Product Manager, Tokenised Securities & CSD Settlement

Euronext; Paris; Hybrid; EUR 90,000 - 130,000; Full time

Job summary

Euronext is seeking a Product Manager, Digital Assets - CSD & Settlement to join the Digital Assets team in Paris or London. You will own design of digital-asset products and operating models across issuance, custody and settlement, aligning with CSDR and T2S considerations.

We value hands-on CSD/ICSD or custodian settlement experience, and an interest in tokenised securities and Web3. The role collaborates with Legal, Compliance, Risk and Operations to ensure regulatory readiness while driving

Qualifications

• At least five years inside a CSD, ICSD or custodian in settlement, issuance or asset servicing.
• Deep knowledge of securities settlement (matching, delivery-versus-payment, finality) and the lifecycle from issuance to corporate actions.
• Understanding of CSDR notary, central maintenance and settlement services, and how holdings are recorded across CSD, custodian and investor accounts.
• Product management or service development experience in securities-market infrastructure, including owning a roadmap or backlog.
• Experience leading initiatives across CSDs, custodians and settlement banks, agreeing operating models, responsibilities and controls.
• Exposure to cross-CSD links, ISO 20022 settlement messaging or custodian connectivity.
• Fluency in English.

Responsibilities

• Designing digital-asset products and operating models covering securities issuance, custody, settlement and lifecycle events
• Defining 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 supply
• Defining settlement workflows, including matching, delivery-versus-payment, reconciliation and exception handling, and how CSD and TARGET2-Securities (T2S) processes adapt for tokenised securities
• Defining asset servicing for tokenised securities (coupons, redemptions, corporate actions) and how custodians and linked CSDs receive and reconcile it
• Working 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 Regime
• Owning 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 rates

Skills

CSD/ICSD experience

Custodian settlement

Securities settlement lifecycle

Tokenised securities Web3 interest

English fluency

Job description

Euronext is seeking a Product Manager, Digital Assets - CSD & Settlement to join the Digital Assets team in Paris or London. You will own design of digital-asset products and operating models across issuance, custody and settlement, aligning with CSDR and T2S considerations.

We value hands-on CSD/ICSD or custodian settlement experience, and an interest in tokenised securities and Web3. The role collaborates with Legal, Compliance, Risk and Operations to ensure regulatory readiness while driving