Lead Product Manager, Crypto

Who We Are

Alpaca is a US‑headquartered self‑clearing broker‑dealer and brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Our recent Series D funding round brought our total investment to over $320 million, fueling our ambitious vision.

Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional‑grade APIs. This includes broker‑dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 9 million brokerage accounts.

Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of opening financial services to everyone on the planet. We're deeply committed to open‑source contributions and fostering a vibrant community, continuously enhancing our award‑winning, developer‑friendly API and the robust infrastructure behind it.

Alpaca is proudly backed by top‑tier global investors, including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Unbound, SBI Group, Derayah Financial, Elefund, and Y Cooperator.

We're a dynamic team of 230+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond!

We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact, we encourage you to apply.

Alpaca's product team is looking for a Lead Product Manager to own Alpaca's regulated crypto product surface and to step into a leading role across our crypto programs. In this role you will own and grow a portfolio that spans crypto trading and multi‑asset cross‑margin, borrow / lend / earn, custody and on‑chain settlement, tokenization (transfer agent, tokenized money‑market funds, on‑chain issuance), and partnership programs from idea to launch.

You will partner deeply with engineering, compliance, legal, partnerships, and the broader Alpaca product team to ship regulated crypto infrastructure  will help shape and grow the crypto product itself, and you will be expected to provide early signal on US policy changes rather than react after rules formalize.

• Product Ownership & Strategy
• Lead Alpaca's crypto product strategy across trading, borrow / lend / earn, custody, on‑chain settlement, and tokenization.
• Own flagship initiatives end‑to‑end — including multi‑asset cross‑margin, licensing build‑out, transfer‑agent‑licensed tokenization, on‑chain issuance for partners, stock loan tokenization, and tokenized money‑market funds.
• Drive build‑vs‑buy, partner‑vs‑direct, and onshore‑vs‑offshore tradeoffs across regulated crypto products.
• Take leadership of a portfolio of in‑flight crypto projects, with the autonomy to set priorities, expedite tradeoffs, and unblock the team.

• Take partnership programs end‑to‑end: idea → launch → PR → growth (e.g. exchange‑grade partnerships).
• Run discovery with prospective and existing partners — broker‑dealers, exchanges, custodians, stablecoin issuers, neobanks, and institutional clients.
• Translate partner needs into prioritized product decisions with clear "yes / no / not now" framing that doesn't over‑promise.

• Engage directly with US regulators and policy stakeholders (NY DFS, SEC, FinCEN, FINRA), partnering with internal legal and compliance on transfer‑agent, broker‑dealer, and tokenized‑securities frameworks.
• Provide an early heads‑up on US policy changes - feed signal into the broader Alpaca roadmap before rules formalize.
• Own the operational and regulatory implications of crypto product launches (custody, settlement, AML, market integrity).

• Help build and develop the Alpaca crypto PM team; hire and ramp existing PMs, set bar and standards across the cluster.
• Represent crypto in cross‑functional forums; product reviews, partner exec syncs, and leadership‑level…