Product Manager, Clearing Systems
Alpaca · Product · Senior · 1mo ago
Open to candidates across Americas.
Direct from the employer's own careers page
Who can apply
Read straight from the listing, so you know before you spend time on it.
Open to candidates across Americas.
“Remote - Americas”
Team of 400+ distributed across the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond.
- Async-first
- The listing doesn't promise async-first working.
- Contractor / B2B
- No mention of hiring international contractors or invoicing.
- Global stipend
- Offers a one-time $500 home-office setup stipend and a $150 monthly stipend via Brex card.
- Annual retreat
- No company-paid get-togethers mentioned.
Read from the listing automatically. Always confirm the details with the company before you accept an offer.
About the role
As Senior Product Manager for Clearing Systems, you will own the full clearing systems lifecycle at Alpaca as it scales into a true self-clearing broker-dealer. You will define the architecture and oversee systems for core brokerage, custody, ledger, settlements, stock record, and money movement. Working at the intersection of engineering, operations, finance, and compliance, you will prototype and launch production-grade infrastructure that supports multi-currency, multi-asset trading globally.
What you'll do
- Define the long-term architecture for Alpaca's clearing platform across accounts, positions, balances, ledgers, journals, settlements, and regulatory books and records.
- Design multi-currency cash and position systems supporting global equities, FX, fractional trading, options, bonds, and other asset classes.
- Partner directly with engineering to prototype and build new in-house clearing services.
- Collaborate cross-functionally with operations, finance, treasury, compliance, legal, and risk to ensure scalable and regulator-ready platforms.
- Translate complex clearing, custody, and regulatory mandates into clear technical and product specifications.
What you bring
- 5+ years of experience in product management, technical program management, or engineering on brokerage, clearing, or post-trade infrastructure.
- 10+ years of total experience in brokerage, clearing, custody, prime brokerage, trading infrastructure, or capital markets technology.
- Demonstrated deep expertise in at least one clearing area (settlement/stock record, books and records, corporate actions, margin, ACATS, or DTCC processing).
- Highly technical mindset with the ability to turn complex domain workflows into scalable system designs alongside engineers.
- Proven operating judgment and comfort shipping in a heavily regulated broker-dealer environment.
About Alpaca
Alpaca is a developer-first, global brokerage infrastructure provider offering institutional-grade APIs for stocks, ETFs, crypto, and fixed income. Backed by top-tier venture investors, Alpaca powers over 10 million brokerage accounts worldwide.
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