Focused on developing products and services for the digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market integrity. Supported by the group’s treasury, Bullish’s new breed of exchange combines deep liquidity, automated market making and industry-leading security and compliance to increase the accessibility of digital assets for investors. Bullish exchange is operated by Bullish (GI) Limited and is fully regulated in Gibraltar.

Mission: To make trading with digital assets more rewarding and secure.​

Vision: To be the most innovative, respected, and trusted leader in crypto.

Reports to:

Head of Product

We are seeking a passionate and experienced Product Management Leader to join the Bullish Product Management team.

As Director, Product Management for Post-trade & Exchange Data, you will lead the strategy, development, and execution of a robust post-trade platform, supporting the needs of institutional clients, prime brokerages, and financial derivatives markets. This role will involve deep engagement with clearing and settlement processes, trade reconciliation, and reporting for financial derivatives, including futures, options, and other products.

The role requires an understanding of the complex post-trade data requirements for derivatives trading, including margin calculations, collateral management, and regulatory reporting. You will work closely with internal teams and external stakeholders, ensuring the accuracy and efficiency of post-trade workflows while enhancing the data infrastructure needed to meet the high standards of institutional clients and prime services. Your expertise will drive the evolution of our trading platform, ensuring excellence in innovation, user experience, and compliance with regulatory standards.

This position is an excellent opportunity for someone with an entrepreneurial spirit that is passionate about building innovative products, specifically in the digital asset trading space, and what digital assets and blockchain can do for the financial services industry as a whole.

Responsibilities: 

• Post-trade Product Strategy & Management for Prime Services and Financial Derivatives

  • Post-trade Workflows: Lead the development of post-trade workflows specifically designed to handle financial derivatives, including futures, options, and swaps. Ensure seamless integration of margining, clearing, settlement, and lifecycle management of derivatives

  • Operational Efficiency: Collaborate with internal teams to streamline post-trade operations for spot & derivatives markets, focusing on reconciliation, clearing, and settlement processes that cater to the high-volume demands of institutional clients

  • Prime Services Support: Develop and optimize post-trade solutions tailored for prime services, including margin trading, securities lending, collateral management, and custody. Ensure these solutions address the needs of derivatives traders, prime brokers, and institutional clients

• Exchange Data Products & Financial Derivatives Data Requirements

  • Data Services for Trading: Build and manage data services tailored to the needs of traders and prime brokers. Ensure real-time availability of key data points such as trade lifecycle events, collateral movements, margin adjustments, and position management

  • Post-trade Data: Oversee the management of post-trade data, ensuring data accuracy and consistency across lifecycle events, from trade execution through to final settlement. This includes tracking contract specifications, settlement prices, and margin call data

  • Compliance & Regulatory Reporting for Derivatives: Ensure that post-trade data services meet the rigorous reporting requirements for derivatives trading, including CFTC, MiFID II, and EMIR regulations. Oversee the generation and management of audit trails, trade reporting, and reconciliation data

• Cross-functional Leadership & Stakeholder Collaboration

  • Prime Brokerage & Derivatives Partnerships: Build strong relationships with prime brokerage clients and institutional traders, understanding their unique post-trade and data requirements

  • Risk & Margin Data Management: Work with internal Product Management, Risk and Data teams to support systems that manage the risk profiles of derivatives portfolios, monitor and report on margin requirements, collateral utilization, and counterparty risk

  • Integration with Custodians & Clearinghouses: Collaborate with clearinghouses, custodians, and liquidity providers to ensure seamless post-trade processing, with a focus on timely clearing, margin management, and settlement

• Financial Derivatives Knowledge & Innovation

  • Derivatives Expertise: Lead the development of post-trade workflows and data products that cater specifically to derivatives markets, including detailed support for margin calculations, position reporting, risk management, and performance analysis

  • Client Engagement: Engage with key institutional clients, prime brokers, and institutional traders to gather feedback and tailor post-trade services and data solutions to meet their evolving needs

• Perform in-depth market analysis to identify emerging trends, technological advancements, and regulatory changes that impact the crypto trading landscape, leveraging insights to maintain competitive advantage

• Collaborate with Engineering, Quant, Risk, Legal, Compliance, Security and other teams to ensure the technical reliability, scalability, regulatory alignment and security of our platform

• Maintain a deep understanding of the regulatory landscape affecting digital asset trading, ensuring that all products comply with global financial regulations and industry standards

• Create, support and monitor Product Management best practices alongside other leaders

• Provide mentorship for other Product Management team members

• Some domestic & international travel is required

• Other duties as assigned

Qualifications:

• Bachelors or preferably an advanced degree in a relevant field (e.g. Computer Science, Engineering, etc.)

• 10+ years in product management with a strong technical background, including extensive experience with trading platforms, data platforms and associated integrations

• Expert knowledge of derivatives markets and products

• Demonstrated ability to innovate and deliver advanced trading data solutions within the digital asset or traditional financial markets

• Exceptional leadership skills with a proven ability to lead cross-functional technical teams in a fast-paced environment

• Advanced analytical abilities with a data-driven approach to product strategy and decision-making

• Outstanding communication skills, capable of conveying complex technical concepts to diverse audiences, including non-technical stakeholders

• Comfortable being the “face of a product”

• Comfortable working in a dynamic organization where priorities can change frequently

• Experience working in a distributed organization

Extra Points:

• You have led a Product Management team in the digital asset exchange space

• You bring a problem solving mindset to the table at all times! No problem is too big

• In depth knowledge of blockchain technology, digital assets, automated market makers (AMMs) and digital asset exchanges (CEX and DEX)

• Passion for the digital asset industry, a proactive approach to learning, and a keen interest in staying up-to-date with the latest trends and developments

Bullish is proud to be an equal opportunity employer. We are fast evolving and striving towards being a globally-diverse community. With integrity at our core, our success is driven by a talented team of individuals and the different perspectives they are encouraged to bring to work every day.