Product Manager, Derivatives

Moomoo SG; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A leading financial services platform in Singapore seeks an experienced professional to oversee the design and management of cryptocurrency derivatives products. The role requires a Master's degree in a related field and 5-10 years of experience in derivatives trading. Responsibilities include optimizing trading processes, developing innovative products, and ensuring regulatory compliance. The ideal candidate has strong quantitative skills and a deep understanding of the cryptocurrency market, as well as the ability to thrive in a fast-paced environment.

Qualifications

• 5-10 years of experience in derivatives trading products, especially in cryptocurrency or traditional finance.
• Successful case of launching a derivatives product (e.g., perpetual swaps).
• Proficiency in designing large-scale system product architectures.

Responsibilities

• Lead product design for cryptocurrency derivatives, optimizing trading experience.
• Develop pricing models and risk hedging strategies.
• Monitor cryptocurrency derivatives market dynamics and formulate competitive strategies.

Skills

Derivatives trading products

Quantitative analysis

Risk management

Market analysis

Communication skills

Education

Master's degree in Mathematics, Financial Engineering, or Quantitative Finance

Job description

Responsible for designing, optimizing, and driving the end-to-end lifecycle management of exchange derivative product lines (such as futures, options, perpetual swaps, structured products, etc.). Deeply understand market demands, regulatory trends, and technical implementation, integrating quantitative strategies and risk management systems to build a competitive derivatives trading platform, assisting users in achieving risk hedging, arbitrage, and leveraged trading objectives.

• Lead the product design of cryptocurrency derivatives (futures, options, perpetual swaps, etc.), including contract specifications, funding rates, settlement mechanisms, and margin models
• Develop derivatives pricing models and risk hedging strategies, optimizing the trading experience through order types, slippage control, API performance, and market maker collaboration
• Design and enhance the derivatives risk management framework, including liquidation mechanisms, position limits, and auto-deleveraging rules
• Develop innovative derivatives (e.g., volatility products, index derivatives) by combining market trends and user needs to boost platform trading volume and liquidity
• Monitor global cryptocurrency derivatives market dynamics (e.g., competitors like Binance, Bybit, OKX, Deribit), analyze user behavior data, and formulate differentiated competitive strategies
• Research innovative aspects of DeFi derivatives protocols (e.g., dYdX, GMX, Perpetual Protocol) and explore pathways for compliant innovative product implementation
• Collaborate with legal and compliance teams to ensure products adhere to regulatory requirements across jurisdictions (e.g., VATP, MiCA) and develop regional access strategies
• Coordinate with technical teams on product development requirements and assist marketing and operations teams in formulating derivatives promotion plans

Requirements

• Master's degree or higher in Mathematics, Financial Engineering, Quantitative Finance, or a related field
• 5-10 years of experience in derivatives trading products, with a preference for backgrounds in cryptocurrency/traditional finance (e.g., equities, commodity futures) exchanges
• Familiarity with derivatives pricing models, margin calculations, and clearing and settlement processes
• At least one successful case of launching a derivatives product (e.g., perpetual swaps, options market making)
• Deep understanding of the cryptocurrency market, including leveraged trading, arbitrage strategies, and market maker ecosystems
• Proficiency in designing large-scale system product architectures and a comprehensive understanding of the business processes of cryptocurrency derivatives exchanges
• Knowledge of industry legal and compliance norms, including differences in regulatory requirements across regions
• Strong industry, market, and competitor analysis capabilities
• Excellent communication skills, with the ability to collaborate efficiently in English with market and institutional clients
• Ability to work effectively in a fast-paced and evolving environment