Junior Product Manager

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
• Aid in metrics reporting, including feature adoption, workflow performance, and issue trends

Requirements

• 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
• 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

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
• 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