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Salary Transparent
Junior Product Manager
Grand Central (Manhattan)FULL-TIMEEntry LevelPosted 1 weeks ago
Salary Range
$112,837 - $112,837
About the Role
Responsibilities Partner with broking desks and business stakeholders to document needs, pain points, and enhancement opportunities across rates and credit products Translate business needs into clear user stories, acceptance criteria, and functional requirements Maintain the product backlog and support prioritization discussions with senior product managers Serve as the day‑to‑day liaison between broking desks, developers, and QA to ensure smooth delivery Track deliverables, dependencies, and risks, escalating blockers to senior product managers when needed Support release readiness activities, including documentation, training materials, and rollout communications Review QA test scenarios and validate business logic for credit and rates workflows Coordinate User Acceptance Testing (UAT) with end users and ensure timely sign‑offs Analyze usage and workflow data to identify improvement opportunities such as liquidity, pricing, trade capture quality, and exception rates Assist with metrics reporting, including feature adoption, workflow performance, and issue trends Strong understanding of Fixed Income markets across Rates and Credit Solid knowledge of government bonds such as Treasuries, Gilts, and EGBs, as well as inflation‑linked bonds like TIPS and Linkers Credit market experience in at least one area: Corporate Bonds (Investment Grade / High Yield) Emerging Markets Bonds (sovereign and/or corporate) Working knowledge of Interest Rate Derivatives including IRS, OIS, FRA, basis swaps, swaptions, and caps/floors Working knowledge of Credit Derivatives including single‑name CDS and CDS indices Understanding of key lifecycle events such as coupons, rolls, and credit events at a workflow level Understanding of essential pricing and risk concepts: price vs. yield, yield‑to‑maturity, DV01, and their use in trading workflows Awareness of credit‑specific fundamentals including spread, clean vs. dirty price, and settlement conventions at a workflow level Familiarity with common trading structures such as switches, flies, basis trades, and spread switches Knowledge of trading protocols including central limit order books (CLOB) and basic auction mechanisms (Optional) Exposure to implied trading and legging strategies Technical Skills Strong Excel skills (advanced formulas; comfort working with large datasets). Working knowledge of SQL for querying data (Oracle, Sybase, or NoSQL exposure helpful). Basic-to-intermediate Python for analysis (Pandas/Matplotlib) in Jupyter/Colab preferred. Comfortable capturing requirements and delivery tracking in Confluence and Jira. Familiarity with QA practices; ability to help define test scenarios and validate outcomes Qualifications Minimum 5 years of experience in a product, business analyst, or delivery role within: Fixed income and/or credit trading platforms, e-trading venues, interdealer brokerage, market infrastructure, or adjacent capital markets technology. Demonstrated experience working with: Front-office users (traders/brokers/sales), technology teams, and QA. Personal Attributes Clear communicator with strong stakeholder management skills. Analytical, detail-oriented, and comfortable working with numbers and trading concepts. Proactive, takes initiative, and thrives in fast-paced environments. Collaborative mindset with a bias toward execution and problem-solving.
Originally posted onAdzuna