CPT Software Product Manager Jobs
Software Product Manager CPT roles let you own the full product lifecycle, discovery, roadmap, and launch, while your school's DSO authorizes the work as a direct extension of your coursework. Employers hiring CPT students for PM roles expect cross-functional collaboration skills and often require prior internship experience in technical or business analysis functions.
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Who We Are
Derivative Path empowers institutions across the capital markets with innovative, AI-driven technology and expert advisory solutions. Our award-winning cloud platform supports banks, credit unions, private equity firms, hedge funds, asset managers, and insurance companies in managing interest rate, FX, and commodity risks, optimizing hedging strategies, and streamlining cross-border payments. With a client base spanning over 250 financial institutions and leading private equity firms, we deliver scalable solutions that enhance risk management and drive operational performance. Through strategic partnerships with Goldman Sachs, Wells Fargo, FNBO, Q2, and Jack Henry, we provide best-in-class capabilities to help clients achieve their financial objectives in an ever-evolving market. With a team of seasoned professionals comprised of decades of industry experience, Derivative Path offers a flexible, hybrid work environment to its 130+ employees with the ability to work remotely and from one of four offices in San Francisco, New York, Chicago, and Manila. The Company is dedicated to building a diverse environment and has an unwavering commitment to creating a sense of belonging for all employees.
The Opportunity
We are seeking a Front Office, Product Owner with strong experience in product management and the software development lifecycle (SDLC and AI-DLC) to join our team. This role sits within our Front Office team, which focuses on clients’ pre-trade needs, including Dodd-Frank compliance requirements, building capabilities across pre-trade workflows, trade entry, and trade execution that identify exposure and surface hedging opportunities; while managing the revenue metrics of the product area. This role requires a candidate to own their product from conception through delivery, working autonomously to prioritize the team’s backlog and clearly articulate the priorities and user impact of our initiatives to key stakeholders. The ideal candidate brings a strong understanding of capital markets and OTC derivatives, including interest rate FX and Commodity, along with the organization, drive, and collaboration skills needed to keep cross-functional teams aligned. The Product Owner will elaborate epics and user stories, document detailed requirements and acceptance criteria, and actively manage the product backlog in Jira. This role requires excellent communication, the ability to multi-task across concurrent initiatives, and confidence validating that developed functionality meets expectations before presenting it to the broader organization.
What You’ll Do
- Own a product or functionality from conception through delivery, guiding initiatives through the full software development lifecycle (SDLC & AI-DLC) from discovery to release.
- Clearly articulate and develop initiatives, epics, and user stories, documenting detailed requirements and acceptance criteria that define client impact.
- Actively manage and prioritize the product backlog in Jira, holding regular grooming sessions with development to maintain at least 3 sprints of ready backlog.
- Collaborate with other teams to align dependent workstreams and ensure seamless, on-time execution of projects.
- Clearly articulate the priorities and user impact of team initiatives, analyzing how they affect client satisfaction and business outcomes, and collaborating with Development to iterate on strategies as needed.
- Maintain transparent communication with stakeholders regarding project status, potential risks, and resource requirements.
- Ensure comprehensive documentation of requirements, acceptance criteria, project plans, and progress reports to facilitate effective tracking and accountability.
- Work independently to drive initiatives forward, validate that developed functionality meets expectations, and present new functionality to the broader organization.
Qualifications
- 10+ years of professional experience in product management, including experience owning a product or service from conception through delivery.
- Bachelor’s degree in Finance, Business Administration, Computer Science, Information Technology or a related field.
- Strong understanding of the software development lifecycle (SDLC & AI-DLC) and Agile methodologies (e.g., Scrum, Kanban).
- Strong understanding of capital markets and OTC derivatives, including Interest Rate, FX and Commodity derivatives.
- Experience with Jira, actively managing and prioritizing a product backlog.
- Highly organized, driven, and capable of working autonomously.
- Highly skilled collaborator and excellent communicator, able to clearly articulate priorities and the user impact of initiatives to stakeholders.
- Able to multi-task effectively across concurrent projects, and skilled at documenting detailed requirements and acceptance criteria.
- Proficient at rapid prototyping.
- Strong analytical and problem-solving skills, with a focus on delivering client value.
Location
Remote USA
Benefits
- Base salary, equity, and annual bonus as part of the compensation package
- 40 hours of sick leave
- 18 days of PTO
- Paid parental leave
- 401K contribution at 3%
- Competitive health benefits including HSA & FSA options, life insurance, and short-term disability
The expected salary for this position is $150,000-$170,000 and is eligible for a discretionary bonus and equity. We will consider your skills, experience, and location when determining your pay.
Derivative Path is an equal opportunity employer and does not discriminate based on any of the following: race, religious creed, color, age, sex, sexual orientation, gender identity, gender expression or gender characteristic, national origin, religion, marital status, medical condition, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances.
Derivative Path offers a comprehensive benefits package, including health, dental, vision, retirement plan contribution, and a generous paid time off policy. As part of Derivative Path’s hiring process, interviews and evaluations may be conducted using AI-assisted technology.
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Get Access To All JobsSoftware Product Manager CPT: Frequently Asked Questions
Does a Software Product Manager role qualify for CPT authorization?
Yes, if the work ties directly to your enrolled program. PM roles in technology or business programs typically qualify because the work involves applied skills from product management, business strategy, or information systems coursework. Your DSO will review the offer letter and a written explanation of how the role integrates with your curriculum before issuing authorization on your I-20.
Can I do CPT as a Software Product Manager at a startup without a formal HR team?
You can, but it requires extra preparation. Startups without dedicated HR often don't have established processes for CPT paperwork. You'll need to guide them through what the offer letter must say, your start date, end date, number of hours per week, and job description, so your DSO can authorize it. Get all of this in writing before you accept.
How do I find Software Product Manager employers who are comfortable hiring CPT students?
Migrate Mate lets you browse Software Product Manager roles filtered by employers with work authorization filing history, which is the clearest signal that a company already has internal processes for international students. Employers who have filed Labor Condition Applications or sponsored H-1B visa holders before are far less likely to withdraw an offer when CPT documentation comes up during onboarding.
What happens to my CPT authorization if my PM role changes scope mid-internship?
A material change in your job duties, switching from product operations to pure sales, for example, can put your CPT authorization out of compliance. You must notify your DSO any time your role changes significantly. They'll assess whether a new authorization is needed. Don't wait until your semester ends to flag a scope change; unauthorized work is an F-1 violation.
Does CPT work as a Software Product Manager count toward the 12-month full-time CPT limit that affects OPT?
Yes. Any full-time CPT work, defined as 20 or more hours per week, counts toward the 12-month cumulative limit. If you exceed that threshold across all CPT authorizations, you lose OPT eligibility entirely. Part-time CPT, under 20 hours per week, does not count toward this limit regardless of how many semesters you use it. Track your authorized hours carefully with your DSO.