Senior Product Manager - CBMM (Cross-Border Money Movement)

What is Cobre and what do we do

Cobre is Latin America’s leading instant b2b payments platform. We solve the region’s most complex money movement challenges by building advanced financial infrastructure that enables companies to move money faster, safer, and more efficiently.

We enable instant business payments—local or international, direct or via API—all from a single platform.

Built for fintechs, PSPs, banks, and finance teams that demand speed, control, and efficiency. From real-time payments to automated treasury, we turn complex financial processes into simple experiences.

Cobre is the first platform in Colombia to enable companies to pay both banked and unbanked beneficiaries within the same payment cycle and through a single interface.

We are building the enterprise payments infrastructure of Latin America!

What we are looking for:

As a Senior Product Manager for CBMM, you will own the cross-border fabric that enables clients to move money seamlessly across currencies and geographies with speed, transparency, and reliability that exceeds traditional banking rails. You'll define and execute a product roadmap that transforms how businesses access liquidity, manage FX risk, and execute cross-border payments across Latin America.

You'll integrate into a cohort of elite product leaders and collaborate dynamically across departments to synchronize strategies and build a unified roadmap for Cobre's product vision, driving innovation in FX products, liquidity management, and corridor expansion.

What would you be doing:

Product Discovery & Strategy

• Lead structured discovery for new CBMM products (forwards, swaps, synthetic currencies, etc) and geographic corridor expansions
• Form and validate hypotheses around client needs for cross-border flows, FX risk management, and treasury optimization
• Run lean experiments to test new currency pairs, pricing models, and settlement speeds—making data-driven go/kill decisions
• Partner with sales, compliance, legal, and treasury teams to understand market dynamics, regulatory constraints, and competitive landscape

Strategic Roadmapping

• Build and communicate a clear CBMM roadmap that balances customer impact (settlement speed, pricing transparency, corridor coverage), technical feasibility, and business priorities (revenue, margin expansion, risk management)
• Prioritize product expansion based on validated client demand, total processed volume (TPV) potential, and strategic fit
• Define product strategy for FX products (spot, derivatives, post-funded operations, etc) aligned to ideal customers profile needs

Prioritization & Delivery

• Own the backlog and performance indicators for the CBMM squad, ensuring every feature drives key metrics: monthly CBMM revenue, cross-border TPV, settlement speed, client adoption, and net dollar retention
• Balance innovation (new corridors, new products) with optimization (spread compression, liquidity efficiency, operational excellence)
• Collaborate with the platform core squad to ensure primitives (new currency pairs, liquidity APIs, etc) ship 1-2 months ahead of CBMM product launches

Data-Driven Decision-Making

• Establish dashboards tracking CBMM performance: Processed volume by corridor, spread margins, settlement times, client churn, etc
• Leverage analytics to optimize pricing (eg spread structures), identify high-value corridors, and validate product-market fit
• Monitor competitive landscape and adjust pricing/product strategy to maintain top-3 positioning in core markets

Cross-Squad Orchestration

• Partner with Pay-Ins squad on hybrid collection flows (3rd-party collections → CBMM → local payouts)
• Collaborate with Pay-Outs squad on cross-border disbursements (CBMM → international payouts)
• Work with Stablecoins squad on stablecoin-fiat conversion flows (USDc → CBMM → COP payouts)
• Coordinate with Platform Core on banking integrations, liquidity infrastructure, and API standardization

Operational Excellence & Risk Management

• Define standards under Service Level Agreements (SLAs) for settlement speed (target: <3 min p95 for standard corridors), error rates (<0.1%), and uptime (>99.5%)
• Partner with treasury and finance teams to manage liquidity pools, FX exposure, and credit risk 
• Monitor transaction health, coordinate incident response, and implement corrective actions to protect client trust
• Ensure compliance with corridor-specific regulations (Banco de la República, CNBV, Banxico) in partnership with Legal/Compliance teams

Stakeholder Communication

• Keep stakeholders informed on CBMM performance, experiment results, corridor validation outcomes, and necessary pivots
• Present complex FX concepts (forwards, swaps, options) with clarity to non-technical audiences
• Tie every update back to strategic goals: revenue growth, market penetration, competitive differentiation

What do you need:

Required Experience

• Proven track record as a Product Manager in fintech, with deep expertise in cross-border payments, FX products, or treasury management
• Experience managing high-volume B2B payment flows, ideally in emerging markets or multi-currency environments
• Strong understanding of FX markets: spot, derivatives, hedging, liquidity management, spread dynamics
• Familiarity with payment rails (SWIFT, SPEI, Bre-b, ACH) and regulatory frameworks (AML/KYC, central bank rules)

Product Skills

• Expert in product discovery and agile squad models (build–measure–learn)
• Data-driven decision-making: defining metrics, building dashboards, running pricing experiments
• Roadmapping & prioritization: balancing customer impact (settlement speed, pricing), technical feasibility (banking integrations, liquidity infrastructure), and business goals (margin expansion, corridor coverage)
• Strong Jobs-to-be-Done mindset: you understand why clients need cross-border flows and design products that solve real treasury pain points

Technical Fluency

• Fluency in technical conversations is a must: you design with APIs, FX logic, and banking rails in mind
• Active partnership with engineers to address challenges at the systems level: liquidity routing, product mechanics settlement optimization, etc
• Comfortable discussing ledger schema changes, multi-currency accounting, and transaction reconciliation with engineering teams

Communication & Collaboration

• Excellent communication skills in English and Spanish, with the ability to align diverse stakeholders (sales, treasury, legal, finance, compliance, engineering)
• Present complex FX concepts with clarity to technical and non-technical audiences
• Strong cross-functional leadership: you orchestrate multi-squad initiatives (CBMM + Pay-Ins, CBMM + Stablecoins) without owning all execution.

Bonus Qualifications

• Experience in Latin American payments or treasury management
• Familiarity with stablecoins, crypto on/off-ramps, or DeFi liquidity pools
• Prior experience scaling cross-border payment products from $1M to $50M+ monthly TPV
• Background in risk management, treasury operations, or FX trading

Why Join Cobre?

Build at Scale

• Own the product roadmap for Cobre's fastest-growing vertical (CBMM is our primary growth engine)
• Your work will directly impact hundreds of clients moving $500M+ monthly across borders

Tackle Hard Problems

• Design innovative FX products that provide Cobre a competitive edge
• Optimize liquidity pools to compress spreads while maintaining healthy margins
• Navigate complex regulatory environments (Banco de la República, Banxico) to launch new corridors
• Build differentiated products on top of owned infrastructure that create long term moats

Drive Real Impact

• Directly influence CBMM revenue, TPV, client retention, and competitive positioning
• Clear metrics tie your work to business success: monthly revenue targets, settlement speed SLAs, client adoption rates

Innovate in Autonomy

• Thrive in empowered squads, running bold experiments (new corridors, pricing models, FX products) and rapid iterations
• Make data-driven go/kill decisions on corridor expansion, product launches, and feature prioritization

Collaborate with the Best

• Join a cohort of elite product leaders, synchronizing strategy across Pay-Ins, Pay-Outs, Stablecoins, and Connect to deliver a unified cross-border experience
• Partner with world-class Treasury, Finance, and Engineering teams to turn complex FX challenges into competitive advantages