Prep.Study - Product Manager - Roadmap & Strategy

The Role:

As a Product Manager, you'll lead the development of mission-critical software modulesOrder
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.

- 48 years in Product Management with strong exposure to broking platforms, trading systems, or
capital markets technology.

- Deep understanding of Indian trading infrastructureOMS, 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 technical
conversations.

What 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 systems.

What 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.

- Brokers say this is exactly what we needed after your product releases.

Must-Have Skills:

- 48 years in Product Management with strong exposure to broking platforms, trading systems, or
capital markets technology.

- Deep understanding of Indian trading infrastructureOMS, 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 technical
conversations.

Nice-to-Have Skills:

- Experience building or contributing to HFT systems or low-latency trading platforms.

- Prior work in or with stock broking firms, proprietary desks, or algo trading platforms.

- Familiarity with capital markets middleware, FIX gateways, and TBT feeds.

- Exposure to mobile trading apps or dealer terminals used in high-volume environments.

Why Join Us?

- Domain Depth: Tackle real-world challenges in capital markets, algo trading, and financial data
platforms.

- Intelligent Teams: Work with top-tier engineers, architects, and FinTech veterans.

- Energizing Work Environment: In-office collaboration with a start-up feel and enterprise-grade
problems.

- Global Projects: Deliver solutions that are used by trading desks and financial institutions
worldwide.

- Perks & Benefits: Competitive salary, Flat hierarchy and high-impact roles, Access to leaders
from trading, tech, and regulatory backgrounds, A team that values performance, not just
presence.