Director of Product Management, Kraken
Margin
$179-269k
Plus equity and bonus
Cryptocurrency exchange
Open for applications
Cryptocurrency exchange
501-1000 employees
Open for applications
$179-269k
Plus equity and bonus
501-1000 employees
Company mission
To accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion.
Role
Who you are
- Deep understanding of trading, leverage, risk, clearing, liquidation and settlement mechanisms
- First hand experience in trading on both cryptocurrency and traditional exchanges
- Proven track record of leading cross-functional teams to deliver complex, high-impact products
- Strong quantitative and analysis skills, including SQL and a language like Python
- Familiarity with regulatory and accounting frameworks and experience collaborating with regional legal and compliance to develop creative, scalable product solutions and superior UX
- Thorough grasp of relevant risks (market, liquidity, operational, etc), with first-principles thinking
- Strong knowledge of trading market participants, their different incentives and constraints
- Macro-to-micro versatility: strategic mindset coupled with obsessive attention to detail
What the job involves
- Kraken’s Pro business unit is responsible for our global exchange businesses and trading platforms, including our flagship Kraken Pro web and mobile products, high performance APIs and connectivity, and matching infrastructure across spot, margin and derivative products
- Our secure, trusted platform and deep liquidity fuel a wide range of clients and partners, from individuals making their first trade on our powerful yet elegant GUIs, to the most sophisticated algorithmic trading firms and prime brokerages
- We are seeking an experienced and highly skilled Product Director to lead the development and evolution of our global margin trading product suite
- This role demands a practitioner with deep expertise in leveraged trading, crypto and traditional markets, and risk management, combined with an ability to design intuitive UX and raise the bar on our world-class trading experience
- As a hands-on leader, you will be responsible for the vision, build, profitable and safe operation of our margin offering, a cornerstone of Kraken’s market-leading liquidity across client segments
- Our success will require your collaboration with senior cross-functional partners across product, engineering, design, finance, risk, legal, compliance, and operations
- Dive deep into the technical, mathematical and legal complexities in order to design and improve the scale, performance, profitability, efficiency and safety of our margin offering
- Develop risk models and operational procedures for quick and reliable handling of collateral, position limits and market parameters in order to give clients superior capital efficiency
- Establish detailed product requirements including UI/UX, calculations, API, and processes, and take ownership of their successful build and delivery
- Keep track of industry trends, regulatory developments, and competitive offerings to ensure Kraken is positioned for long-term success in a highly dynamic market
- Design intuitive and powerful UX tailored to the professional trader, incorporating the best principles from both traditional and crypto-native platforms
- Leverage analytics to monitor product performance, trader behavior, and market trends
- Lead and mentor a team of product managers and analysts, in order to achieve our objectives
- Partner with Pro BU and cross-functional leaders to accelerate product and market expansion
Application process
- This job is accepting ongoing applications and there is no application deadline
Our take
Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Kraken’s clients also trade USD, CAD, ETH, XRP, LTC and other digital currencies, on a platform consistently rated the best and most secure bitcoin exchange by independent news media.
Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, and one of the first exchanges to offer leveraged bitcoin margin trading.
Kraken are one of the top 3 bitcoin exchanges by volume, behind Coinbase and bit-x with an 18% market share. While this is a competitive space to operate in - the volume of crypto being exchanged every day is very high, so there's space for multiple winners.
Kraken have made a number of acquisitions and have strengthened its world-leading position with the launch of new products, features and apps and a 24/7 multi-lingual support line. The company will continue to provide clients with easier and more versatile ways to participate in the crypto ecosystem.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
13% female employees
22% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Feb 2019
$100m
SERIES C
Mar 2014
$5m
SERIES A
Total funding: $111.5m
Company benefits
- Work where you want: 90% of Krakenites work remotely, we believe people do their best work wherever they're happiest
- Flexibility and Autonomy: We are highly results-focused vs. time-focused. We want you to work when and how you need to keep you at your most proactive
- We value diversity: Our Team is spread across 60 countries. By joining Kraken you'll be part of a truly multicultural organization that values diversity and inclusion
- A new approach to salary: Kraken prides itself on being at the forefront of crypto innovation, and that means the majority of our workforce has the option to be paid in bitcoin
- Equity Options: Kraken owes its success and growth to its people. That's why we offer nearly all our Krakenites a stake in the company
Company values
- Crypto Conviction
- Assume Best Intent
- Innovative
- Collaborative
- Client Obsessed
- Productively Paranoid
- Globally Inclusive
- Humble
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Jesse Powell
(Chairman of the Board)Previously co-founded Verge Gallery & Studio Project, Lewt and Internet Ventures & Holdings
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