Product Manager - Settlements
Argentina (Remote) / Montevideo (Remote) / Spain / Brazil (Remote)
IT – Product /
Full Time /
Remote
Why should you join dLocal?
dLocal enables the biggest companies in the world to collect payments in 40 countries in emerging markets. Global brands rely on us to increase conversion rates and simplify payment expansion effortlessly. As both a payments processor and a merchant of record where we operate, we make it possible for our merchants to make inroads into the world’s fastest-growing, emerging markets.
By joining us you will be a part of an amazing global team that makes it all happen, in a flexible, remote-first dynamic culture with travel, health and learning benefits, among others. Being a part of dLocal means working with 1000+ teammates from 30+ different nationalities and developing an international career that impacts millions of people’s daily lives. We are builders, we never run from a challenge, we are customer-centric, and if this sounds like you, we know you will thrive in our team.
About the Settlements Product
The Settlements product at dLocal is at the core of our value proposition: ensuring that merchants receive their funds quickly, accurately, and transparently, regardless of currency or geography.
The product manages the end-to-end process of transferring available merchant funds to their bank accounts, supporting multiple settlement models, currencies, and regulatory requirements. It is critical for merchant trust, operational efficiency, and regulatory compliance, and is continuously evolving to support new business models, instant payments, and automation at scale.
Role Overview
We are seeking a Product Manager to lead the vision, strategy, and execution of dLocal’s Settlements product. You will own the full lifecycle of settlements—from fund availability, to withdrawal automation, reconciliation, and merchant reporting. This role sits at the intersection of product innovation, financial operations, and regulatory compliance, requiring close collaboration with engineering, treasury, finance, compliance, and merchant-facing teams.
What will I be doing?
- Define and drive Settlements' product vision, strategy, and roadmap, aligning with company goals and merchant needs.
- Own the end-to-end settlement experience: from real-time balance calculation to withdrawal requests, fund transfers, and settlement reporting.
- Partner with engineering to deliver scalable, reliable, and automated settlement flows, supporting multiple currencies, settlement models, and regulatory requirements.
- Collaborate with Treasury and Finance to automate settlement operations, reduce manual intervention, and ensure accurate, timely fund disbursement.
- Work with Compliance to ensure settlement processes meet local and cross-border regulatory standards, including reporting and safeguarding requirements.
- Engage with merchant-facing teams to understand pain points, gather feedback, and deliver clear, actionable settlement reporting and dashboards.
- Monitor and analyze settlement performance metrics (e.g., settlement speed, error rates, reconciliation gaps), driving continuous improvement.
- Lead migration initiatives to new balance and settlement systems, ensuring minimal merchant disruption and clear communication.
- Stay up-to-date on industry trends, regulatory changes, and new technologies impacting settlements in emerging markets.
What skills do I need?
- 5+ years of product management experience in payments, fintech, or financial operations.
- Experience in settlements, fund movements (cross-border, local, FX), treasury, or reconciliation is a plus.
- Experience designing and delivering automated, scalable products.
- Strong analytical skills; comfortable working with large datasets to identify patterns, gaps, and opportunities.
- Excellent cross-functional collaboration skills, especially with engineering, treasury, finance, and compliance.
- Proven ability to prioritize and deliver high-impact product changes in fast-paced, high-growth environments.
- Strong communication skills, with the ability to translate complex financial concepts into clear requirements and merchant-facing documentation.
- Fluency in English is required; Spanish or Portuguese is a plus.
What do we offer?
Besides the tailored benefits we have for each country, dLocal will help you thrive and go that extra mile by offering you:
- Remote work: work from anywhere or one of our offices around the globe!*
- Flexibility: we have flexible schedules and we are driven by performance.
- Fintech industry: work in a dynamic and ever-evolving environment, with plenty to build and boost your creativity.
- Referral bonus program: our internal talents are the best recruiters - refer someone ideal for a role and get rewarded.
- Learning & development: get access to a Premium Coursera subscription.
- Language classes: we provide free English, Spanish, or Portuguese classes.
- Social budget: you'll get a monthly budget to chill out with your team (in person or remotely) and deepen your connections!
- dLocal Houses: want to rent a house to spend one week anywhere in the world coworking with your team? We’ve got your back!
*For people based in Montevideo (Uruguay) applying to non-IT roles, 55% monthly attendance to the office is required
What happens after you apply?
Our Talent Acquisition team is invested in creating the best candidate experience possible, so don’t worry, you will definitely hear from us. We will review your CV and keep you posted by email at every step of the process!
