Product Manager
21Shares · New York, New York, United States ·
- Category
- Product
- Experience
- 3+ years
- Company size
- 1000+
- Salary
- USD 135,000 – 150,000 / year
Owns and scales crypto ETP product offerings by defining platform capabilities, workflows, and controls to support market entry and long-term growth in regulated exchanges.
About 21shares
21shares is a crypto-native asset manager and the world's first, and one of its largest, issuers of physically-backed crypto ETPs. 21shares products are regulated under MiFID II and listed on leading exchanges across Europe and the UK, including the London Stock Exchange, SIX Swiss Exchange, Deutsche Boerse Xetra, Euronext Amsterdam and Paris, Borsa Italiana, and NASDAQ OMX. The firm operates under regulatory oversight from the Swedish FSA (EU prospectus), the FCA (UK), and FINMA (Switzerland). In the US, 21shares offers a range of exchange-traded products listed on Cboe and Nasdaq, including spot Bitcoin and spot Ethereum ETPs and a 21shares Active Crypto ETF - an actively managed fund providing diversified exposure across digital assets.
21shares has a track record in regulated ETP issuance, proprietary technology, and capital markets expertise that enables it to deliver transparent, cost-efficient investment solutions. 21shares is a subsidiary of FalconX, the leading digital asset prime brokerage for the world's top institutions.
That infrastructure is Onyx - our proprietary investment platform, built in-house and owned end-to-end. Onyx today handles the operations that keep our products running and is built for the scale of where 21shares is going.
We are looking for a Product Manager to own product requirements for Onyx - working directly with the SVP of Technology Products, embedded in the ETP and ETF business, accountable for translating what the business needs into what engineering delivers. You will define what gets built. Not configure what someone else decided.
What you’ll do
- Embed with investment and operations teams to understand workflows firsthand - requirements come from direct observation, not stakeholder translation.
- Champion the user in every product decision - understand how teams actually work, what slows them down, and what they need Onyx to do differently.
- Own product requirements end-to-end: discovery, scoping, engineering handoff, UAT, and go-live.
- Define platform capabilities, data standards, and integration points that allow new asset types, product structures, and markets to onboard without custom builds.
- Partner with engineering to evaluate system constraints, surface dependencies, and shape solutions that reduce operational risk.
- Identify when a market-specific requirement is actually a platform capability - flag it, escalate it, and ensure it gets built once rather than rebuilt for each market.
- Use AI natively across the product development workflow - from discovery and requirements synthesis to spec generation, workflow mapping, and prototype iteration - without outsourcing judgment.
- 3+ years in fund platform implementation, investment operations technology, or a product-adjacent role with direct exposure to pre-trade or post-trade financial product workflows.
- Demonstrated ability to structure requirements: you have written user stories, process flows, or functional specs that engineering teams have built from - not just participated in requirements conversations.
- Experience with enterprise platforms where data accuracy, auditability, and reliability are baseline expectations.
- Strong domain foundation. Relevant backgrounds include:
- Operations or product roles at an asset manager, fund servicer, custodian, or digital asset custody platform handling NAV, order management, AP workflows, or settlement.
- Implementing or supporting multi-client fund platforms across multiple clients or markets - onboarding, configuration, and translating client workflows into platform requirements.
- Technology, product, or operations roles inside a hedge fund, asset manager, or proprietary trading firm - owning or improving the systems and workflows that run the investment business.
- Ability to translate what you observe in operations into system requirements - and engage in technical discussion about data models, integrations, and platform dependencies.
- Comfort working across timezones with globally distributed business and engineering teams.
- Comfort making decisions with incomplete information in a fast-moving environment.
- You communicate with precision: written requirements, verbal tradeoffs, stakeholder updates - clear, direct, and structured.
- You bring engineers into the problem early, not after you have decided the solution.
- You challenge assumptions, accept being challenged, and prioritize the right outcome over being right.
- You have worked on systems such as multi-tenant order management, portfolio administration, post-trade processing, NAV calculation, reconciliation, or digital asset custody platforms - and moved from configuring them to understanding why they were designed that way and what should change.
- Background in crypto, digital assets, or exchange-traded financial products.
- Demonstrated AI fluency: you have changed how you work because of AI tools, not just used them occasionally.
- Technical depth sufficient to read an API spec, challenge an engineering estimate, and hold your own in an architecture discussion.
This role is based in New York City and will be expected to work from our New York office Monday - Wednesday.
(NYC only) Pursuant to Section 8-102 of title 8 of the New York City administrative code, the base salary range for this role is $135,000.00 - 150,000.00. Total compensation packages are based on a wide array of factors unique to each candidate, including but not limited to skill set, years & depth of experience, certifications and specific office location. This may differ in other locations due to cost of labor considerations.