Product Manager

Who you are

• Excited about what Alpaca is building and passionate about expanding financial infrastructure across the EU
• Bachelor's degree in computer science, engineering, finance, or equivalent
• 5+ years of experience in Product Management, Engineering, Consulting, and/or starting a startup, preferably within financial services or fintech
• Demonstrated interest and experience in brokerage, capital markets, or fintech within the EU
• Strong understanding of MiFID II / MiFIR, ESMA, the EU capital markets landscape, and how member-state tax and tax-wrapper rules shape product design
• Strong communication skills in English, both written and verbal, with excellent collaboration abilities
• Business acumen to understand tradeoffs between stakeholders and technology feasibility with time and budget constraints
• Experience and background working on and developing brokerage products in EU markets
• Technical background working with APIs, particularly in financial services or trading platforms
• Familiarity with CSDR, EMIR, T2S, or CSD connectivity
• Hands-on experience shipping tax-wrapper or tax-reporting products (e.g. PEA / PEA-PME, ISK, PIR), including tax lots, withholding, and local reporting files
• Experience working with cross-border / passporting investment products
• Additional EU language(s) beyond English
• Experience working at a fintech, startup, or EU-authorized investment firm

What the job involves

• Alpaca is building the infrastructure layer that partners across Europe use to launch and scale brokerage products. We're expanding our EU footprint - with growing market access, a regional roadmap, and ambitions across equities, ETFs, derivatives, direct connectivity, securities lending, tax reporting, and tax-wrapper products. We're hiring a Product Manager to own that expansion end-to-end: define the strategy, ship the products, and work with regulators, partners, and internal teams to make Alpaca the brokerage platform of choice across the EU
• We're seeking a Product Manager to define and drive new product initiatives and manage a portfolio of existing products across EU markets. With a deep understanding of the regional regulatory landscape, including MiFID II / MiFIR, ESMA, CSDR, national competent-authority frameworks, and member-state tax and tax-wrapper regimes, you will shape the product strategy that enables Alpaca to scale its brokerage infrastructure across the EU
• This role is equal parts strategy and delivery. You'll decide what we build versus buy, how we sequence the region’s roadmap, and which partnerships and connectivity paths get us there - and then ship the brokerage features, tax-wrapper functionality, integrations, and operational workflows that partners and institutional clients depend on every day
• EU market access: scaling from initial access to full product coverage while meeting MiFID II / MiFIR, ESMA, and local NCA requirements
• The rest of the EU roadmap: prioritizing and delivering the next wave of brokerage capabilities across equities, ETFs, and regional market needs
• EU direct connectivity: building and owning connectivity to EU venues and market infrastructure, reducing reliance on intermediary paths
• EU broker partnerships: evaluating, onboarding, and integrating local brokers to expand coverage and resilience
• Cross-border complexity: passporting, multi-jurisdiction onboarding, and coordinating between Alpaca's global platform and EU market infrastructure
• Tax and tax wrappers: building tax-wrapper account functionality (e.g. PEA / PEA-PME, ISK, PIR) and the tax surface underneath it - tax lots / cost basis, dividend withholding, WHT reclaim, and country-specific tax reporting - so partners can offer jurisdiction-specific wrappers on Alpaca, not just a generic brokerage account
• Own brokerage products tailored for EU markets, including equities, ETFs, tax-wrapper accounts, and related regional offerings
• Own the EU tax and tax-wrapper product surface end-to-end: wrapper eligibility and contribution rules, tax-lot / cost-basis tracking, withholding and reclaim, and the local reporting files partners and end-users need to stay compliant
• Drive brokerage product strategy by analyzing ROI, regional market competition, regulatory requirements, and build-vs-buy scenarios
• Build and execute the product roadmap with a focus on MiFID II / MiFIR-compliant features and regional market needs
• Write product requirements and work with engineers to execute programs that meet local regulatory and market standards
• Improve brokerage operation efficiency by providing solutions and owning the metrics, with a focus on regional settlement, custody, and clearing workflows
• Lead customer calls around brokerage process and product issues to gain insights and translate them into product improvements for EU clients
• Report timely and accurately on product status and results to internal and external stakeholders, including regional partners and institutional clients
• Collaborate with local operations teams to ensure seamless integration between Alpaca's global platform and EU market infrastructure

Benefits

• Stock Options
• Health benefits from day 1 (internationally, this includes a stipend value to offset medical costs)
• New Hire Home-Office Setup: One-time USD $500
• Monthly Stipend: USD $150 per month via a Brex Card
• Work with awesome people, clients and partners from around the world
• Medical, Dental, Vision
• Supplemental health care