Payward - the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.
Before you apply, we encourage you to explore our culture page to understand what drives us and how we work.
Breakout is a crypto prop trading program that gives skilled traders access to capital, with up to 90% of profits going to the trader. Traders pass a one-step evaluation, then trade funded accounts up to $200K with on-demand profit withdrawals, 24/7.
We're a lean, high-conviction team where every hire genuinely shapes the product. The trading experience is our core competitive surface — it's what traders evaluate us on, stay for, and tell their networks about. This role owns it.
You'll work alongside traders, engineers, and operators who move fast, think rigorously, and hold each other to a high bar. If you want to build the best prop trading terminal in crypto, this is the team.
Reporting directly to the Head of Product, the PM, Prop Trading will own the end-to-end trading experience across Breakout Prop and Kraken Prop — web and mobile.
The opportunityDrive the trading experience roadmap within your domain — sequencing, requirements, and delivery — in close partnership with the Head of Product
Define what best-in-class prop trading UX looks like: fast, intuitive, and built for serious derivatives traders
Drive execution on near-term priorities and terminal parity with the best in market (Hyperliquid and beyond)
Lead the product strategy for agentic and API trading — giving power users programmatic access to prop capital
Partner with Kraken Pro engineering to build a trading experience that feels native to the crypto ecosystem while serving the specific needs of prop traders
Work closely the risk team to translate execution nuance into product requirements — understanding A-book vs B-book mechanics, drawdown rules, and how they shape UX
Set the bar for what "done" means on trading features — requirements, edge cases, acceptance criteria, and post-ship iteration
Product depth
3-6+ years in senior product management, with significant time owning a trading or execution product
Deep understanding of derivatives trading — perps, futures, margin, leverage, order types, risk parameters
Experience building for professional or semi-professional traders who have high expectations and low tolerance for friction
Track record of shipping complex, technically demanding features end-to-end with high quality
Ability to write detailed, unambiguous product requirements that engineers can act on without constant clarification
Strong opinions on trading UX — you've used the best terminals out there and you know what good looks like
Technical fluency
Comfortable in the technical weeds — you can read API docs, understand data contracts, and have an informed opinion on architectural tradeoffs
Experience working on products with real-time data requirements (streaming prices, live P&L, order state)
Familiarity with trading infrastructure concepts — order routing, execution layers, risk engines, position monitoring
Bonus: experience with agentic workflows, algorithmic trading, or API-first product design
Leadership & craft
Senior enough to own a domain with minimal direction — you set the agenda, you don't wait for one
Strong written communicator — your PRDs, tickets, and async updates are clear and complete
Experience working across multiple engineering teams and navigating cross-functional dependencies
Trader empathy — you understand what it feels like to have a position open and need the product to work perfectly
Crypto-native or deeply curious — you understand the space, the culture, and why prop trading matters here
Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis.
Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.
We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Payward is powered by people from around the world and we celebrate the diverse talents, backgrounds, contributions, and unique perspectives that everyone brings to the table. We hire based on merit, seeking out people with the right abilities, knowledge, and skills for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgeable about crypto.
We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Results are considered alongside experience and interviews, and are not the sole basis for any employment decision.
As an equal opportunity employer, we don't tolerate discrimination or harassment of any kind, whether based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status, or any other protected characteristic as outlined by federal, state, or local laws.
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Skills Required
- 3-6+ years in senior product management
- Deep understanding of derivatives trading
- Track record of shipping complex features end-to-end
- Strong written communication skills
- Experience with real-time data products
- Familiarity with trading infrastructure concepts
Kraken Digital Asset Exchange Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Kraken Digital Asset Exchange and has not been reviewed or approved by Kraken Digital Asset Exchange.
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Fair & Transparent Compensation — Pay is considered competitive for many roles, with strong total compensation reported for in‑demand technical and senior positions. Market‑aligned packages are highlighted across key functions, indicating the ability to reach top‑of‑market for certain hires.
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Equity Value & Accessibility — Equity grants are available for most roles, complemented by bonus programs and the option to receive a portion of pay in crypto. This ownership‑oriented design is positioned as part of the standard total compensation approach.
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Flexible Benefits — A remote‑first operating model, flexible time off, and a remote‑workstation setup bonus emphasize autonomy and location flexibility. Core benefits are framed to support distributed work across multiple regions.
Kraken Digital Asset Exchange Insights
What We Do
Kraken is one of the world’s longest-standing and most secure crypto platforms. Our mission is to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade more than 200 digital assets and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Kraken was founded in 2011 and was one of the first platforms to offer spot trading with margin,, staking, regulated derivatives and index services. Trusted by over 10 million individuals, traders and institutions around the world, Kraken offers professional 24/7/365 client support along with one of the fastest, most performant trading platforms available. Kraken has set the industry standard for transparency and client trust, and was the first crypto platform to conduct Proof of Reserves. In 2024, Kraken ranked 12th in Newsweek's Global Top 100 list of Most Loved Workplaces. This recognition reflects our ongoing commitment to providing a flexible workplace that prioritizes wellbeing and career development. Kraken prioritizes client-centricity, security, and superior products, valuing merit and encouraging bold ideas within a transparent communication framework. Kraken offers a flexible, asynchronous, and globally remote work culture, allowing its employees (aka Krakenites) to balance team and personal needs. Kraken provides diverse learning and development programs, enabling Krakenites to chart their own professional paths in the crypto industry. Benefits include globally competitive compensation (with crypto payment options), flexible time off, wellness perks, and annual team retreats. Kraken's collaborative culture promotes authenticity, humility, and respect, encouraging candid interactions and valuing diverse perspectives from its global team. Crypto conviction is central to Kraken's ethos, driving product and service development. The company views challenges as opportunities for creative problem-solving, remaining adaptable in the fast-paced crypto industry. Kraken seeks individuals with an entrepreneurial spirit and a curious, self-starting approach to complex problems. The company fosters a culture of accountability and clear communication, valuing critical feedback for continuous improvement. Overall, Kraken's EVP reflects its commitment to building a bridge from traditional finance to crypto, both in its broader mission and in supporting employees transitioning to crypto careers.
Why Work With Us
Work at Kraken to be part of a mission-driven crypto revolution. Enjoy a flexible, remote-first culture that values bold ideas. Grow your career with competitive benefits and diverse learning opportunities. Join a collaborative team that embraces innovation, accountability, and globally inclusive perspectives.
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