Product Lead- Collateral
for section headings. Use - for any list of duties/requirements/benefits. Use
for prose.
We must not create sections with filler like "commensurate with experience". Pay and Schedule must be included only if posting actually states them. Pay: base pay range $129,000 - $239,000 plus bonus etc. So we can include Pay section with that info. Schedule: location New York City or Toronto, hybrid work environment at least 3 days a week in-office. So Schedule section.
Benefits: list from What We Offer: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off, Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts, Paid parental leave, Fertility benefits, Paid bereavement leave, Company gift matching program, Employee resource groups, Paid volunteer days, Education Assistance Program, Robust job skills training and Professional development opportunities. Also mention equity, annual bonus/commission. Those are part of compensation but could be in Benefits or Pay? The instruction: Benefits section for benefits list. Pay for base pay range. We'll include benefits as list.
We must not repeat job title as heading. So headings: About the role, Responsibilities, Skills & Experience, Education & Experience, Benefits, Pay, Schedule.
We need to ensure we don't include headings with empty content. All have content.
Now craft HTML.
We'll need to parse the content.
About the role: combine "About The Role" paragraph and "Why This Role Is Important". So we can produce a couple paragraphs.
Paragraph 1: Nasdaq is seeking a Product Lead – Collateral to drive the development and growth of products in collateral services that work across Nasdaq Digital Liquidity networks. This role sits at the center of Nasdaq's Digital Collateral Ecosystem, combining traditional and tokenized collateral to deliver next-generation collateral management capabilities to buy-side and sell-side clients. The Product Lead will define and execute the product strategy that connects Nasdaq's Calypso Collateral Network, Canton Network connectivity, and DeFi/digital gateways, enabling clients to manage collateral across TradFi and DeFi environments with CDM-based smart-contract workflows for CSA exposure calculation, margin calls, optimization, and DvP settlement.
Paragraph 2: Collateral is fundamental to capital efficiency, liquidity, and risk mitigation across capital markets. As markets move toward tokenized and digital collateral—including stablecoins, tokenized securities, and money market funds—Nasdaq is positioned to lead the transformation of how collateral is mobilized, optimized, and settled. The Product Lead will be responsible for turning this vision into commercially successful products, ensuring Nasdaq's collateral solutions meet evolving client needs, regulatory expectations, and the demands of an increasingly digital market infrastructure.
Now Responsibilities: list from Key Responsibilities bullet points.
We need to capture each bullet as
- . The bullet points:
- Product Strategy & Roadmap: Define, develop, and position collateral product solutions in line with Nasdaq's strategy. Translate client and market needs into product requirements and roadmaps spanning traditional and digital/tokenized collateral, collateral optimization, eligibility and allocation logic, and connectivity across the Calypso Collateral Network and Canton/EVM environments. Work closely with FinTech product strategy to develop digital assets network services.
- Execution & Delivery: Manage all aspects of product execution—from scoping (products, legal agreements, collateral assets, custodians, growth opportunities) through target operating model design, business requirements definition, solution validation, UAT, and pilot/pre-production to production launch—ensuring adherence to timelines, budgets, and quality standards.
- Stakeholder Management: Lead cross-functional initiatives and collaborate with Technology, Product Delivery, Data, Operations, Sales, Legal, Risk, and Compliance. Support Sales and Relationship Management in client discussions and onboarding, and represent Nasdaq in industry working groups and client forums related to collateral and digital-asset innovation.
- Risk, Regulatory & Commercial: Ensure a strong understanding of risk, regulatory, and control requirements applicable to collateral, digital assets, and algorithmic components. Contribute to pricing, business cases, and go-to-market activities, and communicate collateral risks and product performance to senior stakeholders.
We'll keep as is.
Skills & Experience: list from Skills & Experience section. It has subheadings: Collateral Management (Core Competency), Triparty Services, Securities Services, Repo, Securities Lending & Borrowing, Additional Valued Skills. We need to capture each bullet as list items? The instruction: Use
- for any list of duties/requirements/benefits. So we should treat each bullet point as list item. However there are subheadings within Skills & Experience. We could either keep subheadings as
but not allowed; only for section headings. So we should flatten into list items, preserving the content. Could also keep subheadings as plain text inside
- . That's fine.
Thus we will create a
with each bullet as - . Let's extract bullet points:
From Skills & Experience:
- Collateral Management (Core Competency)
* Deep understanding of the end-to-end collateral management lifecycle, including margin call issuance and response, collateral movements, substitutions, disputes, and settlement.
* Strong command of margining, haircuts, eligibility rules, collateral concentration, and counterparty exposure management.
* Hands-on familiarity with collateral management systems and platforms (e.g., Calypso, Colline, Acadia/Margin Manager, TriOptima/TriResolve).
* Experience with collateral optimization and mobilization strategies to improve funding efficiency and capital usage across TradFi and digital collateral.
- Triparty Services
* Solid understanding of triparty collateral management flows and the roles of triparty agents, custodians, and clearing banks.
* Knowledge of bilateral, triparty, and sponsored collateral structures and how collateral is allocated, held, and optimized across them.
* Awareness of the operational and technology requirements needed to support triparty connectivity and interoperability.
- Securities Services
* Understanding of custody, asset servicing, settlement, and fund administration and how these functions interact with collateral operations.
* Experience and expertise with the securities lifecycle from trade through settlement and the associated market infrastructure.
* Appreciation of how securities services underpin collateral eligibility, mobilization, and client servicing.
- Repo
* Working knowledge of repo markets, financing structures, and collateral types used in repurchase agreements (bilateral, triparty, and sponsored repo).
* Understanding of GMRA documentation from an operational and collateral management perspective.
* Awareness of relevant regulation impacting repo and financing, including SFTR and Basel III/IV, and their implications for collateral practices.
- Securities Lending & Borrowing
* Understanding of securities lending and borrowing markets and how securities finance desks operate.
* Familiarity with the GMSLA framework and associated legal documentation from a collateral perspective.
* Knowledge of the collateral implications of securities financing transactions, including eligibility, margining, and reuse.
- Additional Valued Skills
* Experience in digital assets, tokenization, or DLT-based solutions, and understanding of ongoing market trends in crypto and tokenized assets.
* Business design leveraging algorithms, data, and AI concepts (business-level, not developer).
* Strong analytical, structuring, and stakeholder-management skills, with the ability to lead cross-functional initiatives in a fast-paced, dynamic environment.
* Exceptional communication and interpersonal skills, capable of managing relationships with senior executives and clients.
* Fluent English; additional languages an advantage.
We'll include each as
- . Might be long but okay.
Education & Experience: paragraph: "Bachelor's degree or the equivalent combination of education and experience is required; an advanced/graduate degree is preferred. 5–7 years of experience within the financial sector, spanning product management and one or more of the collateral domains outlined above. Relevant certifications (e.g., PMP, PRINCE2) are advantageous. This position will be located in New York City or Toronto and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates."
But location/hybrid schedule we will move to Schedule section. So Education & Experience should exclude location/hybrid schedule. So we keep only education/experience and certifications.
Thus Education & Experience paragraph: Bachelor's degree or the equivalent combination of education and experience is required; an advanced/graduate degree is preferred. 5–7 years of experience within the financial sector, spanning product management and one or more of the collateral domains outlined above. Relevant certifications (e.g., PMP, PRINCE2) are advantageous.
Now Benefits: list from What We Offer benefits.
We need to extract benefits list:
- Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
- Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
- Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
- Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
- Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities
Also mention "Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive)" but that is compensation; could be in Pay or Benefits. We'll keep Pay for base pay range; maybe include bonus/equity in Benefits? But instruction: Benefits section for benefits list. Could include bonus/equity as part of Benefits? Might be okay but they said "Benefits" section for benefits list. The posting includes base pay range, bonus/commission, equity, comprehensive benefits. We'll put base pay range in Pay section. Bonus/equity could be in Benefits as part of compensation but maybe better to include in Benefits as they are part of total rewards. However they said "never create Pay/Schedule/Benefits sections unless the posting actually states them." The posting states base pay range, bonus/commission, equity, benefits. So we can have Pay (base pay range) and Benefits (including bonus, equity, and other benefits). But to avoid duplication, we could put bonus/equity in Benefits as well. However the instruction: "Prefer a few substantive sections over many thin ones." So maybe combine Pay and Benefits? But they said use headings for Pay, Benefits, Schedule. We'll follow that.
Thus Benefits section will include: generous annual bonus/commission (short-term incentive), equity (long-term incentive), 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $1
for prose. We must not create sections with filler like "commensurate with experience". Pay and Schedule must be included only if posting actually states them. Pay: base pay range $129,000 - $239,000 plus bonus etc. So we can include Pay section with that info. Schedule: location New York City or Toronto, hybrid work environment at least 3 days a week in-office. So Schedule section. Benefits: list from What We Offer: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off, Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts, Paid parental leave, Fertility benefits, Paid bereavement leave, Company gift matching program, Employee resource groups, Paid volunteer days, Education Assistance Program, Robust job skills training and Professional development opportunities. Also mention equity, annual bonus/commission. Those are part of compensation but could be in Benefits or Pay? The instruction: Benefits section for benefits list. Pay for base pay range. We'll include benefits as list. We must not repeat job title as heading. So headings: About the role, Responsibilities, Skills & Experience, Education & Experience, Benefits, Pay, Schedule. We need to ensure we don't include headings with empty content. All have content. Now craft HTML. We'll need to parse the content. About the role: combine "About The Role" paragraph and "Why This Role Is Important". So we can produce a couple paragraphs. Paragraph 1: Nasdaq is seeking a Product Lead – Collateral to drive the development and growth of products in collateral services that work across Nasdaq Digital Liquidity networks. This role sits at the center of Nasdaq's Digital Collateral Ecosystem, combining traditional and tokenized collateral to deliver next-generation collateral management capabilities to buy-side and sell-side clients. The Product Lead will define and execute the product strategy that connects Nasdaq's Calypso Collateral Network, Canton Network connectivity, and DeFi/digital gateways, enabling clients to manage collateral across TradFi and DeFi environments with CDM-based smart-contract workflows for CSA exposure calculation, margin calls, optimization, and DvP settlement. Paragraph 2: Collateral is fundamental to capital efficiency, liquidity, and risk mitigation across capital markets. As markets move toward tokenized and digital collateral—including stablecoins, tokenized securities, and money market funds—Nasdaq is positioned to lead the transformation of how collateral is mobilized, optimized, and settled. The Product Lead will be responsible for turning this vision into commercially successful products, ensuring Nasdaq's collateral solutions meet evolving client needs, regulatory expectations, and the demands of an increasingly digital market infrastructure. Now Responsibilities: list from Key Responsibilities bullet points. We need to capture each bullet as
- for any list of duties/requirements/benefits. So we should treat each bullet point as list item. However there are subheadings within Skills & Experience. We could either keep subheadings as
but not allowed; only
for section headings. So we should flatten into list items, preserving the content. Could also keep subheadings as plain text inside
- . That's fine.
Thus we will create a
- with each bullet as
- . Let's extract bullet points: From Skills & Experience: - Collateral Management (Core Competency) * Deep understanding of the end-to-end collateral management lifecycle, including margin call issuance and response, collateral movements, substitutions, disputes, and settlement. * Strong command of margining, haircuts, eligibility rules, collateral concentration, and counterparty exposure management. * Hands-on familiarity with collateral management systems and platforms (e.g., Calypso, Colline, Acadia/Margin Manager, TriOptima/TriResolve). * Experience with collateral optimization and mobilization strategies to improve funding efficiency and capital usage across TradFi and digital collateral. - Triparty Services * Solid understanding of triparty collateral management flows and the roles of triparty agents, custodians, and clearing banks. * Knowledge of bilateral, triparty, and sponsored collateral structures and how collateral is allocated, held, and optimized across them. * Awareness of the operational and technology requirements needed to support triparty connectivity and interoperability. - Securities Services * Understanding of custody, asset servicing, settlement, and fund administration and how these functions interact with collateral operations. * Experience and expertise with the securities lifecycle from trade through settlement and the associated market infrastructure. * Appreciation of how securities services underpin collateral eligibility, mobilization, and client servicing. - Repo * Working knowledge of repo markets, financing structures, and collateral types used in repurchase agreements (bilateral, triparty, and sponsored repo). * Understanding of GMRA documentation from an operational and collateral management perspective. * Awareness of relevant regulation impacting repo and financing, including SFTR and Basel III/IV, and their implications for collateral practices. - Securities Lending & Borrowing * Understanding of securities lending and borrowing markets and how securities finance desks operate. * Familiarity with the GMSLA framework and associated legal documentation from a collateral perspective. * Knowledge of the collateral implications of securities financing transactions, including eligibility, margining, and reuse. - Additional Valued Skills * Experience in digital assets, tokenization, or DLT-based solutions, and understanding of ongoing market trends in crypto and tokenized assets. * Business design leveraging algorithms, data, and AI concepts (business-level, not developer). * Strong analytical, structuring, and stakeholder-management skills, with the ability to lead cross-functional initiatives in a fast-paced, dynamic environment. * Exceptional communication and interpersonal skills, capable of managing relationships with senior executives and clients. * Fluent English; additional languages an advantage. We'll include each as
- . Might be long but okay. Education & Experience: paragraph: "Bachelor's degree or the equivalent combination of education and experience is required; an advanced/graduate degree is preferred. 5–7 years of experience within the financial sector, spanning product management and one or more of the collateral domains outlined above. Relevant certifications (e.g., PMP, PRINCE2) are advantageous. This position will be located in New York City or Toronto and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates." But location/hybrid schedule we will move to Schedule section. So Education & Experience should exclude location/hybrid schedule. So we keep only education/experience and certifications. Thus Education & Experience paragraph: Bachelor's degree or the equivalent combination of education and experience is required; an advanced/graduate degree is preferred. 5–7 years of experience within the financial sector, spanning product management and one or more of the collateral domains outlined above. Relevant certifications (e.g., PMP, PRINCE2) are advantageous. Now Benefits: list from What We Offer benefits. We need to extract benefits list: - Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off - Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts - Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave - Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days - Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities Also mention "Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive)" but that is compensation; could be in Pay or Benefits. We'll keep Pay for base pay range; maybe include bonus/equity in Benefits? But instruction: Benefits section for benefits list. Could include bonus/equity as part of Benefits? Might be okay but they said "Benefits" section for benefits list. The posting includes base pay range, bonus/commission, equity, comprehensive benefits. We'll put base pay range in Pay section. Bonus/equity could be in Benefits as part of compensation but maybe better to include in Benefits as they are part of total rewards. However they said "never create Pay/Schedule/Benefits sections unless the posting actually states them." The posting states base pay range, bonus/commission, equity, benefits. So we can have Pay (base pay range) and Benefits (including bonus, equity, and other benefits). But to avoid duplication, we could put bonus/equity in Benefits as well. However the instruction: "Prefer a few substantive sections over many thin ones." So maybe combine Pay and Benefits? But they said use headings for Pay, Benefits, Schedule. We'll follow that. Thus Benefits section will include: generous annual bonus/commission (short-term incentive), equity (long-term incentive), 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $1