[Hiring] Staff Product Manager @Morpho

Role Description

Banks, asset managers and token issuers are bringing stocks, funds and other real-world assets onchain. Those assets become far more useful once their holders can borrow against them and lend them out. Midnight, Morpho's fixed-rate, fixed-term lending protocol, gives institutions the predictable terms they need to do that.

This role owns the products that make Morpho the credit layer for institutional assets, spanning tokenized equities and funds as collateral, loans backed by assets held with a qualified custodian, and the onchain equivalents of repo and securities lending.

Close partnership with institutions is central to this role. You will develop a detailed understanding of how they operate across trading, custody and compliance, and translate their requirements into products that scale across many partners.

Responsibilities

• Own the vision, strategy and roadmap for institutional credit on Morpho, end to end.
• Act as Morpho's domain expert on the institutional market.
• Go deep with issuers, asset managers, banks, custodians and brokers on how they finance and lend assets.
• Represent Morpho with them, and turn conflicting input into precise problem statements and requirements.
• Decide which issuers and asset types come first, which wait and which Morpho declines, and make the trade-offs explicit.
• Judge which partner-specific requests become standard capabilities many institutions can use.
• Work as a peer to the protocol team on design trade-offs.
• Drive each initiative from problem definition through launch and adoption, across teams you do not manage.
• Define success before launch, measured in active loans.

What Success Looks Like

• First 30 days: Understand Morpho's lending stack and what Midnight makes possible. Meet protocol, markets, vaults, solutions, business development and legal, and join live conversations with issuers and asset managers. Write down where the issuer product stands and what blocks its first launch.
• First 3 months: First issuers are onboarding to a defined product with standard terms. Have a ranked view of the next two institutional loan types, backed by partner evidence, with named partners in conversation for each.
• First 6 months: Issuers are live and holders of their assets are borrowing. A second institutional loan type has a working proof of concept with real counterparties. New institutions onboard through a repeatable process, not a custom project.

Qualifications

• Shipped products for institutional users in capital markets or securities finance: repo, securities lending, prime brokerage, collateral management, custody or tokenized assets.
• A track record of taking a product from zero to one, where you found the opportunity and carried it through launch.
• Working knowledge of how institutions hold, finance and lend assets, and of the regulatory and operational constraints that shape those products.
• Comfortable leading conversations with senior people at banks, asset managers and issuers, and turning them into clear requirements.
• Able to deliver through influence across teams, without a dedicated engineering team.
• Clear writing and speaking for technical and non-technical audiences.
• Creates clarity and drives decisions in ambiguous situations, and acts without waiting to be told.
• Team-first mindset, low ego.

Nice to Have

• Experience with onchain lending, tokenization or digital asset custody.
• Time on both sides: at a traditional financial institution and at a technology company.
• Has been a founder, or owned a new product line end to end.

Benefits

• Fair, top-tier compensation.
• Real flexibility.
• Time together in Paris.
• Great health coverage.
• Support to keep learning.

Equal Opportunity

We welcome applicants from all backgrounds and hire based on talent, potential, and values alignment.