# Product Manager, New Assets

**Company:** [Alpaca](https://hotfix.jobs/companies/alpaca)
**Location:** Remote
**Role:** Product Management
**Experience:** 5+ years
**Skills:** Product Management, SQL, APIs, SDKs, fix protocol, reg nms, reg sho, finra, market structure, broker-dealer operations, Compliance
**Posted:** 2026-07-17

> Product Manager owning end-to-end development and rollout of a new trading asset class or ancillary product (e.g. MMFs, FX, Options, margin) at a brokerage API platform. Primary customers are partners and developers; success measured by adoption and production usage. Requires 5+ years PM or related experience with depth in regulated trading surfaces, B2B API shipping, SQL, and comfort working alongside compliance/legal teams.

## Job Description

## Responsibilities
- Own one core trading sub-surface end-to-end (a new asset class like MMFs, Global Stocks, FX, Options or an ancillary trading product like overnight, commission models, margin, IPO, FIX). Drive prioritization, API design, and rollout.
- Run discovery with partners and prospects against real integration constraints, translate findings into a sequenced backlog, and push back on requests that don’t fit the platform.
- Ship to production at a high-growth cadence: write clear PRDs, align with engineering on API contracts, and produce implementable documentation.
- Partner with compliance, legal, and market-structure/execution teams on decisions involving licensing, trading rules, best execution, and venue connectivity. Ship in parallel in a regulated environment.
- Improve operational efficiency (exception handling, partner-facing tooling, automation) and own the metrics.
- Track adoption post-GA (trading volume, order success rate, partner activation, blockers) and iterate on docs, SDK ergonomics, and rollout until adopted.
- Report timely on product status and results to internal and external stakeholders.

## Requirements
- 5+ years of experience in Product Management, Engineering, Consulting, or starting a startup, preferably in equities, options, FX, money market funds, or regulated trading/brokerage infrastructure.
- Demonstrated depth on at least one trading surface (asset class like MMFs/Global Stocks/FX/Options, execution/order management, margin, FIX, or core trading capability) shipped to production scale.
- Experience shipping B2B/developer-facing products: SDKs, APIs, partner integrations where developers and partners are the primary customers.
- Comfortable shipping in parallel with compliance, legal, and market-structure teams in a regulated environment.
- Experience analyzing data using SQL and a relevant BI tool.
- Bachelor’s degree in computer science, engineering, finance, or equivalent.
- Business acumen to weigh stakeholder, tech feasibility, time, and budget tradeoffs.

## Nice-to-Haves
- Direct broker-dealer or institutional brokerage experience (e.g. Schwab, Fidelity, IBKR, Apex, Drivewealth, or correspondent-clearing equivalents).
- Familiarity with the B2B2C correspondent/broker-as-a-service model.
- Direct experience shipping a non-US trading product (Global Stocks, FX, regional venues) or a complex asset class (Options, MMFs).
- Experience with US market structure and regulatory frameworks (Reg NMS, Reg SHO, FINRA/SEC rules around best execution, FINRA OATS/CAT).
- Familiarity with FIX protocol, OMS/EMS systems, smart order routing, or venue/liquidity-provider integrations.
- Background in broker-dealer trading operations (exceptions, trade breaks, regulatory reporting) and automation opportunities.
- AI-native PM workflow using tools like Cursor, Claude, ChatGPT, NotebookLM, or custom agents for PRD drafting, synthesis, data exploration, and prototyping.

## Compensation
- Competitive Salary & Stock Options
- Health Benefits
- New Hire Home-Office Setup: One-time USD $500
- Monthly Stipend: USD $150 per month via a Brex Card

## Similar roles

- [Product Manager, Spatial AI](https://hotfix.jobs/jobs/6a003366-101b-420e-b0a1-e0c76a10d37d) - Quidient - Columbia, MD - $155k – $200k/yr
- [AI Product Manager, Public Sector](https://hotfix.jobs/jobs/b02029dc-41f3-455e-8321-897c26961c09) - Dynamo AI - Washington, DC
- [Product Manager II, Trust & Safety Tools](https://hotfix.jobs/jobs/87b1dee6-89fb-42eb-8eba-4d8a26848d13) - Pinterest - Remote - $114k – $235k/yr
- [Product Manager](https://hotfix.jobs/jobs/190111f0-d716-4a4e-8326-3687340fe506) - Illumio - Sunnyvale, CA - $167k – $192k/yr
- [Product Manager](https://hotfix.jobs/jobs/040ea28c-f1c6-49ed-8ee5-cc906873f4f9) - Fluidstack - Austin, TX - $226k – $315k/yr

**Apply:** https://hotfix.jobs/jobs/b1b73cc3-b6bb-4302-9912-8cbbb1debc1f
**Canonical:** https://hotfix.jobs/jobs/b1b73cc3-b6bb-4302-9912-8cbbb1debc1f