Product Manager - Brokerage - EU

<div class="content-intro"><p><strong>Who We Are:</strong></p> <p><strong>Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure&nbsp;</strong>for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more.<br><br>Amongst our subsidiaries, 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 10 million brokerage accounts.<br><br>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.<br><br><strong>Alpaca is proudly backed by $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.</strong><br><br><strong>Our Team Members:</strong></p> <p>We're a dynamic team of 400+ 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!<br><br>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.</p></div><p data-pm-slice="1 1 []"><strong>Your Role:</strong>&nbsp;</p> <p>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.</p> <p>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.</p> <p>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.</p> <p>What You'll Walk Into</p> <p>You won't be starting from zero. You'll be owning live problems:</p> <ul> <li>EU market access: scaling from initial access to full product coverage while meeting MiFID II / MiFIR, ESMA, and local NCA requirements.</li> <li>The rest of the EU roadmap: prioritizing and delivering the next wave of brokerage capabilities across equities, ETFs, and regional market needs.</li> <li>EU direct connectivity: building and owning connectivity to EU venues and market infrastructure, reducing reliance on intermediary paths.</li> <li>EU broker partnerships: evaluating, onboarding, and integrating local brokers to expand coverage and resilience.</li> <li>Cross-border complexity: passporting, multi-jurisdiction onboarding, and coordinating between Alpaca's global platform and EU market infrastructure.</li> <li>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.</li> </ul> <p>&nbsp;</p> <p>Things You Get To Do</p> <ul> <li>Own brokerage products tailored for EU markets, including equities, ETFs, tax-wrapper accounts, and related regional offerings.</li> <li>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.</li> <li>Drive brokerage product strategy by analyzing ROI, regional market competition, regulatory requirements, and build-vs-buy scenarios.</li> <li>Build and execute the product roadmap with a focus on MiFID II / MiFIR-compliant features and regional market needs.</li> <li>Write product requirements and work with engineers to execute programs that meet local regulatory and market standards.</li> <li>Improve brokerage operation efficiency by providing solutions and owning the metrics, with a focus on regional settlement, custody, and clearing workflows.</li> <li>Lead customer calls around brokerage process and product issues to gain insights and translate them into product improvements for EU clients.</li> <li>Report timely and accurately on product status and results to internal and external stakeholders, including regional partners and institutional clients.</li> <li>Collaborate with local operations teams to ensure seamless integration between Alpaca's global platform and EU market infrastructure.</li> </ul> <p>&nbsp;</p> <p>Who You Are (Must-Haves)</p> <ul> <li>Excited about what Alpaca is building and passionate about expanding financial infrastructure across the EU.</li> <li>Bachelor's degree in computer science, engineering, finance, or equivalent.</li> <li>5+ years of experience in Product Management, Engineering, Consulting, and/or starting a startup, preferably within financial services or fintech.</li> <li>Demonstrated interest and experience in brokerage, capital markets, or fintech within the EU.</li> <li>Strong understanding of MiFID II / MiFIR, ESMA, the EU capital markets landscape, and how member-state tax and tax-wrapper rules shape product design.</li> <li>Strong communication skills in English, both written and verbal, with excellent collaboration abilities.</li> <li>Business acumen to understand tradeoffs between stakeholders and technology feasibility with time and budget constraints.</li> </ul> <p>&nbsp;</p> <p>Who You Might Be (Nice-to-Haves)</p> <ul> <li>Experience and background working on and developing brokerage products in EU markets.</li> <li>Technical background working with APIs, particularly in financial services or trading platforms.</li> <li>Familiarity with CSDR, EMIR, T2S, or CSD connectivity.</li> <li>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.</li> <li>Experience working with cross-border / passporting investment products.</li> <li>Additional EU language(s) beyond English.</li> <li>Experience working at a fintech, startup, or EU-authorized investment firm.</li> </ul><div class="content-conclusion"><h3><strong>How We Take Care of You:</strong></h3> <ul> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">Competitive Salary &amp; Stock Options</span></li> <li style="text-align: justify;">Health Benefits</li> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">New Hire Home-Office Setup: One-time USD $500</span></li> <li style="font-weight: 400; text-align: justify;"><span style="font-weight: 400;">Monthly Stipend: USD $150 per month via a Brex Card</span></li> </ul> <p><em><span style="font-weight: 400;">Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.<br></span></em></p> <p><span style="font-size: 8pt;"><a href="https://files.alpaca.markets/disclosures/AlpacaRecruitmentPrivacyPolicy.pdf"><em><span style="font-weight: 400;">Recruitment Privacy Policy</span></em></a></span></p></div>