At R2, we believe that small and medium businesses are the productive engine of society. Small and medium businesses (SMBs) make up over 90% of companies in Latin America, yet they face a trillion-dollar credit gap. Our mission is to unlock SMBs’ potential by providing financial solutions that are tailored to their needs. We are reimagining the financial infrastructure of Latin America - where SMBs financial needs are satisfied without ever having to go to a bank.

R2 enables platforms in Latin America to embed financial services that SMBs can then leverage (starting with revenue-based financing). We are a tight-knit team coming from organizations such as Google, Amazon, Nubank, Uber, Capital One, Mercado Libre, Globant, J.P. Morgan. We are entering a new phase of growth following a strategic investment from Ant International, focused on rapidly expanding our partner footprint, strengthening our credit and underwriting capabilities, and scaling our operations across multiple markets.

The Principal Product Manager is a senior individual contributor responsible for owning complex product areas end-to-end, driving measurable business outcomes, and partnering closely with Engineering, Data, Risk, and Commercial teams. This role operates with high autonomy and is expected to influence strategy while remaining deeply hands-on in execution.

This position is ideal for a product leader who thrives in fintech environments, understands credit, payments, or financial infrastructure, and can translate ambiguous problems into scalable product solutions for Brazil and many LATAM markets.

Key Responsibilities:

Own a core product domain with full accountability for customer, business, and operational outcomes.
Define and evolve a multi-quarter product strategy aligned with company goals, regulation, and scalability needs in Brazil.
Identify and size growth, efficiency, and risk-reduction opportunities using data and market insights.
Manage strategic relationships with external partners from evaluation through launch and optimization.
Lead end-to-end product discovery and delivery, from problem definition to post-launch optimization.
Create clear product documentation (PRDs, user stories, acceptance criteria) to enable strong execution.
Prioritize initiatives balancing customer value, risk, regulatory constraints, and business impact.
Partner with Engineering to ensure predictable delivery and long-term platform quality.
Define and track KPIs to measure performance, risk, and unit economics.
Use data, experimentation, and feedback to drive continuous improvement.
Collaborate with Data and Risk teams to ensure strong monitoring and insights.
Act as a strategic cross-functional partner across Engineering, Risk, Data, Ops, Legal, and Commercial.
Drive alignment and influence decisions across diverse stakeholders.
Communicate product vision, trade-offs, and progress clearly to leadership.
Build deep understanding of Brazilian customers, market dynamics, and regulatory context.
Integrate regulatory and cultural nuances into product decisions.
Engage directly with customers and partners to validate assumptions and solutions.

Experience:

10+ years of experience in Product Management, with significant experience in fintech, financial services, or financial infrastructure.
Demonstrated ownership of complex, high-impact products in regulated environments.
Strong experience working with Engineering, Data, and Risk teams on technically sophisticated systems.
Proven ability to operate autonomously, make high-stakes decisions, and be accountable for outcomes.
Excellent written and verbal communication skills in both English and Portuguese.
Strong analytical, structured thinking, and problem-solving capabilities.
Comfortable operating in ambiguous, fast-changing environments with incomplete information.

Strongly Preferred

Deep experience in the Brazilian and/or broader LATAM fintech ecosystem.
Exposure to credit products, underwriting, risk decisioning, fraud, or collections platforms.
Experience with B2B, platform, or API-driven products.
Track record of influencing product strategy beyond immediate team or domain.

Location: Sao Paulo, Brazil

Principal Product Manager - São Paulo, BR