---
title: 'Staff Product Manager (New Credit) at Morpho'
canonical: 'https://feeny.ai/job/staff-product-manager-new-credit-morpho-new-york-vq3c67501zgm'
type: 'job'
last_seen: '2026-09-10'
---

# Staff Product Manager (New Credit) at Morpho

- **Company:** Morpho
- **Location:** New York, NY
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-08-31
- **Last confirmed live:** 2026-09-10
- **Apply:** https://jobs.ashbyhq.com/morpho/94d58af1-4a2b-41d7-ae46-5c01f4c7adae

## Job description

## About Morpho

Morpho is a leading Decentralized Finance (DeFi) lending protocol backed by a16z crypto, Paradigm, Ribbit Capital, Apollo, Vaneck, Coinbase Ventures, Variant and 50 others to build an open credit network giving anyone, anywhere, access to the best possible terms. Morpho is experiencing exponential adoption, with over billion in deposits on the network and used by institutional clients including Bitwise, Galaxy, and Anchorage Digital and the largest crypto exchanges, such as Coinbase, Binance, and Kraken. Now, Morpho is scaling its team of contributors to establish itself as the open credit network, not just of DeFi, but of the world.

## Why Morpho Exists

Everyone has the potential to build something great for the world. But fulfilling that ambition almost always requires more: people willing to trust you with their capital. Yet access to capital still depends on where you live, who you know, and which institutions are willing to trust you. Even when capital is available, it sits fragmented across disconnected networks and hidden behind intermediaries. The result is a system that fails most of the people it should serve. Borrowers overpay. Lenders earn less than they should. Many are shut out entirely, not because they are unworthy of credit, but because today's infrastructure was never built to connect them. Morpho exists to solve this. Full article [here](https://morpho.org/blog/why-morpho-exists/). Location Paris or remote (from -5h GMT up to +2h GMT to ensure sufficient overlap with the rest of the team).

## Role

Morpho's Midnight launch brought fixed-rate, fixed-term lending onchain, and with it a set of credit markets that were never viable before. This role decides which of those markets Morpho pursues, what each one demands, and how to get there. It exists because the opportunity is far larger than the team can chase at once, so the sequencing has to be right.

## Responsibilities

- Own Morpho's strategy for expanding into new credit markets, building the framework that sizes and sequences each opportunity so the team goes after the ones that will gain real traction.
- Size net new markets including custodied Bitcoin, tokenized equities, undercollateralized credit and credit card receivables, using market data and competitive dynamics to decide where Morpho moves first.
- Build and run the process that surfaces what institutions actually need across a range of use cases and industries, so Morpho knows which problems to solve to unlock each loan type.
- Work with protocol, engineering, solutions, partnerships, marketing and legal to decide where Morpho builds and where it partners, then ship multiple zero-to-one loan categories.
- Design and run proof of concepts with new counterparty types, then use the results to scale a proven model across the rest of that market.
- Map the regulatory, compliance and registration requirements attached to each new market and factor them into which opportunities Morpho takes on, and in what order.

What Success Looks Like First 30 days Ramped on the lending stack and what Midnight makes possible. Has met markets, solutions, partnerships and protocol, and mapped the credit opportunities already in play. First 3 months You drove delivery of a proof of concept for a new loan market, and helped the team size the broader landscape of where to move next. First 6 months You've shipped experiments across several categories and developed internal consensus on our strategy to expand morpho into new markets. Must Have Experience & Skills:

- Proven track record taking products from zero to one in greenfield markets.
- Experience in crypto, traditional finance, or fintech, with a working grasp of how credit markets function.
- Experience shipping products with regulatory or compliance requirements.
- Excellent written and verbal communication across technical and non-technical audiences.
- Ability to create clarity and drive decisions in highly ambiguous environments
- Fast synthesis, with the ability to ramp on unfamiliar industries and markets quickly.
- Team-first mindset, low ego.

## Perks & Benefits

We design benefits around deep work and growth, so you can do the best work of your career. Expect fair, top-tier compensation, real flexibility, time together in Paris, great health coverage, and support to keep learning.

## Equal Opportunity

We welcome applicants from all backgrounds and hire based on talent, potential, and values alignment.

## About Morpho

## Company Overview
- **One-liner**: Morpho is an open, decentralized credit network that provides enterprise-grade infrastructure for businesses to build, embed, and scale onchain lending and borrowing products.
- **Entity Type**: Private (Venture-backed; last round: Series A+ led by Ribbit Capital)
- **Headquarters**: Paris, France
- **Founded**: 2021
- **Founders**: Paul Frambot (Co-founder & CEO), Merlin Egalite (Co-founder)

## Core Business
- **Primary Industry**: Decentralized Finance (DeFi) / Onchain Lending Infrastructure
- **Target Customers**: B2B — exchanges (e.g., Coinbase, Crypto.com), fintechs, banks, regulated institutions, and risk curators building lending/borrowing products.
- **Mission Statement**: "Power human ambition with open access to capital."

## Products & Services
- **Morpho Blue** *(Protocol/Infrastructure)*: A permissionless, immutable lending protocol with isolated markets (1 loan asset + 1 collateral asset per market). Serves as the foundation of the lending ecosystem.
- **Morpho Vaults** *(Platform)*: Curated lending vaults that allow independent risk experts to build businesses around differentiated risk profiles, auto-allocating deposits across Morpho Markets.
- **Morpho Optimizer** *(Optimization Layer)*: An optimization layer (now superseded by Morpho Blue) that initially improved interest rates for users on top of Aave and Compound.

## Market Standing
- **Valuation**: Not disclosed (privately held).
- **Key Metric — Total Deposits**: Over $13B in deposits (as of early 2026), up from $5B during 2025. Active loans reached $4B+. RWA deposits grew to $400M by Q3 2025.
- **Key Metric — Total Funding**: $69.2M in total funding across 4 rounds.
    - Seed (2021): $1.2M (while founders were still at university)
    - Series A (2022): $18M led by a16z crypto & Variant
    - Venture Round (2024): $50M led by Ribbit Capital
- **Notable Investors/Partners**: a16z crypto, Variant, Ribbit Capital, Pantera Capital.
- **Notable Integrations (Business Customers)**: Coinbase (crypto-backed loans, its largest DeFi integration), Crypto.com, Gemini, Ledger, Lemon, Société Générale Forge, Bitget, and many other regulated institutions.
- **Growth Signals**: User growth from 67,000 to 1.4M+ users (+2,000%+). Headcount grew 39.2% YoY to 52 employees, with 10 open roles in 2026. Expanding into institutional and regulated banking sector partnerships.

## Competitive Advantages
- **Open & Permissionless but Secure**: Morpho is immutable, non-custodial, and permissionless, yet employs enterprise-grade security practices including tier-1 audits and a $2.5M bug bounty. Committed to formal verification.
- **Flexible, Isolated Markets**: Unlike monolithic protocols (e.g., Aave), Morpho uses isolated, single-asset markets that can be composed into any risk profile, allowing depositors granular control over exposure.
- **Liquidity Network Effect**: With $13B in deposits, Morpho provides the deepest onchain liquidity, creating a strong moat for attracting more builders and institutions.
- **Top-Tier Backing & Adoption**: Backed by a16z, Variant, and Ribbit Capital, with integrations from the largest crypto exchanges globally — signaling trust and scalability.

## Strategic Focus
- **Institutional Adoption**: Actively targeting banks, regulated institutions, and fintechs to embed onchain credit solutions. Société Générale Forge is a key strategic win.
- **Real-World Assets (RWA)**: Growing the RWA deposit volume, which expanded from near zero to $400M in 2025.
- **Geographic Expansion**: Operating in 12 countries (US, UK, Switzerland, Portugal, Singapore, NZ, etc.), with dedicated roles for APAC and Americas regions.
- **Talent Acquisition**: Scaling the engineering and institutional sales teams aggressively, particularly for Protocol Engineers, Security Engineers, and strategic account managers.

## Why Work Here
- **Culture & Values**: Values include "Justify Everything" (challenge all decisions with rationale), "Bias for Action," "Laser-Focused," and "Simplicity." The team expects high output but supports its talent with top compensation and autonomy.
- **Remote-First with Global Offices**: Flexible work policy — remote or from their Paris headquarters. Remote employees get an allowance to visit Paris 3x a year. All employees have access to Spaces co-working offices globally (585+ locations).
- **Compensation & Perks**: Base salary in top 10% globally. Full-time contributors receive MORPHO token grants. Health insurance worldwide. Professional development budget for courses and conferences. Relocation packages available for Paris.
- **High-Impact Work**: Tackling fundamental problems in a nascent market — re-building the global credit system onchain. The engineering team is publicly highlighted as a core strength in the 2026 update.
- **Hiring Process**: 3–6 weeks: (1) Talent Lead interview, (2) Manager interview, (3) Case study, (4) Co-founder interview.

## Sources
1. [morpho.org](https://morpho.org/)
2. [linkedin.com](https://www.linkedin.com/company/morpho-association)
3. [morpho.org/jobs](https://morpho.org/jobs)
4. [morpho.org/faq](https://morpho.org/faq/)
5. [morpho.org/blog/morpho-2026](https://morpho.org/blog/morpho-2026/)

## Other roles at Morpho

- [Account Growth](https://feeny.ai/job/account-growth-morpho-paris-wpvqe9xrmfqp) — Paris, France
- [Revenue Operations Manager](https://feeny.ai/job/revenue-operations-manager-morpho-paris-tdtt8cg0fy19) — Paris, France
- [Ops Manager - People Success](https://feeny.ai/job/ops-manager-people-success-morpho-paris-gj4d6rymt8p8) — Paris, France
- [Senior Fintech BD](https://feeny.ai/job/senior-fintech-bd-morpho-new-york-9153h1515dw1) — New York, NY
- [Ops Associate - People Success](https://feeny.ai/job/ops-associate-people-success-morpho-paris-mpv4qt057ypw) — Paris, France
- [Head of GTM](https://feeny.ai/job/head-of-gtm-morpho-new-york-9gyrgkwp5y48) — New York, NY
- [Staff Backend Engineer](https://feeny.ai/job/staff-backend-engineer-morpho-paris-s6t42a08at0x) — Paris, France
- [Staff Fullstack Engineer](https://feeny.ai/job/staff-fullstack-engineer-morpho-paris-vbw6b26cj0zh) — Paris, France
- [Solution Architect - Americas](https://feeny.ai/job/solution-architect-americas-morpho-new-york-kafnn54sx5q8) — New York, NY