Junior Product Manager
at BGC Partners
Posted 3 hours ago
No clicks
- Compensation
- Not specified
- City
- Country
- United States
Currency: Not specified
**Junior Product Manager** in New York. Manage rates and credit product needs, translating business insights into user stories. Maintain product backlog, support prioritization, liaise between stakeholders, track deliverables, escalate blockers. Experience with Agile methodologies required.
Location: New York, NY, United States
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.
The Junior Product Manager – Fixed Income & Credit supports senior product leaders by gathering requirements, coordinating delivery, and driving adoption of platform enhancements across rates and credit workflows. This role bridges business stakeholders, broking desks, and technology teams, contributing to initiatives that support revenue growth, market coverage, and regulatory/compliance needs.
