Product Manager, Corporate Actions
Job description
Own the corporate actions product lifecycle at a self-clearing broker-dealer, building and operating systems, vendor relationships, and processes for accurate, compliant, on-time corporate action processing.
At a glance
- Work mode
- Remote
What you'll do
- Drive the product roadmap for announcement capture, entitlement calculation, mandatory and voluntary event processing, payouts, and exception handling; define timelines, acceptance criteria, and quality gates
- Own relationships with corporate action data providers; build announcement review workflows and establish trustworthy announcement data as a prerequisite for automation
- Design staged automation for mandatory corporate actions and pre-reconciliation
- Deliver entitlement worksheets, partial processing (process selected accounts or correspondents while excluding problematic ones), and dashboards for processing time, load, progress, and credited amounts
- Coordinate the corporate-action work required for newly launched international markets
- Partner with cross-functional engineering teams to prevent conflicts across Security Master, brokerage, and ledger systems
What we're looking for
- Deep working knowledge of brokerage corporate action processing — announcement sources, record/ex/pay dates, entitlements, mandatory vs. voluntary events; lived through high-volume event seasons at a broker-dealer, clearing firm, or custody/post-trade platform
- Proven track record in Product Management or technical program management at a fintech, brokerage, or financial infrastructure company; ability to create a roadmap, manage a backlog, and ship under hard operational deadlines
- Enough clearing depth to reason about stock record, ledgers, settlements, and books and records
- Exceptional ability to coordinate across Engineering, Operations, Compliance, Tax, Finance, and Legal; translate complex business needs into clear engineering requirements and defend prioritization decisions
- Comfortable working with data systems, vendor feeds, reconciliation workflows, and partnering closely with engineers on observability and data integrity
- Strong judgment to weigh risk, operational efficiency, tech feasibility, time, and budget in a regulated self-clearing environment
Nice to have
- Familiarity with how corporate actions feed tax reporting (cost basis, wash sales, 1099 event mapping) and Security Master tax attributes
- Experience with B2B2C correspondent / broker-as-a-service models and partner sandbox/testing needs
- AI-native PM workflow: recurring use of tools like Cursor, Claude, ChatGPT, or custom agents in PRD drafting, incident synthesis, data exploration, and prototyping
Benefits
- Competitive Salary & Stock Options
- Health Benefits
- New Hire Home-Office Setup: One-time USD $500
- Monthly Stipend: USD $150 per month via a Brex Card
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About Alpaca
Agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more
US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 10 million brokerage accounts.
Mission
Opening financial services to everyone on the planet
Key facts
- brokerage infrastructure / financial services
- Serving hundreds of financial institutions across 40 countries
- Totalling over 10 million brokerage accounts
- Deeply committed to open-source contributions
- Award-winning, developer-friendly API
What they value
- Stay Curious
- Have Empathy
- Be Accountable