
Product Manager, Crypto Brokerage
Paxos
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $172,000 - $202,000 per year
Tech Stack
About the role
- Own key areas of the Crypto Brokerage platform, combining domain depth in trading and execution with broad product responsibilities across discovery, roadmap, and delivery.
- Drive general product work such as problem discovery, customer research, hypothesis definition, and prioritization, not just trading‑engine features.
- Design and refine order and execution flows (price discovery, order types, routing logic, slippage controls, risk limits) to deliver high‑quality execution for partner order flow, in close partnership with senior PMs and Engineering.
- Contribute to smart order routing and liquidity‑aggregation capabilities across execution venues and liquidity sources, helping balance execution quality, latency, fees, and risk.
- Translate the needs of exchanges, brokerages, fintechs, and other partners into clear API contracts, workflows, and configuration surfaces for your area of ownership.
- Partner closely with Engineering to design and deliver low‑latency, high‑reliability trading systems, including matching, routing, and risk engines; participate in technical design discussions and trade‑off decisions for your initiatives.
- Work with Market Operations, Risk, and Compliance to implement guardrails (credit limits, position limits, exposure controls, kill‑switches) and ensure products meet regulatory and operational requirements in relevant jurisdictions.
- Define and monitor key performance and quality metrics for your product area (e.g., execution quality vs. benchmarks, fill rates, rejection rates, latency, system availability) and use data to drive continuous improvement.
- Conduct ongoing market and competitive research on crypto market structure, centralized exchanges, prime‑brokerage offerings, liquidity providers, and adjacent brokerage experiences to inform a holistic product roadmap, not just execution‑layer capabilities.
- Collaborate with Business Development and Sales on high‑value partner opportunities, contributing to technical solutions and helping articulate Paxos’ execution and liquidity value proposition.
- Develop and deepen subject‑matter expertise on crypto trading and execution, educating cross‑functional teammates on venues, order types, liquidity models, and market‑microstructure considerations for your products.
- Collaborate with Design, Marketing, and Go‑to‑Market teams to shape end‑to‑end partner and end‑user experiences, bringing a generalist product mindset informed by your trading background.
Requirements
- 4–6+ years of Product Management experience shipping backend or platform products, with meaningful exposure to trading, execution, or market‑infrastructure in crypto or traditional finance.
- You are a product generalist with strong trading literacy: comfortable diving into execution details when needed, but equally at home in customer discovery, prioritization, and cross‑functional delivery.
- Hands‑on experience building or owning components of trading systems, such as algorithmic trading platforms, smart order routing and liquidity aggregation, or execution and risk engines for a broker, exchange, or market maker.
- Solid understanding of trading and execution in crypto spot markets (venue microstructure, order books, fees/rebates, liquidity tiers, latency and reliability considerations), with a strong desire to deepen expertise.
- Experience working with trading desks, quant/market‑making teams, or institutional clients on execution quality and routing strategies.
- Strong technical acumen and experience with API‑driven, backend, or platform products; comfortable discussing system design, latency, throughput, and resiliency with engineers for your domain.
- Experience working with Legal, Compliance, and Risk in a regulated environment, ideally in or adjacent to a financial institution or regulated crypto platform.
- Highly analytical and data‑driven; able to define metrics, work with large datasets, and partner with data/quant teams to evaluate execution quality and performance.
- Excellent communication skills, with the ability to explain complex trading concepts to non‑experts and align cross‑functional stakeholders on priorities and trade‑offs.
Benefits
- Offers Equity
- Offers Bonus
- 15% Annual Salary
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
product managementtrading systemsalgorithmic tradingsmart order routingliquidity aggregationexecution enginesrisk enginesAPI developmentdata analysisperformance metrics
Soft Skills
communicationanalytical thinkingcross-functional collaborationcustomer discoveryprioritizationproblem-solvingtechnical acumensubject-matter expertiseeducational skillsgeneralist mindset