Director, Product Management - Clearing

Bullish is seeking a visionary and seasoned Product Management Leader to spearhead its expansion into the US regulated derivatives market. The Director of Product Management will own the strategic roadmap and execution for launching the company's US derivatives business, covering the full scope of a Futures Commission Merchant (FCM), Designated Contract Market (DCM), and Derivatives Clearing Organization (DCO).

Requirements

• Define the end-to-end product strategy for the US market, ensuring alignment with Bullish’s global vision while meeting the specific commercial and regulatory needs of US institutional investors.
• Hire, mentor, and lead a high-performing product team to execute the US roadmap.
• Partner closely with Legal, Compliance, and Executive Leadership to navigate the CFTC application and approval process, ensuring product definitions align with FCM, DCM, and DCO license requirements.
• Oversee the full lifecycle of US derivative products—from initial concept and regulatory approval to launch, liquidity acquisition, and maturity.
• Lead collaboration across Engineering, Quantitative Research, Risk, Operations, and Sales to ensure the platform is "market-ready", including robust clearing workflows, margin methodologies, and reporting infrastructures.
• Define product success metrics, adjusting strategy based on data-driven insights and market feedback.
• Serve as the "face of the product", representing Bullish in conversations with regulators, key institutional clients, and strategic partners.
• Support and champion Product Management best practices, ensuring rigorous documentation, agile delivery, and seamless integration with global product processes.

Benefits

• Competitive compensation and benefits
• Discretionary annual target bonus
• Performance incentives