Senior Product Manager, Derivatives

Jersey City , United States
full-time

AI overview

Lead the strategy and execution of derivatives products at scale, shaping the platform and driving business growth through comprehensive lifecycle management.

About Futu US Inc.

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage — all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU).

Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Here's a closer look at our key entities:     

  • Futu Clearing Inc.: An SEC registered FINRA member dedicated to delivering top-tier clearing and execution services globally.
  • Moomoo Financial Inc.: As an SEC registered FINRA member, we provide retail investors access to both U.S. and Asian securities markets, ensuring your investment journey is backed by expertise.
  • Moomoo Technology Inc.: Offering a data-rich trading platform, we provide unparalleled insights and tools to enhance your trading strategies. Note that this entity is not a licensed broker-dealer.

For deeper insights into our entities and affiliates, explore  or  to discover the future of investing with confidence and innovation.

About the Team & Role

We are building a high-performing product organization focused on delivering institutional-grade trading capabilities across global markets. As part of this effort, we are seeking a Senior Product Manager, Derivatives, to lead the strategy and execution of our derivatives product line, including options, futures, and structured products.

In this role, you will own the end-to-end lifecycle of derivatives products—from product conception and rule design to launch, scaling, and continuous optimization. You will work closely with quantitative research, risk management, compliance, legal, and engineering teams to ensure products are competitive, compliant, and robust under real-world market conditions. You will also play a key role in building liquidity, managing risk exposure, and integrating derivatives capabilities into the firm’s global trading platform.

This position offers a unique opportunity to shape a core derivatives platform at scale and drive meaningful business growth in collaboration with global teams.

Requirements

What You’ll Do:

  • Lead the full product lifecycle for derivatives products, including options, futures, and structured products, from planning and design to development and launch.
  • Design derivatives product features and trading rules, including pricing models, risk control frameworks, and clearing and settlement mechanisms.
  • Partner closely with quantitative research, risk management, compliance, legal, and engineering teams to ensure products meet regulatory requirements and market standards.
  • Conduct in-depth analysis of market demand and competitive landscapes to define differentiated product strategies and drive continuous innovation.
  • Build and manage derivatives liquidity, working with market makers and liquidity providers to improve quote depth and overall trading experience.
  • Monitor trading performance, risk exposure, and key product metrics, establishing robust monitoring frameworks to identify and mitigate potential risks.
  • Collaborate closely with headquarters and global business teams to integrate derivatives capabilities into the firm’s broader trading platform.
  • Support business growth by enabling scalable, reliable, and well-governed derivatives offerings across regions.

What You Bring:

  • 5+ years of experience in derivatives product management, preferably with a background at an exchange, broker-dealer, quantitative fund, or fintech company.
  • Strong expertise in derivatives pricing models (e.g., Black-Scholes, binomial trees, Monte Carlo simulations) and risk management principles, with hands-on product design experience.
  • Solid understanding of derivatives market infrastructure, including clearing, settlement, and collateral management, as well as relevant regulatory frameworks.
  • Experience working with market makers, liquidity providers, and clearing institutions, with a strong understanding of liquidity optimization strategies.
  • Proven ability to lead complex, cross-functional initiatives and drive products from 0 to 1, and from launch to scaled operations.
  • Excellent analytical and problem-solving skills, with the ability to leverage market data and user feedback to inform product decisions.
  • Strong communication skills, enabling effective collaboration with technical, business, and international teams.
  • Master’s degree or above in Financial Engineering, Mathematics, Physics, Computer Science, or a related field is strongly preferred.

Benefits

What We Offer:

  • Comprehensive Paid Medical Benefits: We prioritize your health with a robust medical benefits plan that covers you and your dependents
  • 401k Employer Contribution: We match your contributions to help you grow your retirement savings
  • Generous Paid Time Off & Paid Holidays: Take the time you need to recharge and pursue your passions with our generous paid time off policy
  • Opportunities for Professional Growth & Development: Invest in your future through hands-on learning, skill-building, and cross-functional work
  • Performance Based Bonuses: Your hard work deserves recognition! Enjoy performance-based bonuses that reward your contributions to our team's success

Base pay for a successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is $120,000 - $180,000. This role is also eligible to participate in our discretionary bonus plan.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Futu Holdings Limited, including all subsidiaries, is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

Warning about fake job posts

Please be aware of fraudulent job postings by persons not affiliated with Futu, Moomoo, or their affiliates. Criminals may use fraudulent job postings to obtain your personally identifiable information and/or financial information to steal your identity and/or money.

All communications to you will come from a business email address. We do not hire through text message, social media, or email alone, and any interviews will be conducted in person or through a video call. We will not ask you for bank account information nor ask you to pay anything during the hiring process. 

If you see suspicious activity or believe that you have been the victim of a job posting scam, you should report it to your local FBI field office or to the FBI’s Internet Crime Complaint Center.

Perks & Benefits Extracted with AI

  • Health Insurance: Comprehensive Paid Medical Benefits: We prioritize your health with a robust medical benefits plan that covers you and your dependents.
  • Learning Budget: Opportunities for Professional Growth & Development: Invest in your future through hands-on learning, skill-building, and cross-functional work
  • 401k matching: 401k Employer Contribution: We match your contributions to help you grow your retirement savings
  • Paid Time Off: Generous Paid Time Off & Paid Holidays: Take the time you need to recharge and pursue your passions with our generous paid time off policy

Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights.We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals.Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels.

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Salary
$120,000 – $180,000 per year
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