Lead Product Manager

Nasdaq, Inc.; Mumbai; Hybrid; INR 4,000,000 - 8,000,000; Full time

Benefits offered by this job

Hybrid work model

You&Q rewards program

Job summary

Nasdaq, Inc. is seeking a Lead Product Manager in Mumbai to drive XVA and MCPFE within our Credit Risk platform. You will own end-to-end product lifecycle, define roadmaps, and deliver solutions for global banks and financial institutions.

You will collaborate with Quants, Engineers, and cross-functional teams, shaping product strategy and customer engagement. The role blends quantitative finance, strategy, and execution in a hybrid work model.

Qualifications

• 6+ years of Product Management experience in Counterparty Credit Risk.
• Solid understanding of Counterparty Credit Risk.
• Experience with quantitative finance models and risk analytics in capital markets or banking.
• Ability to collaborate with Quants and Engineers on model behavior, performance, and data flows.
• MBA or master's in quantitative finance or CFA/FRM.
• Top knowledge of Java/SQL.

Responsibilities

• Coordinate all phases of new product development, including research and development.
• Collaborate with Mumbai colleagues and Nasdaq teams in other countries.
• Own end-to-end product lifecycle for XVA and MCPFE modules, including roadmap, prioritization, and delivery.
• Lead project/program teams from build to delivery of fully developed products for customer use.
• Translate quantitative and regulatory requirements into clear functional specifications.
• Work with Engineering to guide development decisions, performance improvements, and architecture evolution.
• Serve as primary product contact for clients, support, Presales and Client Services.
• Participate in client workshops, demos, critical issues, and roadmap discussions.
• Make recommendations for product solutions based on customer feedback and business strategy.

Skills

Counterparty Credit Risk

Quantitative finance models

Java

SQL

Communication skills

Education

MBA or master's in quantitative finance or CFA/FRM

Tools

Java

SQL

Job description

Nasdaq Technology is looking for a passionate Lead Product Manager with focus on Counterparty Credit Risk to join the Mumbai technology center in India. If Innovation and effectiveness drive, you forward this is the place for you! Nasdaq is continuously revolutionizing markets and undergoing transformations while we adopt new technologies to develop innovative solutions, constantly aiming to rewrite tomorrow. As a Lead Product Manager, the candidate is supposed to own and drive the XVA and Monte Carlo PFE (MCPFE) product areas within our Credit Risk platform. This role is critical to scaling the XVA/MCPFE solution to support increasing client adoption, regulatory expectations, and advanced use cases across global banks and financial institutions With this position we offer Join the team which sits at the intersection of quantitative finance, product strategy, engineering execution, and client engagement, and team works closely with Product, Engineering, Sales, CS, QA and Support. The team owns the analytical, experimental, investigative, and testing efforts in support of new product development engineering.

Role Responsibilities

• As a Lead Product Manager, your focus will be coordinating all phases of new product development, including research and develop.
• Besides working closely with your colleagues in Mumbai, you will also work closely with Nasdaq teams in other countries.
• They would own the end‑to‑end product lifecycle for XVA and MCPFE modules, including roadmap definition, prioritization, and delivery.
• They would Leads project/program teams from build to delivery of fully developed products that are ready for customer use.
• Would translate sophisticated quantitative and regulatory requirements into clear functional specifications.
• Would work closely with Engineering to guide develop decisions, performance improvements, and architecture evolution.
• Acts as the primary product contact for clients, support team, Presales and Client Services.
• Participate in client workshops, demos, critical issues, and roadmap discussions.
• Makes recommendations for product solutions based upon feedback from customer base, aligning the recommendations to the customer’s business strategy.

Minimum Qualifications

• Experience Level: 6+ years of experience in Product Management, specifically in Counterparty Credit Risk domain.
• Solid understanding of Counterparty Credit Risk.
• Experience with quantitative finance models and risk analytics in capital markets or banking.
• Ability to work closely with Quants and Engineers on model behavior, performance, and data flows.
• Strong written and verbal communication skills for technical and non technical audiences.
• Education Qualification: MBA or master’s in quantitative finance or related rigor CFA, FRM
• Top Knowledge of Java/SQL

We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information or any other status protected by applicable law.

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information, and public company services. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $12 trillion. To learn more, about our business visit business.nasdaq.com.

At Nasdaq, we’re proud to be the engine behind the world’s capital markets. But we don’t stop there. We build the technology that drives transparency, trust, and access—helping economies grow and people thrive. Our purpose is to advance economic progress for all. Whether you’re a client, a colleague, or part of our broader community, we’re here to move markets—and possibilities—forward.

We’re a global team of over 8,500 innovators across 38 countries, united by a shared purpose: advancing economic progress for all. It’s not just what we do—it’s how we do it, together.

Our hybrid work model, NasdaqBlend, gives you flexibility to do your best work—whether that’s from home, in the office, or a mix of both.

We support your success through You&Q, our total rewards program that covers every dimension of life—from building wealth and growing your career to prioritizing well-being and family care.

Join the Team Advancing Economic Progress for All.