Alpaca - Product Manager - Brokerage - EU

• Alpaca is building the infrastructure layer that partners across Europe use to launch and scale brokerage products. We're expanding our EU footprint - with growing market access, a regional roadmap, and ambitions across equities, ETFs, derivatives, direct connectivity, securities lending, tax reporting, and tax-wrapper products. We're hiring a Product Manager to own that expansion end-to-end: define the strategy, ship the products, and work with regulators, partners, and internal teams to make Alpaca the brokerage platform of choice across the EU. • We're seeking a Product Manager to define and drive new product initiatives and manage a portfolio of existing products across EU markets. With a deep understanding of the regional regulatory landscape, including MiFID II / MiFIR, ESMA, CSDR, national competent-authority frameworks, and member-state tax and tax-wrapper regimes, you will shape the product strategy that enables Alpaca to scale its brokerage infrastructure across the EU. • This role is equal parts strategy and delivery. You'll decide what we build versus buy, how we sequence the region’s roadmap, and which partnerships and connectivity paths get us there - and then ship the brokerage features, tax-wrapper functionality, integrations, and operational workflows that partners and institutional clients depend on every day. • What You'll Walk Into • You won't be starting from zero. You'll be owning live problems: • EU market access: scaling from initial access to full product coverage while meeting MiFID II / MiFIR, ESMA, and local NCA requirements. • The rest of the EU roadmap: prioritizing and delivering the next wave of brokerage capabilities across equities, ETFs, and regional market needs. • EU direct connectivity: building and owning connectivity to EU venues and market infrastructure, reducing reliance on intermediary paths. • EU broker partnerships: evaluating, onboarding, and integrating local brokers to expand coverage and resilience. • Cross-border complexity: passporting, multi-jurisdiction onboarding, and coordinating between Alpaca's global platform and EU market infrastructure. • Tax and tax wrappers: building tax-wrapper account functionality (e.g. PEA / PEA-PME, ISK, PIR) and the tax surface underneath it - tax lots / cost basis, dividend withholding, WHT reclaim, and country-specific tax reporting - so partners can offer jurisdiction-specific wrappers on Alpaca, not just a generic brokerage account. • Things You Get To Do • Own brokerage products tailored for EU markets, including equities, ETFs, tax-wrapper accounts, and related regional offerings. • Own the EU tax and tax-wrapper product surface end-to-end: wrapper eligibility and contribution rules, tax-lot / cost-basis tracking, withholding and reclaim, and the local reporting files partners and end-users need to stay compliant. • Drive brokerage product strategy by analyzing ROI, regional market competition, regulatory requirements, and build-vs-buy scenarios. • Build and execute the product roadmap with a focus on MiFID II / MiFIR-compliant features and regional market needs. • Write product requirements and work with engineers to execute programs that meet local regulatory and market standards. • Improve brokerage operation efficiency by providing solutions and owning the metrics, with a focus on regional settlement, custody, and clearing workflows. • Lead customer calls around brokerage process and product issues to gain insights and translate them into product improvements for EU clients. • Report timely and accurately on product status and results to internal and external stakeholders, including regional partners and institutional clients. • Collaborate with local operations teams to ensure seamless integration between Alpaca's global platform and EU market infrastructure.