Product Manager, Digital Assets - CSD & Settlement

Euronext; Paris; On-site; EUR 90,000 - 130,000; Full time

Job summary

Euronext Securities is seeking a Product Manager, Digital Assets - CSD & Settlement to lead product workstreams for tokenised securities. Based in Paris or London, you will own the roadmap for issuance, custody, settlement and lifecycle events, coordinating with Legal, Risk and Operations to ensure regulatory readiness.

The ideal candidate has 5+ years in a CSD/ICSD or custodian, deep settlement knowledge, and experience shaping cross‑CSD initiatives.

Qualifications

• 5+ years in a CSD/ICSD or custodian in settlement or asset servicing.
• Deep knowledge of securities settlement and lifecycle from issuance to corporate actions.
• Experience owning a roadmap or backlog and working with multiple stakeholders.
• Exposure to cross-CSD links and settlement messaging standards.

Responsibilities

• Design digital-asset products and operating models for issuance, custody, settlement and lifecycle events.
• Define how CSD issuance and settlement work for tokens, including on-chain reconciliation with CSD books.
• Define settlement workflows, including matching, DVP, reconciliation and exception handling.
• Define asset servicing for tokenised securities and how custodians receive and reconcile it.
• Collaborate with Legal, Compliance, Risk and Operations for regulatory readiness under CSDR and DLT regimes.
• Own a product workstream backlog and drive it from concept to launch, aligning with the CPO.

Skills

CSD/ICSD experience

Securities settlement

Product management

Roadmap ownership

Cross-CSD coordination

ISO 20022

English fluency

DLT / digital securities

Job description

Product Manager, Digital Assets - CSD & SettlementAre you ready to shape the future of capital markets? We are looking for a Product Manager, Digital Assets - CSD & Settlement to join the Digital Assets team. The position will be based in Paris or London, and start ASAP. You will report to the CPO Digital Asset.We are seeking someone with hands-on central securities depository (CSD), international central securities depository (ICSD) or custodian experience, particularly in securities settlement, who wants to apply it to tokenised securities. An interest in digital assets and Web3 is required; previous experience in these areas is not.You will primarily be responsible for:Designing digital-asset products and operating models covering securities issuance, custody, settlement and lifecycle eventsDefining how CSD issuance and settlement work for tokens: issuance against CSD positions, minting and burning, the register as legal record and reconciliation of CSD books with on-chain supplyDefining settlement workflows, including matching, delivery-versus-payment, reconciliation and exception handling, and how CSD and TARGET2-Securities (T2S) processes adapt for tokenised securitiesDefining asset servicing for tokenised securities (coupons, redemptions, corporate actions) and how custodians and linked CSDs receive and reconcile itWorking with Legal, Compliance, Risk and Operations to address regulatory requirements, settlement finality, asset protection and operational readiness, including under the Central Securities Depositories Regulation (CSDR) and the Distributed Ledger Technology (DLT) Pilot RegimeOwning a product workstream and its backlog through to launch, contributing to roadmap prioritisation alongside the Chief Product Officer and monitoring adoption, settlement performance and exception ratesYour profile:At least five years inside a CSD, ICSD or custodian in settlement, issuance or asset servicing, ideally including a T2S migration or a digital-securities projectDeep knowledge of securities settlement (matching, delivery-versus-payment, finality, fails) and of the lifecycle from issuance to corporate actionsUnderstanding of CSDR notary, central maintenance and settlement services, and of how holdings are recorded across CSD, custodian and investor accountsProduct management, business analysis or service development experience in securities-market infrastructure, including owning a roadmap or backlogExperience leading initiatives across CSDs, custodians and settlement banks, agreeing operating models, responsibilities and controlsExperience running participant market testing and readiness for a CSD migration or new serviceExposure to cross-CSD links, ISO 20022 settlement messaging or custodian connectivityFluency in EnglishNice to have, not mandatory:Involvement in a CSD digital-securities platform, a DLT Pilot Regime project, the UK Digital Securities Sandbox or Eurosystem DLT trialsFamiliarity with DLT-based settlement, digital custody, smart contracts or digital forms of cashKnowledge of blockchain, DLT, decentralised finance or crypto, even just as a user rather than professionally, is much appreciatedExperience preparing a CSDR authorisation, DLT Pilot Regime application or other regulatory filingKnowledge of a Euronext Securities market: Denmark, Italy, Norway or PortugalJoin a company where market infrastructure is built on innovation - and where every innovation starts with a bold mind asking, \"What's next?\". At Euronext, we believe change is a starting point, not an obstacle. We look for people who see growth opportunities, think long term and want to help shape capital markets for future generations. Working with us means:Being part of a European, international and diverse team - Collaborate across borders with talented colleagues connected by a shared ambition and purpose.Learning as you grow - Develop your skills through continuous learning, real responsibilities and flexible career paths that evolve with you.Having an impact - Contribute to projects that matter, in an agile and dynamic environment where your ideas help drive progress.Driving sustainability - Play an active role in building transparent, responsible and sustainable capital markets for the long term. Together, we don't just support markets - we help shape their future.Apply by submitting a CV in English.Euronext Securities is at the forefront of post-trade services and one of the largest Central Securities Depository (CSD) operators in Europe. We deliver cutting-edge settlement, custody and issuance services for both domestic and international markets, supporting clients throughout the entire value chain. Join us and play a key role in advancing secure and resilient securities issuance and settlement.Join Euronext - Shape capital markets for future generations Euronext is the leading European capital market covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. We operate eight national stock exchanges, handling 25% of European lit equity trading. Our products include equities, FX, ETFs, bonds, derivatives, commodities and indices. Euronext also provides clearing and settlement services through Euronext Clearing and our network of Euronext Securities CSDs. In addition, Euronext runs MTS, one of Europe's leading electronic fixed income trading markets, and Nord Pool, the European power market. The company has a diverse domestic and international client base. Find out more about us at: Euronext.comEuronext ValuesUnity• We respect and value the people we work with• We are unified through a common purpose• We embrace diversity and strive for inclusionIntegrity• We value transparency, communicate honestly and share information openly• We act with integrity in everything we do• We don’t hide our mistakes, and we learn from themAgility• We act with a sense of urgency and decisiveness• We are adaptable, responsive and embrace change• We take smart risksEnergy• We are positively driven to make a difference and challenge the status quo• We focus on and encourage personal leadership• We motivate each other with our ambitionAccountability• We deliver maximum value to our customers and stakeholders• We take ownership and are accountable for the outcome• We reward and celebrate performanceWe are proud to be an equal opportunity employer. We do not discriminate against individuals on the basis of race, gender, age, citizenship, religion, sexual orientation, gender identity or expression, disability, or any other legally protected factor. We value the unique talents of all our people, who come from diverse backgrounds with different personal experiences and points of view and we are committed to providing an environment of mutual respect.Additional InformationThis job description is only describing the main activities within a certain role and is not exhaustive. It does not prevent to add more tasks, projects.