Product Manager, Options
About IEX
At IEX, we’re passionate about building technology that moves industries forward. Our story began when we built a stock exchange designed to deliver high-performance results for all investors. Our belief is that technology should level the playing field so that opportunity is equitable. We are applying what we learned from building a high-performance stock exchange to build technology that solves for complexity and accelerates growth in other areas. We aspire to build a trusted, disciplined, and diversified business. Our goal is to build transformative technology without ever compromising our integrity - and we’re just getting started!
About the Role
We are seeking a Product Manager to take charge of building and enhancing the operational tooling and external-facing member portal for IEX’s options exchange. This role focuses on translating complex options market workflows into intuitive, reliable products for internal teams and external members. Over time, the scope may expand to support broader initiatives across IEX’s options and equities exchanges.
The role works closely with market operations, engineering, and customers. It is well-suited for someone with deep options market knowledge—either from prior product experience or from working in a trading operations capacity and is excited to deliver high-impact, customer-facing products.
What You’ll Do
- Own and drive product initiatives related to the operational toolset and external member portal for the IEX options exchange
- Partner closely with market operations to understand workflows, operational needs, and customer interactions
- Translate business and operational needs into clear, high-fidelity business requirements, user stories, and acceptance criteria
- Work with engineering to manage the full development lifecycle from discovery through delivery
- Maintain and prioritize the product enhancement backlog, including writing and managing Jira stories and tickets
- Collaborate cross-functionally with market operations, engineering, and other stakeholders to scope and deliver features
- Support testing and validation efforts by reviewing test cases and participating in UAT
- Serve as a primary point of communication between technical teams and business stakeholders
What We’re Looking For
- 5+ years of experience as a Product Manager or working in a trading operations role and working closely with technology teams
- Strong options market experience is required, with a solid understanding of options trading and market structure, including operational workflows and infrastructure
- Experience with equities markets is a nice to have
- Ability to translate business needs into clear product requirements, user stories, and test cases, and communicate them effectively to diverse audiences
- Familiarity with Jira and managing work through an agile or iterative development lifecycle
- Technical fluency with data querying and analysis tools (SQL, KDB), along with comfort using command-line tools and generative AI
- Strong communication skills and comfort working across technical and non-technical teams
Why You Should Apply:
- Comprehensive Benefits
- New hire stock equity (RSUs)
- 401K employer match
- Unlimited PTO
- 100% coverage for medical, dental, and vision
- OneMedical membership
- 16 weeks parental leave
- Wellness Benefits
- Flexible workplace
- Employer charity match
- Learning stipend
- Commuter benefits
- Jump Start onboarding program
- Internal mentor program cross-departmentally
- Friendly and inclusive workplace culture
Our job titles may span more than one career level. The starting annual base pay is between $150,000 and $175,000 for this NY-based position. The actual base pay is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The annual base pay range is subject to change and may be modified in the future. This role is eligible for bonus and equity.
Here at IEX, we are dedicated to an inclusive workplace and culture. We are an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information or any other characteristic protected by applicable federal, state or local laws. This policy not only complies with all applicable laws and protects workers' rights but is vital to IEX’s overall mission and values.
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