Senior Product Manager, IEX
$200-260k
+ RSUs + Bonus
Equity trading exchange
Open for applications
Equity trading exchange
201-500 employees
Open for applications
$200-260k
+ RSUs + Bonus
201-500 employees
Company mission
To innovate with a purpose: to drive trading performance for market participants.
Role
Who you are
- The ideal candidate will possess a deep understanding of the options market, a proven track record in product management, and a passion for delivering innovative solutions to our clients
- Excellent verbal and written communication skills
- Superlative attention to detail
- Keen interest in equity derivatives market structure and functionality
- Open-minded and able to quickly acquire new concepts and ideas
- Self-motivated and comfortable with independently driven work within the constructs of team orientated environment
- Ability to dive into and work through details across cross functional teams while driving high level vision and strategy
- Firm dedication to the core values of IEX – belief in fairness and transparency in the financial markets
- Proven track record in product management within the options space
- Deep understanding of options trading strategies, pricing models, and risk management
- Strong analytical skills and ability to translate complex financial concepts into clear product requirements
- Excellent communication and presentation skills, with the ability to articulate product vision to both technical and non-technical audiences
- Experience in Agile development methodologies
- Undergraduate degree in finance, economics, or a related field; MBA preferred
What the job involves
- We are seeking a highly skilled and experienced Senior Product Manager to lead the development and growth of our options products
- Product Strategy and Vision: Develop and execute a comprehensive product strategy for options products, aligned with the company's overall business objectives
- Market Analysis: Conduct in-depth market research to identify customer needs, market trends, and competitive landscapes
- Product Development: Define product requirements, collaborate with cross-functional teams (engineering, design, sales, marketing) to develop and launch new options products
- Product Lifecycle Management: Oversee the entire product lifecycle, from concept to launch and beyond
- Customer Focus: Build strong relationships with clients to understand their needs and translate them into product enhancements
- Data Analysis: Leverage data and analytics to measure product performance, identify opportunities, and inform decision-making
- Team Leadership: Mentor and guide junior product managers, fostering a high-performing product team
Our take
Innovations in fintech infrastructure have dramatically changed how people invest, but despite such developments, investors still face limitations when trading assets. Exchanges often list out-of-date pricing information which limits investors' abilities to make strategic investment decisions, a problem that is heightened through knock-on effects from other unstable stock prices.
IEX provides a registered US stock exchange for investors and broker-dealers, focussing on providing a more stable trade execution experience than existing exchanges. The company achieves this through its "Speed Bump" strategy that delays trades to gather up-to-date pricing information whilst assessing them for price stability, ensuring that trades are not executed based on stale data, and helping to notify other orders to react to other stock price stability levels.
Whilst the company must share the stock exchange sector with many competitors, IEX show great promise through its focus on maintaining pricing accuracy and stability. The company also stands out by providing a cloud platform for the selling, sharing, and use of financial data, in addition to an investment lifecycle advice tool for institutional investors.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Sep 2014
$75m
SERIES C
Mar 2013
$24.4m
SERIES B
Total funding: $100.9m
Company benefits
- Medical, dental and vision benefits premiums covered 100% for employees, spouses, and dependents
- Annual membership to One Medical primary care services
- Matched 401(k)
- Equity and bonus opportunities
- $5000 annual learning stipend
- $1000 annual match for donations to 5013(c) organizations of your choice
- In-office gym fully equipped with weights, treadmills, a Peloton bike, and locker rooms with showers
- Lunch and Learns
- Hybrid working
- Unlimited PTO
- 16 weeks paid parental leave for primary and secondary caregivers at the birth, adoption, or placement of a child
Company values
- Think Big, Do Good - We measure success by impact on the industries we serve and the communities we touch
- Be Gritty - Resilience and perserverance are in our DNA. We meet challenges head-on
- Win Together - We celebrate our wins as one, learn from our mistakes together, and move together as a team
- Invent & Reinvent - A growth mindset is foundational to who we are. IEX is a place for creativity and continual learning
Company HQ
World Trade Center, New York, NY
Articles
Leadership
Bradley Katsuyama
(CEO)Founding Board Member of The Public Health Company. Spent 11 years at RBC Capital Markets, ultimately as Managing Director of US Cash Equity Trading.
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