Product Manager, Corporate Actions

The role

You will own the corporate actions product lifecycle at a self-clearing broker-dealer. You will build and operate systems, vendor relationships, and processes for announcement ingestion, entitlement calculation, processing, reconciliation, and client credit.

What you will do

• Drive the product roadmap for announcement capture, entitlement calculation, mandatory and voluntary event processing, payouts, and exception handling.
• Own relationships with corporate action data providers.
• Build announcement review workflows and establish trustworthy announcement data.
• Design staged automation for mandatory corporate actions and pre-reconciliation.
• Deliver entitlement worksheets, partial processing, 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.

Required qualifications

• Deep working knowledge of brokerage corporate action processing including announcement sources, record/ex/pay dates, entitlements, and mandatory vs. voluntary events.
• Experience in Product Management or technical program management at a fintech, brokerage, or financial infrastructure company.
• Clearing depth to reason about stock record, ledgers, settlements, and books and records.
• Ability to coordinate across Engineering, Operations, Compliance, Tax, Finance, and Legal.
• Comfortable working with data systems, vendor feeds, reconciliation workflows, and partnering with engineers.
• 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 and Security Master tax attributes.
• Experience with B2B2C correspondent / broker-as-a-service models and partner sandbox/testing needs.
• AI-native PM workflow using tools like Cursor, Claude, ChatGPT, or custom agents.

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

About the company

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. It is a licensed financial services company serving hundreds of financial institutions across 40 countries.