Senior Product Manager

ASIA DIGITAL EXCHANGE PTE. LTD.; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

Asia Digital Exchange is seeking a Senior Product Manager to lead the development of innovative digital trading solutions. This role focuses on managing and enhancing product offerings for financial institutions, ensuring competitive positioning in a rapidly evolving market. Candidates should possess a strong background in product management within fintech, with a keen understanding of trading systems and data analysis.

Qualifications

• Experience in commercial product management in financial markets or cryptocurrency exchanges.
• Understanding of order book mechanics and liquidity dynamics.
• Proven track record of launching API products for real-time trading.

Responsibilities

• Lead the product roadmap for derivatives and structured products.
• Conduct market analysis and competitor benchmarking.
• Define specifications for API services to meet market needs.

Skills

Product Management

API Management

Data Analysis

Market Analysis

Liquidity Management

Education

Bachelor's or Master’s degree in finance, economics, computer science, or a related field

Tools

SQL

Python

Tableau

Job description

ABOUT AsiaNext (Asia Digital Exchange)

Asia Digital Exchange (AsiaNext)envisions to become atrusted digital exchange for institutional clientsin Asiaand globallybyofferinganintegrated end to end trading, settlementandcustody service forcrypto-currenciesanddigital assets. The joint venture between SIX Digital Exchange (SDX) and SBI Digital Asset Holdings Co., Ltd. will provide aninstitutional-gradeenvironment toinitiallytrade crypto-currency assetsand latertoissue, trade andcustodiesdigital assets as well as enable the tokenization of existing securities and non-bankable assets.

AsiaNext is set to directly target theinstitutionaldemand ortradingcryptocurrency assets, as well asthe growing demandforpublic and privateregulateddigital assetsandsecurities. It will leverage the extensive networks of SIX Digital Exchange in Switzerland and Europe, and SBI in the Asianmarketplace, as well as their joint expertise in facilitating Institutional clients’ needs.Both SIX and SBI have demonstrated leadership in digital asset markets globally through several previously launched initiatives in the space.

About This Role:-

In this position, you will be responsible for translating business ideas into product offerings, designs, and features that are commercially viable and which solve specific use cases for financial institutions, following standard and effective product management and product development practices to deliver the final product from start to finish. To succeed in this role, you should be curious, entrepreneurial, objective, data driven, and a problem-solver with a passion to transform the capital market industry. This is an opportunity to join an institutional grade B2B start-up to build a new digital exchange for the future, leading other financial institutions in the ecosystem to participate and contribute to the adoption of digital assets by financial institutions and institutional investors.

You will also be responsible for researching, designing, delivering and enhancing solutions for the Exchange business to build and scale the best multi-asset digital trading platforms in the market today. AsiaNext needs a commercial minded Senior Product Manager who has experience designing and delivering financial products listed on exchanges, communicating with liquidity providers, market makers and members to seek inputs in product roadmap and design, together with automated trading, risk management, clearing and settlement flows. The Senior Product Manager is also responsible for improving the liquidity of the instruments traded on the exchanges to provide members the best trading experience in the industry as well as improve trading revenues through those instruments.

Key Responsibilities include, but are not limited to the following list and may vary during your employment based on the needs of the business, as prioritised and assigned by the Head of Product:

Product Management

• Lead 1-2 year product roadmap for derivatives and structured products across exchanges based on industry/market research, understanding of landscape and prospect/member feedback
• Continuously evaluate existing product offerings, compare against competitors and enhance the offerings to remain competitive overall
• Lead business case and revenue forecast for product offerings and monitor them at regular frequency to assess the relevance of the listed products and instruments
• Lead discovery and design workshops to improve the appeal of product offerings and the exchange as a whole by improving capital efficiency, order book depth & liquidity, operational processes etc.
• Collect product feedback from internal and external sources, optimize the product plan through qualitative or quantitative analysis methods – always focusing on the ‘why’ before the ‘what’ – then prioritise the ‘what’
• Conduct market and competitive analysis of products and solutions, incorporate the analysis findings in product roadmap to deliver best-in-class exchange trading products & solutions
• Maintain/update product roadmap, feature backlogs and product specifications, epics, user stories, use cases, user journeys
• Lead cross-functional and cross-departmental communication and coordination to ensure product quality and progress, and completion of product milestones
• Design fee, rebates, pricing, revenue structures for listed instruments as well as liquidity programs with market participants
• Prioritize product features and user stories with engineering teams, assist in determining the best solution for user problem statements, guide engineering and testing staff to ensure thorough and quality functional and end-end testing of all product features

Exchange order book & liquidity management

• Conduct exchange order book & liquidity analysis using tools, scripts, coding programs as required
• Maintain, improve and develop reports and dashboards for near real-time order book monitoring, liquidity providers KPI monitoring and incentives etc.
• Benchmark order book performance against competitors (e.g. Binance, OKX’s BTC and ETH futures) and traditional exchanges (e.g. CME’s BTC and ETH calendar futures).
• Conduct market and competitive analysis of products and solutions, incorporate the analysis findings in product roadmap to deliver best-in-class exchange trading products & solutions

API Management

• Define and communicate a roadmap for API services, aligning with the exchange’s goals (e.g., increasing traded instruments and trading volume, onboarding diverse institutional clients)
• Identify market needs through research, competitor analysis, and feedback from developers/engineers and members/traders to prioritize API features (e.g., low-latency trading endpoints, real-time market data streams)
• Define API specifications, ensuring clear documentation, intuitive endpoints (e.g., order placement, order execution, order book, market data, positions, balances, prices), and compliance with industry standards.

Qualifications:

• Bachelor's or Master’s degree in finance, economics, computer science, or a related field
• Proven experience in a commercial product manager (focusing on revenues, pricing, product flow) or trading role in a financial market, FinTech or cryptocurrency exchange
• Understanding of central limit order book (CLOB) mechanics, order matching engines, and liquidity dynamics (e.g., bid/ask spreads, depth)
• Experience working with trading platforms, trading risk, clearing, margining, settlement and API services supporting these
• Proven track record of launching and scaling API products and services supporting real-time, high-frequency trading, market data
• Understanding of trading flow, investment products, crypto, blockchain, wallet solutions
• Proficiency in data analysis tools (e.g., SQL, Python, Tableau) and techniques