Staff Product Manager (New Credit)

Morpho's Midnight launch introduced fixed-rate, fixed-term onchain lending, opening up credit markets that weren't previously viable on the protocol. This Staff Product Manager role exists to decide which of those markets Morpho should go after first, since the opportunity set is bigger than the team can chase all at once.

The PM will build the framework for sizing and sequencing new credit markets, covering areas like custodied Bitcoin, tokenized equities, undercollateralized credit, and credit card receivables, and will run the process for figuring out what institutional counterparties actually need before committing engineering time. That means working closely with protocol, engineering, solutions, partnerships, marketing, and legal to decide what Morpho builds itself versus what it partners for.

This is a senior, ambiguity-heavy role suited to someone who has taken products from zero to one in a genuinely new market before, ideally with some exposure to regulatory or compliance-driven launches.

• Own Morpho's strategy for expanding into new onchain credit markets and set the sequencing across opportunities
• Size new markets such as custodied Bitcoin, tokenized equities, and undercollateralized credit using market and competitive data
• Run a discovery process to identify what institutional counterparties need from each new loan type
• Work with protocol, engineering, solutions, partnerships, marketing, and legal to decide what to build versus partner on
• Design and run proof-of-concept launches with new counterparty types, then scale what works
• Map regulatory and compliance requirements for each new market into the prioritization decision

• Proven track record taking products from zero to one in a genuinely new (greenfield) market
• Background in crypto, traditional finance, or fintech with working knowledge of how credit markets function
• Experience shipping products that carry real regulatory or compliance requirements
• Strong written and verbal communication across technical and non-technical audiences
• Ability to create clarity and drive decisions in a highly ambiguous, fast-moving environment

This role effectively sets Morpho's roadmap for expanding beyond its Midnight fixed-term lending launch into new asset classes, making it one of the company's highest-leverage product hires as it moves from protocol capability to product-market fit in each new credit vertical.