Remote – United States
Full time
Product Management
Pay and Benefits
Paxos offers a competitive total compensation and benefits package, including equity and bonuses based on both your individual performance and company performance. Eligibility for bonuses is dependent on job level, and actual salary within the range depends on your skills, experience, and qualifications.
About Paxos
Today’s financial infrastructure is archaic, expensive, inefficient and risky — supporting a system that leaves out more people than it lets in. So we’re rebuilding it.
We’re on a mission to open the world’s financial system to everyone by enabling the instant movement of any asset, any time, in a trustworthy way. For over a decade, we’ve built blockchain infrastructure that tokenizes, custodies, trades and settles assets for the world’s leading financial institutions, like Mastercard, Visa, Robinhood, and PayPal.
As a Senior Product Manager for Crypto Brokerage, you will lead the next generation of our trading and execution capabilities, building institutional‑grade systems that power billions in crypto trading volume across partners and end users.
About the role
In this role, you will own the core trading experience and execution layer of Paxos Crypto Brokerage, including order management, routing, and liquidity. You will work at the intersection of trading, market structure, and infrastructure, collaborating with engineering, quant/market structure specialists, and external liquidity venues to deliver best‑execution for our partners and their customers.
You will be responsible for taking complex trading concepts—smart order routing, liquidity aggregation, execution quality, and risk controls—and turning them into robust, scalable products that abstract away complexity behind simple, reliable APIs and partner workflows.
What you’ll do
Own the product vision, strategy, and roadmap for the core trading, execution, and liquidity components of Paxos Crypto Brokerage.
Design and evolve order and execution flows (price discovery, order types, routing logic, slippage controls, risk limits) to deliver high‑quality execution for partner order flow.
Build and enhance smart order routing and liquidity‑aggregation capabilities across execution venues and liquidity sources, balancing execution quality, latency, fees, and risk.
Translate the needs of exchanges, brokerages, fintechs, and other partners into clear API contracts, workflows, and configuration surfaces.
Partner closely with Engineering to design and deliver low‑latency, high‑reliability trading systems, including matching, routing, and risk engines; participate in technical design discussions and trade‑off decisions.
Work with Market Operations, Risk, and Compliance to define guardrails (credit limits, position limits, exposure controls, kill‑switches) and ensure products meet regulatory and operational requirements in multiple jurisdictions.
Define and monitor key performance and quality metrics (e.g., execution quality vs. benchmarks, fill rates, rejection rates, latency, system availability) and use data to drive continuous improvement.
Conduct ongoing market and competitive research on crypto market structure, centralized exchanges, prime‑brokerage offerings, and liquidity providers to identify opportunities to differentiate Paxos’ trading and execution platform.
Collaborate with Business Development and Sales on high‑value partner opportunities, shaping technical solutions and articulating Paxos’ execution and liquidity value proposition.
Serve as the internal subject‑matter expert on crypto trading and execution, educating cross‑functional teams on venues, order types, liquidity models, and market‑microstructure considerations.
About you
6–8+ years of Product Management experience with a focus on trading, execution, or market‑infrastructure products in crypto or traditional finance.
Direct experience building or owning trading systems, such as:
Algorithmic trading platforms,
Smart order routing and liquidity aggregation, or
Execution and risk engines for a broker, exchange, or market maker.
Deep understanding of trading and execution in crypto spot markets (venue microstructure, order books, fees/rebates, liquidity tiers, latency and reliability considerations).
Prior experience working closely with trading desks, quant/market‑making teams, or institutional clients on execution quality and routing strategies.
Strong technical acumen and experience with API‑driven, backend, or platform products; comfortable discussing system design, latency, throughput, and resiliency with engineers.
Experience working with Legal, Compliance, and Risk in a regulated environment, ideally in or adjacent to a financial institution or regulated crypto platform.
Highly analytical and data‑driven; proficient in defining metrics, working with large datasets, and partnering with data/quant teams to evaluate execution quality and performance.
Excellent communication skills, with the ability to explain complex trading concepts to non‑experts and build consensus across senior stakeholders.
Nice to have
Experience at a crypto exchange, prime broker, or institutional trading platform building core trading, routing, or risk capabilities.
Background working with crypto market makers or electronic trading firms, or collaborating closely with those teams on routing and execution.
Familiarity with derivatives or margin trading, and the implications for spot liquidity, risk management, and product design.
Experience at a B2B or white‑label infrastructure provider serving large fintechs, banks, or brokerages via APIs.
The Paxos Crypto Brokerage platform already powers crypto trading and custody for leading global platforms, enabling them to offer buy, sell, hold, and send capabilities inside their products. As a Senior Product Manager for Crypto Brokerage, you will play a critical role in advancing the trading and execution engine that sits at the heart of that platform and in shaping how millions of end users access digital assets
Important Notice for Paxos Applicants
We’ve become aware of fraudulent accounts posting as Paxos recruiters on LinkedIn and other platforms. These scammers attempt to deceive applicants into paying for job opportunities or providing personal financial information.
To verify a legitimate Paxos recruiter:
We only use @paxos.com email addresses
We never ask for payment or financial details to apply, interview, or work here
For technical roles, we do not perform a coding interview without prior screening by our engineering team
Thanks for your interest in Paxos!
Compensation Range: $187K – $220K
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