Head of Financial Logic & Product Innovation

About Us Established in 2018, Bybit is one of the world’s leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. Powered by world-class technology and a user-first mindset, Bybit delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3 — connecting users to the future of digital finance. Our core values define how we build. We listen, care and improve to create products and experiences that put users first. Backed by a global team of ambitious builders, problem-solvers, and innovators, we foster a high-performance and fast-moving environment where talent is empowered to drive real impact at the global scale. Supported by 24/7 multilingual customer service and a strong commitment to innovation, we are shaping the future of finance through technology, collaboration, and bold execution. Today, Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, continuing to expand its global presence while building the infrastructure for the next generation of financial services. About the Role We are looking for a seasoned financial engineering and product innovation leader to build and lead our Financial Logic & Product Innovation (FL) team within DBU. This role sits at the intersection of quantitative finance, derivatives product design, and crypto-native innovation. You will own the financial models that power our trading platform and drive the creation of next-generation financial products. Key Responsibilities Financial Logic Ownership Own and optimize core financial formulas across the platform: funding rates, index prices, mark prices, liquidation engines, margin models ( UTA /cross-margin), insurance fund mechanics, and settlement logic Identify and resolve edge cases, parameter inefficiencies, and risk-reward imbalances in existing financial models Collaborate with Risk to support risk index development and financial logic optimization projects Product Innovation Independently research and propose new financial products (derivatives, structured products, hybrid instruments) beyond the current roadmap Conduct competitive analysis, market microstructure research, and user behavior analysis to identify product opportunities Translate product concepts into rigorous financial specifications ready for engineering implementation Team Leadership Build, mentor, and manage a team of financial engineers and product researchers (currently 4, growing) Set clear goals, delivery timelines, and quality standards for the team Foster a culture of self-driven research, intellectual curiosity, and data-informed decision making Cross-functional Collaboration Work closely with Trading Products to translate market needs into financial models Provide BTE (exchange engineering) with precise formula specs, test cases, and validation criteria Partner with Trading Ops on real-time parameter tuning and anomaly investigation Requirements Must-have: 8+ years in quantitative finance, financial engineering, derivatives product design, or related fields Deep understanding of derivatives pricing, risk models, margin systems, and market microstructure Solid experience in both crypto exchanges and traditional financial exchanges ( TradFi ) Proven track record of designing and shipping financial products Strong intrinsic motivation to create and launch innovative financial products that don't yet exist in the market Strong mathematical and analytical skills; comfortable with stochastic calculus, numerical methods, and statistical modeling Experience leading and growing a technical team (4+ direct reports) Ability to independently produce research and proposals — not just execute on a given roadmap Excellent communication skills; able to distill complex financial concepts for cross-functional stakeholders Nice-to-have: Bilingual (English + Mandarin) — team operates across English…