTV, Garage, Industry Ventures, and Tapestry.

Eatatz
Jan 10th, 2025
Relay secures $24 million to support cash flow management for small businesses

To support expansion into new areas such as spend management and financial APIs, Relay closed a $24 million Series B round led by Bain Capital Ventures, bringing the total raised to $51.6 million.