Product Manager, Portfolio Margin and Risk

Portfolio Margin & Risk Framework

• Design and evolve a portfolio-based margin system spanning spot, futures, options, swaps, and structured derivatives.
• Translate scenario-based, shock-based, and correlation-based margin methodologies into scalable product requirements and operationalize VaR and Expected Shortfall.
• Implement portfolio-level offsets, concentration add-ons, liquidity haircuts, and regulatory overlays where applicable.

Pre-Trade Buying Power & Margin Impact

• Architect systems that estimate incremental margin impact before a trade is executed.
• Design APIs and internal tools that allow traders and clients to understand margin utilization in real time.
• Define logic for cross-margin eligibility and portfolio-level capital efficiency checks.

Instrument & Risk Data Architecture

• Define canonical instrument representations and ensure correct modeling of multipliers, expiries, funding mechanics, settlement types, and lifecycle events.
• Design position netting logic across accounts and sub-accounts.
• Partner with engineering to build real-time risk factor ingestion and portfolio aggregation engines while optimizing data source and normalization to support real-time recalculation.

Real-Time Risk & Margin Systems

• Architect real-time portfolio risk views for traders and risk managers and event-driven recalculation frameworks.
• Design margin call logic, risk thresholds, and liquidation workflows.
• Ensure the system behaves predictably and safely under stress scenarios and market dislocations.

Centralized Risk & Cross-Product Integration

• Drive the integration of margin engines with pricing, P&L, booking, and treasury systems.
• Partner with funding and treasury teams to align margin methodology with balance sheet and capital considerations.
• Align high-touch OTC and low-touch trading channels under a unified risk framework.

End-To-End Workflow Management

• Arcitect workflows spanning pre-trade margin estimation, trade execution, booking, portfolio aggregation, margin calculation, and reporting.
• Integrate across asset classes and trading styles (spot, perps, options, structured products).
• Ensure a consistent user experience across internal trading desks and institutional clients and across risk systems.

Cross-Functional Leadership

• Own roadmap development and margin methodology evolution.
• Lead tradeoff discussions across performance, capital efficiency, regulatory constraints, and usability closely with engineering, quant, trading, risk, treasury, compliance, and design teams.
• Drive delivery timelines and maintain strong feedback loops with front-office users.

AI Implementation

• Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
• Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

Qualifications

• Experienced: 7+ years in trading product, margin, derivatives, or risk systems across TradFi and crypto/fintech.
• Quantitative: Fluent in portfolio margin, VaR/ES, scenarios, correlations, stress tests, and Greeks.
• Systems-oriented: Understand instrument modeling, position aggregation, and real-time margin/risk engines.
• Margin-native: Know Reg-T vs portfolio margin, overlays, cross-margining, and capital efficiency.
• AI-native: Use AI daily for research, prototyping, docs, and solution design.
• Ambiguity-capable: Comfortable building in fintech or unclear bank environments.
• Trading-aligned: Partnered with traders; value latency, determinism, and simple workflows.
• Analytical & user-centric: Use data to prioritize for commercial impact and turn complex ideas into actionable requirements and successful products.

Benefits

Competitive base salary and discretionary bonus

Hybrid/Flexible Working Arrangements

Flexible Time Off (paid)

3% 401(k) company contribution

Company-paid health and protective benefits for employees, partners, and other dependents

Generous paid Parental Leave

Competitive family planning benefits for US employees

Opportunities to learn about the Crypto industry

Smart, entrepreneurial, and fun colleagues

Free daily snacks and weekly breakfasts/lunches

Employee Resource Groups

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