Full-Time

Director Product Manager

Clearing

Posted on 6/3/2024

Altruist

Altruist

501-1,000 employees

All-in-one investment platform for advisors

Fintech

Expert

San Francisco, CA, USA

Required Skills
Agile
Management
Figma
Tableau
AWS
JIRA
SCRUM
Confluence
Requirements
  • 10+ years of prior experience working in a product management role at a self-clearing broker-dealer
  • Expertise with financial products, domestic financial markets, multi-asset clearing platforms, securities trading, execution, clearing, and settlement processes
  • Demonstrated interest in investment & wealth management, advisor technology, and correspondent clearing
  • Proficient in writing requirements that meet FINRA, SEC, OCC, and DTCC, NSCC rules and regulations
  • Proficiency with FIS Phase 3 preferred
  • Ability to work during core US equity market hours
  • Experience working in an agile environment using tools such as Jira, Confluence, AWS, Google Suite, Snowflake, Retool, CODA, Figma, Tableau, ReadMe, etc.
  • Proven ability to develop product strategies and effectively communicate recommendations to executive management
  • Ownership mindset, subject matter expert, and primary point of contact for other departments
  • Ability to apply technology to enhance business processes
  • Affinity for a fast-paced, early-stage environment
  • Entrepreneurial attitude and deep empathy for customers
  • Bachelor's degree required
Responsibilities
  • Manage the self-clearing product roadmap and prioritize the backlog
  • Work closely with various teams including Engineering, Scrum teams, QA, Product, Clearing Operations, Advisory Operations, Compliance, Support, and Business teams
  • Build and automate modern workflows for various teams such as Rep Management, Books & Records, Purchases & Settlements, Transfers, Cashiering, Trading, New Accounts, Documents, Tax Reporting, Cost Basis, and Corporate Actions
  • Create product briefs, release notes, knowledge base articles, and training materials
  • Ensure business requirements for clearing products are based on sound research and planning
  • Contribute to key vendor decisions and support building and scaling of systems
  • Build and externalize RESTful APIs for new features and asset classes
  • Investigate issues, bugs, defects, and discrepancies and work with engineering to find solutions
  • Support regulatory reports, audits, compliance reviews, and regulatory exams

Altruist provides a comprehensive investment platform tailored for financial advisors, integrating tools for account management, trading, and client reporting. This company streamlines financial operations with advanced features like commission-free fractional share trading and automated rebalancers, reducing inefficiencies and enhancing client services. The focus on high-touch support and continuous improvement in financial technologies makes it an appealing environment for professionals looking to advance in the fintech industry.

Company Stage

Series E

Total Funding

$449.5M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

11%

1 year growth

54%

2 year growth

69%