Job
Description
The Role As a Product Manager, you'll lead the development of mission-critical software modules Order Management Systems (OMS), Risk Management Systems (RMS), and Client Management Systems (CMS)used by several brokers to handle millions of trades. Youll work at the intersection of real-time trading tech, evolving SEBI regulations, and client-driven feature innovation You must bring deep domain understanding, technical acumen, and a sharp instinct for solving broker-side pain points. 4-8 years in Product Management with strong exposure to broking platforms, trading systems, or capital markets technology. Deep understanding of Indian trading infrastructure OMS, RMS, back-office workflows, and SEBI/Exchange regulations. Familiarity with exchange tech stacks (NOW, NEAT, Omnesys, Refinitiv, FIX APIs, etc.). Strong grasp of trading workflows including order placement, margin checks, square-off logic, fund limits, settlement cycles, and audit requirements. Excellent analytical and documentation skills able to break down complex, high-stakes systems into scalable, testable product features. Tech-aware, with the ability to interface with architects, engineers, and QA in highly You Will Do: Own and define the roadmap for OMS, RMS, and CMS platformsprioritize features, define business logic, and guide execution from idea to deployment. Lead the design of Order Management Systems that support multi-leg orders, basket trades, slicing strategies, and multi-exchange routing with ultra-low latency. Develop robust Risk Management frameworks that enforce client-wise exposure limits, margin checks (SPAN + ELM), peak margin validation, square-off logic, and MTM alerts in real time. Build or integrate advanced Client Management modules , eDIS workflows, UCC/KRA validations, transaction monitoring, and regulatory reporting. Interact closely with key stakeholders at client firmsdealers, RMS heads, compliance officers, back-office leadsto collect deep insights and translate them into actionable features. Ensure end-to-end integration with exchange APIs like NSE NOW, NEAT, Omnesys/Nest, IML FIX, and BSE Bolt, as well as third-party RMS vendors and market data providers. Monitor SEBI and exchange circulars; analyze impact and drive fast product iterations for regulatory alignment (e.g., upfront margining, T+1 settlement, new order types). Create detailed BRDs, functional specs, user stories, and wireframes that capture complex trading and compliance workflows. Collaborate with Engineering, QA, and DevOps to deliver stable, high-performance releases on time, with a focus on throughput, latency, and security. Define and monitor product KPIs like: OMS: Order success rates, latency, peak load handling RMS: Margin utilization, breach tracking, risk override logs Conduct competitive benchmarking (e.g., vs Omnesys, Refinitiv, proprietary dealer terminals) to identify strategic product gaps or advantages. Serve as internal SME (Subject Matter Expert) on market microstructure, order types, circuit limits, and broking-specific use cases. (Bonus): Work on initiatives related to High-Frequency Trading (HFT) smart order routing, co-location strategies, FIX protocols, and microsecond-level decision success looks like: Your OMS handles millions of orders/day with sub-100ms response times. RMS logic you define protects brokers without compromising execution agility. Your CMS proactively flags compliance gaps before auditors or regulators do.
