Product Manager - Midas Job in Falconx

Job Title: Product Manager - Midas

Location: Bangalore

Department: Product Management

Employment Type: Full-Time

About FalconX

At FalconX, we are a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the cryptocurrency markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges. Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, liquidity, and infrastructure found in conventional financial markets. As a comprehensive solution for digital asset strategies, FalconX enables seamless navigation through the evolving cryptocurrency landscape.

The Role

We are seeking a Technical Product Manager to focus on the technical and tactical aspects of our electronic trading platform, **Midas**. In this role, you will work closely with internal teams to build and maintain scalable, robust, and high-performance solutions for institutional customers. You will be responsible for managing the infrastructure, app layer, liquidity layer, and client-facing initiatives, ensuring the platform is optimized for reliability, speed, and scale.

Key Responsibilities

1. Infrastructure Layer Management:

• Drive quarterly investments in **latency and reliability improvements** to enhance the core infrastructure of the platform.
• Ensure improvements in latency lead to measurable throughput gains, reduced slippage, and higher fill rates.
• Oversee technical enhancements and upgrades to maintain and scale the platform's infrastructure.

2. Application Layer Enhancements:

• Develop and enhance new order types and algorithms (e.g., Stop Loss, Partial Fills, Icebergs) to meet evolving market needs.
• Manage tech debt cleanup, including consolidating and updating configurations.
• Oversee **FIX infrastructure updates** to support new order types, scalability, and more dynamic spreading logic.
• Improve **API performance**, focusing on reducing outdated and slow API calls to match current scale.

3. Liquidity Layer:

• Transition away from primitive hedging models by increasing the sophistication of liquidity management.
• Develop APIs for liquidity providers (LPs) to enhance platform functionality and liquidity management.
• Build tools to track and report liquidity status and identify potential gaps in liquidity.

4. Client-Facing Initiatives:

• Collaborate with cross-functional teams to translate client needs into technical features and product requirements as the platform expands into new markets.
• Work closely with Sales and Revenue teams to ensure alignment of product development with client demands and technical capabilities.
• Support client onboarding and provide technical insights into the trading system to ensure a seamless user experience.

5. Day-to-Day Operations:

• Oversee proactive issue identification and resolution during Asia hours, ensuring system uptime and reliability.
• Track and report trading data and success metrics for product releases, ensuring timely and accurate performance metrics.
• Support revenue teams in technical conversations and assist in explaining technical challenges and solutions to clients and stakeholders.

6. Product Lifecycle Management:

• Own the product lifecycle from concept to execution, driving the Objectives and Key Results (OKRs) for Midas and other product initiatives.
• Write detailed Product Requirements Documents (PRDs) for technical improvements at the infrastructure and application layers.
• Create testing frameworks and test cases for product releases, ensuring high-quality standards are maintained.

7. Cross-Functional Collaboration:

• Collaborate with Engineering, Partnerships, Operations, and Compliance teams to capture all technical requirements for successful product launches.
• Ensure product features are delivered on time and meet the needs of internal stakeholders and customers.

Qualifications

Experience:

• 4-7 years of proven experience in technical product management with a focus on API development and management.
• Minimum 2 years of experience in brokerage, market-making, or institutional trading.
• Experience working with foreign exchange products or payment solutions is a must.
• Prior experience in digital assets or cryptocurrency markets is a bonus.

Skills:

• Strong technical background with experience in managing complex trading systems and market infrastructure.
• Proficient in **API design and development**, with hands-on experience working with low-latency, high-performance systems.
• Ability to define and prioritize product requirements in collaboration with cross-functional teams.
• Excellent problem-solving skills, with the ability to navigate technical challenges in a fast-paced, evolving market.
• Strong knowledge of market-making and liquidity management in institutional environments.
• Excellent communication skills with the ability to explain technical concepts to both technical and non-technical stakeholders.

Education:

• Bachelor s or Master s degree in Computer Science, Engineering, or a related field (or equivalent practical experience).

Why Join FalconX?

• Innovative Environment: Work at the intersection of traditional finance and cutting-edge blockchain technology in a fast-paced, high-growth environment.
• Market Leadership: Play a crucial role in shaping the future of digital asset trading for institutional clients, helping to address key industry challenges.
• Collaborative Culture: Join a team of highly talented operators, engineers, and product managers working towards a unified mission of revolutionizing the crypto market.
• Career Growth: Gain exposure to a rapidly expanding industry and access to opportunities for learning and development.

If you're passionate about digital assets, excited by technical challenges, and ready to have a direct impact on the future of institutional trading, we want to hear from you! Join us at FalconX to shape the future of the crypto market.