Product Manager (Protocol)

As a Product Manager for Protocol at Morpho, you'll shape the product strategy and guide execution for the core lending infrastructure powering products and markets across the DeFi ecosystem. You'll work with Morpho's protocol team to turn the needs of users and ecosystem partners into a focused roadmap, partner closely with protocol and engineering teams to shape solutions, and drive improvements from discovery through launch and adoption. You operate at the intersection of deeply technical systems, financial markets, and a fast-moving ecosystem.

What you'll do

• Own the roadmap for Morpho's protocol team, defining the highest-impact problems to solve and sequencing opportunities against company goals, user needs, technical constraints, and ecosystem dynamics
• Build and run a continuous discovery process with curators, distributors, integrators, developers, and other protocol users to understand their workflows, pain points, and emerging needs
• Translate user and market insights into clear product requirements, decision frameworks, and success criteria that help protocol and engineering teams move quickly with strong rationale
• Partner closely with protocol, engineering, research, security, legal, solutions, partnerships, and marketing to take initiatives from early exploration through design, implementation, audit, launch, and adoption
• Evaluate product and technical tradeoffs, including when to extend the protocol, improve surrounding infrastructure, enable partners, or deliberately avoid adding complexity
• Define and track the signals that show whether protocol initiatives are working, combining quantitative data with ecosystem feedback to guide iteration and future investment
• Communicate product direction, decisions, tradeoffs, and release implications clearly to internal teams and external stakeholders
• Improve how product decisions are made and documented as Morpho and its protocol ecosystem scale

What you bring

• 5+ years building technical products in complex or fast-changing environments
• A proven track record taking products or major features from ambiguous problem spaces through launch and iteration
• Strong technical fluency, with the ability to reason about system design and constraints, engage deeply with engineers and researchers, and translate technical concepts for non-technical audiences
• Excellent product judgment: you can distinguish important user problems from requests, make principled tradeoffs, and focus teams on the work with the greatest impact
• Strong user discovery and synthesis skills, with the ability to uncover needs across different user types and turn incomplete or conflicting inputs into clear direction
• Experience leading cross-functional work without relying on formal authority
• The ability to define success, use quantitative and qualitative evidence, and adapt direction as new information emerges
• Excellent written and verbal communication, especially in an async environment
• Comfort creating clarity and driving decisions in highly ambiguous contexts
• Strong ownership and autonomy: you act without waiting to be told
• A team-first mindset and low ego

Nice to have

• Experience in crypto, DeFi, traditional finance, or fintech
• Familiarity with lending markets, smart contracts, or permissionless protocols
• Experience shipping products with significant security, audit, regulatory, or governance considerations

What we offer

• Fair, top-tier compensation
• Real flexibility and the ability to work from Paris or remote (within -5h GMT to +2h GMT timezone overlap)
• Time together in Paris
• Great health coverage
• Support to keep learning

About Morpho

Morpho is a leading DeFi lending protocol backed by a16z crypto, Paradigm, Ribbit Capital, Apollo, Vaneck, Coinbase Ventures, Variant and others, with over a billion in deposits on the network. The protocol is used by institutional clients including Bitwise, Galaxy, and Anchorage Digital, and integrated with major exchanges such as Coinbase, Binance, and Kraken. Morpho exists to solve fragmented access to capital by building an open credit network that gives anyone, anywhere access to the best possible terms.