Product Management - Senior Product Manager - Futures & Options (F&O) / Derivatives

Job description

About Us:Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology. About team : Paytm Money is the wealth-tech and stockbroking platform of Paytm. It offers services including stock trading, mutual funds, ETFs, IPOs, Futures & Options (F&O), and retirement products through intuitive mobile and web platforms. The team is focused on building simple, reliable, and scalable investing and trading experiences for millions of retail investors across India. About the Role We are seeking a passionate and detail-oriented Product Manager – Futures & Options (F&O) / Derivatives to join the Paytm Money Product team. The ideal candidate should have a strong understanding of India's listed derivatives market, trader workflows, risk management, exchange regulations, and digital trading platforms. This is an Individual Contributor (IC) role with end-to-end ownership of F&O products—from strategy and discovery to execution and continuous optimization. Key Responsibilities • Own end-to-end product lifecycle for F&O products including Index & Stock Futures, Equity & Index Options, Option Chain, Strategy Builder, Basket Orders, Multi-leg Orders, GTT Orders, Margin Calculator, Position Management, and P&L Analytics • Define product vision, roadmap, and strategy aligned with customer needs, business goals, and regulatory requirements • Collaborate with engineering, design, risk, compliance, operations, brokerage, marketing, and business teams to build and launch trading features • Conduct market research, competitor benchmarking, customer interviews, and trading behavior analysis to identify opportunities • Translate requirements into PRDs, wireframes, user journeys, APIs, and acceptance criteria • Build seamless, low-latency, high-reliability order placement and execution experiences • Ensure compliance with SEBI, NSE, BSE, Clearing Corporation, and exchange regulations including margins, peak margin, risk disclosures, and suitability norms • Drive acquisition, activation, engagement, trading frequency, and revenue growth through experimentation and data-driven improvements • Define success metrics, monitor performance, and optimize funnels using analytics and insights • Stay updated on derivatives market trends, exchange circulars, microstructure, and trader behavior Requirements • 3+ years of overall experience • Minimum 1+ years in F&O, Derivatives, Broking, Capital Markets, or WealthTech Product Management • Strong understanding of derivatives lifecycle, order flows, margin systems, RMS, clearing & settlement, and compliance frameworks • Experience with digital trading or capital market platforms • Strong analytical and problem-solving skills with data-driven decision making • Excellent stakeholder management and cross-functional collaboration skills • Strong communication skills and experience writing detailed PRDs • Ability to thrive in a fast-paced fintech environment Superpowers that will help you to succeed • Deep understanding of Indian derivatives market and trader behavior • Experience building Option Chain, Option Greeks, Strategy Builder, Basket Orders, Margin Calculator, TradingView integrations, and advanced charting tools • Knowledge of options pricing, Greeks, volatility, payoff strategies, and risk management • Familiarity with exchange APIs, OMS/RMS architecture, market data systems, and real-time trading infrastructure • Experience scaling B2C fintech or trading products using product-led growth Why join us : We aim at bringing half a billion Indians into the mainstream economy, and everyone working here is striving to achieve that goal. Our success is rooted in our people’s collective energy and unwavering focus on the customers, and that’s how it will always be. We are the largest merchant acquirer in India. Compensation: If you are the right fit, we believe in creating wealth foryou.With enviable 500 mn+ registered users, 21 mn+ merchants, and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story! About Us:Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology.About team : Paytm Money is the wealth-tech and stockbroking platform of Paytm. It offers services including stock trading, mutual funds, ETFs, IPOs, Futures & Options (F&O), and retirement products through intuitive mobile and web platforms. The team is focused on building simple, reliable, and scalable investing and trading experiences for millions of retail investors across India.About the RoleWe are seeking a passionate and detail-oriented Product Manager – Futures & Options (F&O) / Derivatives to join the Paytm Money Product team. The ideal candidate should have a strong understanding of India's listed derivatives market, trader workflows, risk management, exchange regulations, and digital trading platforms. This is an Individual Contributor (IC) role with end-to-end ownership of F&O products—from strategy and discovery to execution and continuous optimization.Key Responsibilities• Own end-to-end product lifecycle for F&O products including Index & Stock Futures, Equity & Index Options, Option Chain, Strategy Builder, Basket Orders, Multi-leg Orders, GTT Orders, Margin Calculator, Position Management, and P&L Analytics• Define product vision, roadmap, and strategy aligned with customer needs, business goals, and regulatory requirements• Collaborate with engineering, design, risk, compliance, operations, brokerage, marketing, and business teams to build and launch trading features• Conduct market research, competitor benchmarking, customer interviews, and trading behavior analysis to identify opportunities• Translate requirements into PRDs, wireframes, user journeys, APIs, and acceptance criteria• Build seamless, low-latency, high-reliability order placement and execution experiences• Ensure compliance with SEBI, NSE, BSE, Clearing Corporation, and exchange regulations including margins, peak margin, risk disclosures, and suitability norms• Drive acquisition, activation, engagement, trading frequency, and revenue growth through experimentation and data-driven improvements• Define success metrics, monitor performance, and optimize funnels using analytics and insights• Stay updated on derivatives market trends, exchange circulars, microstructure, and trader behaviorRequirements• 3+ years of overall experience• Minimum 1+ years in F&O, Derivatives, Broking, Capital Markets, or WealthTech Product Management• Strong understanding of derivatives lifecycle, order flows, margin systems, RMS, clearing & settlement, and compliance frameworks• Experience with digital trading or capital market platforms• Strong analytical and problem-solving skills with data-driven decision making• Excellent stakeholder management and cross-functional collaboration skills• Strong communication skills and experience writing detailed PRDs• Ability to thrive in a fast-paced fintech environmentSuperpowers that will help you to succeed• Deep understanding of Indian derivatives market and trader behavior• Experience building Option Chain, Option Greeks, Strategy Builder, Basket Orders, Margin Calculator, TradingView integrations, and advanced charting tools• Knowledge of options pricing, Greeks, volatility, payoff strategies, and risk management• Familiarity with exchange APIs, OMS/RMS architecture, market data systems, and real-time trading infrastructure• Experience scaling B2C fintech or trading products using product-led growthWhy join us : We aim at bringing half a billion Indians into the mainstream economy, and everyone working here is striving to achieve that goal. Our success is rooted in our people’s collective energy and unwavering focus on the customers, and that’s how it will always be. We are the largest merchant acquirer in India.Compensation: If you are the right fit, we believe in creating wealth foryou.With enviable 500 mn+ registered users, 21 mn+ merchants, and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!