Product Manager, Crypto

Alpaca is a global provider of brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, and related financial services. The Product Manager will own a core crypto product surface across trading, custody and wallets, tokenization, or on-chain settlement, driving product strategy and execution for B2B and developer-facing platforms. The role involves partner discovery, roadmap development, collaboration with engineering, compliance, and legal, and improving crypto API operations and developer experience.

Responsibilities:

• Own one core crypto product surface end-to-end: trading and exchange flows, custody and wallet infrastructure, tokenized securities and RWA, or on-chain settlement and payment rails
• Drive product decisions in your area by analyzing ROI, partner demand, market structure, regulatory constraints, and build-vs-buy tradeoffs
• Contribute to the broader crypto roadmap with a focus on B2B and B2B2C surfaces — SDKs, APIs, partner enablement, and reference integrations
• Write product requirements and partner directly with engineers to ship to production at the cadence of a high-growth platform
• Run discovery with current and prospective partners — broker-dealers, fintech apps, neobanks, and institutional clients — integrating Alpaca's crypto APIs
• Translate partner feedback into clear product decisions, including pushing back on requests that do not fit the platform without over-promising or losing partner trust
• Improve the developer experience for crypto: API ergonomics, documentation, SDKs, and sandbox parity with production
• Partner with compliance and legal on product decisions that touch licensing, custody, KYC/AML, market structure, and tokenization frameworks (regulator-facing strategy is led by the Crypto Lead; your seat is shipping execution that lands the resulting requirements cleanly)
• Improve operational efficiency in your surface — reconciliation between on-chain and ledger state, settlement workflows, exception handling — and own the metrics
• Report timely and accurately on product status and results to internal and external stakeholders, including partners and institutional clients

Requirements:

• Bachelor's degree in computer science, engineering, finance, or equivalent
• 5+ years of experience in Product Management, Engineering, and/or starting a startup, preferably within crypto, brokerage, exchanges, or financial infrastructure
• Demonstrated depth on at least one core crypto product surface: exchange / trading, custody / wallets, tokenization, or on-chain settlement. Ideally shipped at production scale
• Experience building and shipping B2B and developer-facing products: SDKs, APIs, partner integrations. Where developers and partners are the primary customer, not just end users
• Strong written and verbal communication, with excellent collaboration across engineering, compliance, partnerships, and other product teams
• Business acumen to understand tradeoffs between stakeholders and technology feasibility with time and budget constraints
• AI-native PM workflow: recurring use of tools like Cursor, Claude, ChatGPT, NotebookLM, or custom agents in PRD drafting, customer-call synthesis, data exploration, and prototyping
• Background that combines regulated financial product context (broker-dealer, exchange, payments, custodian) with crypto-native infrastructure (wallets, L1/L2, ZK, on-chain settlement)
• Direct experience at a crypto exchange, custodian, or institutional crypto infrastructure provider
• Experience with tokenized securities, RWA, stablecoin payment rails, or institutional digital asset products
• Familiarity with the US and global crypto regulatory landscape — FinCEN, NY DFS BitLicense, SEC frameworks, and equivalent global regimes
• Experience operating at startup speed inside a regulated environment, making assumptions in real time without waiting for stakeholder alignment