Role description

About Paytm:

Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm’s mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology

About Team:

Paytm Money is a SEBI-registered online investment and stockbroking platfor that allows users to invest in direct mutual funds, stocks, IPOs, ETFs, NPS, and derivatives. It specializes in zero-commission direct mutual funds and offers low-cost trading, featuring a, "mobile-first" approach for both beginners and experienced investors

About the Role:

We are looking for an experienced Product Manager to lead the development and scaling of our trading and investment platform. The role involves owning critical platform capabilities across brokerage systems including mutual funds, equities, and derivatives. You will work closely with engineering, risk, compliance, and operations teams to build scalable, reliable, and low-latency systems that power trading, portfolio management, and risk infrastructure.

Key Responsibilities

1. Core Platform & System Ownership

• Define and evolve scalable platform capabilities including user lifecycle management such as onboarding, KYC, and risk profiling.
• Own account management systems, ledgers, portfolio holdings, P&L, and margin infrastructure.
• Manage the order lifecycle including order creation, modification, cancellation, and execution states.
• Build and improve notification systems, s, and real-time event-driven architecture.
• Ensure system reliability, scalability, and performance by collaborating with engineering on API contracts and modular service architecture.

2. Mutual Funds Product Systems

• Own transaction flows including Lumpsum investments, SIP, STP, SWP, and redemption processes.
• Define NAV processing, cut-off time logic, order batching, reconciliation, and RTA integrations.
• Improve portfolio computation accuracy, capital gains reporting, tax statements, and investor reporting systems.
• Ensure compliance with SEBI guidelines and audit requirements.

3. Equity Brokerage Systems

• Define and optimize Order Management Systems (OMS) and Risk Management Systems (RMS).
• Manage real-time market data ingestion, processing, and distribution systems.
• Oversee the full trade lifecycle: order placement → exchange routing → execution → clearing → settlement.
• Work on margin frameworks including VAR, ELM, and peak margin.
• Improve reconciliation processes, contract note generation, and settlement reporting.

4. Futures & Options (F&O) Systems

• Own derivatives lifecycle including option chain data structures and refresh mechanisms.
• Define margin calculation engines such as SPAN and exposure margin frameworks.
• Build risk analytics capabilities including Greeks computation and leverage monitoring.
• Implement safeguards for risk triggers, position limits, and margin checks.
• Ensure real-time MTM updates, P&L calculations, and expiry settlement handling.

5. Data, Risk & Controls

• Define and track key product KPIs including order success rate, latency, reconciliation accuracy, margin utilization, and trade volume.
• Drive event tracking architecture and instrumentation standards.
• Partner with Risk, Compliance, and Finance teams to ensure audit-grade traceability.
• Implement system guardrails to prevent misuse and regulatory breaches.

6. Execution & Stakeholder Alignment

• Translate business requirements into detailed PRDs with functional specifications, API contracts, state diagrams, and edge-case handling.
• Lead sprint planning, roadmap development, and backlog prioritization.
• Work closely with engineering, operations, compliance, risk teams, and exchange partners to deliver high-quality product releases.

Required Qualifications

• Product Management experience in fintech, brokerage, trading platforms, or capital markets.
• Strong understanding of market microstructure, exchange connectivity, clearing and settlement processes, and margin frameworks.
• Experience working with high-scale, low-latency transactional systems.
• Ability to define system workflows using sequence diagrams, state machines, and data models.
• Strong analytical skills with proficiency in SQL and product analytics tools.

Why join us?

A collaborative output driven program that brings cohesiveness across businesses through technology Improve the average revenue per use by increasing the cross-sell opportunities A solid 360 feedback from your peer teams on your support of their goals Respect, that is earned, not demanded from your peers and manager

Compensation:

If you are the right fit, we believe in creating wealth for you With enviable 500 mn+ registered users, 17 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!