VP of Product Development

Posted 104ds ago

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Job Description

VP of Product Development at Tidal Financial Group driving ETF innovation and product development. Leading quantitative strategy development and risk management with collaborative team partnerships.

Responsibilities:

  • Design, backtest, and refine ETF investment strategies using quantitative methodologies.
  • Collaborate with internal teams (Legal, Compliance, Capital Markets, Trading) to optimize strategies for performance and scalability.
  • Develop and maintain proprietary tools for strategy simulation and performance analysis.
  • Implement coding solutions to automate and streamline quantitative workflows.
  • Integrate options and other derivatives into product strategies and risk management frameworks.
  • Build models to assess derivative-based strategies for ETFs, ensuring alignment with market opportunities and client objectives.
  • Utilize Value-at-Risk (VaR)-based frameworks to assess and manage product risks.
  • Conduct scenario analysis and stress testing for ETF strategies to ensure robust risk mitigation.
  • Independently generate and propose innovative ETF product ideas tailored to evolving market trends and client needs.
  • Monitor and identify emerging trends across the U.S. ’40 Act ETF landscape to proactively inform Tidal’s product roadmap and ideation pipeline.
  • Draft and review prospectus language and ETF strategy disclosures to support efficient execution from concept to filing.
  • Partner closely with Business Development and Client Success teams to ensure product development priorities are aligned with overall business objectives and growth initiatives.
  • Mentor and guide junior team members, fostering a collaborative and innovative team environment.

Requirements:

  • Bachelor’s degree in a quantitative discipline such as Finance, Economics, Mathematics, Computer Science, or Engineering; CFA or advanced degree (MBA, MS, or PhD) preferred.
  • 10+ years of experience in financial product development, quantitative research, or a related field, with a focus on ETFs and derivatives.
  • Proficiency in programming languages such as Python, R, or C++ for financial modeling and tool development.
  • Extensive experience with options, futures, and other derivatives, including modeling and strategy implementation.
  • Strong understanding of risk management principles, including VaR and stress testing methodologies.
  • Demonstrated ability to translate complex quantitative models into actionable investment strategies.
  • Proven creativity and entrepreneurial spirit in developing new financial products.
  • Exceptional analytical, problem-solving, and communication skills.

Benefits:

  • Health insurance
  • Retirement plans
  • Paid time off
  • Flexible work arrangements
  • Professional development
  • Bonuses
  • Stock options
  • Equipment allowances
  • Wellness programs