Product Manager II - US Derivatives

Payward - the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.

About the Team

Founded in 2011, Kraken is one of the world's longest-standing crypto platforms, trusted by over 10 million individuals and institutions across the globe. It offers spot trading, margin, futures, staking, and OTC services, with products built for both individual investors and institutional clients. The Derivatives Product Team is responsible for driving the derivatives roadmap and strategy forward to deliver our clients a best-in-class derivatives exchange. Our team builds a range of derivatives services including the derivatives trading engine, trading APIs and UIs, and the products that trade on them.

Responsibilities

• Assume ownership of the prediction markets and event-based contracts product roadmap, functional design, and competitive strategy.
• Lead relevant working groups including front-end applications and APIs from ideation to product launch.
• Work closely with Engineering, Design, Operations, Compliance, and other product managers to manage priorities within the working group and balance the needs of internal stakeholders on the product roadmap.
• Contribute to the development of the strategy, roadmap, and business plan for prediction markets, event-based contracts, and other US derivative products.
• Perform research to gain market insights across the industry.
• Perform User Acceptance Testing and ensure that engineering work has been built to meet the requirements laid out.
• Help to manage engagement with customers, internal and various other external parties.
• Evangelize the power of analytics and experimentation in building a data-driven organization.

Requirements

• Working knowledge of US CFTC-based derivative products, including but not limited to event-based contracts and strong understanding of market design and structure.
• Previous experience building out US derivative trading products for institutional and/or retail clients.
• Proven track record of leading cross-functional teams to deliver complex, high-impact products.
• Familiarity with flow of funds within different parties that engage with US-based derivatives products and crypto-native spot products.
• Previous product management experience, with a minimum of 1 year in crypto and/or forex/brokerage industries; preferably derivative-focused offerings.
• Strong knowledge of global crypto derivative offerings across traditional markets and crypto-native CeFi & DeFi.
• Exceptional communication, stakeholder management, and the ability to distill complex ideas.

Pay

Compensation Range: $96K - $192K