Product Manager, Prop Trading - Breakout

Posted 22 Days Ago
2 Locations
Remote
110K-221K Annually
Senior level
Blockchain • Financial Services • Cryptocurrency • Web3
We are accelerating the global adoption of crypto, so that everyone can achieve financial freedom and inclusion.
The Role
The Product Manager will lead the trading experience at Breakout, defining UX for derivatives trading and driving product strategy alongside engineering and risk teams.
Summary Generated by Built In
Building the Future of Crypto 

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Proof of work

The team

Breakout is a crypto-native proprietary trading platform backed by Kraken. Founded in 2023 by industry veterans, we combine deep liquidity, cutting-edge technology, and world-class risk management to create an unparalleled trading experience. Acquired by Kraken, we now operate two prop trading products — Breakout Prop and Kraken Prop — at the intersection of the world's most trusted crypto exchange and a fast-moving prop firm.

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 opportunity
  • Drive 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

Skills you should HODL
  • 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.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable 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 knowledgable about crypto!

We may ask candidates to complete job-related skills or work-style assessments as part of our hiring process. These assessments are designed to evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Assessment results are considered alongside other relevant information, such as 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 that’s 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
  • Experience owning a trading or execution product
  • Deep understanding of derivatives trading
  • Track record of shipping complex features end-to-end
  • Ability to write detailed product requirements
  • Strong written communication skills
  • Experience working across multiple engineering teams

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.

  • Healthcare Strength Health, dental, vision, life, disability, and pet insurance are described as available, alongside mental health support and coaching benefits. Wellness programs and stipends (e.g., fitness support, yoga, Headspace, monthly wellness stipend) further strengthen the overall health-and-wellbeing offering.
  • Leave & Time Off Breadth Time-off coverage is portrayed as broad, including a base PTO allotment, paid sick days, holidays, and bereavement leave, with flexibility/unlimited elements in some setups. Fully remote work and flexible schedules are repeatedly positioned as part of the overall rewards experience.
  • Retirement Support A 401(k) plan with an employer match is specified, creating a concrete retirement benefit beyond cash compensation. Equity grants and performance bonuses are also presented as part of the financial rewards package.

Kraken Digital Asset Exchange Insights

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The Company
Dublin, Dublin
2,900 Employees
Year Founded: 2011

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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