Alpaca

Product Manager - Wealth Management / RIA

North America

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, BrokerageIndustries

Product Manager, Wealth Management/RIA

Employment Type: [Not Specified] Location Type: [Not Specified] Salary: [Not Specified]


Who We Are:

Alpaca is a US California-headquartered brokerage infrastructure technology company and self-clearing broker-dealer. We deliver execution and custody solutions for Stocks, ETFs, Options, Cryptocurrencies, and more, and have raised over $170 million in funding. Alpaca is a licensed financial services company in multiple countries, serving hundreds of financial institutions globally, including broker-dealers, investment advisors, hedge funds, and crypto exchanges.

Our globally distributed team comprises engineers, traders, and brokerage professionals dedicated to our mission: "Open financial services to everyone on the planet." We are committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning developer-friendly API and its underlying infrastructure.

Our Team Members:

  • We are a team of 200+ globally distributed members, enjoying the flexibility to work from our favorite places worldwide.
  • Our team spans the USA, Canada, Japan, Hungary, Nigeria, Brazil, the United Kingdom, and more.
  • We seek candidates eager to join Alpaca's growing organization and excited about our Mission and Values:
    • Mission: "Open financial services to everyone on the planet."
    • Values: "Stay Curious," "Have Empathy," and "Be Accountable."

Your Role:

Alpaca is seeking a driven and experienced Product Manager to spearhead our Wealth Management/RIA focus products. Join us at Alpaca (https://alpaca.markets/hiring) to play a pivotal role in crafting and enhancing our product suite designed specifically for Registered Investment Advisors (RIAs) and the wealth management sector. If you are passionate about shaping the future of wealth management through innovative technology, we want to hear from you.

Things You Get To Do:

  • Define and manage the product roadmap for wealth management and RIA-focused API products.
  • Collaborate with engineering, design, and compliance teams to develop robust and compliant solutions.
  • Engage with RIAs and wealth management professionals to gather feedback and understand market needs.
  • Conduct competitive analysis and market research to identify opportunities and trends.
  • Analyze product data and user feedback to drive continuous improvement and feature enhancements.
  • Manage the product lifecycle from ideation to launch and beyond.
  • Present product strategies and updates to internal and external stakeholders.

Who You Are (Must-Haves):

  • Bachelor's degree in Computer Science, or equivalent professional experience.
  • Proven experience (5+ years) as a Product Manager with a focus on wealth management and RIA products or on capital market products.
  • Deep understanding of the RIA landscape, wealth management practices, and regulatory requirements.
  • Strong analytical, problem-solving, and strategic thinking skills.
  • Excellent communication and presentation skills.
  • Ability to work effectively in a dynamic and collaborative environment.
  • Familiarity with fintech solutions and API-driven platforms.
  • Based in the USA/Canada, or have similar domestic business experience.

How We Take Care of You:

  • Competitive Salary & Stock Options
  • Health Benefits
  • New Hire Home-Office Setup: One-time USD $500
  • Monthly Stipend: USD $150 per month via a Brex Card

Alpaca is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.

Recruitment Privacy Policy

Skills

Product Management
Wealth Management
RIA
Roadmap Definition
Financial Services
Brokerage Infrastructure
API

Alpaca

API-first brokerage for stock trading

About Alpaca

Alpaca Securities LLC operates in the stock brokerage industry by providing an API-first brokerage service that allows other businesses to create their own trading applications. This service enables companies to integrate stock trading functionality into their platforms without the need to become brokers themselves, saving them time and resources. Alpaca's API supports seamless trading experiences for users and includes features like Local Currency Trading, which allows international investors to trade US stocks in their local currency. Additionally, Alpaca offers crypto wallets and coin pair trading, expanding the financial services available to its clients. Unlike traditional brokers, Alpaca focuses on a business-to-business model, catering primarily to other companies that want to offer trading services to their customers. The goal of Alpaca is to simplify the trading process for businesses and their users while providing a secure and efficient platform for executing trades.

San Mateo, CaliforniaHeadquarters
2015Year Founded
$84.5MTotal Funding
CONVERTIBLECompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Competitive salary & stock options
Medical, dental, & vision
Home office setup stipend
Monthly Brex Card stipend

Risks

Increased competition from fintech platforms like GUGU offering commission-free trading.
Potential regulatory challenges in international markets may complicate Alpaca's expansion.
Self-clearing transition introduces operational risks in managing settlement processes.

Differentiation

Alpaca offers API-first brokerage services, enabling businesses to build trading applications.
Alpaca supports local currency trading, simplifying US stock trading for international investors.
Alpaca provides crypto wallets and coin pair trading, expanding financial services for clients.

Upsides

Alpaca's self-clearing transition enhances asset transfers and securities lending opportunities.
Partnership with Derayah Financial accelerates Middle Eastern business expansion for Alpaca.
Alpaca's limit orders and extended hours trading for fractional shares lead retail trading.

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