Senior Director, Listed Derivatives - Index Product Management

Nasdaq is seeking a Senior Director, Listed Derivatives to lead commercial strategy, ecosystem development, and product management for Nasdaq Indexes' listed derivatives business. This individual will serve as the primary commercial and product lead for derivatives linked to Nasdaq indexes, working across internal businesses, exchange partners, clients, and market participants to drive growth and adoption. The role combines commercial strategy, partnership management, product innovation, and business execution, with significant engagement with senior stakeholders across the derivatives industry.

The position serves as a strategic bridge between Nasdaq's Index and Market Platforms businesses, supporting a "One Nasdaq" approach to growing existing derivatives franchises while identifying new opportunities for index-linked derivatives. Working closely with Nasdaq's Sales organization, the successful candidate will help manage strategic client relationships, represent Nasdaq in senior-level commercial discussions, and support the continued growth of derivatives linked to Nasdaq indexes.

Key Responsibilities:

Own Nasdaq Indexes' Listed Derivatives Ecosystem Strategy

• Own the commercial strategy for Nasdaq Indexes' listed derivatives ecosystem, including futures and options linked to Nasdaq indexes.
• Drive initiatives that support product adoption, liquidity growth, and commercial success across existing derivatives franchises.
• Collaborate closely with Nasdaq's U.S. Options and Nordic Derivatives businesses to support growth through a coordinated One Nasdaq approach.
• Partner with Distribution, Insights, Marketing, Sales, and R&D teams to align priorities and execute growth initiatives.
• Monitor market trends, competitive developments, and client needs to identify future growth opportunities.

Lead Strategic Partnerships and Ecosystem Development

• Serve as the primary Index Product Management representative for Nasdaq's listed derivatives ecosystem.
• Work closely with internal product management, sales, and business leadership teams to support the growth of existing products and evaluate new opportunities.
• Develop business cases, partnership frameworks, and commercialization plans supporting derivatives-related initiatives.
• Coordinate engagement across key market participants, including exchanges, broker-dealers, market makers, asset managers, and other ecosystem participants.

Drive Product Innovation and Development

• Partner with Index Research & Development to identify opportunities where new indexes can support successful derivatives products.
• Help define the roadmap for new derivatives opportunities linked to Nasdaq intellectual property.
• Evaluate emerging market trends and client demand to support innovation and product expansion.

Manage Strategic Client Relationships

• Partner closely with Sales to develop and manage relationships with key clients and strategic partners.
• Serve as a senior commercial representative for Nasdaq's Index business in discussions involving product strategy, licensing, and market development.
• Build relationships with senior stakeholders across the derivatives ecosystem and identify opportunities for commercial growth.
• Represent Nasdaq in client engagements, industry forums, and strategic partnership discussions.

Required Qualifications:

• 10+ years of experience in financial markets, derivatives, index products, exchange-traded products, or related fields.
• Strong understanding of listed derivatives markets, including futures and options.
• Experience developing and executing commercial strategies for financial products or market infrastructure businesses.
• Demonstrated success managing strategic partnerships and senior client relationships.
• Proven ability to lead complex cross-functional initiatives.
• Excellent communication, presentation, and relationship management skills.

Preferred Qualifications:

• Experience working at an exchange, index provider, broker-dealer, market maker, asset manager, or other derivatives market participant.
• Knowledge of derivatives market structure, product development, and exchange ecosystems.
• Familiarity with index construction, benchmark methodologies, and intellectual property licensing models.
• Established relationships within the derivatives industry.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

We’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq’s overall success.

The base pay range for this role is $155,000 - $287,000. In addition to base salary, Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive), comprehensive benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq’s programs and rewards are intended to allow our employees to:

• Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
• Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
• Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
• Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
• Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities

For more information, visit Nasdaq Benefits & Rewards Career page.