Senior Product Manager - Risk

FalconX; Bengaluru; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

FalconX is seeking a Senior Product Manager to own and scale the Risk platform. You will drive the roadmap, translate complex risk concepts into actionable specs, and collaborate with Risk, Product, and engineering to build robust real-time systems for crypto markets.

Ideal candidates have 8–12 years of experience in product management within trading/crypto, with 2–5 years in risk and strong SQL skills. Prior institutional trading tool experience is highly valued.

Qualifications

• 8–12 years of overall professional experience with core product management in trading, crypto, fintech or financial services.
• 2–5 years of direct experience in risk, deep understanding of derivatives and structured products.
• Technical enough to understand APIs and work with engineers; strong SQL is required.
• Trading knowledge in cryptocurrency or other asset classes is mandatory.
• Experience building institutional-grade trading tools and services; background in Tier 1 banks is a plus.
• Excellent product leadership: write specs, roadmaps, and align cross-functional teams.

Responsibilities

• Own the Risk Roadmap: shape vision and strategy for the Risk domain.
• Product Execution: write specs, PRDs, and translate risk concepts into requirements.
• Cross-Functional Collaboration: work with engineers and Risk/Product leaders.
• Data & Analytics: use SQL to query data and build risk dashboards.
• Market Innovation: integrate new asset classes and OTC derivatives into risk framework.

Skills

SQL

APIs

Product leadership

Trading knowledge

Risk domain

Institutional experience

Job description

FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

We are seeking a highly experiencedSenior Product Manager to take ownership of our Risk platform. Over the next year, we are doubling down on our risk infrastructure as we expand into DeFi integrations, onboard institutional crypto clients, and introduce new asset classes and structured products.

This role provides a unique opportunity to lead 0-to-1 product development such as building multi-stress testing frameworks across different assets while scaling our foundational system. You will be tasked with applying traditional finance (TradFi) risk principles to a modern, 24/7 real-time crypto market environment.

Key Responsibilities

• Own the Risk Roadmap: Drive the product vision and strategy for the Risk domain, balancing the scaling of existing systems with the creation of entirely new 0-to-1 features.
• Product Execution: Write comprehensive specs, PRDs, and business statements. Translate complex risk, mathematical, and traditional finance concepts into clear, actionable technical requirements.
• Cross-Functional Collaboration: Work closely with engineers, as well as key stakeholders across Risk and Product leadership, to ensure real-time systems are robust, responsive, and secure.
• Data & Analytics: Independently leverage SQL to write queries, manipulate datasets, and build rapid dashboards. Monitor portfolio Greeks (Deltas, etc.) and establish views tailored for risk and portfolio managers.
• Market Innovation: Conceptualize and integrate new order types, asset classes, and complex OTC derivatives into the core risk framework using strong first-principles thinking.

Experience & Requirement

• Overall Experience: 8–12 years of overall professional experience, with a core product management experience in trading, crypto, tech, fintech, or financial services.
• Risk Domain Expertise: 2-5 years of direct experience in the risk space. Must have a deep understanding of derivatives, structured products (OTC, TRS), and how portfolio managers assess risk limits and Greeks.
• Technical Proficiency: While you don't need to write code (Python) or design distributed systems, you must be technical enough to understand APIs and work seamlessly with engineers. Strong SQL skills are a hard requirement.
• Trading Knowledge: Professional or active personal trading experience in cryptocurrency or other asset classes. Deep understanding of trading market structures is mandatory.
• Institutional Background: Proven experience building institutional-grade trading tools and services. Background in Tier 1 Investment Banks (e.g., Goldman Sachs, JPMorgan) or proprietary derivatives trading shops is highly desired.
• Product Leadership: Exceptional ability to write specs, create roadmaps, and align product and engineering teams. Brings deep industry knowledge, proven leadership, and a strong cultural fit to a high-growth environment.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here .

Inclusivity Statement

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at [e-mail], if you need assistance with participating in the application process.